How To Read Channels

[IanMacQuaide]

Quote from elovemer:

....on 512 tick chart.....

.... you can see the effect of range doubling... the first channel..... to produce the green channel......

LRC ... are produced using statistical quantification.... (?vocab)

... these channels here are produced only by doubling the height/range of the channel.... by hand.....

Amazing. I got it now, thanks!
Ian

 

[elovemer]

...if it breaks below this channel..... look out...
..... 30 min ..trading hours....

 

[mu200411]

Interesting Channel .

 

[mu200411]

Measured move reached as expected .
What's next ?

 

[elovemer]

...hey thanks for contributing mu.....

Quote from mu200411:
Interesting Channel .

 

[YTEurope]

hope you all had a great day, heres my /es contribution

 

[elovemer]

...held....

Quote from elovemer:
...if it breaks below this channel..... look out...
..... 30 min ..trading hours....

 

[elovemer]

....30 MIN .... TRADING hours

 

[elovemer]

30 min....continuous

 

[drbob101]

I only use LS channels in all my trading and have been doing nothing but this for approx. 2 years.

My charts are only range bars for intraday work.