Trading Tight Bull Channels: Video 43 A, B, C & D

Question 1

Only look to Buy Bull Channels.
When bull channel is tight, very difficult to make money shorting.
Most pullbacks do not fall far enough.

Question 2

Tight Bull Channel: First reversal will be minor.

Question 3

When a Bull Flag occurs after 20 or more bars in a bull trend, it might be the final flag. And the breakout, when it comes may not get very far.
It’s very common for a bear trend to begin a breakout below a bear flag.

Question 4

Every time you see something that you think is a sell in a trend. Do the opposite and buy.

Question 5

In tight Bull Channels, it’s better to buy reversal attempts, rather than buying above a high.

Question 6

Here is a test of the breakout point that could be bought(the box above the stop)

Question 7

Buying Bull closes at new high can be risky, because the probability of adeep pullback are greater.

Question 8

Whenever the channel is tight, pullbacks usually reverse after falling 33-50%.
Somewhere he said, (but can’t find it), toby at the moving average.

Question 9

if all of the pullbacks are very brief, that is a Tight Pullback Bull Trend and means that market is likely going higher.

Question 10

After a Trend last about 20 bars, look for signs that it might evolve into a trading range