Thanks, just wanted to clarify that, the charts that Mak and others draw look so right, and these are all in realtime, this is because of practice and effort, and drawing channels and more drawing channels until they just get it right? Mak may have answered this already just now, when he referred to calibrating the channels volatility after weeks of drawing the channels. When I am drawing these channels I often have to redraw as new pt2 and pt3 are made, sometimes I am reversing trades very quickly, but does this improve with practice? Other than looking for the 2 or 3 bars for a channel to start, is there anything else I can measure to get the channels drawn spot on? Thanks
Aha Aha As ktmex put it... "Eureka!" I finally have my point 1. Best of trading to you all today, and again many thanks for the constructive contributions! Anthony