Stock Market Now!13. How to Trade the Flag/Pennant Patterns Like a Pro Part 1
www. InformedTrades. com In this lesson we learn what the flag and pennant patterns in technical analysis and how to identify the cards in the stock market, futures market and the forex market for traders and investors
Dave, I can ask how to invest in shares, to be exact. . Did you take a look at the financial statements and then see if the list to confirm your suspicions? Thank you very much
Hey guys all models appearing in the video, in a weekly time frame. can be applied in a shorter period such as 30 minutes or one hour chart.
Hello, you prepare your flag, banner or wedge to draw trend lines, which at the top and bottom of the opening and closing of the candles and also has the shadow? Even if the price breaks up or down is to wait for the candle to shut off the trend line before entering the trade? With videos.
Dave, you said at the beginning of this video that these patterns can be considered as reversal patterns and continuation, but I dont understand. I thought if it was a bearish flag in an uptrend then was as an investment, however, if this is the case, the model can not be identified because it is not merely a continuation, if you see what I’m going to be bad. I really appreciate it becoming clear to me with an example. I think these videos are great, thanks.
Sorry, I made a mistake. . There is a bull flag, but instead of a bull flag. .
I see a bull pennant October to December 2007 for an example of a bear flag graphic. But it was still in a downtrend. As mentioned Dave and Brendan, had only work if other dealers can detect it and it works. . LOL
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Dave, trust me, the operators who base their decisions not meaningless patterns that have no rational basis. Admit it, it’s just something you picked up a loss of another author or losing trader.
You’re welcome. Note that the only reason is a pattern in the rule, is because many people see that they are capable of “making” that works to sprechen.Es are also reasons why the pace of work largely in terms of supply and Nachfrage.Viel luck with his business partner:)-Brendan
Thanks! I wonder how well it would be a pattern when I’m the only one who sees it. Thanks for Ponting, the more clearly the pattern of greater relevance is. These videos are really helpful! Thanks again. =-)
Data Transfer Hi, There are times when seeing some of these models requires a leap of faith. One thing about patterns is that only really work well when other operators are seeing the same thing as you. The Sun more obvious pattern in my opinion, the more reliable. It is understood it is also important, there are reasons why certain pattern or do not work, that everything related to the supply and demand and market psychology. Hope this helps some of you:)-Brendan
Hi Dave, thanks for the videos! It seems like you need much imagination to see these patterns, however. . .
I bought his book “Real Money” on audio CD. You have to invest very good advice, but less so for technical trading. As he says in his program that is a fundamentalist. Still worth reading if, but based it’s definitely better trading book chart. I love what he says but that “No body is better than usual care, take your money than you!”
The answer may be too late, but the most popular software is provided by broker metatrader ur
You better
Thank you for sharing this information! I read a lot in preparing for the sale, while declining market. Your videos are great and I really appreciate that offers this Einsicht.PS. What do you think of views Jim Cramer?
Dave love your work, hope you have a great day!
Hi David, I’m new to the forex market. Only have two questions, does the loss of a SOTP, protect a gap down or up?. And my second question is what software recommended to start?
Yoroida Hello, Thanks for the comment I’m glad you found the videos informative. If the flag is in a downtrend and is maintained then this would be seen but not so optimistic, as if in an uptrend is still a bull flag. If the flag is backwards, it is a bear flag, and found the same effects as a flag in an uptrend, but in reverse (ITS bearish pattern). I hope that makes sense. Best Regards, Dave
Hi Dave, thanks for the very informative videos. And I have a Frage.Was if I have a flag, similar to the one used is followed by the flag of the bull (big jump in the price range to see the consolidation), for example, in a recession?
Jstruble92 Hello, if your time frame that may, in any time frame but I use I think most would agree that the longer the period of time a pattern is expected in the continued validity should. As for how much time I personally consider valid the model until it was broken in the opposite direction, I hope, no matter how long it took. Best Regards, Dave
How many times you should, before holding the flag for the failure and only moves sideways. What period of time. What is the best time to see a flag?
thanks for the comment I’m glad you liked it. Best, Dave
good
Thanks again for the comments. If you enjoyed this many more on my website and YouTube channel InformedTrades. com Sincerely, David