Comments on: Anomalies http://dummyspots.com/2007/05/anomalies/ Stocks, Options, Currencies and One Big Dummy Fri, 08 Aug 2008 00:50:21 +0000 http://wordpress.org/?v=2.2.1 By: Will http://dummyspots.com/2007/05/anomalies/#comment-3039 Will Wed, 09 May 2007 15:42:16 +0000 http://dummyspots.com/2007/05/anomalies/#comment-3039 QUIKTDR - A completed (confirmed) candle formation, for me at least, serves only as a trade *entry* trigger. I set my initial stop, then trail the stop from there based on the type of trade I've just entered (quick in-and-out or longer-term). The length of the trade is determined more by the context of the entry within the overall chart than the immediate candle formation- for example, a short setup in a stock that's trending strongly <em>upward</em> will likely just be a quick pullback into that uptrend, and may only last a few bars. For those trades, I trail my stop quickly and aggressively. If I'm entering in the direction of the larger trend, say going long after a pullback in the above example, I anticipate a longer trade, and trail a wider, slower stop. For me, candlestick formations give a strong entry point, initial stop and directional signal, but the actual duration of the trade is more related to the underlying chart. Thanks for the question! QUIKTDR - A completed (confirmed) candle formation, for me at least, serves only as a trade *entry* trigger. I set my initial stop, then trail the stop from there based on the type of trade I’ve just entered (quick in-and-out or longer-term).

The length of the trade is determined more by the context of the entry within the overall chart than the immediate candle formation- for example, a short setup in a stock that’s trending strongly upward will likely just be a quick pullback into that uptrend, and may only last a few bars. For those trades, I trail my stop quickly and aggressively.

If I’m entering in the direction of the larger trend, say going long after a pullback in the above example, I anticipate a longer trade, and trail a wider, slower stop.

For me, candlestick formations give a strong entry point, initial stop and directional signal, but the actual duration of the trade is more related to the underlying chart.

Thanks for the question!

]]> By: QUIKTDR http://dummyspots.com/2007/05/anomalies/#comment-3036 QUIKTDR Mon, 07 May 2007 14:29:32 +0000 http://dummyspots.com/2007/05/anomalies/#comment-3036 A general question. In the event one receives a buy signal from a specific candle formation and the enter signal would be the high above that candle, how long (how many bars) would this signal be in force? A general question. In the event one receives a buy signal from a specific candle formation and the enter signal would be the high above that candle, how long (how many bars) would this signal be in force?

]]> By: Will http://dummyspots.com/2007/05/anomalies/#comment-3034 Will Sat, 05 May 2007 02:51:17 +0000 http://dummyspots.com/2007/05/anomalies/#comment-3034 Hey Sweetie! Thanks for visiting the "boring" website :) I know you have enjoyed the others more, but the "old people" like this one too! Yes, those kids on the other site are all three just as cute as can be, especially the young, sassy one! If you like, we'll start working on your own site whenever you want! -Dad Hey Sweetie! Thanks for visiting the “boring” website :) I know you have enjoyed the others more, but the “old people” like this one too! Yes, those kids on the other site are all three just as cute as can be, especially the young, sassy one!

If you like, we’ll start working on your own site whenever you want!

-Dad

]]> By: Sara http://dummyspots.com/2007/05/anomalies/#comment-3033 Sara Sat, 05 May 2007 00:23:12 +0000 http://dummyspots.com/2007/05/anomalies/#comment-3033 yup and boy was the superman fun!!Ty for taking us. your E-Mail thing wasn't working so i am leaving you two comments, one a question one uh that doesn't have a question :). Well love ya ttyl. P.S:For ppl who don't know what ty, ttyl, and ppl are they are ( in order ) thank you, Talk to you later, and people. P.S.S for dad NOT readers but anyways: that kid at Fisherwill.com at the top on the very right is very very cute!! yup and boy was the superman fun!!Ty for taking us. your E-Mail thing wasn’t working so i am leaving you two comments, one a question one uh that doesn’t have a question :). Well love ya ttyl.

P.S:For ppl who don’t know what ty, ttyl, and ppl are they are ( in order ) thank you, Talk to you later, and people.

P.S.S for dad NOT readers but anyways: that kid at Fisherwill.com at the top on the very right is very very cute!!

]]> By: Sara http://dummyspots.com/2007/05/anomalies/#comment-3032 Sara Sat, 05 May 2007 00:14:05 +0000 http://dummyspots.com/2007/05/anomalies/#comment-3032 Just checking in oh and i have a question how do you make your own webpage, like dummyspots how do you make them? Just checking in oh and i have a question how do you make your own webpage, like dummyspots how do you make them?

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