Stirrup Trade - Coyotte
| |
|
Last Poster |
Posts |
Pages |
Last Post |
| |
|
|
|
|
|
|
| Author |
Message |
     elisabeth
Member
Username: elisabeth
Post Number: 376
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Friday, October 20, 2006 - 09:30 am: |  
|
Good morning Coyotte, you've referred to a stirrup trade a couple of times recently - I can't find any reference on Google. Please can you describe what it is, perhaps with the example on LHG (or any other stock)?
Elisabeth
|
coyotte
Member
Username: coyotte
Post Number: 165
Registered: 12-2002
Rating: N/A
Votes: 0
|
| | Wednesday, July 04, 2007 - 02:54 am: |
|
Sorry Liz didn't see your post
The Guppy "Stirrup Trade" is when a UP trending stock has made a decline from a High for no apparent reason (divs etc).(counter trend move and not trend change)
If a Ascending Triangle begins to form after the low , then the distance from the "top of the triangle to the recent High" is added to the "High" -- this is now the target.
Check out my post in the "weekly comp" Series 5 Week 1 --PNA
|
elisabeth
Member
Username: elisabeth
Post Number: 403
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Saturday, July 14, 2007 - 04:29 am: |
|
Many thanks Coyotte - saw your post for the upcoming comp also. Watching with interest.
Regards,
Elisabeth
|
coyotte
Member
Username: coyotte
Post Number: 182
Registered: 12-2002
Rating: N/A
Votes: 0
|
| | Tuesday, July 17, 2007 - 11:02 am: |
|
Elisabeth
This setup is generally what I look for :
The Bottom Trend Line goes back several months and I use this in preference to the short term red line
generally not a very common pattern -- but if the bottom (long term) trend line forms the base of the triangle , then generally a powerful signal
Week 3 in the comp is the correct setup and pattern -- while since I done one of these trades and had to review it .
PNA appears to be in a EW5 though and when the correction comes it should be a bueat -- similar to MCR
don't know why I keep calling it a straddle for ?
Cheers
(Message edited by coyotte on July 17, 2007)
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
|
elisabeth
Member
Username: elisabeth
Post Number: 404
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Saturday, July 21, 2007 - 07:01 am: |
|
Thank you Coyotte 
(Loved your chart in the comp last week!)
|
elisabeth
Member
Username: elisabeth
Post Number: 421
Registered: 09-2002Rating: N/A
Votes: 0
|
| | Friday, January 04, 2008 - 06:58 am: |
|
CUL – Stirrup Trade?
I like Hershy’s pick in the comp for next week.
Coyotte, please can you let me know if I understand the stirrup trade correctly? Pink bars measure and project the target.
Would be a nice trade if it went to plan!
Elisabeth
|
coyotte
Member
Username: coyotte
Post Number: 405
Registered: 12-2002
Rating: N/A
Votes: 0
|
| | Friday, January 04, 2008 - 10:26 am: |
|
Elizabeth.
looks the goods -- yes you have it right.
1: Tri High = .14
2: Tri Base = .12
3: Stop = (.14 -.12 = .02) = Rising Parrall Stop starting @ .10
4: Target : (High .165 - Low .12 = .045 ) = .165 + .045 = .21
Watch it though if it hits resistance at the Tri Target .16 as you will probably get a pull back from the Triangle Traders.
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
|
|
Threads by Last Post Time: First
Previous
36
37
38
39
40
41
42
43
44
45
Next
Last
|
