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Post by redpig on Aug 12, 2016 18:48:38 GMT -8
I am starting this thread to track the progress of my Triangles and Wedge Trading.. Think of it as a Journal for Triangles and feel free to post your own setups as long as it is a Triangle or Wedge setup.
I will be using all time frames and any currency pairs.
For those who do not know what Triangle Trading is, the following links will explain what and how.. However, this thread will be a good place to learn how to use this strategy.
[EDIT FOR LATER]
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Post by redpig on Aug 12, 2016 18:48:57 GMT -8
[EDIT FOR LATER]
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Post by Mr Oakmont on Aug 16, 2016 15:14:48 GMT -8
Looking at gold/usd on a daily chart theres a nice triangle formation happening.. I'm expecting this to go Bullish  |
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Post by redpig on Aug 16, 2016 23:40:33 GMT -8
Got a Triangle forming on the XAUUSD daily.. Will be watching this over the following weeks.. I'm expecting price to reach $1500  |
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Post by Mr Oakmont on Aug 20, 2016 22:42:09 GMT -8
I'm waiting for a breakout on this pair USD/JPY. Expecting a continuation of a downtrend so I'm going for a bearish breakout. Will wait and see I guess  |
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Post by redpig on Aug 22, 2016 23:56:57 GMT -8
Just turned my computer on to see Aus200 has broken a Triangle on Hr4.  A look on the hr1 shows it's tried testing the support and is looking like a good setup. I'll be taking a bid on this.  This is how a Triangle should work. . It's broken the top of a triangle and then it comes down to test it (fake outs), it's bounced off the triangle and heading back up now - that is our entry signal.. |
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Post by redpig on Aug 22, 2016 23:59:27 GMT -8
AUSUSD is trapped inside a Triangle on the daily...  |
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Post by redpig on Aug 23, 2016 0:02:06 GMT -8
Also following a Triangle on EURAUD weekly.. This move prolly wont happen until near the end of the year, but when it does I'm expecting it to be a big move..  |
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Post by redpig on Aug 23, 2016 23:00:20 GMT -8
Got a Triangle on the XAUAUD Daily.. Looking to reach close to 1900 I reckon...  |
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koozi
New Member
Posts: 7 
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Post by koozi on Aug 27, 2016 13:45:28 GMT -8
ive found triangles useful in the most case. i am only still newbie trader though but so far i believe ive had at least an 80% success rate with triangle trading.
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Post by jenny34p on Sept 3, 2016 13:25:24 GMT -8
I'm a scalper so I find triangle trading on 5-10min charts very nice and easy. Can be frustrating when you don't find them but when you do! $$$$$
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