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Peter L. Brandt’s Followers (10)
Peter L. Brandt
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“As a general rule, the minimum move following the completion of a chart pattern should be equal to the height of the pattern itself,”
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
“Reversal patterns offer the opportunity to avoid riding the initial position back to the starting gates (or what I call a popcorn or round-trip move).”
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
“It is also possible that a pattern implying a reversal of trend could develop prior to the attainment of an expected target. I may elect to move my protective stop in relationship to a pattern that carries trend implications counter to my position.”
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
― Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| The History Book ...: COMMODITIES | 28 | 46 | Jan 03, 2021 09:02PM |
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