I remind everybody, including the OP, the stated purpose of this thread.
Amazing! US makes a lot of tax money of you.
~1100
Arguably oil is leading spy. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3303051>
It's a marketing tool: looks impressive to a neophyte.
It sounds like Hershey: "anticipation".
For instance: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3299507>
2 adjacent bars
2 bars.
George C., post an example where they don't. You may be right (not).
It seems that you think your view of the trendlines merits is correct. Let me tell you that I know for a fact, that you're mistaken.
Keep your mind open: if that's what you believe, it doesn't mean it is so. A channel has a width, a slope, a structure, and the price it includes...
He might be dead in five years ... He also got a preferential deal, which as of now seems under water.
Colyn's comment showed his disappointment when he realised that Covel's intention is just to promote and sell his books, and he doesn't provide...
If you watch carefully, consolidation is a weak trend. Then when a strong trend weakens, it signals its end.
Or: reverse when week trend, and hold when strong trend. Noise is when you don't know what is happening. It's yours. So, smoothers are crutches...
L1 -> H2 -> L3 -> H4 L3 is HL (H4-L3) / (H2-L1)
You seem to be obsessed with "hindsight". "Don't trade against the trend!". This is even wiser than when members say: "trade with the trend!"....
On fon's chart: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3296726>
I'm not looking to convince you or arguing with you. Just consider the fact that you didn't understand the definition.
Separate names with a comma.