Trading Chaos (Second Edition) by Bill Williams and Justine Gregory-Williams

[dpaterso]

OK - well - here it is - the beginning of the Profitunity (Chaos) Trading System Thread.

Before I start I wish to state that I think that it would be only fair that you take $50 or $60 out of your first profit from this system and actually buy the book. Aside from the system itself the authors' insight into the markets and the psychology of trading are priceless. This is NOT an advertisement - I just think it would be the right thing to do. Just my opinion and entirely up to you.

I'm just going to 'dive in' here.

AUDUSD - Weekly Chart (attached).

Bearish Divergent Bar has appeared.

Place a Sell Stop Order 'a few' ticks below the low of the Bearish Divergent Bar (although at this point you would already have been in the trade because you will see on the current bar that the price has already moved down enough to have triggered your stop order).

Set your initial Stop Loss at the high of the Bearish Divergent Bar.

Indicators we will use:

Alligator
Fractals
Awesome Oscillator

Let's go!

Regards,

Dale.

P.S. If this works for you I also want some of those 'star rating' thingy's - been trying for months!!!