Comments on: Skip the Cup with Handle (CTRP) http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/comment-page-1/#comment-301 Chris Thu, 01 Feb 2007 19:00:44 +0000 http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/#comment-301 Maybe I should have been clearer: I should have skipped the cup with handle for CTRP (not all stocks). I teach the cup with handle on the education portion of www.MarketStockWatch.com. I am not eliminating my research to exclude cup with handles. However, the 200d m.a. is more important that the 50-d m.a. for support when trend trading long time frames than a few days or weeks. This is where we disagree. Read more about how I trade to understand that I have studied and used cup with handles for about seven years. It’s just that 200-d m.a. trend buys have been more profitable to me over the past 18 months. Markets change and not all patterns work at all times. Maybe I should have been clearer: I should have skipped the cup with handle for CTRP (not all stocks). I teach the cup with handle on the education portion of http://www.MarketStockWatch.com. I am not eliminating my research to exclude cup with handles.

However, the 200d m.a. is more important that the 50-d m.a. for support when trend trading long time frames than a few days or weeks. This is where we disagree.

Read more about how I trade to understand that I have studied and used cup with handles for about seven years. It’s just that 200-d m.a. trend buys have been more profitable to me over the past 18 months. Markets change and not all patterns work at all times.

]]> By: Sheldon http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/comment-page-1/#comment-300 Sheldon Thu, 01 Feb 2007 18:09:16 +0000 http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/#comment-300 I got to disagree with the idea that traders should skip the cup with handle. With so much research and back studies that demonstrate that it is the most powerful pattern I found it odd you would put it aside based on the price action of CTRP. The learning experience should be that not all break outs work and that you should be looking to get back in a stock, because the 2nd set-up tend to be higher probability trades. Also, the 200ma is not as important as the 50ma as an area of support. I encourage you to look at the work done by Greg Kuhn on cup-completion cheats. That may give you a working basis to help you get into patterns in an area that allows you to deal with the fluctuations in price and not get stopped out. I got to disagree with the idea that traders should skip the cup with handle. With so much research and back studies that demonstrate that it is the most powerful pattern I found it odd you would put it aside based on the price action of CTRP. The learning experience should be that not all break outs work and that you should be looking to get back in a stock, because the 2nd set-up tend to be higher probability trades. Also, the 200ma is not as important as the 50ma as an area of support. I encourage you to look at the work done by Greg Kuhn on cup-completion cheats. That may give you a working basis to help you get into patterns in an area that allows you to deal with the fluctuations in price and not get stopped out.

]]> By: Chris http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/comment-page-1/#comment-278 Chris Thu, 01 Feb 2007 01:03:30 +0000 http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/#comment-278 Trading Goddess, Once I find reading the piece, I will hand out a link. I don’t like to fully recommend anything until I read it finish to end. CTRP was a great learning experience for me and I appreciate that you enjoyed the post. It was worth it to take the time to write the post if it only helps one person! Trading Goddess,
Once I find reading the piece, I will hand out a link. I don’t like to fully recommend anything until I read it finish to end.

CTRP was a great learning experience for me and I appreciate that you enjoyed the post. It was worth it to take the time to write the post if it only helps one person!

]]> By: Trading Goddess http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/comment-page-1/#comment-276 Trading Goddess Wed, 31 Jan 2007 21:54:09 +0000 http://www.chrisperruna.com/2007/01/31/skip-the-cup-with-handle-ctrp/#comment-276 Thanks for the post on CTRP! I will have to find that article from Investment U. I am a big fan of the China stocks and would be interested in reading it. Thanks, Chris, for all you do here! It is really terrific when someone like you with experience and knowledge helps out others like myself to learn and improve our bottom line in the stock market. Kudos! :) Thanks for the post on CTRP! I will have to find that article from Investment U. I am a big fan of the China stocks and would be interested in reading it.

Thanks, Chris, for all you do here! It is really terrific when someone like you with experience and knowledge helps out others like myself to learn and improve our bottom line in the stock market.

Kudos!

:)

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