How To Read Channels

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

  1. ........
     
    #691     Nov 1, 2010
  2. ....
     
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    #692     Nov 2, 2010
  3. ...
     
    #693     Nov 4, 2010
  4. .... looks like wave 3

     
    #694     Nov 5, 2010
  5. ...........
     
    #695     Nov 10, 2010
  6. ... stilll above channel

    .... looks like wave 3

    Quote from elovemer:
    .... above channel
    fake out ? or wave 3
     
    #696     Nov 15, 2010
  7. back.... above

     
    #697     Nov 18, 2010
  8. Hi,

    I am very impressed with your charts...

    But how exactly do you TRADE IT??

    What are your rules?

    Parallel channels I draw on past data always seem very very nice..

    If u long on lower up channel? where is your SL and TP for example?

    Do you trade with these channels? Or are you just drawing channels for fun?

    Thanks and Regards,
    speedtrader
     
    #698     Nov 26, 2010
  9. LOL at you thinking he'll actually answer this
     
    #699     Nov 28, 2010

  10. so he wants us to figure it out?

    or he wants to get the interest ready for a service?:D

    channels are good analysis, but I think theres a whole lot of other stuff hes using to actually trade it..

    dunno.. we'll see
     
    #700     Nov 28, 2010