InvestorsHub Logo
Followers 4
Posts 466
Boards Moderated 0
Alias Born 01/27/2007

Re: lowtrade post# 26042

Wednesday, 08/29/2007 5:12:31 PM

Wednesday, August 29, 2007 5:12:31 PM

Post# of 245723
lowtrade, thanks for the patience with some of the people here, they're still learning as you can see.

Question
Chart patterns and your examples of 3 month run and retrace patterns are very relevant to the PR cycle itself, correct? but since we seem to be in a closed triangle channel, how do you predict its direction without PR being on time? Other indicators are bullish and sentiments are good, so it seems this one will bounce up, but i am seeking your method of predicting such a movement at the end of a channel. I guess the right way to play would be wait for the signal and confirmation before buy, yeah?

____________________________________
Trade with discipline.