AHG - Profitable Strategy for Struggling Traders

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Thanks Anek for the reply on my scaleout method. I appreciate it.

Thanks for the tip to treat DB as dragon pattern, when it happens near massive support area.

Thanks
DisciplineTrader
 
I've been driving myself nuts all day trying to figure out how I would have caught some of the trades on your chart.
Thanks for posting that.

Question:
What setup gets you in the very first red circle on your chart?

The market wasn't open very long, so how do you know the trend is down, or are you just taking a chance there because of the red down bar.

In hindsight it looks easy as pie, but in real-time not so much...........at least not for my dumb ass.
 
Quote from Anekdoten:

NQ Analysis for 11.01.07

As always stops are small, usually based on ticks above/below entry bars
Anek
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I did'nt recall that , thought it was above or below recent S/R . But that would work good in a lot of situations to limit losses .

Your review of the NQ was helpful . The rectangle confused me today, took a short when support broke , then it reversed . Later it broke Resistance then reversed quickly again . Afterwards was oblivious to that lower high and subsequent TL break .

Am thinking the long on your chart around 9:39 is just covering a previous short as we were in a downtrend at the time .

Thanks for starting this up again .
 

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Hi

Looks like "failed Head and Shoulders" didn't work and "Head and Shoulders" is in play in NQ 25000 vol. chart. Also along with Double top setup happening well in 1000 vol. chart.


DT (DisciplineTrader)
 
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