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Qu|cksilver replied Sep 23, 2007I didn't know that soros lost alot of money trading the rupiah and ringgit???? Where did you get the resource jest?
George Soros is not a trend follower
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Qu|cksilver replied Sep 23, 2007Another triangle setup for today, NZD/USD 15min TF.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Triangle setup waiting for breakout GBP/JPY 1hr TF.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Here is the big picture of the last chart. I must quit at first target because i know the long-term trend is bearish. It's very risky to run/hold the trade if you trade against the trend.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007I have 2-3 method for my trading depending on market conditions and chart pattern. I've been using this method for 2 yrs now.. and i trade live. Timeframe?? i trade it on any TF if i see good triangle setup except weekly and monthly TF

Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Example Chart below shows the long term trend bearish but price break the resistance or the triangle and you buy when price open above the triangle. Most of the time your 2nd target will not hit.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Yes i always use stoploss. Put your stoploss at the nearest support. Sometimes you need to re-draw your triangle after the false breakout to get the prefect triangle setup. Find attached picture for example.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Good question, I don't use any MA indicators but it's good if you have one. If i trade on 30min/1hr chart, i will look it on daily trend either bullish or bearish by drawing trendline or channel. But i think
, by putting RSI or stoch to ...Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Another thing i forgot to add... This is very important!!! If price break the resistance and the long term trend is bearish, don't expect the price will hit second target. For example, You have draw a triangle on 30min or 1hr chart and break the ...
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007Another example attached. GBP/USD 30min chart.
Triangle Trading -Qs
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Qu|cksilver replied Sep 23, 2007bullrock, i wrote this for you my friend... url

Cable Update (GBPUSD)
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Triangle Trading -Qs
Started Sep 23, 2007|Trading Systems|85 replies
I'm sure most of us know how to draw triangle using trendline. Also i always see most traders ...
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Qu|cksilver replied Sep 23, 2007Cable.. nothing is impossible
. You have nice triangle setup. So, if the price break either up or down of the triangle where will be your price projection?Cable Update (GBPUSD)