The monthly trend has been upward since 5-31-07 … we could have entered this move that day. However, if we were coming into things after the May 31st, we could have looked to the weekly chart for corresponding triangles. The last weekly triangle corresponding with the monthly triangle was issued on September 4th and since we have not seen another triangle issued on the weekly chart we would still be in on a long position. We are only in a trade if our long term (monthly) and short term (weekly) triangles correspond.
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hello, how often do the trade triangles get refreshed? does the tool send out alerts whenever a triangle (buy or sell) is triggered to positions maintained in different portfolios? or does one need to monitor them often? if it is to be monitored manually, what frequency do you recommend for one to monitor these - every minute, hour, day or week? thanks, j.
Hi Jay,
The trade triangles are produced intra-day. You will need to use a navigational click or the refresh button to update the data and the triangles. Our technical team is working on a triangle alert tool. However, this tool is still in the programming phase. I am not sure when this will be available, but it is being worked on.
If you want to check for new triangles for out the day I would recommend the tool below to toggle through your portfolio symbols to look for a recent trade triangle. I would check as many times as are needed for your trading style. If you are a very short term swing trader then maybe check 3 times a day... less the longer term trader you are.
Let me know if you need anything else.
Best,
Lindsay