glgene
613 posts
msg #47532
- Ignore glgene |
10/19/2006 1:42:41 PM
Is there any filter that would find stocks about to break out (up or down) from triangle formations?
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nikoschopen
2,824 posts
msg #47533
- Ignore nikoschopen |
10/19/2006 2:31:19 PM
Frankly, I got burned so many times overindulging in the thought of riding the coattail of the triangle breadkouts, it turned out to be a life-shortening brain fart.
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glgene
613 posts
msg #47538
- Ignore glgene |
10/19/2006 3:59:13 PM
Niko,
I give up. Uncle. Where did the 65 come from?
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nikoschopen
2,824 posts
msg #47543
- Ignore nikoschopen |
10/19/2006 4:57:49 PM
The number 65 came right out of the manual. Who knows why they chose 65 over any other number like, oh, 69. But then again 65 days equal roughly 3 months.
I'm glad that my useless advice has finally straightened you out. All things considered, the stark revelation about triangles is that it's made by and for either sissies or suckers, usually both.
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cdvllc
15 posts
msg #47545
- Ignore cdvllc |
10/19/2006 8:48:53 PM
I kind of agree... I read so many articles about how well they work, but in my experience it's about 50%/50%
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