AHG - Profitable Strategy for Struggling Traders

[Anekdoten]

Quote from Jaxon:

Anek, it's hard to believe (I'm not doubting you, I just am kind of shaking my head in disbelief) that anyone is seriously sending you PMs deriding you for helping others.... and giving away "trade secrets"

Did traders give Richard Dennis grief for training his turtles? You are going to have a bunch of AHG'ers running around soon - actually, you already do. My only complaint is that "AHG" is too close to "ARGH" which is the noise I make after most of my trades.

Post your "ARGH"s let me see them.

Public or private, it does not matter.

Anek

 

[jimmygold]

Quote from Anekdoten:

Pax,

I scale out many times, but I don't like to.

I prefer the all in all out approach.

In fact, and you prob know this, I love the gradual-in all out approach.

ie

-Double Bottom with the trend

First position in right at support

-Middle swing gets taken by a closing bar

Second "limit" position in

-Flexible Trendline

Third and subsequent on trendline support bounces

-Trendline breaks

All positions out

Anek

Anek, that double bottom with the Trend, does that mean you play by going Long in a successful double bottom in the middle of a HH, HL uptrend ? Or are you inferring that you play by going short in a failed double bottom in a LH, LL downtrend ?? Or do you do both types of trading ??

thnx

The

 

[Rn86]

Thanks for the star Anek, it means a lot to me

Well, I think YM is not covered in this excellent educational thread. So, I will try to post pretty simple trade setups on a daily basis for critique and suggestions. The methodology based only on price action and support/resistance.

Symbol: YM #F
Constant Volume: 300
Time: EST, 24 Hour chart

 

[Anekdoten]

Quote from jimmygold:

Anek, that double bottom with the Trend, does that mean you play by going Long in a successful double bottom in a HH, HL uptrend ? Or are you inferring that you play by going short in a failed double bottom in a LH, LL downtrend ?? Or do you do both types of trading ??

thnx

The

I buy the support of a double bottom with a miniature stop only if the trend is up.

If the double bottom is formed at a present LOD I need to a see a bar closing above the swing that separates the bottoms before initiating a long position. Which is nothing more than double bottom support + an up swing and essentially a new birth of a trend.

Anek

 

[ave331]

Quote from Anekdoten:

A Call for Help

If you are an experienced trader, please read.

Well, the amazing has happened. I'm getting constant hate mail from "anonymous" traders via PM. Complaints after complaints for revealing working techniques. ...... but I ignore each everyone of these hate mails.

Just a show of support on my part. Wouldn't call myself an "experienced trader" ... yet, although my handle was registered only recently, my years of lurking in ET as an unregistered user since the first days of "the Big Cheese's skirt-trades" might qualify me as sort of 'experienced' enough, by some stretch of the imagination hehe, to comment ...

Anek, you're doing a fantastic job showing there's no voodoo involved in successful trading ... let's presume voodoo sellers feel their business is threatened ... that's right, just ignoring them will do.

Your generosity with your methods have trimmed off superfluous indicator considerations from my trading screen, although some are retained but used with a fresh perspective. My sincere thanks to you. Would really love to contrbute, if only I could qualify enough or come across something relevant to share.

Best regards
~ave

 

[Anekdoten]

Quote from Rn86:

Thanks for the star Anek, it means a lot to me

Well, I think YM is not covered in this excellent educational thread. So, I will try to post pretty simple trade setups on a daily basis for critique and suggestions. The methodology based only on price action and support/resistance.

Symbol: YM #F
Constant Volume: 300
Time: EST, 24 Hour chart

Rn,

That's great news. Judging from your past two charts I'll be looking forward to them.

I'm sure many appreciate the effort, myself included. You will notice that posting your own analysis will not only help others but also improve your very own trading.

Anek

 

[Anekdoten]

Ave,

Thank you.

If you got access to a printer, print a detailed layout of an intraday chart you are familiar with and study it in micro detail as you lay in bed or sit in a waiting room, etc.

In time high probability setups with small risk will start becoming more obvious than you can imagine.

Anek

 

[ave331]

Quote from Anekdoten:

Ave,

Thank you.

If you got access to a printer, print a detailed layout of an intraday chart you are familiar with and study it in micro detail as you lay in bed or sit in a waiting room, etc.

In time high probability setups with small risk will start becoming more obvious than you can imagine.

Anek

Anek, good idea, thanks!

Best regards
~ave

 

[freewilly]

I will play. Attached is my understanding of your play.

My marks are in yellow.

Freewilly

P.S.,
Just read to RN's post. He explains it well.

 

[bmwhendrix]

A. I hate to see too many compliments to you here, you may get a big head and become an elitist, but I don't think I sense that is in you. I suspect the folks that are PMing you with negative comments, are folks who are themselves struggling, perhaps making some headwayj, but are not confident enough in their abilities or methods to understand that even though you might be offering information without secondary motives, there are realistically only a small percentage of readers who will have the ability, disicpline, fortitude and wherewithall, to utilize that information to make themselves successful. Therefore, you pose them no real threat. Ignore these miscreants. What I said is true, only a few of the followers of this journal will be able to incorporate what you have simply stated into their trading, for a variety of reasons. But the fact that you have offered, says a great deal about you.

D.