Recent content by houdinii

  1. H

    How To Read Channels

    After the bell, they ramped this higher. So I think we left that blue descending channel on my chart for good and were going to work our way up Reno deep into next week. So lets hear your thoughts.
  2. H

    How To Read Channels

    I would think that the break qulifies as a new ascending channel. The width is rather small at the moment, but that can change. Otherwse we have some new data points for the orginal dscending channel which I really don't like. The night session should resolve this as it has been for the last...
  3. H

    How To Read Channels

    EOD target, Blue Oval, 38% Fib Bias Line of Reno. I'll comment its pretty early to get the the Data points dialed in for Reno, but I'm pretty close if this is the new channel working within DBX.
  4. H

    How To Read Channels

    I'm an absolute channel junkie. And I trade also. I'm hoping we can learn from each other. Here's my morning chart. We're headed back Up as we bounced right off DBX and good. I've drawn in the alternating channel to Dead Banks that I feel is going to run for a week or so. My previous...
  5. H

    How To Read Channels

    Elovemer, I see we agree on this main Up channel we've been in the last 4 weeks. I call these the main channels Trading Channels. Then the smaller channels within I call Micro Channels. Then the work within the Micros are the mini's. Names do help in communication. I name the Trading...
  6. H

    How To Read Channels

    would help if I attached the chart..
  7. H

    How To Read Channels

    Thanks for resolving the date thing. Don't feel so dumb. Were right on the line tonight. Its a real toss up here.. That DBX channel has held for 4 weeks. The down Red Micro channel working is the real key. We break it to the upside and we go back up is my speculation. We bust DBX and your...
  8. H

    How To Read Channels

    This is the 15 min view with the night session on. The Green channel is the control. The odds of this actually dropping through the botom of the Green channel are pretty nil. The next move should be another channel similar to the Green channel that alternates back up. Present EW work has 810 as...
  9. H

    How To Read Channels

    We'll I'v gotta to laugh. I just noticed no one has posted since 2005..
  10. H

    How To Read Channels

    This is a test post. I use the ES for my channel work. As your one of the few I have run across that works the channels to the next level, I was thinking of posting here. I name the channels, as it makes it much easier to talk about them. This is my 3 month view. I'm usually down in the 5 min...
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