| Technical Analysis The technical discussion forum for traders. |
![]() | | Tweet | |
| | #9 | ||
![]() | Re: AHG Thread | ||
| |
|
| | #10 | ||
![]() | Re: AHG Thread Quote:
| ||
| |
|
| | #11 | ||
![]() | Re: AHG Thread Quote:
| ||
| |
|
| The Following 2 Users Say Thank You to BlowFish For This Useful Post: | ||
brownsfan019 (11-24-2009), TIKITRADER (11-24-2009) | ||
| | #12 | ||
![]() | Re: AHG Thread Quote:
| ||
| |
|
| | #13 | ||
![]() | Re: AHG Thread Quote:
06-11-08 : My initial goal with the journal was to help out newcomers. I believe I provided some ground rules and basic methods to get you on the right track, now I'm retired from the journal as I have taken the teachings more seriously and into a closed community. I took a group of hard working journal followers and expanded the method to such degree that it's now tough to go back and catch where I left here, even tougher and near impossible to allow new members, as we are several phases above this journal now, private forums, etc. Think AHG2, AHG2.5, AHG3 and beyond, no joke. ... The principles remain the same, highs, lows, trendlines, no indicators but we have added volume, specifically the teachings of Wyckoff to improve our accuracy. ... If there's anything extra I can post to help I think it's the fact that you should think of uptrends as resistances becoming supports and downtrends as supports becoming resistances. This is pretty much the golden rule for trend determination as several factors throughout the trading day, including volatility and low volume can produce what might seem like a LL in an uptrend or a HH in a downtrend. In the end, it all comes down to support and resistance, supply and demand around key pivotal levels and how price afffects what once was support and what once was resistance. Hope it helps and remember, nothing replaces screen time, it is by far the greatest tool. -------- 06-12-08 : The volume application we are implementing is making sure the trend is healthy by combining the beauty of price action of volume based charts and the critical volume definition of 1 minute based charts. Strongly suggest to study the work of Wyckoff in detail. For instance... In an uptrend you want expanding volume on the upside, decreasing volume on the downside. In a downtrend, you want expanding volume on the downside, decreasing volume on the upside. On top of that, we have implemented this on reversal formations, looking for volume divergence. First leg high volume, second leg much lower volume (buyers or sellers done exhausted). Last but not least stop run hunting to further improve our entries or scale outs. Little more complicated than the above but worth studying on your own. ... Last edited by R/R; 11-24-2009 at 01:00 PM. Reason: typo | ||
| |
|
| The Following 3 Users Say Thank You to R/R For This Useful Post: | ||
| | #14 | ||
![]() | Re: AHG Thread
__________________ "You have to recognize that every 'out front' maneuver is going to be lonely. If you feel entirely comfortable than you're not far ahead enough to do any good. That warm sense of everything going well is usually just the body temperature of the herd. Only if you're far ahead enough to be at risk do you have the chance to reap large rewards." | ||
| |
|
| The Following User Says Thank You to jonbig04 For This Useful Post: | ||
R/R (11-24-2009) | ||
| | #15 | ||
![]() | Re: AHG Thread ![]() http://www.el****rader.com/vb/attach...postid=2150214 | ||
| |
|
![]() |
| Thread Tools | Search this Thread |
| Display Modes | |
| |
| ∧ Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| iPhone Thread | Soultrader | General Discussion | 17 | 01-29-2009 01:47 PM |
| Learner Thread | icecool | Technical Analysis | 43 | 12-30-2008 02:19 PM |
| TL Joke Thread | mister ed | General Discussion | 19 | 08-15-2008 04:42 AM |
| Ban Users From A Thread | Soultrader | Announcements | 8 | 06-26-2008 11:57 AM |
| Way to skip to end of a thread? | brownsfan019 | Support Center | 4 | 07-12-2007 05:55 PM |