Yes the only way to successfully trade how I do is what I call focus trading. Pay no attention to any other stocks or numbers other than BAC. By doing that it is easy to see the channel. I started watching this around 2 or so today and caught the PPS channeling between 14.80-14.85 relatively quickly. I'm sure you all noticed (if you were staring at it), going from 14.80 to 14.83 then back down to 14.81 then up to 14.85, then back down to 14.80 then up to 14.84. Up and down repeatedly. It did drop below 14.80 a couple times and did tick above 14.85 a couple times which is the norm for this type of movement. Remember deviance from the channel is normally .02 in either direction which by the min charts it is spot on. 14.78 and 14.87.
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