AUDJPY — Here is what happens with AUDJPY (post #308). Bearish Divergent Bars are too weak - there is almost no angle. Acceleration and Momentum are up. So for the moment there is not signs for reverse...

Profitunity (Chaos) Trading System by Bill Williams

OK Protei, First I'd like to confess I'm not a guru, neither I pretend to be. I cannot predict the future. As I said everyone trades setups he/she believes to see on chart Here I'll try to answer your question. I've commented what I see and my ...

Profitunity (Chaos) Trading System by Bill Williams

EURNZD Dbar setup is forming. Comments are available here.

Profitunity (Chaos) Trading System by Bill Williams

Hi tej 3AO are 3 green acceleration bars below zero on a down trend, or 3 red acceleration bars above zero on a up trend. This is a signal that trend is slowing and might turn around so it is used to enter in the opposite direction...

Profitunity (Chaos) Trading System by Bill Williams

yes, I do, but MAs are only to identify the trend, I've tried different periods and so far the results are pretty much the same. 55MA I use just for additional tool identifying the long trend, it might be ignored. On the real account I'm using 9/18 ...

The Veteran Floor Trader Method

Sample — Here is another sample that I'm sure will divide traders at leat into two groups. What should trader do next? Sell or Buy?

Profitunity (Chaos) Trading System by Bill Williams

Well Protei, I doubt anybody could answer your questions. Bill Williams few times underlined in his books that "every trader trades his own believs". On the same chart two traders see two different lanscapes and got different signals. I mentioned ...

Profitunity (Chaos) Trading System by Bill Williams

In general this setup seems suspicious to me nevetheless DBars seem valid... Look at the Alligator. I cound 35 session intertwining lines. This is anything but trend. It is obvious that market makes attemts to get out for thi balance state is not ...

Profitunity (Chaos) Trading System by Bill Williams

In brief: To have a Bearis divergent bar you need significant distance from lines (red) acute angle price to close inot the lower half of the bar Look at the chart we have all the three and sonn after the price is diving

Profitunity (Chaos) Trading System by Bill Williams

Probably you are right. This make sense.

Profitunity (Chaos) Trading System by Bill Williams

well - the answer is again - visually I use a natural swing point as a stop loss - but I have no rule saying "put it 10 pips below the Nth bar low" Generally I put it below current or previous bar's low. If I have to define a rule it will be ...

The Veteran Floor Trader Method

yes it is. I would enter on UF2 break. Generally - yes each signal have to be taken. But it depends on the timeframe you're trading. Smaller one will producw much more signals. If you have to take them - depends on lots of factors (one of them is ...

Profitunity (Chaos) Trading System by Bill Williams

Hi Ken Stop Loss - visually Take Profit - i do not determine How could to cut off where the move will stop and reverse? If lanscape seems suspicious for me I exit if stop loss is not hit yet. I use one level for all orders and move them together ...

The Veteran Floor Trader Method

Well tej, this chart has two major points that would make me to postpone trade. Alligator is intertwined - this means there is no trend at this point Divergent bars must be away from alligators lines So based to the above said I would either tighten ...

Profitunity (Chaos) Trading System by Bill Williams

Weekly result — This is the result from current week Total Trades: 150 Profit Trades (% of total): 80 (53.33%) Loss trades (% of total): 70 (46.67%) Profit Factor: 1.25

Profitunity (Chaos) Trading System by Bill Williams

I check and move stops (if necessary twice a day). Exit when stoploss hit ot manually. Usually I monitor often orders that are on negative territory. Once they become free (at least >= 0 /zero/ profit) I monitor them rare.

The Veteran Floor Trader Method

Well, whichever you want... One of my favorite is Chaos system... but you might name any other you think could be compatible. If there are other interested trader to give a try to this or other system - there might be other results to compare with... ...

The Veteran Floor Trader Method

No tiku I do not have target. To have one for me means to flatter myself that I'm capable to predict what will do the market. Stop loss I put "visually" - in general below the entry bar or its preceding bar which reduce my loss. I prefer to keep ...

The Veteran Floor Trader Method

Sure Josh, You're right. This is a trend following method and your post just approve that this is. I also share your concern. As in saying "it is too good to be true" I'm also too new to this and I'm just discovering how it works but: comparing ...

The Veteran Floor Trader Method

Statistics — These are some statistics from the demo acount Starting Balance - 1000 USD Trades from 25 June to 13 July total orders closed: 112 P/L $188.64 num losses: 54 num profit: 58 los% 48% prof% 52% In USD loss: -196.897 Profit: 380.7638 ...

The Veteran Floor Trader Method