AHG - Profitable Strategy for Struggling Traders

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Memorize this pattern, it will pay for a vacation trip one of these days.

There is nothing in trading like a major failure giving birth to a new powerful trend or continuation.

It is the most important lesson of 08.28.07

Anek
 

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Quote from abaker:

The larger wave pattern
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To me this tricky scenario is too much congestion for most to trade. I say stay out unless your Anek or some of the other very expert, nimble traders here !!
 
Thanks Anek.

Thats a good point jimmy. When ive traded this scenario ive always sweated buckets lol and been uncomfortable. As i was always aware, that i was shorting close to a potential triple or double bottom

Quote from jimmygold:

To me this tricky scenario is too much congestion for most to trade. I say stay out unless your Anek or some of the other very expert, nimble traders here !!
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Quote from abaker:

Thanks Anek.

Thats a good point jimmy. When ive traded this scenario ive always sweated buckets lol and been uncomfortable. As i was always aware, that i was shorting close to a potential triple or double bottom
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Ab,

No reason to sweat, remember YOU decide the maximum risk on every single trade.

If the risk is not comfortable for you, no play.

Anek
 
Quote from Anekdoten:


Extremely important and how in the world do I make stuff bold in this forum ? :)

Anek
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You just put it between {b} and {/b} but use the square brackets, [ ] . Actually, when you quote someone the forum puts the bold tags in automatically. You can also change the size of text using size= number tags




Extremely important and how in the world do I make stuff bold in this forum ? :)
 
Great journal Anek, awesome contribution to ET

Just curious if you trade various products and markets, or do you stick to stock index only?
 
S,

Thanks glad you like it.

Just equity indexes, if you ever find something that trends better with good liquidity and similar tax system please let me know.

I've looked at FOREX but it's not for me.

Anek
 
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