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Category Name: Topics
 
» Sub-Category Name: Trading Techniques

 
 
Trading "V" Patterns
By: San Diego bobl

San Diego bobl 15:10 GMT May 28, 2008  
Jay...
I sure think "V" patterns are hardest to trade accurately and consistantly. These patterns have a tendency to occur most frequently by far in rangebound, noisy markets. Trending markets tend to show a long first vertical leg followed by a much shallower 2nd vertical leg. It's these V patterns that travel X amount and then retrace right back to the beginning are the ones I try to avoid.

 
 

 



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