AHG - Profitable Strategy for Struggling Traders

Status
Not open for further replies.
I am reading the thread from beginning and after two days I have come upto page 200.

I came across ELD. What is this.

It would be much helpful (this is a request) if abbreviations are not used.

Thanks
 
Quote from osho67:


I came across ELD. What is this.

More...

Stands for Easy Language Document. It is tradestation's programming language. Pretty powerful and very user friendly. People can code up indicators and such, put the file on line, and people can import it to their platform. Can only be used with Tradestation, Multicharts, and I think there is one other company that can use EL but I'm not sure off the top of my head.
 
Scaled out some more ER2 at 825.90

Need to examine the close of the daily bar to decide how I proceed with the rest or if I intensify on an official bull flag confirmation, then one I entered early based on price action speculation.

Turned out to be a nice swing.

Last night I found nothing but bearish posts as to how financials and the double tops would create a Black Monday. Tons of October horror stories.
Once again why I wipe my butt with the news and just follow the charts.

All you got to do is follow price action.

You want to short the tops, that's fine but at least wait for confirmation which is my number one rule and the one most seem NOT to use in the ET forums.

In the meantime, please allow me to say CA$HING as I secure the profits.

Trend is your friend until it ends.

Back to skiing.......

Anek
 
That was a nice break on NQ's D top failure.

I'm trying to discipline myself where channels form. Once I see Confirmation of a channel, I just sit tight until it's broken.
Easier said than done but I'm getting better.

This helps prevent me from over-trading.

-Tech
 
Anek,

I saw the ER2 chart you posted on 9/25, where you mentioned you were considering a long swing trade. Can you please specify the reason for the swing trade initiation. Sorry, if I am missing anything obvious.

Thanks
Disciplinetrader
 
Quote from disciplinetrade:

Anek,

I saw the ER2 chart you posted on 9/25, where you mentioned you were considering a long swing trade. Can you please specify the reason for the swing trade initiation. Sorry, if I am missing anything obvious.

Thanks
Disciplinetrader
More...

Breakout out of consolidation

Uptrend

Pole

Retracement

Bullflag formation

Small risk good payout

...and I'm in like groom on the honeymoon if you know what I mean.

Anek
 
Thanks Anek. I see what you are saying.

If possible can you post your chart to show where you scaled in and scaled out for this ER2 trade.

Thanks
DisciplineTrader.
 
Status
Not open for further replies.
Back
Top