Tag Archives: Rail Road Ties

The Rail Road Ties Pattern in the Oil Trading Room

By Mike Wilt

I writing this to make sure there is clarity between the RRTies and RRT (Railroad Track) patterns I make reference to periodically in the oil trading room.  I see people use the names interchangeably.  RRTies is a multiple 10 tick pattern while RRT is a 2, 10 tick bar pattern.  To me a RRTies pattern is a RRT pattern that did not work out. Continue reading