AHG - Profitable Strategy for Struggling Traders

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

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  1. AAA,

    One more thing.
    Today the Paintbars are showing complete inaccuracy in relation to previous days. Sounds like a bug.

    Also, lower Paintbars always show as really thin.
    Is there a setting you know of to expand them to the height of the pane?

    btw, I changed the script to show default fib levels.

    See attached.

    -Tech
     
    #2781     Oct 17, 2007
  2. AAA30

    AAA30

    Tech,

    I have not tested this out in real time so you will have to watch it to see if it is accurate. I appears that it calculates from the time you apply it so historical values may not be correct.

    To make the band larger select edit on the paint bar indicator and choose Show on Full background.

    AAA
     
    #2782     Oct 17, 2007
  3. Thanks AAA.

    Ironically, historical is accurate. Except for today.
    Thanks for your help.

    -Tech
     
    #2783     Oct 17, 2007
  4. JSSPMK

    JSSPMK

    Cheers mate, I'll give myself another 2-3 months before I consider taking it upto 6 lots.
     
    #2784     Oct 17, 2007
  5. 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
     
    #2785     Oct 17, 2007
  6. Razor

    Razor

    Cheers matey :D

    Go enjoy your much needed break from the madness of ET :D



     
    #2786     Oct 17, 2007
  7. JSSPMK

    JSSPMK

    Anek, thanks a million for your efforts.

    Since I am a keen indicator user I would like to ask you this:

    Why have you joined the cliche mob by calling indicators 'lagging' when I can dig out better fills (using an indicator) than you using price action only. I mean I know indicators are generally referred to as lagging, but come on man, you hurt my feelings :(
     
    #2787     Oct 17, 2007
  8. Thanks Anek. Truly an informative and well presented thread.

    You are a rare breed.

    Trvl
     
    #2788     Oct 17, 2007
  9. Thanks Anek

    You are a great Ajahn (buddhist word for a compassionate teacher).

    I had given up and I thought I will never be able to trade futures. You have given me a new hope.

    I have got Suri book as well and I am studying and practicing paper trading. I hope I will make some grade.

    Thanks so much
     
    #2789     Oct 18, 2007
  10. babe714

    babe714

    What an amazing journal and an even more amazing person .

    The lightbulb finally went on for me .

    Eagerly awaiting AHG2

    Thanks Anek.
     
    #2790     Oct 18, 2007
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