What are the most profitable E&M formations?

Discussion in 'Trading' started by billyjoerob, Jan 6, 2010.

  1. There are the old technical analysis chestnuts . . . head and shoulders and double bottoms and cup and handles . . . but what formations actually work today?

    The most profitable formation in my opinion is the bull flag. Remember that you don't have to trade every stock.

  2. Continuation patterns trade with the trend. Thats as close to the HG as you can get.
  3. I agree. When I hear technical analysts talking about head and shoulders, I think to myself, how do you trade a head and shoulders? The neck line is right in the middle of huge traffic . . . why bother?
  4. Yer sir.

    You`re better off A - waiting for the new trend to present itself. Or B - moving on.

    We are traders. Catch a piece of the middle and find the next victim.