Comments on: Did the Triangle Break? http://blog.afraidtotrade.com/did-the-triangle-break/ Helping traders overcome fears and emotions in trading Wed, 08 Feb 2012 09:26:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Stock Market » Did the Triangle Break? | Blog Post http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-40667 Stock Market » Did the Triangle Break? | Blog Post Sun, 02 Mar 2008 14:43:20 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-40667 [...] Royal Dutch Shell plc .com wrote an interesting post today on Did the Triangle Break? | Blog PostHere’s a quick excerptVirtually every trader who uses charts has seen the recent symmetrical triangle forming in the major US Stock Market Indexes. [...] [...] Royal Dutch Shell plc .com wrote an interesting post today on Did the Triangle Break? | Blog PostHere’s a quick excerptVirtually every trader who uses charts has seen the recent symmetrical triangle forming in the major US Stock Market Indexes. [...]

]]> By: 10kthrownaway » Blog Archive » df http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-37756 10kthrownaway » Blog Archive » df Tue, 26 Feb 2008 15:26:25 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-37756 [...] at Afraid to Trade answers the question “Did the Triangle Break?“ Richard over at MtM decides to kick the peasants off his blog Five years of existing home [...] [...] at Afraid to Trade answers the question “Did the Triangle Break?“ Richard over at MtM decides to kick the peasants off his blog Five years of existing home [...]

]]> By: 10kthrownaway » Blog Archive » The 8:01 Report http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-37733 10kthrownaway » Blog Archive » The 8:01 Report Tue, 26 Feb 2008 14:33:07 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-37733 [...] at Afraid to Trade answers the question “Did the Triangle Break?” Richard over at MtM decides to kick the peasants off his blog Five years of existing home [...] [...] at Afraid to Trade answers the question “Did the Triangle Break?” Richard over at MtM decides to kick the peasants off his blog Five years of existing home [...]

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-37524 Corey Rosenbloom Tue, 26 Feb 2008 05:49:57 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-37524 Jonathan, I'm with you. I'm not at all surprised that the triangle appears to be breaking upwards, because everyone was expecting a downside break. Now that everyone is seeing the break, it wouldn't surprise me if the triangle failed (meaning, burst out initially to the upside, fail, reverse, then eject downward). It throws a monkey wrench in TA when everyone's keen on the pattern being observed. Jonathan,

I’m with you. I’m not at all surprised that the triangle appears to be breaking upwards, because everyone was expecting a downside break.

Now that everyone is seeing the break, it wouldn’t surprise me if the triangle failed (meaning, burst out initially to the upside, fail, reverse, then eject downward).

It throws a monkey wrench in TA when everyone’s keen on the pattern being observed.

]]> By: Jonathan http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-37482 Jonathan Tue, 26 Feb 2008 03:51:21 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-37482 I'd like to think that the triangle broke, but I often just watch a pattern pick a direction and trade the first decent pull back or consolidation. I'm hoping I get the opportunity with this one. One thing that should be interesting to watch is how this triangle behaves now that "everybody" is watching it. I hear it was even mentioned on CNBC! I’d like to think that the triangle broke, but I often just watch a pattern pick a direction and trade the first decent pull back or consolidation. I’m hoping I get the opportunity with this one. One thing that should be interesting to watch is how this triangle behaves now that “everybody” is watching it. I hear it was even mentioned on CNBC!

]]> By: Stock Market » Did the Triangle Break? http://blog.afraidtotrade.com/did-the-triangle-break/comment-page-1/#comment-37474 Stock Market » Did the Triangle Break? Tue, 26 Feb 2008 03:30:14 +0000 http://blog.afraidtotrade.com/did-the-triangle-break/#comment-37474 [...] Afraid to Trade.com Blog - Overcoming Fears wrote an interesting post today on Did the Triangle Break?Here’s a quick excerpt Virtually every trader who uses charts has seen the recent symmetrical triangle forming in the major US Stock Market Indexes. Did we get a break-out buy signal today? From the chart (and zoomed in image), it would seem that indeed we did have a triangle breakout buy signal today, but notice that it was not confirmed with higher volume (yet). Notice also that there is key resistance overhead via the 50 period moving average, which is approximately 100 points away. One thing to note is t [...] [...] Afraid to Trade.com Blog – Overcoming Fears wrote an interesting post today on Did the Triangle Break?Here’s a quick excerpt Virtually every trader who uses charts has seen the recent symmetrical triangle forming in the major US Stock Market Indexes. Did we get a break-out buy signal today? From the chart (and zoomed in image), it would seem that indeed we did have a triangle breakout buy signal today, but notice that it was not confirmed with higher volume (yet). Notice also that there is key resistance overhead via the 50 period moving average, which is approximately 100 points away. One thing to note is t [...]

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