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Bill Williams Profitunity Chaos Trading

  • #341
  • Oct 9, 2009 9:54am Oct 9, 2009 9:54am
Quoting Slight
Still short on gbpjpy. It has done pretty much nothing for the past 2 weeks, right now looking at +1124 pips if I get stopped out .. trend is probably not going to continue down much further for now ... we'll see.

nice 1 bro..i have been busy myself..in and there ...Hope everything is cool...sinner, steve and sight...cheers don
MY OPINION NOT FINANCIAL ADVISE
  • #342
  • Oct 12, 2009 1:35am Oct 12, 2009 1:35am
Hi don, much love everything cool.

Spent today trading U/J H1 during Tokyo. I have annotated a single chart with my trades. They are all normal BW Chaos signals following the rules. Was moving up SL with the gator lips but after we exit "the zone" I am moving up SL to each H1 candle low at the close. Taken 80% of the wave so far despite missing the first few green bars in Sydney.

First signal: fractal buy 89.91
Second signal: AO saucer buy 91.13
Third signal: two green AC bars above 0 91.13
Attached Image (click to enlarge)
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  • #343
  • Oct 12, 2009 2:46am Oct 12, 2009 2:46am
Exit longs at 90.37... +91 pips for the day, I love Chaos trading!
  • #344
  • Oct 13, 2009 12:00am Oct 13, 2009 12:00am
Hi guys,

U/J has been a bit rough today but I still managed to squeeze some pips so far during Tokyo.

I did not take this setup, but wanted to share it with you anyway to keep the signals ideas flowing.

Here we have a U/J M15 AO bull div. At the close of the first green AO bar place a buy stop 1 tick above the high of the bar with SL 1 tick below the low of the bar.

That is how you trade AO divergence aka "twin peaks buy signal" on low TF for scalping.
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  • #345
  • Oct 15, 2009 6:50pm Oct 15, 2009 6:50pm
Seriously guys, could the thread title be any more accurate?

Trading BW Chaos is EASY.

Step 1: Tokyo open, I look at the 4 majors as well as A/U. Look for pairs which have a good gator happening. I don't like USD/CHF because the gator is closed so ignore EUR/USD as well. That leaves GBP/USD, USD/JPY and AUD/USD with nice gators.

Step 2: Place buy stops.
GBP/USD: Buy fractal
AUD/USD: Buy fractal and saucer buy signal
USD/JPY: Buy fractal

Step 3: Go and do something else for an hour

Step 4: Profit. In this case, over 60 pips in less than an hour.

Step 5: Repeat step 2-4 again.
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  • #346
  • Oct 15, 2009 8:09pm Oct 15, 2009 8:09pm
Oops, I did forget a step. Each bar close, move your SL up with the gator. Lips or teeth is up to you. BW recommends lips if the pair is volatile (volatile defined as PA angulation > MA angulation) and teeth if not.

On G/U we have a saucer buy and the same bar has generated an AC "buy below the 0 line" trade, buy stop hit straight away on next bar open.

A/U gave another AC "buy above the 0 line" trade.

Only U/J is refusing to behave! That is why trading multiple pairs is important, to keep your equity curve smooth!

Roughly +90 pips floating P/L.
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  • #347
  • Oct 15, 2009 9:08pm Oct 15, 2009 9:08pm
Equity curve took a bit of a hit there, floating P/L down to roughly +45 pips. Remember guys, we do not worry about losing our equity curve, just move our SL up and keep trading consistently!
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  • #348
  • Oct 15, 2009 9:20pm Oct 15, 2009 9:20pm
Quoting sinner-
Equity curve took a bit of a hit there, floating P/L down to roughly +45 pips. Remember guys, we do not worry about losing our equity curve, just move our SL up and keep trading consistently!

thanks for your post bro...Keep it up...
MY OPINION NOT FINANCIAL ADVISE
  • #349
  • Oct 15, 2009 9:55pm Oct 15, 2009 9:55pm
Alright guys, I am exiting all positions here except for the U/J long which is still running and will either hit SL or go up finally. We can keep going but I will point out an "advance indicator" that is AUD/USD has had 5 bars in "the zone" so we should expect a retrace soon.

Total profit:
GBP/USD (2 lots): +150 pips
AUD/USD (3 lots): +80 pips
USD/JPY (1 lot): floating -12 pips (max risk 24 pips and moving SL up).

It is interesting to note just an hour ago we were only holding +45 pips floating P/L. Patience brings us new equity curve highs as is plainly obvious.

Excellent Friday trading, and we are done early, so we can enjoy the weekend! See you on Monday!
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  • #350
  • Oct 16, 2009 6:36am Oct 16, 2009 6:36am
Quoting sinner-
Seriously guys, could the thread title be any more accurate?

Trading BW Chaos is EASY.
I sort of agree. It's true if you understand the perspective your system gives you. If you know that percpective, trading is so much god damn fun

Here is some of my longer term trading stuff ...

gbpjpy closed with +1383 pips
eurgbp closed with +312 pips

currently active besides 4 others is oil, up +622 pts:
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The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #351
  • Oct 17, 2009 12:54pm Oct 17, 2009 12:54pm
I think that the consolidation period is over. Monthly chart shows "blue light special" signal for buy. Days - fractal BUY. But B/D/B and red zone.
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  • #352
  • Oct 21, 2009 12:14pm Oct 21, 2009 12:14pm
Quoting Nobleman
I think that the consolidation period is over. Monthly chart shows "blue light special" signal for buy. Days - fractal BUY. But B/D/B and red zone.

welcome ..first time seeing you...how is trading sir?
MY OPINION NOT FINANCIAL ADVISE
  • #353
  • Oct 21, 2009 6:09pm Oct 21, 2009 6:09pm
Hi guys,

When I first began to research this method I was taking some notes and here is some notes from FF member taxgeek which I found extremely useful.

"Wave 3 will always be the highest peak of the oscillator. In Wave 5 the oscillator is always divergent from price. During wave 4 the oscillator will pull back to or almost to the zero and cross to begin wave 5."

So today I tested this out and came up with some EW counts for your perusal:

U/J: Wave 5 of impulsive down move complete, we are now in corrective up move: wave A up to be followed by wave B down wave C up.
Attached Image (click to enlarge)
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G/J: Wave 1 of impulsive upmove was to 163. Wave A of corrective down move complete, we are now in wave B up (my random guess to 153.5) to be followed by wave C down (135 zone).
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E/U: We are in wave 5 of impulsive upmove, completed or soon to be completed. To be followed by corrective downmove, wave A down, wave B up, wave C down.
Attached Image (click to enlarge)
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For your benefit. Please share your thoughts.
  • #354
  • Oct 21, 2009 9:18pm Oct 21, 2009 9:18pm
Quoting sinner-
Hi guys,

When I first began to research this method I was taking some notes and here is some notes from FF member taxgeek which I found extremely useful.

"Wave 3 will always be the highest peak of the oscillator. In Wave 5 the oscillator is always divergent from price. During wave 4 the oscillator will pull back to or almost to the zero and cross to begin wave 5."

So today I tested this out and came up with some EW counts for your perusal:

U/J: Wave 5 of impulsive down move complete, we are now in corrective up move: wave A up to be followed...

i agreed with you, but i dont like to use elliot wave than to keep it simple so i added my own knowledge again 1-2-3HL law of chart, i think it's cool...maybe in future i will spend time to read EW..
thanks you guys for keeping it real.
MY OPINION NOT FINANCIAL ADVISE
  • #355
  • Oct 21, 2009 9:21pm Oct 21, 2009 9:21pm
Quoting donfriday
i agreed with you, but i dont like to use elliot wave than to keep it simple so i added my own knowledge again 1-2-3HL law of chart, i think it's cool...maybe in future i will spend time to read EW..
thanks you guys for keeping it real.
Hi don, I just wanted to test out the notes from taxgeek to see if it works, seems like it is very accurate!

But yes, not big on EW myself, will just use this as an additional directional tool. i.e. every few days go check the daily to confirm which wave we are currently in and trade only in that waves direction.
  • #356
  • Oct 21, 2009 9:30pm Oct 21, 2009 9:30pm
Long on ucad
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MY OPINION NOT FINANCIAL ADVISE
  • #357
  • Oct 22, 2009 5:27am Oct 22, 2009 5:27am
Sinner, this should be the way to trade. Posting your daily chart and check on which wave we are in. keep it up.
  • #358
  • Oct 22, 2009 7:19pm Oct 22, 2009 7:19pm
Quoting donfriday
i agreed with you, but i dont like to use elliot wave than to keep it simple so i added my own knowledge again 1-2-3HL law of chart, i think it's cool...maybe in future i will spend time to read EW..
thanks you guys for keeping it real.
1-2-3HL is just same as the corrective waves of EW (a-b-c)

http://www.benbest.com/business/elliot.gif
  • #359
  • Oct 23, 2009 4:46pm Oct 23, 2009 4:46pm
Quoting sinner-
Hi guys,
E/U: We are in wave 5 of impulsive upmove, completed or soon to be completed. To be followed by corrective downmove, wave A down, wave B up, wave C down.
Attachment


For your benefit. Please share your thoughts.
I'm not sure I agree with your count on the E/U. Mainly for the reason of the AO. The 4th wave is not nearly close enough to the 0 line (most of the time it has to fully cross).

I've attached a chart, and although the current count is actually the same as yours, the way we got there is actually different. This is one of the reasons I don't like EW, it's too subjective.

Attached Image (click to enlarge)
Click to Enlarge Name: waves.gif Size: 53 KB
  • #360
  • Nov 12, 2009 11:44pm Nov 12, 2009 11:44pm
Hmmm long time i check in here Guys...where have you bin...cheers Don
MY OPINION NOT FINANCIAL ADVISE
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