The Essentials of Trading: Emotions, Risk Mgt, Price.
Bill Williams Profitunity Chaos Trading 445 replies
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Trading in the Zone advanced indicator (Trading Chaos by Bill Williams) 12 replies
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Dislikedabove the last or second last fractal - while this depends on the circumstances on every trade - there is no definite answer, you could also trail your stop or exit at the green trendline.
when entering on a bdb you place it right at the opposite end of that bdb.Ignored
DislikedTrading Chaos 1st edition is an older version of the methodology used by Bill Williams. I suggest you get hold of the newest edition Trading Chaos 2nd edition. There you have a complete description of the methodology, its indicators and how to use them all (including settings).
What you are talking about is another indicator, I think the MFI, which Bill Williams doesn't use anymore, as he states in his latest book.
The first book, the one you are reading, is really only good for counting Elliott Waves. The strategy you better get from the latest...Ignored
DislikedI guess i do not have very good luke, i am not able to get the chaos secound edition book because i am from Costa Rica en Amazon do not delivers books to Costa Rica. I try some other places unsuccesfuly.
The first book i downloaded in a FDF formatt "ebook" but this one i am not able to find it.
Can you please tell me if there is a way of somehow i can get that book? Thank you.Ignored
DislikedHm I suppose you could try to ask Bill Williams himself and explain your situation to him. You can get in touch with him over profitunity.com
Other than that I don't know what you could do if Amazon doesn't send the book to your country.Ignored
DislikedI should try that!!
Before i do that, i found this linke and I dont know if this link has the lates version of the system, can you please take a look at it and let me know??
Thank you for all your help.Ignored
DislikedNice link - it will tell you all you need to know. Just only use from the right menu the links to "Bill Williams' Alligator", "Fractal as the first market Dimension" and "Awesome Oscillator - AO" .. the rest of the links I dont know about and nothing is said about them in the 2nd book.
If you lack information these categories provide you, go to the beginning of this thread and combine the instructions there with what you read at your link.Ignored
DislikedI've never heard of that rule. For stops at the beginning with a smaller account you can use the last fractal or the 2nd last fractal. You can also trail it by 5 bars.Ignored
DislikedYou should really read the book. It clears all of that up and more.
There is no profit taking with this method. You ride the trend and exit at the green line or wait until you get stopped out.Ignored
DislikedMy advice is that you read all of Bill Williams books there is so much to learn from him.
I was able to find Trading Chaos 1 and New trading Dimensions on emule and I purchased Trading Chaos 2 from Amazon. All of them were worth reading. On emule I even found a video of one of Bill Williams seminars.
If you only want to read one book though, Trading Chaos 2 is the most resent and it covers some what you will find in both of his first two books.Ignored
DislikedHello traders,
I recently found out chaos system and read the books about it (by Bill Williams). I was convinced by the reading I tried the system for a while...
I seems worthable for me and I didn't find discussions here about this trading system and here it is:
Profitunity System
On the chart apply following tools
Alligator - Three SMAs (13/8/5) with a future offset of 8/5/3 respactively.
Fractals - 5 bars sequence where middle one has highest High / lowest Low and its preceded...Ignored