Yeah, although now with the uptrend line broken, I'll have to put any bullish thoughts on hold...still a strong break up over 2103 in the last hour could be tradable...we've been awfully choppy for the past few hours, I've just been on the sidelines.
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AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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Yeah, although now with the uptrend line broken, I'll have to put any bullish thoughts on hold...still a strong break up over 2103 in the last hour could be tradable...we've been awfully choppy for the past few hours, I've just been on the sidelines.
filled 2093.50 and 2092 short. Stopped out on both at 2093.50 Probably too aggressive moving my stop to BE as usual.
BE on 1st, -1.50 on second.
Won't be able to stick around for the close, but here are my charts from the Am session and PM session. I need some criticism and advice to make this method work for me. Didn't want take up people's time doing this and asking questions as I believe the information is all in the journal, but I seem to have a lot of trouble making this method work for me. I believe a lot of my problem is having too tight of stops. Any criticism welcome.
-2.00 NQ points for the day.
I'll be back in a few hours. Have a good close.
BE on 1st, -1.50 on second.
Won't be able to stick around for the close, but here are my charts from the Am session and PM session. I need some criticism and advice to make this method work for me. Didn't want take up people's time doing this and asking questions as I believe the information is all in the journal, but I seem to have a lot of trouble making this method work for me. I believe a lot of my problem is having too tight of stops. Any criticism welcome.
-2.00 NQ points for the day.
I'll be back in a few hours. Have a good close.
Attachments
PM session chart.
Here are some reasons for the trades, starting with the first in the AM session, and continuing to the PM session:
1) seemed like a 50% pullback from the last HH, was looking at a micro level and missed the real 50% pullback
2) 50% pullback and bounce off TL. Stop above a higher fib level, or ready to close out if bar closes above TL
3) double bottom. had orders out there to get long if it broke above the TL. Also had orders a few ticks below the last support to get short. Short stops got hit, then it reversed and took my out at my stop loss, since I was going for a 1:1 r/r ratio between my stop and my target which was the pivot point of the day. stopped me out to the tick.
4) saw a mini double bottom. didn't want to go long on a break of the middle swing as i wanted more confirmation. waited until break of short term TL, and medium term TL. Soon after my entry it came back down.
5) tried getting long when DB + trendline break pulled back to trendline. Anek has mentioned this as a low risk entry before I believe. Started working, then out at BE.
6) Somesignificant resistance below the DB and other stuff. Thought it might be interesting to try a breakout of that. Interesting trades give me BE like this one, or worse.
7) Seemed like a triagle, or W bottom. Either way called for getting long above the last swing, so I did. I expected significant momentum on this, but just seemed to get a small little pop from retail buy stops like mine going off before it came back down. Should have taken a smaller loss as I believe the "reason" for getting in this trade was negated much before I took my stop loss.
8) Breakdown of triagle. Moved stop to BE too quickly. i play for too small of moves. Grr.
Here are some reasons for the trades, starting with the first in the AM session, and continuing to the PM session:
1) seemed like a 50% pullback from the last HH, was looking at a micro level and missed the real 50% pullback
2) 50% pullback and bounce off TL. Stop above a higher fib level, or ready to close out if bar closes above TL
3) double bottom. had orders out there to get long if it broke above the TL. Also had orders a few ticks below the last support to get short. Short stops got hit, then it reversed and took my out at my stop loss, since I was going for a 1:1 r/r ratio between my stop and my target which was the pivot point of the day. stopped me out to the tick.
4) saw a mini double bottom. didn't want to go long on a break of the middle swing as i wanted more confirmation. waited until break of short term TL, and medium term TL. Soon after my entry it came back down.
5) tried getting long when DB + trendline break pulled back to trendline. Anek has mentioned this as a low risk entry before I believe. Started working, then out at BE.
6) Somesignificant resistance below the DB and other stuff. Thought it might be interesting to try a breakout of that. Interesting trades give me BE like this one, or worse.
7) Seemed like a triagle, or W bottom. Either way called for getting long above the last swing, so I did. I expected significant momentum on this, but just seemed to get a small little pop from retail buy stops like mine going off before it came back down. Should have taken a smaller loss as I believe the "reason" for getting in this trade was negated much before I took my stop loss.
8) Breakdown of triagle. Moved stop to BE too quickly. i play for too small of moves. Grr.
Attachments
Quote from Piscuy:
It marks pivots a couple of bars after the fact?
P.
Yes, I like the way it moves the pivots though...does a really good job. The signals it gives are based on something else though...pretty close to figuring it out. I have enjoyed every penny I spend on it...very worth it for me.
RED
Can anyone post today's ES and NQ charts with modified Heiken Ashi indicator (using the indicator Anek posted sometime earlier).
If anyone has this indicator for Ninja,please post it.
Thanks
DT
If anyone has this indicator for Ninja,please post it.
Thanks
DT
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