tag:blogger.com,1999:blog-37433435.post3504301471863726727..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: What Are Symmetrical TrianglesKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-37433435.post-9529164911303977772008-10-01T17:31:00.000-05:002008-10-01T17:31:00.000-05:00Hi bob,If you read my post again, you will see tha...Hi bob,<BR/><BR/>If you read my post again, you will see that I said the same thing as Colin Twigs. Breakouts ocurring near the last 3rd or apex of the triangle are less reliable.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-60760403920997596672008-10-01T10:27:00.000-05:002008-10-01T10:27:00.000-05:00I'm curious on your opinion re. a theory I saw...I'm curious on your opinion re. a theory I saw put forward by t.a. Colin Twiggs on symmetrical >s.<BR/>He suggested triangle breakouts are less reliable when they occur near the end of the length of the triangle.<BR/>If I recall correctly, he said breakouts occurring within the last 1/3 of a >'s length were less reliable as signals than breakouts occurring earlier, say in the middleHermesacat Bobhttps://www.blogger.com/profile/16502528977899735459noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-39641994008524692962008-10-01T06:52:00.000-05:002008-10-01T06:52:00.000-05:00Just by looking at what the market did you can eas...Just by looking at what the market did you can easily determine if the trend was up or down.. Just ask yourself is the symmetrical triangle above the close from 30 or 40 days ago or not... If the triangle is above the close from 30 or 40 days ago, the trend is up..Keep this very simple.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-73873580889819991022008-09-30T23:37:00.000-05:002008-09-30T23:37:00.000-05:00Very interesting.I have one question: about the fi...Very interesting.<BR/><BR/>I have one question: about the first graph, you say that the trend is up. How do you know?<BR/>I always thought you that in a symmetrical triangle you don't know what will happen until the breakout occurs.<BR/><BR/>Thanks, <BR/>gianpaolo debiasiAnonymousnoreply@blogger.com