I also lean towards the all-in/all-out camp. The problem with scaling in/out is that it really is alot harder than most people think. What usually happens is that you may end up averaging down and screwing up. Whereas the all-in method implies that you always got your stop immediately entered with your order so less prob to screw up.
The chart looks ugly, but price is (mostly) honoring the channel, as IV demonstrated with a precise channel line exit on that short position.
Yes so far I concentrated on trending and reversal signals overall , new weekend task to identify channels and run atleast visual backtests ... shit i am busy next 3 weekends I hate this EDIT: I have a mental block , cannot trade unless I have backtested. I treat my SIM acct as my real acct , so I take no chances.