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I would beg to differ. Most breakouts of channels in either direction fail and price promptly gets pulled back into the channel. That indicates support and or resistance. All channels are trendlines. Therefore trends do imply support and resistance UNTIL a sustainable B.O. on either side...

Unclear. You appear to use trendlines then you appear to be against them? Yes,it is a game. A game of wits and skill. Like any game you sometimes lose and you sometimes win regardless of the tools you use. Casinos certainly lose, but on average, they gonna win or be put out of business. The good...

Here is how things went while i was gone. Anyway this is how i use trendlines ...channels...etc. The market is always in a trend..a channel..a range. ALWAYS. YOU MAY not always see it at first but it is. all my posts even have smaller patterns..trendlines...channels..wedges..triangles..etc that...

This is ridiculous. I gotta go. Bye again. Anyway this is how use such tools.

Last post for now. Really! This is how i see trend lines..channels..working as good tools. The m.a. Is 21 period EMA which also brings to light some setups.

Got to go but here is what happened.

What will happen next? Who knows for sure? No one! But odds favor a p.b. At least good enough for a scalp of a point or two. Why? See chart!

Here is a bit of an example in the ES TODAY just before noon central time.

Trendlines are useful for several reasons, among them: 1) they clarify the trend itself. While one could argue you don't need them ...just a visual looking at the price bars will indicate the trend. That is true, however, our minds focus easier on a trend that is clarified as opposed to one...

Also known as expanding triangles.

The safest way to trade this channel down is shorting at the top of the channel each time it goes back up. But if one has a good counter trend strategy it can be traded long from off the bottom of the channel and shorted at the top. Sooner or later there will be a B.O. Odds favor more downside...

There is a 80% to 90% that the battle you face is probally more psychological than anything else providing your trading methodology is sound. The mind is our greatest tool in trading but it is also our biggest enemy. Emotions run a close second. Our thoughts affect our emotions. And of course...

A little word about orthopraxy vs orthodoxy. Orthodoxy is the correct belief. Orthopraxy is correct practice. The markets are quite fond of disrupting our orthodoxy about them. We have to learn to engage the market from an orthopraxy standpoint. What matters is not what we believe about the...

By far (probally 70% to 80%) most BO's from ranging price behaviour fail. However, sooner or later one will not fail and the market begins trending again or reverse and begin trending in the opposite direction. For instance, when the market is in an uptrend then goes into some ranging behaviour...

Imo one needs some grease to keep blood sugar on an even level throughout the day. A fried pork chop for breakfast with fried egg and a glass of whole milk not 2% should do the trick. One might consider staying away from breads...fruits...lowfat crap and sugar. Taking tumeric and lecithin...

Orthopraxy

Many times price will trade towards the wall for a couple of ticks before reversing. For instance, say there are 800 contracts on the offer and 200 on the bid price will many times trade up towards the 800 before trading down a tick or two. So you can grab a couple of ticks as it trades towards...

ROFLO...There is no way you gonna jump ship entirely on trading. You may be tired and need to see and do other things but you will be back. It is in your blood. It has become part and parcel with your DNA and identity. That is extremely hard to shake off.

I will probally try their demo out first.