easiest money in my life

[maxinger]

WARNING
BROADENING TRIANGLES.....most dangerous market trick/pattern. can drain your account faster than a woman if you do not recognise them.

this is the biggest enemy of the second entry

If the triangle is broad,

sell at the upper line
buy at the lower line
sell at the upper line at a higher reward risk ratio
buy at the lower line at a higher reward risk ratio
sell at the upper line at an even higher reward risk ratio
buy at the lower line at an even higher reward risk ratio
etc etc etc



make sure there is confirmation before entering a trade.

 

[padutrader]

as one of the Wise Men here commented getting a funded account is no big deal. you can buy one.
but you cant pay to stay funded: that you got to earn.

 

[padutrader]

Thats an Ascending Triangle isn't it Padu?

if you're a student of Brooks you do not classify these nasty patterns: he says you trade them all the same.
so he does, sometimes, makes things simple.

i do not normally swing trade these patterns.... i do not swing

i scalp

 

[padutrader]

these illiquid times it is better not to trade.

i always do because i do not have anything to do and i always lose.

i have not learned. yet. but i am trying to

 

[padutrader]

Thats an Ascending Triangle isn't it Padu?

brooks call them broadening patterns.

the trend slowly broadens, he says

 

[padutrader]

Thats an Ascending Triangle isn't it Padu?

actually, i think it is bull channel. i mean if you draw parallel lines
broadening slowly.
i just scalped for .75 point.

only such stupid trades can be taken i think. something Brooks does all the time.

 

[padutrader]

Thats an Ascending Triangle isn't it Padu?

you can also trade them as 3 pushes...... but all scalps to kill time and a point each

 

[padutrader]

i make too many mistakes to be good trader

 

[maxinger]

Nice beautiful broadening pattern - very tradable

 

[maxinger]

choppy messy ugly broadening pattern - untradable