Perfect triangle breakouts

[BloodTrader]

Quote from Pekelo:

And you know for sure I haven't been short since the breakout?

talk is cheap

money talks, bullshit walks.

bt

 

[Pekelo]

Quote from BloodTrader:

talk is cheap

That's why this time I posted in advance in the YM thread...

This was the 6th in a row, it only gave 10 points, but hey, I take it over a loss...

 

[Optionpro007]

How about this one ?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=926686>

 

[murray t turtle]

Quote from Diamondtrim:

Any time it happens
http://www.trade-ideas.com/Help.html#GTBOT

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Haven't had time to study all the perfect triangle breakouts, but good & many good points on trade-ideas.com;
but high probability I will get around to more triangle study

Especially since Dan Zangers article in sfomag.com touched on much the same thing several month ago.

 

[Pekelo]

OK, we got our 7th triangle breakout today, so far 20 points down from the supportline breached, and still going. Enjoy!

By the way, what is the chance we flip the coin 7 times head in a row??? We must be so lucky....

 

[daferiat]

Quote from murray t turtle:

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Haven't had time to study all the perfect triangle breakouts, but good & many good points on trade-ideas.com;
but high probability I will get around to more triangle study

Especially since Dan Zangers article in sfomag.com touched on much the same thing several month ago.

Adding to the "points" you made with examples of the real thing:
1. Descending triangles: http://www.trade-ideas.com/SingleAlertType/GTTOP/Triangle_top.html
2. Triangle bottoms: http://www.trade-ideas.com/SingleAlertType/GTBOT/Triangle_bottom.html