Break outs triangle

rocky · 03-19-2008, 10:48 PM

Hi Guys,

Just wondering how everyone else out there trades triangles?

It seems to be working for me 90% of the time.

So let's discuss:

what time frames are you using?

what indicators do you combine it with? MACD, Stochastic?

Do you wait for the price to retrace back to the line of the triangle or do you just wait for the full candle to close above/below the line of triangle?

ratan · 03-19-2008, 10:49 PM

've had very mixed results trying to catch a breakout from a triangle. I know there are some people who have good luck with this, but somehow, I seem to frequently pick the "wrong triangle".

If anyone who is good with this wants to post some details, I'm sure there are many of us who would love to see it.

03-19-2008, 10:48 PM	#1 (permalink)
rocky Status: Junior Member Join Date: Mar 2008 Posts: 3	Break outs triangle Hi Guys, Just wondering how everyone else out there trades triangles? It seems to be working for me 90% of the time. So let's discuss: what time frames are you using? what indicators do you combine it with? MACD, Stochastic? Do you wait for the price to retrace back to the line of the triangle or do you just wait for the full candle to close above/below the line of triangle?

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03-19-2008, 10:49 PM	#2 (permalink)
ratan Status: Junior Member Join Date: Mar 2008 Posts: 5	've had very mixed results trying to catch a breakout from a triangle. I know there are some people who have good luck with this, but somehow, I seem to frequently pick the "wrong triangle". If anyone who is good with this wants to post some details, I'm sure there are many of us who would love to see it.