Does anyone who is trading this method focus on Pennants and Formations for taking trades? I have recently gone on a side tangent of the natural cycle and was wondering if anyone else has gone down this path and found it fruitful. thanks.
When gooch87 used to trade equities, he often entered on a Pennant Break Out early morning. - Spydertrader
Both. He found it fruitful, but now focuses on learning the ES. I'm sure he won't mind receiving a PM. - Spydertrader
Anyone catch TSL this AM? I missed it due to other obligations, but it was/is a beaut! <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1600307> TNG
I didn't trade today either, but I agree. TSL provided a very nice example on the day. I hope someone caught this train. - Spydertrader
OMTR looks like a break out this morning. I had it in a pennant formation for the past week at the right trend line of the IT channel.