Bobby's homework assignment12. 30. 22This will be introduction to expanding triangles.In a way, to my way of thinking, there are 3 kinds of markets: Trending markets, ranging markets, and expanding triangles. Sometimes expanding markets are elusive, but it helps you to know about them. You can still make money and manage your trades...Not knowing. In an expanding market, especially because they're not obvious until later in their evolution. That is not all bad because this kind of pattern really shows Its expansion later in the process. You are still going to look at your gaps, and your extensions, and your retracements, and your support resistance lines... so it's not like you're Trading Stark naked... your tools will give you cover. In a way expanding triangles are a complex reversal... with the biggest move at the end. I think you'll find that it is very easy to get blindsided and miss these patterns...but it is helpful to become aware that A market that is making new lows and new highs... it's not necessarily chaotic and Untradeable... it is a specific type of organized pattern. I need to apologize in that I digress a little bit looking at other tools that I use, is that me complicate the video. However, the tools that I use in the way I process the market, helps me manage and trade the market even when I haven't factored in a significant pattern such as an expanding triangle. In other words, the normal things that I do still protect me...Even when it hasn't quite register with me that I'm trading through an expanding triangle. You really want to know that you're in it expanding triangle before completely plays out>>>>Better late than never.
