Search results

  1. P

    5 point pattern trading

    chs Chicos bullish crab patternon Daily chart has formed on high selling volume. if you like the clothing industry this could be a good longer term entry point....a break below point D would not be good for the long side.
  2. P

    5 point pattern trading

    BB, the russell today speaks to your point. The 2 green lines are point X and D. that triggered the BAT pattern yesterday. Today X was NOT taken out yet so bearishness still valid for now. the patterns help to give absolutes to a very abstract universe.
  3. P

    5 point pattern trading

    pdli Protein Design labs...Bullish "Bat" pattern triggered after some bad news. I do like the company but they have alot of issues to work out. I would like to see 18.00 area tested and hold before I take a position. Some have taken advantage of the drop in price already. People react...
  4. P

    5 point pattern trading

    have to get my beauty rest. Flipper, out
  5. P

    5 point pattern trading

    SCHW CHARLES SCHWABB Bullish butterfly. I will consider this a buy if we can get a pullback to 18.50--18.00. I will be watching this
  6. P

    5 point pattern trading

    here is the range for the russell right now based on a bullish pattern on the 60 minute. So you can see that we can come down substantially and still be bullish...isn't trading fun and easy
  7. P

    5 point pattern trading

    since i am looking for longer term holds personally I am looking at mostly daily weekly and monthly timeframes. I go to a chart and let the study find the patterns based on my Fib ranges for the various swings. And yes you must wait for the pattern to develope to point D because you really dont...
  8. P

    5 point pattern trading

    I stopped trading overnight becasue it can drift up overnight, stop you out, and then by the time our markets open the pattern falls right back in line with where we left off (in alot of cases). It was a tough lesson for me. I now take my signals only from day timeframe because there are...
  9. P

    5 point pattern trading

    I stopped trading overnight becasue it can drift up overnight, stop you out, and then by the time our markets open the pattern falls right back in line with where we left off (in alot of cases). It was a tough lesson for me.
  10. P

    5 point pattern trading

    BB, on your ES chart the larger bullish blue outlined Gartley is the stronger pattern and the red area is an AB =CD pattern short but in this case to me it looks like a smaller set of waves inside the larger wave and the larger wave is the stronger wave.
  11. P

    5 point pattern trading

    ARJ Arch Chemical update...Bearish butterfly back in control. We are below point D. Important to see where we close. this can move to the downside in a big way. I am not involved with this stock at all, just using it in real time to demonstrate these patterns and what to watch surrounding these...
  12. P

    5 point pattern trading

    Just purchased HWCC 18.52 based on pullback near point D 18.00. Bullish butterfly pattern
  13. P

    5 point pattern trading

    russell 15 "bat" pattern sorry i did not get this out when triggered... bearish pattern
  14. P

    5 point pattern trading

    ANN ANN TAYLOR STORES bullish Gartley pattern weekly. I will buy a pullback to 30.00 to hold for longer term if I can get it
  15. P

    5 point pattern trading

    ARJ Arch Chemicals the chemical company is overpowering the bearish butterfly at this moment in time. Some will be out if they were short, but remember that this is a weekly chart and this bar will not be complete until 8/31, but point D has been violated which is not good for the bearish...
  16. P

    Boston Scientific ready to rock

    The bullishness of HR block is based on the geometric pattern that was formed on the daily chart and completed on 8/15/07 see attached chart. Point D is a potential reversal area. I started another forum 5 point trading patterns to show and study these patterns both as they happen and in...
  17. P

    Boston Scientific ready to rock

    I just trade the pattern but it is interesting to see how PDLI traded once you know certain news like the Soros purchase
  18. P

    5 point pattern trading

    Yesterday's news put a hurting on PDLI. Today we see that 20.00 area point D which was support is now resistance. 18.00is support for now. This is a failed Gartley pattern which CAN mean substantial downside risk. Be careful and use stops This study is not to prove how great 5 point...
  19. P

    Boston Scientific ready to rock

    Yes, When PDLI bounced off that pattern people knew that the CEO was leaving and that was a good thing, because when the CEO news came out the stock stayed up from the pattern bottom. But, the news yesterday was really kept under wraps so not in the stock price on the initial move down. No one...
Back
Top