Comments on: The Great New Pattern - LEND http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html Freshly squeezed market commentary & analysis Sat, 07 Nov 2009 23:20:42 +0000 http://wordpress.org/?v=2.0.2 by: Great New Pattern - Praetorian Harris B. Kupperman http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-7243 Wed, 30 May 2007 01:43:19 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-7243 [...] In a previous post I introduced the Great New Pattern. At that time, I used Accredited Home Lenders (LEND) as an example. I thought I would present a new stock that has shown not one but two instances of panic selling. And why one is the GNP and the other is not. [...] […] In a previous post I introduced the Great New Pattern. At that time, I used Accredited Home Lenders (LEND) as an example. I thought I would present a new stock that has shown not one but two instances of panic selling. And why one is the GNP and the other is not. […]

]]> by: Babak http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4721 Sun, 18 Mar 2007 20:44:46 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4721 Phileo, you are right in being cautious. I wouldn't recommend you approach this pattern carelessly. Re your questions, I would suggest you read the threads on elitetrader Phileo,
you are right in being cautious. I wouldn’t recommend you approach this pattern carelessly. Re your questions, I would suggest you read the threads on elitetrader

]]> by: Phileo http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4714 Sun, 18 Mar 2007 16:05:25 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4714 Hi Babak, I am always interested in a high probability pattern. This one however, on the surface, seems to be higher risk. Is it possible to generalize the following: 1. What would be the signal to enter? 2. Where would the initial stop be placed ? 3. What would be the exit target level? Hi Babak,

I am always interested in a high probability pattern. This one however, on the surface, seems to be higher risk.
Is it possible to generalize the following:

1. What would be the signal to enter?
2. Where would the initial stop be placed ?
3. What would be the exit target level?

]]> by: Jamie http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4712 Sun, 18 Mar 2007 15:06:53 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4712 The concept of euphoria and capitulation has long been one of my favorite patterns during market reversals. I learned how to trade this setup from reading <a href="http://www.amazon.com/dp/0071414908?tag=wallstwarri-20&#38;camp=14573&#38;creative=327641&#38;linkCode=as1&#38;creativeASIN=0071414908&#38;adid=1NBEAR4B88QF5ZZ15AYD&#38;" rel="nofollow">Techniques in Tape Reading by Vadym Graifer</a>. The Graifer book is the best daytrading book I've read and is of particular interest to students of price/volume relationships. The concept of euphoria and capitulation has long been one of my favorite patterns during market reversals. I learned how to trade this setup from reading Techniques in Tape Reading by Vadym Graifer. The Graifer book is the best daytrading book I’ve read and is of particular interest to students of price/volume relationships.

]]> by: Babak http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4703 Sun, 18 Mar 2007 03:20:01 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4703 Nice trade John. I think Jamie is the only trader I know who regularly takes both sides (up and down). The guy is a machine! Nice trade John. I think Jamie is the only trader I know who regularly takes both sides (up and down). The guy is a machine!

]]> by: The Great New Pattern -- Move the Markets http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4696 Sat, 17 Mar 2007 17:20:45 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4696 [...] Babak (one of my favorite bloggers) wrote an interesting article about the The Great New Pattern. [...] […] Babak (one of my favorite bloggers) wrote an interesting article about the The Great New Pattern. […]

]]> by: john http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4695 Sat, 17 Mar 2007 16:58:32 +0000 http://www.tradersnarrative.com/the-great-new-pattern-lend-688.html#comment-4695 this works on the intraday chart as well...i was short the mini NY crude contract when it tanked...i covered into the capitulation, but didn't have the balls to reverse my position...the funny thing was that it even offered a low risk babak/dummy style play on the long side with these wild swings lately, it has definitely given plenty of opportunity...it may be time to sack up and try it this works on the intraday chart as well…i was short the mini NY crude contract when it tanked…i covered into the capitulation, but didn’t have the balls to reverse my position…the funny thing was that it even offered a low risk babak/dummy style play on the long side

with these wild swings lately, it has definitely given plenty of opportunity…it may be time to sack up and try it

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