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Using channels and trendlines to your advantage…

In today’s video I talk through how I use trenlines and channels plus also horizontal support and resistance towards the end. A longer video than usual because of the amount of content. Have a great weekend…

6 Comments

  1. David Anderson-Reply
    April 3, 2020 at 5:17 pm

    Hi Charlie
    Are you an avid follower of FIBONACCI
    What is your opinion of using VOLUME
    I note you were a martial arts teacher
    Wado ryu was my style but had to give up due to health issues
    Oil is very volatile just now
    Who do we believe
    Floating storage systems (ie tankers ) are making a fortune
    Look after yourself

    • Charlie Burton-Reply
      April 3, 2020 at 5:22 pm

      Hi David,

      I have used Fibs in the past but haven’t used them in years. Volume I use here and there yes. It doesn’t matter what you use, provided it works for you. There is no one indicator that’s better than others, just the user that makes the difference.

      I wasn’t ever really much of a teacher – I did teach here and there but never had a club, was more interesting in training.

      Thanks for your comments

      Charlie

  2. Sid-Reply
    April 5, 2020 at 9:37 am

    Hi Charlie

    Great video, which charts are your preference for placing trendlines and channels.

    Thanks.

    SId

    • Charlie Burton-Reply
      April 5, 2020 at 10:38 am

      I go out to monthly and then work my way down from there….

  3. April 9, 2020 at 10:41 pm

    Have a great weekend Charlie, always great to go back and touch base on trend lines as they are a great part of a good chart.

    • Charlie Burton-Reply
      April 10, 2020 at 7:54 am

      They are indeed, can really make a difference to a chart…

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