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Spectre2007
 

Registered: Dec 2006
Posts: 6296

 

12-28-12 01:14 AM

channel

60 min122712.png
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Spectre2007
 

Registered: Dec 2006
Posts: 6296

 

12-28-12 12:30 PM


Quote from Spectre2007:

straight line outlier. you could enter along any point on the line.



since price moves in bar like pattern with overlap, a trendline is a good way to identify outliers, since overlap in bars has a tendency to hit most SL's. Thus trendline is optimal for entries.

straight line outliersbars.png
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Spectre2007
 

Registered: Dec 2006
Posts: 6296

 

12-28-12 02:27 PM

channel2...

border lines or channel lines are outliers if touched.

channel2.png
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