Comments on: Three Push and TICK Divergences Signal Likely Intraday Top http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/ 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: johnnywalker http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-213020 johnnywalker Thu, 20 Aug 2009 14:10:48 +0000 http://blog.afraidtotrade.com/?p=4465#comment-213020 I think my point is that a 5 wave up is not corrective as in the other post I think my point is that a 5 wave up is not corrective as in the other post

]]> By: What Happens When Key Resistance is Broken | Penny Stock Trading System Blog http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210192 What Happens When Key Resistance is Broken | Penny Stock Trading System Blog Thu, 20 Aug 2009 10:45:09 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210192 [...] We did get the down-move as expected from my bias in last night’s post, but the only way to profit from it would have been to take a ’short-on-close’ or short sale ’swing’ position from my mid-day post yesterday calling a ‘top’ and rounded reversal. [...] [...] We did get the down-move as expected from my bias in last night’s post, but the only way to profit from it would have been to take a ’short-on-close’ or short sale ’swing’ position from my mid-day post yesterday calling a ‘top’ and rounded reversal. [...]

]]> By: johnnywalker http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210191 johnnywalker Thu, 20 Aug 2009 09:10:48 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210191 I think my point is that a 5 wave up is not corrective as in the other post I think my point is that a 5 wave up is not corrective as in the other post

]]> By: What Happens When Key Resistance is Broken | Afraid to Trade.com Blog http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210184 What Happens When Key Resistance is Broken | Afraid to Trade.com Blog Wed, 19 Aug 2009 18:14:55 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210184 [...] We did get the down-move as expected from my bias in last night’s post, but the only way to profit from it would have been to take a ’short-on-close’ or short sale ’swing’ position from my mid-day post yesterday calling a ‘top’ and rounded reversal. [...] [...] We did get the down-move as expected from my bias in last night’s post, but the only way to profit from it would have been to take a ’short-on-close’ or short sale ’swing’ position from my mid-day post yesterday calling a ‘top’ and rounded reversal. [...]

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210179 Corey Rosenbloom, CMT Wed, 19 Aug 2009 06:20:34 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210179 Best of luck to you my friend. Best of luck to you my friend.

]]> By: scrillagorilla http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210178 scrillagorilla Wed, 19 Aug 2009 06:16:58 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210178 Yes, and there are two ways to estimate the price of gas:<br><br>1) Keep a monthly tabulation of the number of cars driving under a highly trafficked interstate overpass, and use relative changes in traffic density to infer relative changes in gasoline prices.<br><br>2) Go to the gas station and look at the sign.<br><br>#2 is simpler, more precise, and more predictive than #1. Ultimately, though, they will both "trade in the same direction". Yes, and there are two ways to estimate the price of gas:

1) Keep a monthly tabulation of the number of cars driving under a highly trafficked interstate overpass, and use relative changes in traffic density to infer relative changes in gasoline prices.

2) Go to the gas station and look at the sign.

#2 is simpler, more precise, and more predictive than #1. Ultimately, though, they will both “trade in the same direction”.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210177 Corey Rosenbloom, CMT Wed, 19 Aug 2009 05:12:55 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210177 I went into much more detail and show the resolution of the pattern, which led to a profit at close. There was one more re-test up and it was choppy, but we closed down around 30 cents from here. I went into much more detail and show the resolution of the pattern, which led to a profit at close. There was one more re-test up and it was choppy, but we closed down around 30 cents from here.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210176 Corey Rosenbloom, CMT Wed, 19 Aug 2009 05:11:57 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210176 I'm using Elliott not as a purism model, but as nothing more than any standard/classic price pattern. Remember that larger corrective moves can hold 5-waves, like either an A (in a zig-zag) or a C in almost any correction. I'm using Elliott not as a purism model, but as nothing more than any standard/classic price pattern. Remember that larger corrective moves can hold 5-waves, like either an A (in a zig-zag) or a C in almost any correction.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210175 Corey Rosenbloom, CMT Wed, 19 Aug 2009 05:10:50 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210175 It seems we traded in the same direction and both profited then. It seems we traded in the same direction and both profited then.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/three-push-and-tick-divergences-signal-likely-intraday-top/comment-page-1/#comment-210174 Corey Rosenbloom, CMT Wed, 19 Aug 2009 05:09:13 +0000 http://blog.afraidtotrade.com/?p=4465#comment-210174 I'm concerned with 5-wave fractals and the inherent momentum readings that follow - and treat them no differently than flags.<br><br>This is not Elliott purism but fractal practicality. I'm concerned with 5-wave fractals and the inherent momentum readings that follow – and treat them no differently than flags.

This is not Elliott purism but fractal practicality.

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