what are some of your favorite trends and patterns to trade?

cashclay

Junior member
27 0
I want to starting tradin on trends and patterns becuase frankly candlestick trading is too nervous for me. i think i can spot a lot of trends and patterns but was just wondering what is ur fav to trade.
 

tomorton

Legendary member
7,428 1,000
I don't trade patterns as such - mostly they have a very low 5 probability of success - see http://thepatternsite.com/index.html.

But I always trade with consistent trends as identified by mulitple parameters - e.g., for long -
above 200EMA
50, 100, 200EMAs in descending order
price up over last 1, 3 and 6mths
etc.
 

0007

Senior member
2,303 604
My favourite is when you look at the chart and the trend is obvious (weekly and daily). If you can't see a trend then there ain't one.
 

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