Perfect triangle breakouts

Discussion in 'Technical Analysis' started by Pekelo, Dec 12, 2005.

  1. talk is cheap

    money talks, bullshit walks.

    bt
     
    #11     Dec 15, 2005
  2. Pekelo

    Pekelo

    That's why this time I posted in advance in the YM thread...:p

    This was the 6th in a row, it only gave 10 points, but hey, I take it over a loss...
     
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    #12     Dec 15, 2005
  3. How about this one ?

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=926686>
     
    #13     Dec 15, 2005
  4. ===========
    Haven't had time to study all the perfect triangle breakouts, but good & many good points on trade-ideas.com;
    but high probability I will get around to more triangle study

    Especially since Dan Zangers article in sfomag.com touched on much the same thing several month ago.:cool:
     
    #14     Dec 15, 2005
  5. Pekelo

    Pekelo

    OK, we got our 7th triangle breakout today, so far 20 points down from the supportline breached, and still going. Enjoy!

    By the way, what is the chance we flip the coin 7 times head in a row??? We must be so lucky....
     
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    #15     Dec 16, 2005

  6. Adding to the "points" you made with examples of the real thing:
    1. Descending triangles: http://www.trade-ideas.com/SingleAlertType/GTTOP/Triangle_top.html
    2. Triangle bottoms: http://www.trade-ideas.com/SingleAlertType/GTBOT/Triangle_bottom.html
     
    #16     Dec 17, 2005