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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (50667)5/14/2000 8:54:00 AM
From: flatsville  Respond to of 99985
 
bobby--

I've always wondered where the "common knowledge" among traders that triangles generally break in the direction of the trend came from and was it quantified?

According to this guy:

rightmove.com

>>>(P.S.- I plan to start converting the Adobe Acrobat file to HTML first of 98. This should help those who have experienced problems viewing this PDF file. I will also be including a more aggressive entry strategy that capitalizes on the statistical fact that 70% of triangles resolve in the direction of the primary trend. More details later.)<<<

Yes, this should be a VERY interesting week.

Thanks for the link niteowl.