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Replies to #12528 on FOREX TRADERS
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Relentless Despot

07/04/07 10:12 PM

#12529 RE: TEX #12528

Yeah I also found that patterns develop differently and mean different things.
I found that in forex more times than not a pennant is a reversal pattern as opposed to a continuation in stocks.
I've also noticed that forex like handles as continuations way more than stocks.
Hardly ever see an ascending triangle in currencies unlike stocks where it's a more common affair.
Trend lines are about the same though and I use them primarily when trading.. no matter the timeframe.