Disliked{quote} Hi Chorlton, Thanks for the question. 1. Yes for sure - this isn't the only way I trade - it's just one of the ways I trade. We all need a tool box of trading methods that we apply in different market conditions. For example I also look for channels to trade - love trading these! But really, it's just the same methods I use but turned on their side or on an angle. If you think about if, trading off a rising channel support is just the same as trading off a horizontal level. Price still moves up, retraces, goes up further to important resistance...Ignored
- Joined Apr 2009 | Status: Live and learn. | 21,833 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,833 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,833 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- Joined Apr 2009 | Status: Live and learn. | 21,833 Posts
"If The Fool persists in his Folly he will become wise." - William Blake