AHG - Profitable Strategy for Struggling Traders

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Hello All

I am from India and trade the Nifty (the index future of NSE). After struggling for about two years with all sort of indicators and systems, I finally shifted to trading based on pivots highs and lows.

Two weeks back I came across this journal. I have been following it since then and have read through it a couple of times.

Thanks Anek for such a wonderful effort. A best example of KISS principle.

The images of the structure uploaded by rn86 were really helpful to me. Thanks rn86 for the same.

Best Wishes
 

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Increase Accuracy

By now you should know I'm a fan of closing bars to get some kind of confirmation when breaking support or resistance.

Well, I will extend this a bit further, the closing bar TYPE matters.

You can apply this to support, resistance, trendlines, symmetric triangles, etc.

Attached a simple illustration from today.

Ok, *maybe* this is my last post before vacation :)

Au revoir

Anek
 

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Quote from Anekdoten:

Increase Accuracy

By now you should know I'm a fan of closing bars to get some kind of confirmation when breaking support or resistance.

Well, I will extend this a bit further, the closing bar TYPE matters.

You can apply this to support, resistance, trendlines, symmetric triangles, etc.

Attached a simple illustration from today.

Ok, *maybe* this is my last post before vacation :)

Au revoir

Anek
More...

I'm interpreting this as to say that the less or no wick on confirmation candles the better(stronger).

Am I far off?

-Tech
 
Its like watching paint dry on the YM and ES !!
No trades this afternoon and only one this morning for +9 . This stuff gets awful boring sometimes.
Just part of the game I guess.

damn gotta shake my leg right now its starting to fall asleep.UHGGGH :cool:
 
Quote from jimmygold:

Its like watching paint dry on the YM and ES !!
No trades this afternoon and only one this morning for +9 . This stuff gets awful boring sometimes.
Just part of the game I guess.

damn gotta shake my leg right now its starting to fall asleep.UHGGGH :cool:
More...

Yeah......ZzZZzzzZZzzZzz.....

~Cx
 
Since the close is so important I dont know how one would use, at least reliably, TS data using volume bars. I would think that your system would be much more accurate if using more accurate and correct volume bars.
 
Quote from Trader273:

Since the close is so important I dont know how one would use, at least reliably, TS data using volume bars. I would think that your system would be much more accurate if using more accurate and correct volume bars.
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Yeah I was thinking the same earlier but thus far it has not affected me. Still going to run MC on demo soon here.

~Cx
 
Hi,

Net $13 on NQ, traded ok today, added on one long and it came back to just stop me out break even.....I think like 1/2 point or whatever cost me like $300 as it proceeded to rocket from there and I was in double size....oh well, happens :D

Did nicely on some GS trades.

Take care all, gone until next week Wed.

Cheers :D
 
Quote from Razor:

Hi,

Net $13 on NQ, traded ok today, added on one long and it came back to just stop me out break even.....I think like 1/2 point or whatever cost me like $300 as it proceeded to rocket from there and I was in double size....oh well, happens :D

Did nicely on some GS trades.

Take care all, gone until next week Wed.

Cheers :D
More...

Good Job.

~Cx
 
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