AHG - Profitable Strategy for Struggling Traders

Discussion in 'Journals' started by Anekdoten, Jul 19, 2007.

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  1. Just me, but on the first setup I attempt to get long where I circled in green. This is more popularly known as the 'Ross Hook'. This way my stop can be more tight as I can place it closer to the more logical locatin (underneath pivot).

    Also on the second picture, isn't the second entry (also known as confirmation entry in this play) supposed to be a close over the middle crest instead of a break over that last pivot high you have the dotted line sitting on??

    ~Cx
     
    #1671     Sep 18, 2007

  2. Yeah Jaxon. The circles were basically indication points where where the trends flipped over by finally taking out the last swing high // low of prior trend. Like I said, if most days traded like this, $$$ would be a giveaway. Not to mention the majority of those upmoves near end of session all pivoted down right back off the last swing making the entries even more solid.

    ~Cx
     
    #1672     Sep 18, 2007
  3. Np. The Ross Hook was just a brief alternative early entry mention for price traders to examine (perhaps for stronger setups if you like). I still like the HH - HL confirmations better.

    ~Cx
     
    #1673     Sep 18, 2007
  4. Rn86

    Rn86

    Cx, thank you for clarification.

    So, for the second picture - *DB in Uptrend* I ve placed a wrong level based on the first high, not a middle swing high, similar to the entry of *DB LOD*, will fix it.

    For the first picture, if you want to use Ross technique - rules for this specific pattern and entry must be explained. If it’s not genuine AHG that people like to follow in this thread I will do it as an alternative entry
     
    #1674     Sep 18, 2007
  5. Rn,

    On the first pattern, the entry is the first closing bar above previous high right after the second lower high.

    Anek

    PS: Mind not clear just in case :D
     
    #1675     Sep 18, 2007
  6. Cx, a trader.

    Enough said :D

    Anek
     
    #1676     Sep 18, 2007
  7. Rn,

    Thank you for the pattern illustration.

    Cx modified it correctly.

    Again, the stout influence could be a factor.

    Anek
     
    #1677     Sep 18, 2007
  8. Rn86

    Rn86

    did you mean "...right after the second Higher Low"?
     
    #1678     Sep 18, 2007
  9. Rn,

    Yes, here is in more specifics.

    Your marked area could be an add point if broken with a bar closing above it.

    Anek
     
    #1679     Sep 18, 2007
  10. Rn86

    Rn86

    You're very welcome, I m thinking by printing this easy to follow patterns and placing it near a monitor will be extremely helpful to *struggling traders* who wants to follow AHG.
     
    #1680     Sep 18, 2007
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