AHG - Profitable Strategy for Struggling Traders

Status
Not open for further replies.
AAA,

One more thing.
Today the Paintbars are showing complete inaccuracy in relation to previous days. Sounds like a bug.

Also, lower Paintbars always show as really thin.
Is there a setting you know of to expand them to the height of the pane?

btw, I changed the script to show default fib levels.

See attached.

-Tech
 

Attachments

Tech,

I have not tested this out in real time so you will have to watch it to see if it is accurate. I appears that it calculates from the time you apply it so historical values may not be correct.

To make the band larger select edit on the paint bar indicator and choose Show on Full background.

AAA
 
Quote from Anekdoten:

JSSPMK,

It's all in the journal. Everything needed aside from discipline and screen time is right here on this journal.

Small stops, letting the winners run, discipline, money management, screen time up the ass, etc.

You start with baby steps. When you have solid evidence of consistency without a shadow of a doubt you gradually increase car size and you keep this cycle with full responsibility. No consistency no increase, in fact, decrease.

Once your accuracy starts turning for the better you implement averaging up techniques and when you are blessed enough to catch the birth of a trend you break the bank.

And last but definitely not least you never ever average down because it is not about being right but about making money, responsibly, calmly, patiently and with confidence.

Shutting systems down to live a bit.

Anek
More...

Cheers mate, I'll give myself another 2-3 months before I consider taking it upto 6 lots.
 
Conclusion of Phase I

You will find many pieces of the puzzle on this chart.

Please notice the following AHG key elements at work:

- The engulfing paintbars for entries and exits when riding meaningful trends although plenty of examples are scattered in the journal in this area

- Unnecessary large stops, the option of re-entering

- Meaningful Patterns

- Pattern failures

- Reversal Pattern confirmation

- Trendlines at work to help you stay with the trend and knowing when it might be over

- The magic "tick" confirmation after the breakout closing bar when a pattern forms

- The powerful synergy between macro and micro charts, knowledge of key areas

- The complete elimination of lagging indicators

- Comparison of narrow range (yesterday) and wide (today), more volatility is good for traders

- Market E-Motion lines for measuring strength of the trend and possible targets plus areas of congestion, highly powerful stuff. A swiss army knife, learn this tool well.

I feel Phase I of AHG is complete.

Feel free to discuss the tasks and methods at hand among you all. I will now take a much needed rest and when the time is right for me, I will return for Phase II.

If I'm forgetting something I'm sure it's somewhere in the journal.

Screen time and practice should be the priority now along with avoiding the root of all evil, the chop.

Until the next time.

(to be continued)

Anek
 

Attachments

Cheers matey :D

Go enjoy your much needed break from the madness of ET :D



Quote from Anekdoten:

Conclusion of Phase I

You will find many pieces of the puzzle on this chart.

Please notice the following AHG key elements at work:

- The engulfing paintbars for entries and exits when riding meaningful trends although plenty of examples are scattered in the journal in this area

- Unnecessary large stops, the option of re-entering

- Meaningful Patterns

- Pattern failures

- Reversal Pattern confirmation

- Trendlines at work to help you stay with the trend and knowing when it might be over

- The magic "tick" confirmation after the breakout closing bar when a pattern forms

- The powerful synergy between macro and micro charts, knowledge of key areas

- The complete elimination of lagging indicators

- Comparison of narrow range (yesterday) and wide (today), more volatility is good for traders

- Market E-Motion lines for measuring strength of the trend and possible targets plus areas of congestion, highly powerful stuff. A swiss army knife, learn this tool well.

I feel Phase I of AHG is complete.

Feel free to discuss the tasks and methods at hand among you all. I will now take a much needed rest and when the time is right for me, I will return for Phase II.

If I'm forgetting something I'm sure it's somewhere in the journal.

Screen time and practice should be the priority now along with avoiding the root of all evil, the chop.

Until the next time.

(to be continued)

Anek
More...
 
Anek, thanks a million for your efforts.

Since I am a keen indicator user I would like to ask you this:

Why have you joined the cliche mob by calling indicators 'lagging' when I can dig out better fills (using an indicator) than you using price action only. I mean I know indicators are generally referred to as lagging, but come on man, you hurt my feelings :(
 
Thanks Anek

You are a great Ajahn (buddhist word for a compassionate teacher).

I had given up and I thought I will never be able to trade futures. You have given me a new hope.

I have got Suri book as well and I am studying and practicing paper trading. I hope I will make some grade.

Thanks so much
 
Status
Not open for further replies.
Back
Top