Anek's last post of his thread:
10-17-07 04:08 PM
Conclusion of Phase I
You will find many pieces of the puzzle on this chart.
Please notice the following AHG key elements at work:
- The engulfing paintbars for entries and exits when riding meaningful trends although plenty of examples are scattered in the journal in this area
- Unnecessary large stops, the option of re-entering
- Meaningful Patterns
- Pattern failures
- Reversal Pattern confirmation
- Trendlines at work to help you stay with the trend and knowing when it might be over
- The magic "tick" confirmation after the breakout closing bar when a pattern forms
- The powerful synergy between macro and micro charts, knowledge of key areas
- The complete elimination of lagging indicators
- Comparison of narrow range (yesterday) and wide (today), more volatility is good for traders
- Market E-Motion lines for measuring strength of the trend and possible targets plus areas of congestion, highly powerful stuff. A swiss army knife, learn this tool well.
I feel Phase I of AHG is complete.
Feel free to discuss the tasks and methods at hand among you all. I will now take a much needed rest and when the time is right for me, I will return for Phase II.
If I'm forgetting something I'm sure it's somewhere in the journal.
Screen time and practice should be the priority now along with avoiding the root of all evil, the chop.
Until the next time.
(to be continued)
Anek
To me, it looks like he was ending this particular thread no matter what.
Crying over the end of the thread will do no good.
Link to the start of his thread:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283&perpage=6&pagenumber=1
Link to the post above with his last chart on page 465:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=99283&perpage=6&pagenumber=465