Hope you have a great time with the fam Anek! I hope the rest of you guys will continue to post your charts, etc. I look forward reading this thread everyday...
Here is a chart I have been meaning to post. SPY chart, price action should be fairly similar to NQ, down. What I wanted to point out is this 60 minute triple or double bottom ( I will let you decide that). SocGen unwinds over holiday scaring the shit out of even the best traders (that would not be me). Declining 60 minute trendline, decline steepens as we get near a bottom then voila a double bottom and we are up alot from $126.00. When markets are forming even a short term bottom you have to be very careful with keeping stops tight, mental execution etc. This is an important double bottom for the market if if holds then off to the races. Good trading. ps. the holy grail macd sell highlighted , goes under the zero line never to return.
Anek & Piscuy, Per your request on IRC, please find attached the HL OHMLC eld located at www.kreslik.com at the following link: http://kreslik.com/forums/viewtopic.php?t=145&highlight=troohmlc hwk
AHG Chat Log Anek is on vacation, so no comments by him. I'll gauge the download interest to see if I should continue or not, until he returns.
I am one helluva trader looking at the chart after the trading day is over.................It's so easy !!! I see all the great entries, perfect exits, and the dollars just keep adding up. Trading real-time on the other hand I am screwing it up royally. I short when I should buy, I buy when I should short. I take profits too early. When I look over my trades at the end of the day I can not even believe I placed them. 75% of them are the complete opposite of what I should have done. I don't know if I'm possessed, mentally unstable, or what. Anyone gotten over this hurdle yet? (Anyway today was the last day of this crap. Tomorrow and everyday after I'm doing it right).
We all went through that phase. It's just a phase. Just keep at it and slowly things will start coming together. Just keep in mind that no one can get perfect entries and perfect exits all the time so don't sit there and shoot for perfection. Best of luck to you. YoungOne
Mac Slow down and trade only your setups even if that means only trading once or twice for the whole day Write down your plan and execute your orders according to that plan. No changing mid stream to be "in on the action". Start trading by following the rules till they become second nature, then you can increase the frequency of your trades as they come along. We are reacting to price not predicting where it should go or when or how far. Use the anchor chart for the bias and only trade the entry in the direction of the bias until you have mastered it then move onto more advanced plays. First things first trade with the trend with good r:r.
I have tried AHG style trading (paper trading). I have tried now for 3-4 months. I get tired and exhausted . Cant keep the concentration and feel drained out. Feel sleepy as well. I have accepted that maybe I am not suited for day trading. Too much demanding for me. I would like to give it a try to trade keeping position open from few days to 1-2 weeks. Still using AHG style. Can this be done? Please give me some guidance-anybody who is doing this way or has some experience how this way can be done. I am mostly trying NQ, ESTX50 and Z (FTSE100) All help much appreciated. If I can trade a bit longer term, quality of my life will improve much and I can do lots of other interesting things. Thanks again