| Author | Post |
|---|
PeG
Forum Whacko
| Joined: | Mon Jul 10th, 2006 |
| Location: | Malaysia |
| Posts: | 1691 |
| Status: |
Offline
|
| Mana: |    |
|
Posting #1: Wed Nov 28th, 2007 05:14 |
|
All Cup & Handles here please. 
Please include failed C & H patterns too.
More studies: http://www.investopedia.com/university/charts/charts3.asp
____________________
DISCLAIMER: I AM ALWAYS WRONG.
|
TK
Forum Addict
| Joined: | Mon Apr 9th, 2007 |
| Location: | |
| Posts: | 82 |
| Status: |
Offline
|
| Mana: | |
|
Posting #2: Wed Nov 28th, 2007 17:07 |
|
This one can arr? Must teach me arr....
|
KayPee
Forum Addict
| Joined: | Wed Aug 2nd, 2006 |
| Location: | |
| Posts: | 89 |
| Status: |
Offline
|
| Mana: | |
|
Posting #3: Thu Nov 29th, 2007 07:07 |
|
Gua tnia lu kong chigeh topic boh laku, peng eu mesti tau karchiu hor. (translation of Malaysian Rojak: Since you mentioned that this topic was not popular, friends should step in to help )
This is a textbook example of C&H pattern (go read the definition first). 
It doesn't always work, but when it does, it is a powerful surge to greater heights. I notice sometimes that more than 1 formation can occur in series. As CB noted in the Symmetrical Triangle Formation, the better formations won't take too long. Taking too long may wear a hole in the saucer you see  . That is to say, other external market factors may nullify the pattern.
Don't believe how powderful this pattern is ah? Take a look at what happened after January '07. Note the volume surge.
|
PeG
Forum Whacko
| Joined: | Mon Jul 10th, 2006 |
| Location: | Malaysia |
| Posts: | 1691 |
| Status: |
Offline
|
| Mana: | |
|
Posting #4: Thu Nov 29th, 2007 15:38 |
|
TK wrote: This one can arr? Must teach me arr....
TK, I think you wanna see a more rounded bottom for the 'cup' in a C & H formation, and the 'handle' formation, which is built during the retracement to be not so deep. The right lip of the 'cup' should have more vol than the left lip, and the vol during 'handle' retracement is lesser compares to both the 'lips'.
There are more criterias to a valid C & H but I think the above are the most basic guidelines, failure which would make it an invalid pattern. In this case, I do not think this is a cup & handle formation.
Anyone has other views please voice out loud.
____________________
DISCLAIMER: I AM ALWAYS WRONG.
|
PeG
Forum Whacko
| Joined: | Mon Jul 10th, 2006 |
| Location: | Malaysia |
| Posts: | 1691 |
| Status: |
Offline
|
| Mana: | |
|
Posting #5: Thu Nov 29th, 2007 15:46 |
|
KayPee wrote: Gua tnia lu kong chigeh topic boh laku, peng eu mesti tau karchiu hor. (translation of Malaysian Rojak: Since you mentioned that this topic was not popular, friends should step in to help )
This is a textbook example of C&H pattern (go read the definition first).
It doesn't always work, but when it does, it is a powerful surge to greater heights. I notice sometimes that more than 1 formation can occur in series. As CB noted in the Symmetrical Triangle Formation, the better formations won't take too long. Taking too long may wear a hole in the saucer you see . That is to say, other external market factors may nullify the pattern.
Don't believe how powderful this pattern is ah? Take a look at what happened after January '07. Note the volume surge.
KP peng eu, wa chin jiah kam siah lu eh karchiu. Lu bong-chan kah jeh hor.  (No, sorry, no translation from me )
Very good explanation. Why you never ask me to buy AIGB? 
Thanks, pal.
____________________
DISCLAIMER: I AM ALWAYS WRONG.
|
TK
Forum Addict
| Joined: | Mon Apr 9th, 2007 |
| Location: | |
| Posts: | 82 |
| Status: |
Offline
|
| Mana: | |
|
Posting #6: Fri Nov 30th, 2007 08:17 |
|
This one leh? But I only discovered it today...can punt arr? 
|
KayPee
Forum Addict
| Joined: | Wed Aug 2nd, 2006 |
| Location: | |
| Posts: | 89 |
| Status: |
Offline
|
| Mana: | |
|
Posting #7: Fri Nov 30th, 2007 08:34 |
|
| Well spotted TK. Fairly good volume today too. Lets see if it can stay above the break.
|
TK
Forum Addict
| Joined: | Mon Apr 9th, 2007 |
| Location: | |
| Posts: | 82 |
| Status: |
Offline
|
| Mana: | |
|
Posting #8: Sat Dec 29th, 2007 08:50 |
|
Can this one be considered as a Cup & Handle Formation? The round bottom should be adhered for it to qualified as a Cup & Handle? Any other area not met the criteria?
Last edited on Sat Dec 29th, 2007 08:53 by TK
|
TK
Forum Addict
| Joined: | Mon Apr 9th, 2007 |
| Location: | |
| Posts: | 82 |
| Status: |
Offline
|
| Mana: | |
|
Posting #9: Sat Dec 29th, 2007 09:01 |
|
Macam mana dengan ini? Can it qualify as Cup & Handle? If yes, what is the entry point of a typical Trader GENERALLY? Wait for it to broke 170 (left edge) or 175 (right edge)?
|
James Bull
Forum Guru
| Joined: | Mon Oct 16th, 2006 |
| Location: | Classified |
| Posts: | 492 |
| Status: |
Offline
|
| Mana: | |
|
Posting #10: Sat Dec 29th, 2007 09:13 |
|
TK,
Obviously u have been falled into a trap called 'your eye will see what you wanna to see', but that is just my humble opinion.
Let PeG comments on your CBS & MELATI charts. She is a pro in C&H setup.
Agent 008
p/s: BTW, I like your way of learning. You posted charts together with your own view before you ask for other opinions.  However, it would be better if you put a mark on the chart. For example, mark down the position of your cup because other people maybe misinterprete your view without a proper marking.
Last edited on Sat Dec 29th, 2007 09:22 by James Bull
____________________
The only thing we learn from financial history is that we learn nothing from it!
|
Current time is 21:41 | Page: 1 2   |
|
