AHG - Profitable Strategy for Struggling Traders

Two time frames. One for entry one to notice if price is anywhere near a meaningful support, resistance area or if its consolidating hinting that the moves will be small or perhaps escaping out of a triangle formation. The anchor chart is very important, the entry chart is just for fine tuning the entries, for that you can use 2500 or 5000 depending on high volume is on that particular day.

For entries try to look for engulfing candles around the trendlines. Even if its an uptrend you still want to buy low and if downtrend you still want to short high. Start with a predetermined stop and target in mind at first, shoot for bigger reward than risk or you won't like your PL at the end of the week.

Patience is extremely important, good trades don't pop every 30 seconds. If you find 3-4 in a day you are doing above average.

Anek

 

You are attacked because you are teaching just about how to do everything right, for free.

This interferes with ======>

Snake Oil Sponsors. Successful traders that did not have the luxury of someone to hold their hands in the early stages. Jealousy. Skepticism created by typical human behavior and selfish traders.

What you are doing here is just plain old rare.

Hopefully no one has placed a reward for your head yet.

VZ

 

Can anyone recommend charting software that allows my to build volume charts and paint the bars like Anek does?

So you need Volume Bars and Home Built Indicators (for the paint bars and that neat pivot h/l indicator).

Thoughts?


B

 

Anek: Thank you for your prompt reply. Much appreciated. Notwithstanding the core AHG entry (2HH etc), I notice you take many entries on a break of the TL with the so-called "magic tick". Obviously, this is something u can do with your experience before the standard trend is established based on the 2HH, 2LL definition. What do u look at regarding price action which gives you greater confidence entering on a TL break before the pure trend swing points are printed? Thanks.

 

Official AHG Polls

A) AHG Helps

B) AHG Harms

Three rules.

One vote per user.

Each user must have a minumum of 10 posts.

Each vote should be placed on my journal.

I encourage old timers of ET forums to participate.

Until I have 100 votes total, I will stop posting on my journal to advocate the voting.

Anek

 

Anek: I vote A. Altho I haven't posted very much I have read the thread twice thru and have adapted it for trading. It works!

 

hey anek...it's hard being a nice guy huh?

Keep it up and don't let the haters get to you.

btw...if you're a fake, you're doing a great job too.

so either way, you're good!

 

Anek, please don't feed the trolls. It just detracts from the thread. Let people vote by either participating positively in the thread or post elsewhere in ET - there are certainly many other places to spew negativity.

 

Best thread ever on ET