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Re: ballyhooo post# 388

Friday, 08/29/2008 8:28:09 AM

Friday, August 29, 2008 8:28:09 AM

Post# of 488
Ahhh!!..thats is ballyhoo...go to 3 hour candle chart and set a horizontal trendline at the exact top and bottom of the candle...then switch the chart to a 5 minute time frame and your 5 minute channel is clearly shown...notice how beautifully it tests the top and bottom of the channel til positive or negative breakout finally changes the channel?

Simple

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