Question for Grob/Hershey...

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Being ASAP... Channeling the traverses... WHY? Because the endpoints of the traverses are our channel boundaries...

In a nutshell when a new channel is forming, channel the traverses... to get what is required pt1,2,3... From there, the channel is set and I shift to monitoring for flaws especially FTT's... Note the revision I had on the previous.... BRB change is here....

MAK!
 

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Done for the day and traveling the rest of the week... bringing my 3-ring binder to study so I should have many questions to post next week.
 
here's what I see.. notice the b2b on ym as macd converges. I think we cycle along here through lunch; things won't get interesting until we hit the traverse line from pt3 of the shallower short channel.

edit 13:07. oh well, that's what I get for prognosticating..

--laz
 

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makosgu

Hope you can help with these questions, I have attached one of your previous charts for YM and would appreciate your answers.

Basically there is a trendline in green, how did you select pt 1, how did you in realtime at pt 1 extend the bottom trendline to connect with pt 3, e.g. how did you determine the slope or angle of the bottom green trendline?

If I had drawn it, my trendline would have been at a much steeper level, as I would be attempting to connect the two consective bar lows at point A


Many thanks for your help

Osho
 

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Quote from Stalker:

downloaded a free screen capture program, just testing how it looks
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Check out Snagit, stalker. Great app and I think they have a 30 day free trial.
 
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