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Showing posts with label
Donchian channels
.
Show all posts
Showing posts with label
Donchian channels
.
Show all posts
Thursday, April 17, 2014
Could you trade like this?
Supposed you were presented with a chart that looks like those shown below. Could you trade off of it?
To a trend follower, the answer would be yes. The price channels clearly show any entry and exit levels, as well as the direction of the trend.
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