Traders Toolbox: Reactions Within A Downtrend Revisited…
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“Many traders, especially those who have not traded very long, find trending declines very difficult to trade. Many trading and analytical tools which perform well in uptrends, or even in sideways patterns, often perform differently in downtrends. This is not to say such tools will not work well in a downtrend, but, realistically, many perform differently…”
Revisit the Trader’s Toolbox Post: “Reactions Within A Downtrend” here.
can gbusd drop further and if so to what value
m ahmad
Mahmad,
I would just follow the trend until it ends. Predicting tops or bottoms in any market is impossible to do on a consistent basis.
All the best,
Adam
Hi,
How far this US dollar will be ib bearish move. Any updates about USD CHF. Any chance of getting back to 1.0500 relly.
Regards
Harry
Is there somewhere that describes how to interpret and use the trade triangle strategy? I receive email trend analysis, but what is this???
Dear Lance,
I have included a few links within this comment reply that I think will help you in your quest to understand the Trade Triangle strategy as well as the Chart Analysis score which you will see in your Trend Analysis emails.
Trade Triangle Strategy -http://bit.ly/TradeTriangleHelp
Chart Analysis Score - http://bit.ly/ChartAnalysisScore
If you have any future questions, please don’t hesitate to contact the support team by emailing support@ino.com or by calling 1.800.538.7424.
Best,
Lindsay Thompson
Director of New Business Development
INO.com & MarketClub
Thanks muchly(?)
LanceK
What is your opinion re the euro over the next 2 or 3 months? And your advice long or short.
Thanks,
Harold
Hi, do you guys have the backtested results for these strategies using the trade triangles?
I know there were one too many terrible whipsaws for certain counters during periods when the markets were ranging.
Are there reccommended Counters to use these strategies on? Say for forex and stock indices?
Colin,
Thank you for your feedback and comment. We should have something very interesting for you in the next day or two. I think you’ll get a lot out of it.
All the best,
Adam
Harold,
Thank you for your feedback. At the present time we are positive on the euro. This may change sometime in the future based on our Trade Triangle technology, but for the moment we remain positive.
All the best,
Adam
Adam,
Thanks for such a great site with all this great info !
I was wondering about: Ral Ralcorp.
I cut and pasted the vital from yahoo below, but wondered, why with good growth like this, this stock is faltering, any ideas???
Thanks so much.
Income Statement
Revenue (ttm): 3.78B
Revenue Per Share (ttm): 70.978
Qtrly Revenue Growth (yoy): 50.90%
Gross Profit (ttm): 506.30M
EBITDA (ttm): 542.50M
Net Income Avl to Common (ttm): 251.60M
Diluted EPS (ttm): 4.651
Qtrly Earnings Growth (yoy): 63.30%
Jim,
I took a quick look at the charts and our Triangle are negative on this market.
I have no idea why the stock is going down and to be frank it is not so important to know why a stock is going down. It is the perception of the market that trumps the numbers you pasted in from Yahoo. The current market perception is negative.
All the best,
Adam