The Erection Pattern

Discussion in 'Trading' started by Roark, Jan 13, 2011.

  1. bone

    bone

    This pattern frequently uses a high frequency strategy.

    Under certain circumstances, automation is used. Others prefer using the pattern with a mechanical system.

    Once the erection pattern is revealed, there is very little discretion in terms of how it is used.
     
    #11     Jan 13, 2011
  2. joe4422

    joe4422

    Same pattern can be found on Asian exchanges, but they're usually smaller.
     
    #12     Jan 13, 2011
  3. Bob111

    Bob111

    the asians are well known for smaller "things"...i see some correlation already :p
    what was the name for patter after erection(that drop on chart?)
    The Decumbentator? :D
     
    #13     Jan 13, 2011
  4. Roark

    Roark

    This is actually an Asian exchange. The kospi trades on the Korean Stock Exchange.
     
    #14     Jan 13, 2011
  5. the rise and fall after manipulation
     
    #15     Jan 13, 2011
  6. Can never be too big to fail.
     
    #16     Jan 14, 2011
  7. Nothing new. I've been playing with that setup for a while.
     
    #17     Jan 14, 2011
  8. I'd be interested to know if anyone here just using this chart alone, could have called the short ahead of time.

    On my end I see flip of all resistance, potential of right shoulder holding.

    Of course, after the RS broke, it was a short down to retest the low, but from my POV it was a buy with those strong bars and flipping several levels of R (if purely going off of this chart).
     
    #18     Jan 14, 2011
  9. Roark

    Roark

    I couldn't do dick today with the kospi. Evidently, the position to take after completion of the erection pattern was to get long and stay long until the close. It's like the market is on viagra.
     
    #19     Jan 14, 2011
  10. spindr0

    spindr0

    I think that you have to be careful that they don't ascend.
     
    #20     Jan 14, 2011