The Secret To The Donchian Trading System That Will Make You Millions
www.guerillastocktrading.com (CLICK HERE FOR THE FULL LESSON) The Donchian channel is a beneficial indicator for looking at the volatility of a market price. When a price is stable the Donchian channel will be comparatively slim. In case the price changes considerably the Donchian channel will be wider. Its main use, having said that, is designed for providing signals for buy and sell trades. If a security trades above its highest n day high, then a long is established. When it trades below its lowest n day low, then a short position is entered into. There’re handy for projecting support and resistance levels of price and define boundaries for price action.
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Tagged with: Donchian Breakout • Donchian Channels • Donchian Indicator • Donchian System • Donchian Trading System • Donchian Trend • Donchian Trend System
Filed under: Stock Trading Systems
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Good Info ,thanks
I been using this technique for years and it is reliable if you can wait till price comes to you. Thanks for posting this info.
Why the stupid music?? Intrudes on the lesson. If i want music I’ll go to a music channel. GEE
@gbmwaz Why the fag comment? That’s way sissy to complain about the music. Maybe you should go join the I bitch like a girl channel.