Price channels present a powerful tool for visual analysis. They are different from other indicators/tools as you would plot them over price action. This ensures that you integrate price action with the channel for a holistic analysis. Beyond its emphasis on price action, channels are also incredibly versatile. You can use them to: Determine trends […]
4 Effective Ways to Trade a Channel
Price channels are helpful indicators for maintaining focus. Unlike many other trading indicators, they plot directly over price action. Instead of distracting you from the price action, channels offer a useful framework for analyzing market movement. There are many flavors of price channels out there. But their recipe boils down to two ingredients: A representative […]
Quick Trade Using Linear Regression Channel For Trading Options
Quick Trade Using Linear Regression Channel is a trading method from Bernie Schaeffer’s book – “The Option Advisor: Wealth-Building Techniques Using Equity & Index Options.” As this trading strategy is designed for trading options, it aims to find a quick trade that does not drag beyond a week. This trading style is suitable for any trader who […]
How To Exit Your Momentum Trades With Trend Line Channels
How many times have you caught a powerful burst of market momentum in your trades? Did you hesitate to grab your profits? How often did you end up giving back a huge chunk of your paper profits to the market? Profit-taking is critical for momentum traders. Momentum does not last long. Not grabbing your profits […]
Trading Pullbacks Using Trend Lines and Price Channels
If you ask a group of price action traders about their favourite tool, one of the top answers will be trend lines. Trend lines and price channels are the best tools for amplifying the power of price action. In this article, you will learn a powerful pullback trading strategy. It is a simple approach using […]
A Plain and Simple Trend Line Channel Trading Strategy
Trend line channel – a simple tool based on plain ol’ price action. Basically, it’s a pair of lines that highlights the market trend, trade entry, and exit. What more can a minimalist trader ask for? Or should I say what less can a minimalist trader seek? Before you can trade with a trend line […]
