tag:blogger.com,1999:blog-252763673788048829.post3531093390286381663..comments2023-12-16T00:54:52.330-08:00Comments on Nine Transitions: Trend and chopcadaverhttp://www.blogger.com/profile/00205606370921389742noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-252763673788048829.post-80242026218084995192014-03-01T15:50:03.376-08:002014-03-01T15:50:03.376-08:00Forgot to mention, b16/17 was the 1st occurrence o...Forgot to mention, b16/17 was the 1st occurrence of two consecutive bear closes in that day.TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-21790197765754916842014-03-01T15:41:54.695-08:002014-03-01T15:41:54.695-08:00Hi Cad,
I read the overlap of b1 and last bar of y...Hi Cad,<br />I read the overlap of b1 and last bar of yesterday as continuation and b2 as a one legged BO from the last pullback of yesterday.<br />Thats why I had a TL drawn from b65H (the green arrow).<br />http://screencast.com/t/wKsFZBVEshc<br />b8 was another L2, it led to another one legged breakout (bulls might interpret b11 as a mW).<br />b16 was then a L2 variant/pullback in a poss. channel move from b8.<br />The high of it might have tested the breakeven stops of the b7C sellers.<br />I also didn't S b16 but got in S at b17C. :-)<br />b37 was a nice 3rd push on the day at two measured moves and TCL overshoot. Was this 1W? Was b40 W1P or b42?TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-21040590126112193412014-03-01T11:24:23.056-08:002014-03-01T11:24:23.056-08:00As I said, that's called the breakout problem ...As I said, that's called the breakout problem and its an active research topic. When I have sufficient confidence in the setup, I'll post it here.cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-30139441125888529432014-03-01T11:23:36.097-08:002014-03-01T11:23:36.097-08:00A W move and a breakout allow for drawing new TL. ...A W move and a breakout allow for drawing new TL. I'll discuss the specifics of how to draw them in future postscadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-15064383270518028082014-03-01T08:05:42.782-08:002014-03-01T08:05:42.782-08:00Hi Cad,
appreciate your thoughtful analysis. Coul...Hi Cad,<br />appreciate your thoughtful analysis. Could you "walk" us through you decision process that resulted in the short at b16? It seems to me an aggressive trade, given that fact that the market started out sideways with an unclear range. Thanks, rein Anonymoushttps://www.blogger.com/profile/15512258218869334379noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-69532013041082950572014-02-28T03:17:17.719-08:002014-02-28T03:17:17.719-08:00Hi Cad,
can I draw a new TL from a WP?
http://scre...Hi Cad,<br />can I draw a new TL from a WP?<br />http://screencast.com/t/OEy06jnwZVB<br />Cheers<br />ThomasTDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.com