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Re: skyhighvt post# 30479

Wednesday, 04/23/2014 1:13:59 PM

Wednesday, April 23, 2014 1:13:59 PM

Post# of 45244
If you are basing your trade off of a channel you spot, youd wait to see specific price action to confirm the channel before entering.

You may also have 2 channels drawn ... and breaking out of the down channel is a good indication it will continue to follow the up channel.

Very smart move to stick to your plan.