Current sate of EURUSD at beginning of European session (post #201) is available here together with summarazation of previous comments.

Profitunity (Chaos) Trading System by Bill Williams

Beginning of chapter 6

Profitunity (Chaos) Trading System by Bill Williams

Hi Dale Here I quote the "New Trading Dimentions" book because I like its simple and clear definitons. "A buy signal is created when there are two consecutive histogram bars with higher highs than the most recent lowest low (a down peak). ...

Profitunity (Chaos) Trading System by Bill Williams

Correct No, you have four (4) consecutive bars. Correct At this point you could ad buy orders because you are in the Green Zone - i.e. both AO and AC are green Bill recommends adding order on session's close, i.e. you have to place your order(s) ...

Profitunity (Chaos) Trading System by Bill Williams

Hi Dale, This remind me something I've red (unfortunately I don't remeber where...) It was a quotation of a famous trader and it was something like: "... I've got the bigest profit when I was sitting in my chair and didn't move..." in other words ...

Profitunity (Chaos) Trading System by Bill Williams

False signals — Here's a sample of possible false signal. What we currently have is General down trend Bullish Fractal Three Bearish Divergent Bars with not so acute abgle as it should be 68 Fibo level touched 38 retracemtn almost touched ...

Profitunity (Chaos) Trading System by Bill Williams

I'm not so fast as I would to be

Profitunity (Chaos) Trading System by Bill Williams

No fractal cannot disapear once created. This means that you have at least 5 consecutive bars (may be more) and one of them has highest high or lowest low from the group. So until 5th bar is not compleated we cannot be sure that the fractal is ...

Profitunity (Chaos) Trading System by Bill Williams

Hi Dale I do not consider signals and market as two different things, so generally formation of a fractal is always forming one or more Balance Line signals. I'll try to explain - let's suppose that: market is in up trend price is above Allegator's ...

Profitunity (Chaos) Trading System by Bill Williams

Thank you Larry. What you said is true. For me, I see two possible ways of acctions concerning false signals - when AO does not support the move and lines are too close to determine the trend. An entery using large stops which will allow price to ...

Profitunity (Chaos) Trading System by Bill Williams

Thank you Dale. The only thing I'd like to add is that from my point of view, using Balance Line entry (which is just the opposite of the fractal) will reduce somehow the waiting time

Profitunity (Chaos) Trading System by Bill Williams

Hello Dale thanks for sharing your point of view. Would you please rearrange your chart adding arrows showing buy/sell entry points, stoploss and exit points. thanks

Profitunity (Chaos) Trading System by Bill Williams

EURUSD - where are you going? — New Bearish Divergent Bar is formed today. The angle is closing and becomes less and less acute. There is still an option to make some retrace (probable retrace levels are marked in red) Keep your eyes open for ...

Profitunity (Chaos) Trading System by Bill Williams

This is the end of Bullish Divergent Bar trade on EURUSD H4 today. (Read beginning of the story here, here and here) Date Signal Price SL P/L $ lots: 15.6.2007 16:00 F 1.3344 1.3399 0.0055 550 1 15.6.2007 20:37 Z 1.3386 1.3399 0.0013 130 1 18.6.2007 ...

Profitunity (Chaos) Trading System by Bill Williams

EURUSD at the US session — Bearish Divergent bar described on post #185 has been completely blown out. Development of the trade is available here.

Profitunity (Chaos) Trading System by Bill Williams

EURUSD new Bearish DBar setup — After the nice trade EURUSD offered on Friday (look here), today it offers a new Bearish Divergent Bar setup - read more here Another interested setup has been formed on ERUCAD H4 chart, but similar though it is ...

Profitunity (Chaos) Trading System by Bill Williams

Hi sierra, well stop positioning is another complicated stuff - it depensds on lot's of factors... I use few diffenet stop loss placing rules. Generaly I put them away so as to avoid accident hits. I use them as a last firewall, i.e. I prefer to ...

Profitunity (Chaos) Trading System by Bill Williams

Right - original version is buy fractal is valid when the price at the moment it is taken is above the red line. (Quote is by heart and is not exact...) But... If you browse your charts you certanly will note that there are as many false buy ...

Profitunity (Chaos) Trading System by Bill Williams

I have a demo and a real account. Demo I'm using to test alterations in the system and is more friquently used On the real I'm using less agressive methods. There are profitable periods and losses of caurse. Both are on the positive site for last ...

Profitunity (Chaos) Trading System by Bill Williams

EURUSD - up or down — The bellow is the trade of H4 EURUSD ended with a nice profit. Explanations are here. Date Signal Price SL P/L P/L$ lots: 07.6.2007 17:08 F 1.3459 1.3306 0.0153 1530 1 07.6.2007 09:34 Z 1.3414 1.3306 0.0108 1080 1 ...

Profitunity (Chaos) Trading System by Bill Williams