- Search Crypto Craft
-
fxhermit replied Jan 21, 2009Fractalology — Yeah, if I remember correctly, William's says something to the effect that - fractals do not necessarily signal the end of a trend but all trends do end on a fractal - so if we can identify those significant fractals then we ...
Chaos Trading System
-
fxhermit replied Jan 20, 2009The times are a changin' — Just a quick up date. New support and resistance have come into the market (30 min chart). Guess where? A previous Fractal, of course. Old support has become current resistance. - classic. Trading rules as usual ...
Chaos Trading System
-
fxhermit replied Jan 20, 2009Closer look — ...and the 30 minute chart for entry and stop management. Nice how the methodology kinda does the wave counting for you, eh?
Chaos Trading System
-
fxhermit replied Jan 20, 2009A beautiful thing indeed. — Hi All, Hope that you have all been stuffing your live accounts this week. Impulse waves can be a thing of beauty and this one could be used as a textbook example. Just wanted to make a comment on how I go about ...
Chaos Trading System
-
fxhermit replied Jan 8, 200930 min 5 min — O.K. the charts illustrate what I mean. I guess they don't always happen this way but some obviously do and I suppose that is the "cost of doing business" and something to be aware of.
Slingshot-30 Min. PA System
-
fxhermit replied Jan 8, 2009Concern — I can see a bit of a concern with this method already...... As I was sitting and watching this current bar form, I noticed it become a valid entry. Within the first 15 minutes the bar dropped below the setup bar fullfilling the first ...
Slingshot-30 Min. PA System
-
fxhermit replied Jan 8, 2009I thought I was wrong once, but I was mistaken.
Advice Only. 1 Liners Concise.
-
fxhermit replied Jan 8, 2009"Stay calm, be brave, wait for the signs." - Jasper Friendly Bear
Advice Only. 1 Liners Concise.
-
fxhermit replied Jan 8, 20091 hr EUR — Hi all, Yup, I received an e-mail about this method as well. I usually trade the 1hr timeframe rather than the 30 minute so I just did a quick visual check going back just a few days (see attached chart). If you are fond of the ...
Slingshot-30 Min. PA System
-
fxhermit replied Nov 6, 2008Daily & 30 minute — Hi Starskovsky, Good questions, let me begin by posting a couple of charts. As you can see from the Daily chart, I have a preference for Zone trades (both AO and AC the same colour). It takes a little patience to wait ...
Chaos Trading System
-
fxhermit replied Nov 6, 20085ema — Early in the trade I will exit on a penetration. If the trade develops in my favour by a good amount then I am happy to back off a little and let a candle close above/below. Stop loss management is probably one of the most subjective ...
Chaos Trading System
-
fxhermit replied Nov 5, 2008as I was saying — As I was saying, it's easy enough to get stopped out in a ranging market (especially on a retest of a fractal break) but it was still good for 25 pips
. A break of the next Fractal would still be a valid entry (at least as ...Chaos Trading System
-
fxhermit replied Nov 5, 2008multiple timeframes — I usually only use lower timeframes (let's say 30 min) for timing my way into trades that favour what I see in the daily timeframe. This helps to reduce the initial stop loss and sometimes adds a few more pips to the ...
Chaos Trading System
-
fxhermit replied Nov 5, 2008ema — Hi Starskovsky, Nice to see you back. Hope you are getting well fast. If you are getting a part of the move then you are obviously doing well with your entries and initial stop loss. Have you tried adding a 5ema of the close offset into ...
Chaos Trading System
-
fxhermit replied Nov 4, 2008ABC? — Looks like we could be seeing that ABC correction in the Daily timeframe. Also has the potential of being a valid trend change althought the Alligator and AO indicate that the downtrend is still intact. There is also no divergence in ...
Chaos Trading System
-
fxhermit replied Nov 1, 2008Similarities — Hi Teb, Nice methodology! It reminds me somewhat of Bill Williams "Trading Chaos" approach to Fractal breakout trading, different moving averages of course, but similar in initail opening of a trade and subsequent add ons. ...
1.2.3. break bacis
-
fxhermit replied Oct 30, 2008More Balance line — The following chart gets a bit messy but I hope it illustrates the possible use of Balance line trading as a filter for dbar trading. Please be aware that as far as I know this is not Williams methodology that we are ...
Chaos Trading System
-
fxhermit replied Oct 30, 2008Balance line — Hi Starskovsky, Balance line trades as described in "New Trading Dimensions" can be a very effective technique especially when used within an impulse wave. They essentially get you into a trade at the pullback areas often at a ...
Chaos Trading System
-
fxhermit replied Oct 30, 2008Tight stops — Compare this chart to the previous and we have the reason why I like to be aggressive with my stops early on in a trade, especially on countertrend moves. They can often be more volatile than impulse moves. Still managed to take ...
Chaos Trading System
-
fxhermit replied Oct 29, 2008Stop loss — Early on in any trade, I like to be very agressive with my stop loss. Currently protecting about 70 pips and counting. Will begin to give it some breathing room from here. The active bar shown just triggered another fractal trade ...
Chaos Trading System