Good morning, all. @Matt, on the JWN CCI bungee trade, JWN had a
dividend of $.19 overnight. Do we need to adjust that dividend to
the entry price of $18.16 by that amount? Just curious. Interesting
timing on that dividend and trade idea. Thanks.
no - the trigger is 1 penny over yesterday's daily doji candle.
and if it doesn't trigger today, it could setup for a trigger
tomorrow etc, no trigger no trade, and sometimes I've seen these
things not trigger for days as price works lower before finally
taking out a trigger candle. Also, technically the trigger from
yesterday's candle is only good for today, not tomorrow if it
doesn't trigger
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Good morning, all. @Matt, on
Posted by Trendie on 30th of Aug 2022 at 07:55 am
Good morning, all. @Matt, on the JWN CCI bungee trade, JWN had a dividend of $.19 overnight. Do we need to adjust that dividend to the entry price of $18.16 by that amount? Just curious. Interesting timing on that dividend and trade idea. Thanks.
no - the trigger is
Posted by matt on 30th of Aug 2022 at 09:35 am
no - the trigger is 1 penny over yesterday's daily doji candle. and if it doesn't trigger today, it could setup for a trigger tomorrow etc, no trigger no trade, and sometimes I've seen these things not trigger for days as price works lower before finally taking out a trigger candle. Also, technically the trigger from yesterday's candle is only good for today, not tomorrow if it doesn't trigger