DislikedThanks pips,
I am just trying to maintain the good spirit of this thread just like Phillip makes it since the beginning.
I looked at my UCHF chart again but can not find any reason to draw that blue channel line in the middle that you have.Ignored
You are right...we all have the descretionary ability to draw our lines where they benefit us most (which is something I love about trading; all our unique perspectives and how we play them for profit). I think its interesting that I have used the same lines for 4 or 5 months & they still seem to work...Here is the spread out version if you are interested in seeing where they originate...Horizontal lines are previous Inside Tops that have also held for many months...weird how the market has memory.....