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Pipe Bottoms

  #71 (permalink)
 
DonStar's Avatar
 DonStar 
Dallas, TX
 
Experience: Intermediate
Platform: ToS, TradeGuider, eSignal, AmiBroker
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Stopped out of SPX at close of week, Friday, 13 April 2012.

Closed position on Monday, 16 April 2012.

Trade ROI: 8.73% Gain

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Can you help answer these questions
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  #72 (permalink)
 
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 madLyfe 
Des Moines, Iowa
 
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DonStar View Post
Stopped out of SPX at close of week, Friday, 13 April 2012.

Closed position on Monday, 16 April 2012.

Trade ROI: 8.73% Gain

you could keep your entry like you are right now and maybe use a little VSA for your exits..

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
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  #73 (permalink)
 
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 DonStar 
Dallas, TX
 
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Thanks madLyfe. Food for thought. Right now I am stopping-out if prices closes above the previous high (if short) or the previous low (if long).

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  #74 (permalink)
 
DonStar's Avatar
 DonStar 
Dallas, TX
 
Experience: Intermediate
Platform: ToS, TradeGuider, eSignal, AmiBroker
Broker: TD Ameritrade/eSignal
Trading: Stocks
Posts: 77 since Dec 2011
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Five open Pipe trades:

BBH
DNDN
HURC
NVDA
POL

Two Long and Three Short

Charts and portfolio update attached.

No new Pipe formations on the Bulkowski site this week.

I am attempting a scan of my own, I'll let you know if it yeilds results.

Don

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  #75 (permalink)
 Itchymoku 
Philadelphia
 
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This use to actually be my premium long setup - 45 degree double dip pennant (although there was a lower low) - I use to trade only pennants or breakouts with 1:2 rr




here's another one i might have traded



sorry to digress, I just couldn't help but notice

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
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  #76 (permalink)
 
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 DonStar 
Dallas, TX
 
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Thank you Itchymoku. These patterns seem to have several different names.

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Last Updated on May 5, 2012


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