Comments on: ZEUS Trade Setup & Entry https://rightsideofthechart.com/zeus-trade-setup-entry/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:19:38 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Bullman https://rightsideofthechart.com/zeus-trade-setup-entry/#comment-2160 Wed, 27 Jul 2016 16:44:17 +0000 http://rightsideofthechart.com/?p=172204#comment-2160 Perfect, thats what I was thinking. Perfect backtest, and no follow through for the breach into the wedge

]]> By: rsotc https://rightsideofthechart.com/zeus-trade-setup-entry/#comment-2159 Wed, 27 Jul 2016 15:51:00 +0000 http://rightsideofthechart.com/?p=172204#comment-2159 In reply to Bullman.

@Bullman Yes, the suggested stop for those only targeting T1 was any move above 29.00 which briefly occurred today. Of course, suggested stops are just that, suggested. However, all official trade ideas are considered stopped out & removed from the Active Trades category only when the maximum suggested stop on the trade is exceeded.

The earlier high on ZEUS today corresponded perfectly with a backtest of the large rising wedge pattern on the daily time frame (see chart below) and so far, prices immediately reversed following that backtest & are trading below the 29 level right now.

]]> By: Bullman https://rightsideofthechart.com/zeus-trade-setup-entry/#comment-2158 Wed, 27 Jul 2016 15:21:59 +0000 http://rightsideofthechart.com/?p=172204#comment-2158 Is this stopped out? for T1 target?

]]> By: rsotc https://rightsideofthechart.com/zeus-trade-setup-entry/#comment-2110 Wed, 20 Jul 2016 16:40:24 +0000 http://rightsideofthechart.com/?p=172204#comment-2110 Daily chart of the steel sector confirming the ZEUS short entry:

]]>