Disliked{quote} Valid points kprsa but I think timeframe does matter in relation to the use of simple breakout techniques such as the Donchian. What I have gleaned from trend following or indeed any simpler momentum strategy is that the edge associated with the technique lies in the ability to have a sustained price movement with general market consensus. Given the plethora of different market participants and styles of trading/investing, the only time we get a consistent consensus in price movement inevitably relates to when we have market divergence....Ignored