How to Trade Support and Resistance with Channels Part 1
http://www.michaelglass.com - Effective Video Technical Analysis Trading Plans Delivered Daily from AccendoTraders.com - Many traders are aware of the advantages of trading support and resistance. We've also put together several videos on how to draw trendlines. In this video, we begin the discussion of how to trade support and resistance using Channels or Envelopes in the Stock Market. We introduce the 2 types of channels: Straight Channels (trendlines) and Standard Deviation Channels (Bollinger Bands, Keltner Channels, Momentum Bands (MOBO) and Linear Regression. Be sure to watch part 2 of the video to see more examples.