AHG - Profitable Strategy for Struggling Traders

[cirekindob]

This is a long pullback; drawing a trendline, waiting for the break.

 

[c.profitt]

Quote from cirekindob:

This is a long pullback; drawing a trendline, waiting for the break.

here we go long @ 78.00

 

[cirekindob]

Quote from c.profitt:

here we go long @ 78.00

I got stopped out on my long.

 

[Arnie]

Quote from Anekdoten:

No, NQ W comments ?

You guys are slacking

Anek

I shorted the last leg up when it failed around 2082ish

 

[Techdoodle]

Question.

I find that Ws resemble trends breaks all too often.

So when is it best to look for a strong bar at the break of a trend vs a strong bar at the break of the W's mid-swing?

Also, if e-Motion/fib level is very close yet a little further away from a qualifying strong bar, do you see yourself giving priority to the fib level?

-Tech

 

[cirekindob]

Quote from cirekindob:

I got stopped out on my long.

I suck.

 

[c.profitt]

Quote from cirekindob:

I got stopped out on my long.

finally what was your stop?

 

[cirekindob]

Quote from Techdoodle:

Question.

I find that Ws resemble trends breaks all too often.

So when is it best to look for a strong bar at the break of a trend vs a strong bar at the break of the W's mid-swing?

Also, if e-Motion/fib level is very close yet a little further away from a qualifying strong bar, do you see yourself giving priority to the fib level?

-Tech

I usually front run the W bottoms. They are usually telegraphed very well. I wait for the trend break like you said of the down trend, then a higher low and a break of the subsequent down trend line.

 

[Anekdoten]

W's form when some kind of meaningful support is out there. It's up to the trader to determine how meaningful it is based on anchor charts.

Off to the beach.

Anek

 

[Anekdoten]

Intraday Swing Sample

Anek