R Roark Jan 13, 2011 #1 The erection pattern reared its ugly head on the Kospi yesterday. How does one profit from the erection? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3060669"> Attachments erection.png erection.png 12.9 KB · Views: 1,358
The erection pattern reared its ugly head on the Kospi yesterday. How does one profit from the erection? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3060669">
Big AAPL Jan 13, 2011 #2 I've seen that before...it's the MM's way of saying what he has in store for me.
R Runningbear Jan 13, 2011 #4 Wait for the the accompanying right testicle pattern, they get heavily short.
B BSAM Jan 13, 2011 #6 Quote from bone: three minute bars... a very short lived erection. More... Looky here. I figgered ol' Bone would show up on this thread.
Quote from bone: three minute bars... a very short lived erection. More... Looky here. I figgered ol' Bone would show up on this thread.
bone Jan 13, 2011 #8 The pattern started with such momentum... but failed off quickly. An exhaustion of order flow.
R Roark Jan 13, 2011 #9 I think you wait for the blow-off, and then get short as it starts to deflate.
