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NomadTrader
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Is it possible to find out who was on either side of this trade?
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Thx Tams, I know his work well. but an AB=CD is not a Gartley or a Butterfly its an ABCD where AB=CD. This can of course be part of a Gartley/Butterfly. Wht iwas curious about was how people a re actually trading this? Are you buying the .618 with a stop at the .786 and waiting to see if it fails at "C"?
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@email re AB=CD. Assuming this is the Larry pasavento's fib work, how do you trade this exactly?
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I have never really understood how a trade of this size http://img507.imageshack.us/my.php?image=gm592300.jpg can go through in one block. I sometimes have trouble selling 10k shares Not to mention this was AT the closing bell, and I mean the bell had finished ringing on CNBC before it showed up so you know it printed RIGHT at the bell. Does this kind of trade require that both buyer and seller know each other and just agree to print it at the close fo the day or something?