Ha, yes I am still mostly just watching them, and working out a suitable strategy myself at the minute.
Although they are generally for short term trading only.
My current thinking is to somehow buy them on the day they form (which may be problematic), then completely sell out the next day, unless the close is above the downbars high.....and if so then move the stop up to breakeven and see if there is only a shallow test and a further acceleration higher (and then to continue to lift the stop until stopped out).
Or perhaps just sell half on the initial acceleration and see if the remainder can be swing traded until stopped out.
