Hey Raz, I think you owe Anek a beer. Plus we all know you can afford it Very impressive month for you dude, keep it up !
He will only get better as his skills increase. Don't forget he had a few days of going against the trend too. Anek
Thanks Pax that helps. I've actually been reading a lot in my down time. For other noobs out there I recommend checking out the site stockcharts.com they have a section called chart school and very detailed explanations. Also they explain all of the important TA tools very nicely, so far all of the info I've needed has been free from their site. Have a great weekend guys.
I agree with this 100%, trust me I have tried just about all of them over the many years I have been at this and having zippo on my charts has always given me my best results....just my 2 cents....
Shorting on sideways consolidation or shorting a slight pullback on moderate Vol. in a very strong HH HL uptrend will be one quick way to the poor house !!! You might want to go back and reread this Thread from the beginning. You will surely blow your account out in no time trying to counter trend trade !! Keep it simple
Thought this doc might be helpful, been posted many times on ET. This is one of the first things I read when I was introduced to futures years ago. Very similar to AHG method. http://www.trading-naked.com/FloorTraderMethod.htm
i had been o that side quite often but had never gne into detail. that guy has some specific setups ..like 9/20 ema crossover based on price action. we can follow what anek is doing but for a further confirmation use some of the setup...have you back tested his setup are they good enough..... AHG has shown me a whole new direction ...but still i am long way to go..i can figure ot my entries and stop that well as anek does...probably will need time