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How to Trade Support and Resistance with Channels Part 1

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Uploaded by on Mar 12, 2010

http://www.michaelglass.com - Effective Video Technical Analysis Trading Plans Delivered Daily from AccendoTraders.com - Many traders are aware of the advantages of trading support and resistance. We've also put together several videos on how to draw trendlines. In this video, we begin the discussion of how to trade support and resistance using Channels or Envelopes in the Stock Market. We introduce the 2 types of channels: Straight Channels (trendlines) and Standard Deviation Channels (Bollinger Bands, Keltner Channels, Momentum Bands (MOBO) and Linear Regression. Be sure to watch part 2 of the video to see more examples.

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  • @MrJohnshopkins53 send me an email or just post here and I'll be more than happy to answer any question you have

  • all the lineage... helps to confuse and new trader.. i.e. the person this video is supposed to be for... that's what scares folk away... you didn't show "how to trade using S&R lines"... which is what you said you this video was about... what we want to know is "using these pretty lines when do you enter the market, and when does one exit using these pretty lines"... that's where the rubber meets the road.. K.I.S.S. it ..

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