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Sideways Markets - Day Trader's Worst Enemy
Manage episode 303280768 series 2983786
What are channeling markets? Basically, it is a sideways market.
The market has been really stuck and going back and forth, even a little bit erratic back and forth between these two important areas. So if you guys don't know what this area is, this is the resistance area and the support area.
So basically, what they are is literally understanding an area that the market is respecting over and over and over and over again.
72 episodes
Manage episode 303280768 series 2983786
What are channeling markets? Basically, it is a sideways market.
The market has been really stuck and going back and forth, even a little bit erratic back and forth between these two important areas. So if you guys don't know what this area is, this is the resistance area and the support area.
So basically, what they are is literally understanding an area that the market is respecting over and over and over and over again.
72 episodes
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