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Thanks RM I wonder if the float will be as popular as the FB...

  1. 361 Posts.
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    Thanks RM
    I wonder if the float will be as popular as the FB float last yr! ha. Hope it doesn't tank straight after like it did!

    Leroy,
    Could I get some advice on this pennant breakout? I an not too good at trading them as it goes against how I trade, In that your usually taking a trade Just above res or below supp (depending on the breakout direction) which feels foreign as if the fake out will occur these are the places it is going to reverse......Do you trade the initial breakout? or do you allow it to breakout move up then retest? I usually wait for the retest but sometimes it doesn't come and i miss the move.....
    Let me know your strat if you don't mind or just a couple of tips would be nice, as i see you trade the triangle patterns often.

    Cheers
 
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