Comments on: Two Examples of How to Project Price Targets from Triangles http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Education Thursday: My Information sources | fxgateway http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-215549 Education Thursday: My Information sources | fxgateway Fri, 18 Feb 2011 04:14:34 +0000 http://blog.afraidtotrade.com/?p=5542#comment-215549 [...] – I like how Corey uses technical analysis in his trades. I consistently apply things I’ve learned in his blog every day. Need I say [...] [...] – I like how Corey uses technical analysis in his trades. I consistently apply things I’ve learned in his blog every day. Need I say [...]

]]> By: Education Thursday: My Information sources StockTwits FX http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-215548 Education Thursday: My Information sources StockTwits FX Fri, 18 Feb 2011 02:50:18 +0000 http://blog.afraidtotrade.com/?p=5542#comment-215548 [...] – I like how Corey uses technical analysis in his trades. I consistently apply things I’ve learned in his blog every day. Need I say [...] [...] – I like how Corey uses technical analysis in his trades. I consistently apply things I’ve learned in his blog every day. Need I say [...]

]]> By: terlyn http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212891 terlyn Fri, 19 Feb 2010 23:40:04 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212891 Yes, it was really neat. I couldn't believe how exact it was. Thanks for the rest. Yes, it was really neat. I couldn't believe how exact it was. Thanks for the rest.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212890 Corey Rosenbloom, CMT Fri, 19 Feb 2010 22:13:15 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212890 It's always neat to see price react in that way! <br><br>There's no edge - at least in the pattern projection sense for targets - once a target is met. The edge evaporates (those in the position will take profits while others might aggressively short) but that is not guaranteed, so it's often best to stand aside. Perhaps look to Fibonacci retracements, but there's no price projection mechanism once a target is reached (same with a flag or head and shoulders). It's always neat to see price react in that way!

There's no edge – at least in the pattern projection sense for targets – once a target is met. The edge evaporates (those in the position will take profits while others might aggressively short) but that is not guaranteed, so it's often best to stand aside. Perhaps look to Fibonacci retracements, but there's no price projection mechanism once a target is reached (same with a flag or head and shoulders).

]]> By: terlyn http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212889 terlyn Fri, 19 Feb 2010 22:09:20 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212889 It worked this morning on a short-time triangle in the dollar, which moved up exactly to the measured move. Since plunged. So how do you measure/know the move after the triangle breakout target is met? It worked this morning on a short-time triangle in the dollar, which moved up exactly to the measured move. Since plunged. So how do you measure/know the move after the triangle breakout target is met?

]]> By: terlyn http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212210 terlyn Fri, 19 Feb 2010 17:40:04 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212210 Yes, it was really neat. I couldn't believe how exact it was. Thanks for the rest. Yes, it was really neat. I couldn't believe how exact it was. Thanks for the rest.

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212209 Corey Rosenbloom, CMT Fri, 19 Feb 2010 16:13:15 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212209 It's always neat to see price react in that way! <br><br>There's no edge - at least in the pattern projection sense for targets - once a target is met. The edge evaporates (those in the position will take profits while others might aggressively short) but that is not guaranteed, so it's often best to stand aside. Perhaps look to Fibonacci retracements, but there's no price projection mechanism once a target is reached (same with a flag or head and shoulders). It's always neat to see price react in that way!

There's no edge – at least in the pattern projection sense for targets – once a target is met. The edge evaporates (those in the position will take profits while others might aggressively short) but that is not guaranteed, so it's often best to stand aside. Perhaps look to Fibonacci retracements, but there's no price projection mechanism once a target is reached (same with a flag or head and shoulders).

]]> By: terlyn http://blog.afraidtotrade.com/two-examples-of-how-to-project-price-targets-from-triangles/comment-page-1/#comment-212208 terlyn Fri, 19 Feb 2010 16:09:20 +0000 http://blog.afraidtotrade.com/?p=5542#comment-212208 It worked this morning on a short-time triangle in the dollar, which moved up exactly to the measured move. Since plunged. So how do you measure/know the move after the triangle breakout target is met? It worked this morning on a short-time triangle in the dollar, which moved up exactly to the measured move. Since plunged. So how do you measure/know the move after the triangle breakout target is met?

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