Robert24
Short

EURCAD PIVOT CHANNELS

FX:EURCAD   Euro Fx/Canadian Dollar
158 0 7
Hope I'm right. This method is holding more promise all the time. It's still difficult to know which future point to set off of, but the line ups are incredible. I wonder if they use a similar technique to this, it hits so many points. One full channel is 4 lines and the divisions are approximately 1/3 of that full channel. I determine the normal channel size first, then the preset ratios take care of the rest. The only thing necessary is to swing the channel from a key pivot point (where 2 points are set vertically..the top and bottom of the channel). I've tried this on 5 charts now and the ratios are still holding.