Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Jan 28 4:00 PM EST

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To: Ken Adams who wrote (14227)	12/30/2000 9:56:51 AM
From: Ken Adams	Read Replies (1) of 39683

TC mentioned yesterday about liking the BTTT-Classic best for this type market. To that end, I found an article in the November "Active Trader" magazine that could be a partner for the Classic trade. activetradermag.com Scroll down to the article called "Trading the Bow-Tie Pattern" for a hint about the article. This isn't far removed from the MAX concept, and is very close to what BeckyA has advocated in the past. Here's a quote from the article: Bow ties allow you to catch high-probability, shorter-term moves when markets are potentially embarking on new trends. It also says: In a perfect setup, the transition (from one trend to another) should occur over a maximum of three to four days. It goes on to tell how the setup looks and what signals a "safer" trade. Long and short. Ken

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