How To Read Channels

Discussion in 'Technical Analysis' started by elovemer, Dec 8, 2008.

  1. lots of signals
    ..... big one is the most interesting
     
    #481     Oct 1, 2009
  2. 15m ym
     
    #482     Oct 1, 2009
  3. just started using thinkorswim and was wondering how do you place the dotted lines in the middle of your channels?
     
    #483     Oct 2, 2009
  4. eur/usd 1hr chart. downward channel broken, possible new upward channel....

    went long at 1.4589 after retry to enter the channel at 1.4678. stop at 1.4565.

    i usually trade off of median lines/forks and action reaction lines. would you mind some median line postings?
     
    #484     Oct 2, 2009
  5. chart...
     
    #485     Oct 2, 2009
  6. ....
     
    #486     Oct 9, 2009
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    #487     Oct 9, 2009
  8. ...
     
    #488     Oct 14, 2009
  9. longer term....started out with a weekly 20 year chart...drew a double top line from our last SPX high, then drew a channel down.....
     
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    #489     Oct 14, 2009
  10. zoomed in a little and drew a fib retrace from our recent high to low....that 1121 mark (50 percent retrace) looks like a nice third hit on the downtrend channel to start another move down....maybe, maybe not, we'll see...
     
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    #490     Oct 14, 2009