Enjoy! 
AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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I noticed you posted this right when the long awaited break stalled on NQ.
Good decision.
I saw only 2 opps on NQ so far today. The H&S break and the big triangle break.
-Tech
Question on stops for followers of this thread. I am curious what others are doing. I find that I am not consistent in my own trading.
1. Do you use a set # of points for initital stop, previous swing high/low or some other criteria.
2. Do you move to a break even at some point, or let initital stop sit until you have a swing high/low to move it to, or an exit signal?
3. When following the colors as Anec suggest, and not exiting untill there is a close below the previous bar of the trend, how do you decide whether to exit at that point or to sit through a small pullback with expectation of adding a position?
4. When adding do you add on a trendline break of the pullback or wait for a break of the last high/low?
Great Weekend to All!
1. Do you use a set # of points for initital stop, previous swing high/low or some other criteria.
2. Do you move to a break even at some point, or let initital stop sit until you have a swing high/low to move it to, or an exit signal?
3. When following the colors as Anec suggest, and not exiting untill there is a close below the previous bar of the trend, how do you decide whether to exit at that point or to sit through a small pullback with expectation of adding a position?
4. When adding do you add on a trendline break of the pullback or wait for a break of the last high/low?
Great Weekend to All!
BMW,
I would consider myself a swing trader using Anek's lessons. With that in mind:
1. previous swing high/low but always looking for my next obvious exit point using a TL
2. let initial stop sit until you have a swing high/low to move it to, or an exit signal
3. if you get a close below a previous bar that has broken the TL = exit
4. i don't add-on but a close above/below the last high/low after a bounce off the TL is where i would.
A. Looking at head and shoulder formations, sometimes they set up with the right shoulder higher than the left. Sometimes I see the neckline drawn at an upward angle because of this. Some charts like the one you posted on 9/11 have this type of angled neckline, but you drew your neckline horizontal from the left shoulder low. Is this the way you always play them?
Enjoy your day!
D.
Enjoy your day!
D.
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