How To Read Channels

[elovemer]

....this thread is for Learning How to Read Important Channels

Discussion on all methods are welcome.


I will be using ES contract as examples.....

 

[elovemer]

.....cash chart....
.... 30 min frame....
...two channels....

<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2211050 width=800>
click on attachment link to enlarge image

 

[fearless9]

Quote from elovemer:

.....cash chart....
.... 30 min frame....
...two channels....

very pretty.
Would make a nice wall hanging in the beachhouse.

regards
f9

 

[ammo]

fearless,it'll take awhile to understand his posts bu tpay attn it'll payoff

 

[elovemer]

...ONE HOUR....
...globex

<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2211338 width=800>

 

[nkhoi]

Quote from ammo:

fearless,it'll take awhile to understand his posts bu tpay attn it'll payoff

can you put in some more details to facilitate the uderstanding.

 

[elovemer]

...HEY ammo... :0)
....feel free to post any channels you feel are pertinent.....

Quote from ammo:
fearless,it'll take awhile to understand his posts bu tpay attn it'll payoff

 

[elovemer]

...apologies if i misunderstood you....

Quote from fearless9:
very pretty.
Would make a nice wall hanging in the beachhouse.
regards
f9

 

[ammo]

Quote from nkhoi:

can you put in some more details to facilitate the uderstanding.

start reading the ewj eliott wave j thread

http://elitetrader.com/vb/showthread.php?threadid=101387

 

[nkhoi]

Quote from ammo:

start reading the ewj eliott wave j thread

I see so this is just ew traveling along a channel.