AHG - Profitable Strategy for Struggling Traders

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Quote from cirekindob:

Triangle forming.

EDIT: Breakout to the upside. In 2 average @ 42. Target near HOD.
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You guys were right. The triangle I drew, looked like it was broken, but then it just hung around for a long time. I took more heat on that trade then I should have or that I would normally allow, 3.5 points. But it held above support so I hung on and exited at 51.25. There were many times I wanted to get out at break even.

Also, looking at price now, I exited too soon. No trend line was violated, but after being in that trade for so long and taking decent heat, I was happy to get for a nice profit.

EDIT: Hopefully more screen time will help me know when to stay in trades longer and when not to.
 
Quote from rverheyen:

In @ breakout
Out below resistance HOD
+8.75!

Tnx Mark for the support, love this!
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Now you see it still goes, are you pissed off because you left money on the table, NO you ARE NOTyou did the right thing you exited at the logical exit

Now we know resistance MIGHT become support let's se what happens, no wait it's too freaking late and it's friday afternoon, do you thing those who have profited on this long ride wont take profit before of the close
I doubt it

Oh by the way WTG !!! :D

Plus 23 net here.
 
Just for the record here is the triangle BO we played

We took profit at the HOD wich formed a double top around noon = strong resistance = logical exit

Have a nice WE all !
 

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hwkaiser..Thanks for your work on the AHG doc....Very helpful for reference..as you know this thread has gotten huge.
You are appreciated.

B Price
 
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