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Would it be possible for you to determine the date that issue was published? I think it may have been between Your help is appreciated — thanks — mr. Sorry to get back to you late Marilee. We are not the publishers of the original HTT. This site is an homage to that magazine.
Would like to find the issue month and year the artcial was published. Is there any index to find that??? Thank You, Lee Hatt. I have Hunter, Trader, Trapper magazines for the year of All in fair shape except the january issue which is all there but torn front page. Would these be worth anything to someone?
Check with auction houses that deal with books and magazines. I would be interested in them if you want to sell. The triangle pattern is one of the most popular price patterns in Forex because it is easy to recognize, has a good risk to reward se tup , and provides clear and concrete price objectives. Symmetrical , ascending, and descending are the the three types of triangle patterns we will explore today as well as a strategy on how to trade them.
The first type of pattern is the symmetrical triangle pattern. It is formed by two intersecting trendlines of similar slope converging at a point called the apex.
In the above example of a symmetrical triangle you can easily see on the AUDUSD 1-Hour chart the intersection of a rising trendline and a downtrend line at the bottom of a larger trend. This coiling of price between support and resistance is called a consolidation. Once a triangle is identified on the chart, traders will wait for a breakout either above the resistance trendline or below support.
After a breakout is confirmed with either a closed candle above resistance or below support a stop is placed approximately 10 pips below the last swing low of the triangle. A limit equal to the height of the triangle is then placed. In the above example, a trader who went long after the clear breakout at 0. Though initially, a trader may not know the direction of the move, the triangle pattern alerted traders that a big move was nearby.
The next type of triangle pattern is the ascending triangle. It is easily recognized by a rising trend line intersecting with a flat resistance line. It is often regarded by traders as a bullish pattern characterized by a breaking out above resistance when completed.
However, in the ascending triangle pattern, breakouts can take place below resistance. This can especially be the case when the trend prior to the triangle was down. Similarly to the symmetrical triangle pattern, traders enter short on a break below the bottom of the pattern with a stop approximately 10 pips above the top of the high with a profit objective equal to the height of the pattern.
However, if price rallied above resistance, a stop would be placed below the highest low within the pattern with an additional cushion of approximately 10 pips. The last triangle pattern is the d escending t riangle p attern. The descending triangle is characterized by an area of strong support intersecting a downward sloping trend line.
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Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. He earned that title through dedication and focus…he learned to become a MASTER of his craft…if you want to succeed in Forex you will need to do adopt the Bruce Lee mentality… Forget everything you have learned up to this point in your trading career , because if you truly want to master a new Forex trading strategy you really need to wipe the slate clean of all the confusing indicator and software based trading systems you have likely used thus far.
Checkout Nial's Professional Trading Course here. Thank you this article should help me be focused. Jim Watts April 15, at Matthew April 10, at Roy Peters July 18, at Fewstar chakabva May 10, at 3: Thanks Nial,you provided the best to all the traders,we have been trading but your shared information is useful we have been missing those explained parts Reply.
Nial Fuller December 27, at 9: I would start with the pin bar Reply. Luca July 24, at 1: Luyimbazi Godfrey September 22, at 6: Rgds Godfrey Luyimbazi Reply.
Kevin September 22, at 4: On the spot Nial, this is in fact very true, one workable strategy is good enough provided we have faith in using it, without it our emotions tend to sabotage our trades before we know it… Reply.
John July 30, at 5: Pure Gold — thank you Nial. Niel you are wonderful Reply. Hlengiwe Madonsela March 22, at 3: Rod March 1, at Hey Nial, I find all your articles very interesting, but this one is simply the best; at least for me, this is the one that puts a developing trader on the path to excellence. Many thanks for all your lessons and videos. You are a genuine guy in this business. Galen February 21, at 6: Thanks Nial…u r the best Reply.
Richard November 12, at 3: Zak November 6, at 3: Daniel Enaholo November 6, at 8: Oyesegun November 6, at 1: Ehanks a lot Reply. Thank you Your student Reply.