Questions About Channel Trading
Hello David,
I would like to thank you for answering my previous two questions.
I made a mistake on the first question. I am actually asking about Channel Trading and NOT Range Bound Trading.
So here is my questions regarding Channel Trading:
1.) In Channel Trading should the support line and resistance line always be
in parallel? What will happen if in an uptrend the resistance line is in a
different angle than that of the support line?
2.) In Channel Trading is it recommended to use a combination of trendline
analysis and MACD?
3.) Is DeMark trendline recommended in Channel Trading?
Thank you very much!
Regards,
Jeff
|