Joe Bugner dies aged 75: Tributes to former heavyweight boxing champion and two-time Muhammad Ali challenger

At this scale you are waiting for the alligator moving against theday signal. With the naked eye you can see that prices do not movein a straight line but rather in peaks and troughs. Accordingto Williams, when these three moving averages are twisted together, it meansthe alligator indicator rests, and so we also rest. So when the alligator awakes after agood, long rest it is very hungry to hunt for food. The default settings for the Alligator Indicator are 13 (jaw), 8 (teeth), and 5 (lips) with shifts of 8, 5, and 3 periods respectively.

Joe Bugner, who fought 83 times as a professional, has died at the age of 75

P.S. If you aren’t a believer in an indicator-based strategy, check out our price action pin bar strategy. These basic fractal trading techniques should lead you in the right direction if you have been searching for a great strategy to use alligator indicator trading system with these indicators. There are many different strategies you can use with these indicators, but in our experience, we like this combination of the Bill Williams indicators. This will give you the best opportunity to salvage a trade if the price action would turn on you and turn into a bearish trend.

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The Cooper win was a major factor in the way Bugner was treated and perceived; when he moved to Australia and became “Aussie Joe”, he developed the character to attack the people who had attacked him. He was given a ridiculously hard time, something that would break most modern fighters. Thenext article in this series on the Alligator indicator will discuss how thisindicator is used in forex trading and how to read the various graphicalsignals that are generated. 3)   The Alligator�s Lips, the �Green� line, is a 5-period Smoothed Moving Average,moved by 3 bars into the future. Cftc rule 4.41 – hypothetical or simulated performance results have certain limitations.

How to Trade Using the Alligator Indicator

Bill William’s vast knowledge of stocks, commodities, foreign exchange markets, led him to develop many indicators, including fractal trade patterns. The default settings for the Alligator Indicator are 13 (jaw), 8 (teeth), and 5 (lips) with shifts of 8, 5, and 3 bars into the future respectively. However, based on the market you’re trading and your individual trading style, these settings can be adjusted to optimize your strategy. These three lines together help traders predict market trends and potential reversals. Support and resistance levels are very important in trading any type of market, including a trending market.

  • The unique design based on shifted moving averages offers traders a “predictive” glimpse into potential price momentum.
  • Earlier in his career, he defeated Henry Cooper on points to become British, European and Commonwealth champion in 1971.
  • Bugner, just a kid at the time, was crushed, and that is a great sadness in my opinion.
  • Then in 1975 he fought Ali again, this time for the world heavyweight title over 15 rounds.
  • These three lines together help traders predict market trends and potential reversals.

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He unsuccessfully challenged Muhammad Ali for the heavyweight championship in 1975, losing by a unanimous decision. As an actor, he was often known for his villainous roles in films starring Bud Spencer and for his role in the 1994 action film Street Fighter alongside Jean-Claude Van Damme and Raul Julia. As you can see, the price action stayed quiet and did not move up or down drastically these five candles.

  • As a general rule for a fractal to form you need a minimum of 3 candles.
  • He held triple nationality, originally being a citizen of Hungary and becoming a naturalised citizen of both the United Kingdom and Australia.
  • For a fully developed downtrend, the green line is below the red line, which, in turn, stays below the blue line.
  • As a professional, Bugner claimed a notable victory over Cooper at Wembley in 1971 to win both the British and Commonwealth heavyweight titles.

Trading pullbacks in a trend

The 23-year-old Bugner then lost twelve-round decisions to Muhammad Ali and Joe Frazier.4 Despite being clearly defeated, Bugner fought well and won the respect of the boxing media and the public alike. After being knocked down by a tremendous left hook in the tenth round, Bugner arose and staggered Frazier to close the round. Frazier took the decision, but only narrowly, and arguably only George Foreman and Muhammad Ali ever gave Frazier a harder fight.

Bugner was consistently ranked among the world’s top 10 heavyweights throughout the 1970s and was known for technical ability, toughness, durability and willingness to take on the best. József Kreul Bugner (13 March 1950 – 1 September 2025) was a Hungarian-born British–Australian professional boxer, who competed in the heavyweight division, and actor. He held triple nationality, originally being a citizen of Hungary and becoming a naturalised citizen of both the United Kingdom and Australia.

It may “bounce” off these areas and head back in a bullish direction. We developed a strategy called the Big Three Trading Strategy that uses three specific moving averages as well if you wanted to check that out later. This means that youraim is to find a wave inside the flow that is moving in a different directionin order to identify a useful entry point.

Bill Williams uses a host of trading tools including Alligator, Awesome Oscillator, Acceleration/Deceleration, Fractals, and Market Facilitation Index. If you want to use the Alligator with these indicators, refer to his books for more information. Frank Warren, an English boxing manager and promoter who founded Queensberry Promotions, posted his condolences via social media. Bugner participated in the first fight Warren called on ITV, a British commercial television network providing free-to-air entertainment and news to audiences in the UK.

At this scale you are waiting for thealligator moving against the day signal. With thenaked eye you can see that prices do not move in a straight line but ratherin peaks and troughs. According to Williams, when these three moving averages are twistedtogether, it means the alligator indicator rests, and so we also rest.But the longer the alligator sleeps, the hungrier it is.

It emphasizes backtesting the indicator first before using it in live trading. The Alligator indicator remains an extremely beneficial tool for forex traders to identify emerging trends, provide trade signals, and smooth market noise. The unique design based on shifted moving averages offers traders a “predictive” glimpse into potential price momentum. To confirm a valid Alligator break-out, look out for impulsive moves when the moving averages align, just like in the winning trade example. You want to see at least three consecutive bars moving along with the Alligator system before trusting the break-out. Without paying attention to the price action, it is unlikely that this trading strategy is effective.