03/21/2013 Live Update

KeiZai · Post by **KeiZai** » Thu Mar 21, 2013 12:42 pm

KeiZai wrote:
KeiZai wrote:XIV triangle or not
Nope but this one looks better
XIV-21-2.png

or diamond, we will see

http://slopeofhope.typepad.com/.a/6a00e ... 970b-popup

Post by **Cobra** » Thu Mar 21, 2013 12:42 pm

hopefully a measured move up from here. not sure if it's started.

MrMiyagi · Post by **MrMiyagi** » Thu Mar 21, 2013 12:44 pm

Mother of All pBars.

We can call this one data error....

Post by **Cobra** » Thu Mar 21, 2013 12:46 pm

members only update at 12:45 pm
http://www.cobrasmarketview.com/2013/03 ... ay-update/

MrMiyagi · Post by **MrMiyagi** » Thu Mar 21, 2013 12:46 pm

Allright.. my brain is waking up and catching up..

gappy · Post by **gappy** » Thu Mar 21, 2013 12:46 pm

MrMiyagi wrote:

From Optionsexpress.

FDX_90.gif

TWT · Post by **TWT** » Thu Mar 21, 2013 12:48 pm

$SPX: (Triangle Project) If wave (b) is in place wave (c) of (C) 1 x 1 target at 1542

Daniel-David · Post by **Daniel-David** » Thu Mar 21, 2013 12:48 pm

Jarbo.. "My [silver] position survived by 1 cent - literally."

Nicely done I guess. Well you did say in several prior posts that you preferred tight stops.

LOL

uempel · Post by **uempel** » Thu Mar 21, 2013 12:49 pm

Paging TG and Al, can u use the info

Post by **Cobra** » Thu Mar 21, 2013 12:50 pm

stlwater wrote:
Cobra wrote:
stlwater wrote:
I didn't realize you were hand picking. I can write code to back test a base/breakout scenario for stocks at or near 52 week highs. I should say, I will, because I read the article by the 5-min investor author and I liked his reasoning and I like the set-up. When I get it done I'll share what I find on the members board. I'll try to filter for lower volatility and strong trends. This could take a while, I haven't written code in Perl for some time.

My idea back test is:

have code to find perfect consolidation pattern after a strong up trend (not just a 52-week high, has to be a strong uptrend). I think this is the most difficult part.

have code to know the entry, stop loss and measured move target, so that we can know the gain loss ratio and know whether the trade is successful. Determine a strong trend is not so difficult but how to do the measured move is a big question.

then start from, see year 2000, have code to scan 8,000 stocks actively traded everyday, record each valid trade until today.

then we'll have the data.

I think it's a lot of work which I cannot afford to spend time on and I seriously doubt if the code can find the pattern as perfect as I hand picked.
Nothing is as good as an experienced human eye but there is a lot of subjectivity in that eye. If you can put into a formula something that represents what your eyes are looking for then it can be back-tested. I'll have to come up with a way of measuring the strength of the trend. There are any number of ways of filtering for this using indicators is probably the easiest. Once I've filtered for possible candidates I'll PM some of the results so you can "eye ball them" if they don't meet your criteria you can tell me, and I'll try to refine it down to ones that do. Once I have those, then identifying winners is matter of if that pick hitting or exceeded price targets without stopping out. Perhaps a half out at target approach? Any number of options are available. I'll pull stocks from SPX for the test, unless you think I should use some other type of filter for back-test candidates. Again, I'm not sure when I'll have time to work on it, it could take a while.

I think a strong trend is not a problem. The most difficult part is find a good consolidation pattern. You can send me email about your coding progress. my email is cobra@cobrasmarketview.com.

Unique · Post by **Unique** » Thu Mar 21, 2013 12:50 pm

AAPL all aboard, lifting off !

KeiZai · Post by **KeiZai** » Thu Mar 21, 2013 12:50 pm

MrMiyagi wrote:Allright.. my brain is waking up and catching up..

This one I see too

Post by **Cobra** » Thu Mar 21, 2013 12:50 pm

so far weak rebound. but I'll give bulls a little more time.

TraderGirl · Post by **TraderGirl** » Thu Mar 21, 2013 12:51 pm

uempel wrote:Paging TG and Al, can u use the info

I would be interested....

KeiZai · Post by **KeiZai** » Thu Mar 21, 2013 12:53 pm

KeiZai wrote:
MrMiyagi wrote:Allright.. my brain is waking up and catching up..
This one I see too

Just for the record, this one was already met : viewtopic.php?f=2&t=853&p=122324#p122324

Al_Dente · Post by **Al_Dente** » Thu Mar 21, 2013 12:54 pm

uempel wrote:Paging TG and Al, can u use the info

ps i agree U 'DA MAN

johnnywa · Post by **johnnywa** » Thu Mar 21, 2013 12:56 pm

MrMiyagi wrote:Allright.. my brain is waking up and catching up..

MrMiyagi,we gonna hit that baby tomorrow,thanks for sharing your info to the public,much appreciated as i feel thats what this blog is all about

MrMiyagi · Post by **MrMiyagi** » Thu Mar 21, 2013 1:02 pm

Nothing prior that I can see.

uempel · Post by **uempel** » Thu Mar 21, 2013 1:04 pm

This system has been quite reliable lately, it doesn't suggest a breakout to the upside. A sideways move or a correction here would help broaden the formation a build some floor for move higher later on, presumably in a few weeks time.

Nage · Post by **Nage** » Thu Mar 21, 2013 1:05 pm

Cobra wrote:so far weak rebound. but I'll give bulls a little more time.

time is up?! TLT is testing morning high, again.

Cobra's Market View

Back to www.cobrasmarketview.com

03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re:

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re:

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update

Re: Re:

Re: 03/21/2013 Live Update

Re:

Re: 03/21/2013 Live Update

Re: 03/21/2013 Live Update