In the late summer issue of Traders World, there is an interview of Dan Zanger. Who supposedly made 44 million in the stock market. His 2 favorite chart patterns are the bull flag and the cup and handle. Does anyone know what a "bull flag" pattern looks like? Also does the cup & handle have to be upright or can it be upside down? Does the handle have to be in front or behind the cup?Thank you.
roguetrader
Senior member
- Messages
- 2,062
- Likes
- 49
china white
Established member
- Messages
- 979
- Likes
- 12
Easyman said:
I wud also look at A&E and E&A (Adam, Eve) tops and bottoms which are versions of C&H (well that is actually debatable). They usually deliver VERY well.
Cup and handle is also discussed in the book CANSLIM. I haven't read it in a few years but I do remember that pattern being discussed repeatedly. If I recall correctly, I believe he always discussed the upward breakouts using it and the handle was always on the right.
Ziggie
Ziggie
TheBramble
Legendary member
- Messages
- 8,394
- Likes
- 1,170
Is this the same as Jiler's 'saucer {with/without handle] formation?china white said:
And in what way is it debatable that A&E are not versions of C&H?
Bigbusiness
Experienced member
- Messages
- 1,408
- Likes
- 23
Here's one I made earlier:-
http://www.trade2win.com/gallery/showphoto.php?photo=21&password=&sort=1&cat=516&page=1
http://www.trade2win.com/gallery/showphoto.php?photo=21&password=&sort=1&cat=516&page=1
dbphoenix
Guest Author
- Messages
- 6,954
- Likes
- 1,266
TheBramble said:
They're all variations of the Retracement -- CWH, Phoenix, saucer, VV, UU, V, U, Ross Hook, Dunnigan One Way, Bull Flag, A&E, E&A, A&A, E&E, reverse H&S ad infinitum -- and the criteria for success are the same. If the prerequisites aren't there, e.g., a strong trend, then the looks of the pattern aren't going to matter.
Here is Dan's own site with info and pictures on patterns he uses:
http://www.chartpattern.com/cf/index.cfm
Click on the link "Understanding Chart Patterns"
You don't need to sign up to his service for this, just click the link.
http://www.chartpattern.com/cf/index.cfm
Click on the link "Understanding Chart Patterns"
You don't need to sign up to his service for this, just click the link.
Chart Patterns
What are the easiest chart patterns available for freshmen in tech analysis. Been on fundamental side for a long time, now want to try myself in drawing lines correctly. Easiest pattern and most reliable is trend, up or down. One of the oldest workable approaches is to find an uptrend, buy on...
www.trade2win.com
