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Re: pennies2007 post# 87659

Sunday, 12/11/2011 1:33:17 PM

Sunday, December 11, 2011 1:33:17 PM

Post# of 140146
Your "Dagger" Reversal post is excellent pennies! The dagger doesn't necessarily put an end to the long sidetrending waves or failed reversals but sure gives good opportunity for profits once the dagger top or bottom has been broken. And they certainly can present reversals on the larger time frames when the dagger is located on the smaller time frames. Or so it seems to me. Definately worth spending time becoming extremely familiar with that pattern so one can recognise it quickly and accurately.
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