Quote from jack411:
When A talks about "first wave is for newbies"
The following was posted by anek in chat logs... do not have jpg saved to disk - http://i29.tinypic.com/25ey0b6.jpg
hope it helps...
Quote from jack411:
When A talks about "first wave is for newbies"
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Quote from hwkaiser:
What many fail to grasp, is that the principles that Anek has shared "AHG" goes far beyond the mechanics of trading a particular market, instrument, security etc...
The core of AHG are the principles of Discipline, Psychology, Risk and Money Management, which in my humble opinion transcends across all markets....
Market structure (HH,HL,LL,LH), trend lines, support/resistance, pivots, key areas of interest, patterns, confirmation, etc... are the tools used to identify Market Sentiment and exploit accordingly.
It is true that the market is dynamic, and that each marget segment, instrument, security etc... has its own traits and characteristics. One must familiarize him/herself with these peculiarities and adapt as appropriate. The tools may change and adjustments made, however, the basic principles remain steadfast....
Hence, imho the essence of AHG can be applied to any liquid market...
Prepare well, plan well, trade well, be well...
hwk
No offense taken nor intended...Quote from Charly:
YES and NO.
have a 2nd look at the chart you posted somewhat later.
NO offense - but there is more to the markets than just HH,LL etc. IMHO.
Post #2 was in reply to a request for a graphical example of the second wave or test of a pivot/ Trend line break...and was not related to nor intended to "support" my previous statement.The core of AHG are the principles of Discipline, Psychology, Risk and Money Management, which in my humble opinion transcends across all markets....
Quote from hwkaiser:
The following was posted by anek in chat logs... do not have jpg saved to disk - http://i29.tinypic.com/25ey0b6.jpg
hope it helps...
Quote from majikman1:
Could someone please tell me what they think is a good way to figure the next days pivots or a way to figure pivots on a 133 tick and 233 tick es chart? Mine don't seem to be working on that time frame. After reading about 300 pages here in this forum I have learned that that price is king and that Anek says the pivots are one of his must haves so any nelp would be appreciated.
Thanks,
Majik
Quote from jack411:Here is another picture I found. Was/is there a chart that explains this?