Chaos | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Profitunity (Chaos) Trading System by Bill Williams 1,653 replies

Trading Chaos? 27 replies

Platforms w/ 'Chaos Awesome Oscillator'? 7 replies

Chaos TP Switching (in opened position) 10 replies

Looking For Chaos Fratal Indicator 2 replies

Attachments: Chaos
Exit Attachments

Chaos

  • Poll

  • Which time frame do you use for Chaos trading?
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  • #1
  • First Post: Sep 30, 2007 2:21am Sep 30, 2007 2:21am
This thread is for discussion concerning Chaos tragin method usage (Chaos tragin method is explained here).

I believe that deviding system description from system usage will keep the threads easier to follow for new readers and interested traders.

Please feel free to post your charts and comments about them here.
Please do not add postings aside from this particular topic - I'm sure for each oppinion there is a suitable place in this site.
  • #2
  • Sep 30, 2007 3:09am Sep 30, 2007 3:09am
Isto, could you please post here what are these wisemans, and how can i use them.....

As i understand... wiseman1 is Dbar, Wiseman2 is 3AO, and Wiseman3 is a fractal after Wiseman1 and Wiseman2?
  • #3
  • Sep 30, 2007 9:54am Sep 30, 2007 9:54am
Quoting Protei
Isto, could you please post here what are these wisemans, and how can i use them.....

As i understand... wiseman1 is Dbar, Wiseman2 is 3AO, and Wiseman3 is a fractal after Wiseman1 and Wiseman2?
you've understood correct. These are the same signals under new names (more attractive?).

 

  1. DBar is 1st - open 1 contract
  2. 3AO is 2nd - open 5 contracts
  3. Fractal is 3rd - open 3-4 contracts.


I found some quotation stating to open different number of contracts, but the idea is the same...

  • #4
  • Sep 30, 2007 12:01pm Sep 30, 2007 12:01pm
Isto, do you have any ideas when i should close position? after 3AO signal appeared in opposite side and it was triggered?
  • #5
  • Sep 30, 2007 12:06pm Sep 30, 2007 12:06pm
The main problem of this system is where i should put stop loss. I tried to use formation consist of 2 fractals.... as Williams wrote... but on side moves it doesnt work...
  • #6
  • Sep 30, 2007 1:16pm Sep 30, 2007 1:16pm
Quoting Protei
The main problem of this system is where i should put stop loss. I tried to use formation consist of 2 fractals.... as Williams wrote... but on side moves it doesnt work...
Well - hard to answer - each trader has its own opinion I guess...

As for me, lately I tend to keep stops tight because it seems to me that if I give any room to the price to fluctuate, it hits stops most of the times

This is why I preffer tight stops. This is the other side of the coin - sometimes I have to re-enter same position several times...
But for the moment it turns out that if the move continues usually losses are well covered.
  • #7
  • Edited 3:29pm Sep 30, 2007 3:00pm | Edited 3:29pm
Quoting Protei
The main problem of this system is where i should put stop loss. I tried to use formation consist of 2 fractals.... as Williams wrote... but on side moves it doesnt work...
This is a trailing stop I use and it seems to work well to keep me out of trouble and provides fairly good exits as well. Give it a try if you think its for you.

The idea is that you count back three bars and place a stop at the bottom of the lowest of the three bars if long (top of highest of the three bars if short). The trick is that when you are counting the bars you do not count the bars that are "inside bars" (an inside bar is any bar that is equal to or engulfed by the previous bar). See the illustration below.
Attached Image
Could it be Man is trying to be something without knowing they're complete?
  • #8
  • Oct 1, 2007 2:59am Oct 1, 2007 2:59am
Numb3rs, Thanks a lot... i will try... my 5 cents is that i usually close profitable position when i think thats enough profit for me... also usually works well... like today i made 3% for 1 hour.. i think its enough
  • #9
  • Oct 1, 2007 4:10am Oct 1, 2007 4:10am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Can anyone give me the definition of "Chaotic Trading"??.... I'm scatching my head here....

:
"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #10
  • Oct 1, 2007 11:01am Oct 1, 2007 11:01am
Quoting CWH
Can anyone give me the definition of "Chaotic Trading"??.... I'm scatching my head here....

:
Try here -> Chaos method
  • #11
  • Oct 1, 2007 11:32am Oct 1, 2007 11:32am
Post transfered from (Profitunity (Chaos) Trading System by Bill Williams) Thread.

Quote:
Originally Posted by dlftrader http://www.forexfactory.com/images/buttons/viewpost.gif
Food for Thought:
I require that the new low be lower than the two previous fractal lows, and that the new high be higher than the two previous fractal highs. In addition, I usually will require that the current trend extreme be at least a 62% retracement of the previous swing in the opposite direction (I am more comfortable when the retracement exceeds 76.4%).
...\larry.bye

Thank you dlftrader. I was thinking of using fibo levels to spot counter trend setups or continuations and your post helps to conferm my thoughts. The part on fractal high/low is an excellent idea. I will give it a try.
__________________
Could it be Man is trying to be something without knowing they're complete?
  • #12
  • Oct 1, 2007 1:37pm Oct 1, 2007 1:37pm
Here is the GBPJPY Daily setup formed today.

Alligator shows price is out of rnage.
Bunch of up fractals are broken.
Acceleration is up for last three sessions.

Let see

Comments are highly appreciated
Attached Image
  • #13
  • Oct 1, 2007 10:15pm Oct 1, 2007 10:15pm
This is something I have not seen mentioned yet and it may be one of the most important parts of trading chaos.

In Trading Chaos II it says that we need to work on our psychological part of trading by the use of Autogenics and Morning Pages or some other form of mind training.

I was just wondering if any of you out there have been doing this and if so could you post on how it is helping you.

I am learning about the use of Binaural beats to help me with controling my thoughts. You can run a search to find out more about it. So far I have tried it for a few days now and it definately seems to colm me down.
Could it be Man is trying to be something without knowing they're complete?
  • #14
  • Edited Oct 2, 2007 1:10pm Oct 1, 2007 11:29pm | Edited Oct 2, 2007 1:10pm
Isto i think you simply should go long.. thats all

Numb3rs, well, i also use some mind training. Before stock market opens, i say these words: I trade only by signals, i dont look on cash and also i dont care how fast price moves i wount enter without signal Thats all.... it really helps, because before i made so crazy things, like buying or selling without signals, especially on sidemoving... and making on it about -3%.... that was reduculous.
  • #15
  • Oct 4, 2007 8:38am Oct 4, 2007 8:38am
Quoting isto
you've understood correct. These are the same signals under new names (more attractive?).

  1. DBar is 1st - open 1 contract
  2. 3AO is 2nd - open 5 contracts
  3. Fractal is 3rd - open 3-4 contracts.

I found some quotation stating to open different number of contracts, but the idea is the same...

Hi,
I'm new to chaos,
I understand the W1 and W2 but W3 is still blur2..
can u give some illustrated img to describe w3?
thanks
  • #16
  • Oct 5, 2007 4:10am Oct 5, 2007 4:10am
Quoting gmos
Hi,
I'm new to chaos,
I understand the W1 and W2 but W3 is still blur2..
can u give some illustrated img to describe w3?
thanks
It is just a fractal - look on any of the charts above - these are small triangles above and below some of the bars.

What you cannot understand?
  • #17
  • Oct 10, 2007 10:18pm Oct 10, 2007 10:18pm
Quoting isto
It is just a fractal - look on any of the charts above - these are small triangles above and below some of the bars.

What you cannot understand?
Ok I know its a fractal,but where to put the pending order?on the factral price level it self?
  • #18
  • Oct 11, 2007 8:47am Oct 11, 2007 8:47am
hello, can someone pls post the link to Trading Chaos II here pls? i wan to see what wiseman is all about.
  • #19
  • Oct 12, 2007 6:05am Oct 12, 2007 6:05am
Quoting woopypooky
hello, can someone pls post the link to Trading Chaos II here pls? i wan to see what wiseman is all about.
I didn't find any so far. Would be great if somebody discover it somewhere
  • #20
  • Oct 12, 2007 6:07am Oct 12, 2007 6:07am
Quoting gmos
Ok I know its a fractal,but where to put the pending order?on the factral price level it self?
Some pips above (for buy) or below (for sell)
0 traders viewing now