If you want to fail as a trader, study TA

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FA ,

I have also noticed that sometimes with triangles it just turns into a sideways range which sucks but I guess no pattern works 100% of the time. Pinbars don't always turn out the way I would like them too either but it's nice to know they work the majority of the time.
 
Quote from NoDoji:

Keep an eye on bullish flags;
Price channeling in a groove.
Prepare to play the breakout,
Maybe catch a measured move?
More...
The chart in discussion mixes RTH with pre-market ... :)
 
Quote from blox87:

FA ,

I have also noticed that sometimes with triangles it just turns into a sideways range which sucks but I guess no pattern works 100% of the time. Pinbars don't always turn out the way I would like them too either but it's nice to know they work the majority of the time.
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Blox, that said, an equal lower high could also be quite a powerfull bear signal... GL with the trade...
 
Been playing with indicators this afternoon, I CAN THINK OF BETTER WAYS OF SPENDING A SUNDAY AFTERNOON!!

Look, I know there are certain posters on this thread who can't abide any form of indicator, but to me this could be a great leading indication of a change in direction or at least an indication of when to take profits if you happen to be long.

Of course, it's just an indication and you would need to use it in conjunction with levels and PA. Thoughts please guys...
 

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