[quote="Blogworker"]For my Education please - is this Trendline correct ? I think so - i hope...its GOLD H4 ( but have a high spread )
Hi Blogworker,
That is, as close as it can get to a perfect trend-Line. Good job!
JACK-FSR wrote:Hi chinto,
what about adding channels to charts?
Your opinion is higly appreciated
chintopinto wrote:
Hi Jack,
First, thank you for your contribution.
The channel seem to be a nice tool to use, i would use the outside Trend-Lines to look for trading setups.
Unles there are 2 small, or more swing low/high WITHIN two major swing high/low, just because if one trys puting together 3 swing
low/high with a outside swing in between , a trade setup like that may not work as the inside TL has been broken by the outside swing low/high.
See screen-shots and let me know if it is clear what i am pointing out.
Best regards
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