Robert24

XAUUSD 2 points anchored on channels

FX:XAUUSD   Gold Spot / U.S. Dollar
97 0 3
There are 3 channel ideas I am working with:
1. Normal channels (mine) - all channels of one size keep one vertical distance size. There is a chart on TXN             at the bottom of my published that shows that method
2. Channels that have the vertical distance SET but 3 channel sizes are tried for in ONE channel path. Like the previous chart to this
3. This method- Channels have 2 ANCHOR points. In this case the lower left bottom and the top. The sizings for this setup are .11 for each level spacing. That means there are 3 major channel bands...33%, 66% and 99%(100%). Usually I would not run the 3 sizes all at the same ANGLE. This is more of a way to show percentages than actual individual channel movement
This anchor method does produces interesting results when the extensions are set on and certain points behind are also lined up.
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