Comments on: A Lesson Inside the Failed Bear Flag Feb 5 http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Three Day in a Row SPY Pattern Yields Profit or Peril | Penny Stock Trading System Blog http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212152 Three Day in a Row SPY Pattern Yields Profit or Peril | Penny Stock Trading System Blog Fri, 12 Feb 2010 21:39:00 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212152 [...] “A Lesson Inside the Failed Bear Flag” [...] [...] “A Lesson Inside the Failed Bear Flag” [...]

]]> By: Three Day in a Row SPY Pattern Yields Profit or Peril | Afraid to Trade.com Blog http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212147 Three Day in a Row SPY Pattern Yields Profit or Peril | Afraid to Trade.com Blog Fri, 12 Feb 2010 17:55:33 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212147 [...] “A Lesson Inside the Failed Bear Flag” [...] [...] “A Lesson Inside the Failed Bear Flag” [...]

]]> By: Diggy | Forexhabits.com http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-213229 Diggy | Forexhabits.com Mon, 08 Feb 2010 15:44:10 +0000 http://blog.afraidtotrade.com/?p=5483#comment-213229 Very Interesting Corey!<br>I don't like the 1,5 and 10 minute charts, it's all a little too much too fast. I prefer finding a trend on daily and an entry point on a 4 hour chart. Sometimes it means a position needs to be held for a few weeks, other times a day or two.<br><br>I find that the patterns on smaller time frames are more often mis-leading than on the larger ones? Very Interesting Corey!
I don't like the 1,5 and 10 minute charts, it's all a little too much too fast. I prefer finding a trend on daily and an entry point on a 4 hour chart. Sometimes it means a position needs to be held for a few weeks, other times a day or two.

I find that the patterns on smaller time frames are more often mis-leading than on the larger ones?

]]> By: Diggy | Forexhabits.com http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212103 Diggy | Forexhabits.com Mon, 08 Feb 2010 09:44:10 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212103 Very Interesting Corey!<br>I don't like the 1,5 and 10 minute charts, it's all a little too much too fast. I prefer finding a trend on daily and an entry point on a 4 hour chart. Sometimes it means a position needs to be held for a few weeks, other times a day or two.<br><br>I find that the patterns on smaller time frames are more often mis-leading than on the larger ones? Very Interesting Corey!
I don't like the 1,5 and 10 minute charts, it's all a little too much too fast. I prefer finding a trend on daily and an entry point on a 4 hour chart. Sometimes it means a position needs to be held for a few weeks, other times a day or two.

I find that the patterns on smaller time frames are more often mis-leading than on the larger ones?

]]> By: uempel http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212100 uempel Sun, 07 Feb 2010 12:23:03 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212100 Corey, this is really a good post, congrats. Instead of observing the market closely and looking at the facts, some people prefer to accuse dark forces. Corey, this is really a good post, congrats. Instead of observing the market closely and looking at the facts, some people prefer to accuse dark forces.

]]> By: tradingdonk http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212098 tradingdonk Sun, 07 Feb 2010 03:49:38 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212098 Cory, great post. One thing I'd like to point out in this failed trade is the 3/10 oscillator. It did not give a sell signal. In fact, it gave a buy signal at 11:50 (PT). If you were to take the aggressive entry that you mentioned, this would have signaled a failed break down from the bear flag and opportunity to exit with a scratch. The conservative entry you mention, in fact, never set up due to the 3/10 oscillator.<br><br>For comparison, the 3/10 gave a sell signal at 9:45 (PT). Cory, great post. One thing I'd like to point out in this failed trade is the 3/10 oscillator. It did not give a sell signal. In fact, it gave a buy signal at 11:50 (PT). If you were to take the aggressive entry that you mentioned, this would have signaled a failed break down from the bear flag and opportunity to exit with a scratch. The conservative entry you mention, in fact, never set up due to the 3/10 oscillator.

For comparison, the 3/10 gave a sell signal at 9:45 (PT).

]]> By: Jason B. Gordon http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212097 Jason B. Gordon Sun, 07 Feb 2010 03:30:23 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212097 Great post Corey. Thanks for the thorough analysis and explanations.<br><br>keep up the good work! Great post Corey. Thanks for the thorough analysis and explanations.

keep up the good work!

]]> By: Craig http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212096 Craig Sun, 07 Feb 2010 00:22:33 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212096 Corey,<br><br>I enjoy your work. It is always insightful. I've had you on my blogroll for some time. Addition to your blogroll would be much appreciated.<br><br>Craig Corey,

I enjoy your work. It is always insightful. I've had you on my blogroll for some time. Addition to your blogroll would be much appreciated.

Craig

]]> By: terlyn http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212094 terlyn Sat, 06 Feb 2010 20:22:01 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212094 I was looking at yesterday's chart of SPY and inverse (2X) SPY and FAZ. I think it is possible to count a 5-wave pattern on the impulse up. It is clearer in reverse on the inverse, especially FAZ, which has a clear double top on the one and 3-minute charts. I was looking at yesterday's chart of SPY and inverse (2X) SPY and FAZ. I think it is possible to count a 5-wave pattern on the impulse up. It is clearer in reverse on the inverse, especially FAZ, which has a clear double top on the one and 3-minute charts.

]]> By: terlyn http://blog.afraidtotrade.com/a-lesson-inside-the-failed-bear-flag-feb-5/comment-page-1/#comment-212093 terlyn Sat, 06 Feb 2010 19:09:38 +0000 http://blog.afraidtotrade.com/?p=5483#comment-212093 Thanks, Corey. Thanks, Corey.

]]>