AHG - Profitable Strategy for Struggling Traders

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

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  1. Piscuy

    Piscuy

    One of the toughest things for me to digest. But agree, its great to not have a bias.


    P.

     
    #4951     Dec 3, 2007
  2. I have a question regarding your last statement. Are you saying that with a volume chart price deceleration can be seen when the height of the bars/candles decreases relative to the previous bars/candles? Thanks.
     
    #4952     Dec 3, 2007
  3. Thanks, I know what you mean. This is where talent enters or else many would be getting rich with automation.

    Choppy again today so far.
     
    #4953     Dec 3, 2007
  4. Piscuy

    Piscuy

    Anek just told me that he got a pm from someone asking for examples on the pivot to the short side. Here is an example of a trade on the NQ for this morning.

    P.
     
    #4954     Dec 3, 2007
  5. I think that's where trading experience comes in... I've seen the market go opposite good news/earnings/hype too many times :)

    Like Anek had said (I think) turn CNBC off!

    - and just as i wrote this news out that Chavez was denied his dictatorship and the SPYs crash lol, typical...

    i
     
    #4955     Dec 3, 2007
  6. nice tl breakout. missed that one but shorted magic tick
     
    #4956     Dec 3, 2007
  7. Charly

    Charly

    ""A more detailed example:

    There is a double top.

    The mid swing low is 2000.00

    A bar closes below 2000.00 at 1999.00

    Now I know what the magic tick is.

    The magic tick becomes 1998.75""
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Anek,

    did you explain that in depth somewhere -
    simply dont't find it.
    Thread is growing too fast :D obviously
    a very good signal

    Thanks
    Charly
     
    #4957     Dec 3, 2007
  8. Charly

    Charly

    ##################################
    Coincidence - just clicked page 818

    Is it that page or is there more somewhere.
    I don't know what a mid swing low (or high) is - shame on me.
    Hope someone will tell me.

    Thanks
    C
     
    #4958     Dec 3, 2007
  9. #4959     Dec 3, 2007
  10. Charly

    Charly

    #4960     Dec 3, 2007
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