tag:blogger.com,1999:blog-252763673788048829.post8554386891148098331..comments2023-12-16T00:54:52.330-08:00Comments on Nine Transitions: Fire and forgetcadaverhttp://www.blogger.com/profile/00205606370921389742noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-252763673788048829.post-62442674411966273962011-11-15T17:47:21.631-08:002011-11-15T17:47:21.631-08:00TD, according to the Brooks book, the proper entry...TD, according to the Brooks book, the proper entry for an inside bar is the breakout of the outside bar and the stop is also beyond the outside bar.<br /><br />When the outside bar is small, this is very applicable. When the outside bar is large, the risk becomes unacceptable. Also, my goal of minimizing risk to -6t would preclude any such trades. <br /><br />My optimization is to trade strongly closed inside bars with minimal overlap on the breakout of the inside bar and allow a pullback of at most one tick beyond the entry bar after it closes.cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-35436530118446791702011-11-15T13:51:11.142-08:002011-11-15T13:51:11.142-08:00Hi Cad, I hope this is not obtrusive :-)
I thought...Hi Cad, I hope this is not obtrusive :-)<br />I thought the correct trade for an inside bar is to trade the containing outside bar? So the short was below b63 and the long above b66 (both not triggered on the next bar) or do these two IBs qualify as large?<br /><br />You once wrote: "Inside bar entries are always under the outside bar, except when the inside bar is large or if the inside bar is shaved on the entry side AND at one end of the outside bar "TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-58097365923922542032011-11-14T22:20:42.649-08:002011-11-14T22:20:42.649-08:00TD,
If you are a with-trend trader who entered o...TD, <br /><br />If you are a with-trend trader who entered or correctly read b64 short as an A2, you would wait for two legs down and would not buy b67.<br /><br />But if you wanted to, the correct method of buying the W would be to buy above b67 and move the stop under b68, which would be stopped out at -2.5. You could later enter on the W1P.<br /><br />According to my trade management system described in this post, if you want to buy the W, you would buy above b67 and possibly be stopped out at -6t and re-enter above W1P b71.cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-41873859811946132622011-11-14T01:11:20.231-08:002011-11-14T01:11:20.231-08:00Was b67 a W? And is the IB entry from b67 (above t...Was b67 a W? And is the IB entry from b67 (above the OB66) still valid at b72 (failed L2 at b71). Does the entry order stays in place until it gets triggered or the L of b67 is being taken out.TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-34366551042380502782011-11-11T10:21:01.554-08:002011-11-11T10:21:01.554-08:00MG, my actual entry price was low of b3 and I miss...MG, my actual entry price was low of b3 and I missed being stopped out. On the short below b47, I allow a 1t pullback above the entry bar when the signal is an inside bar (I've posted about it before)cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-74460772577856626472011-11-11T08:33:55.014-08:002011-11-11T08:33:55.014-08:00Cad,
How did you handle the b8 and b51 pullbacks? ...Cad,<br />How did you handle the b8 and b51 pullbacks? They would have taken out breakeven stops. Is this a special case where you do not go to breakeven after a 5t close?<br />Is so, when was the first time you went to breakeven?Unknownhttps://www.blogger.com/profile/03308666207316117086noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-77237959505295321842011-11-11T08:31:24.949-08:002011-11-11T08:31:24.949-08:00Dan, that was a WP and a very good entry. W1P is n...Dan, that was a WP and a very good entry. W1P is not applicable for WP. Your trade was very good. I would have taken it if b38 had a bull close.cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-12915246869859362732011-11-11T07:52:48.279-08:002011-11-11T07:52:48.279-08:00I got the 1PB today but I was wondering about B31,...I got the 1PB today but I was wondering about B31,33,38. I saw this as a W and entered on B41.<br />Setting aside the fact that this was profitable, was this technically a poor low % entry in your opinion? Should I have waited for a W1P? Did you even see that as a W? <br />Thank you for this site. I am very grateful to you Cadaver.Danhttps://www.blogger.com/profile/13766628257511910933noreply@blogger.com