Understanding Micro-Channels
How to use micro-channels.
This day trading lesson comes after many multiple requests. I have had this lesson on the “to do” list for a while, but after continued requests for a lesson on short term trend lines, I am finally getting a chance to make it a reality. Short term trend lines really can help to keep you…...
I get more questions on trend lines than just about anything else, so I am going to be revisiting trend lines today. After all, getting the trend right so that you know when there is a break is important to understanding when a trend is fading and about to reverse. Even with our trend line…...
While there are not a lot of difficult details to understanding a spike and channel, I am getting a lot of questions about them all the same, so today’s lesson will cover what a spike and channel is, why they likely form, along with how we will handle them when trading. The most important thing…...
You will often hear me say that your trend lines do not have to be perfect, but rather they can be close and you can still come to the same conclusions about the overall price action, and this is very true or I would not keep saying it. However, if you are skilled at finding…...