Yes, I realize I don't have in every single channel. My goal is to make money trading the channels which are annotated at the big picture. The...
Picture perfect point 3 down channel. Also notice the retrace channel FTT to help enter short even before the channel developed.
When price breaks out of the channel on increasing non dominant volume it is a break out and no longer a valid channel to trade. However, if that...
From the open the Ym led the way today. Retracement channel FTT's helped enter the big picture short w/ very little risk. ps. file 6-6 not 6-7
The moving average was great for support today. Also, peaking red volume and then bullish ever since.
ESM8
Notice the FTT
The big picture channels
Chart for today w/ some real time running commentary. Late afternoon was very choppy.
5-21 ESM8
Clear signals made for a great trading day.
I was short on the RTL on bar 69. Price then moved higher and stopped me out at 31.75 based on my risk of the high of bar 67. I was then flat. Are...
Felt I had mixed signals and found it difficult to trade today.
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