Trend channels really do work. I made +13% last week on one stock that had a very obvious pattern over the last six months. I waited to buy until the stock dropped below the lower trend line on the channel/up, the stock dropped for two days then went up a total of 22% in the next 4 days. I manually bailed out at 13% profit. Now I'm hooked on channel/up trends.
Could you please make a video about Nvidia? It seems that market didn't react much on their last Titan V GPU which is quite an event in its domain. And a second question: in terms of day trading what is your choice of time frames for spotting trends (1, 15, 30 minutes)? Thank you all, who involved in creating this videos. Guys, you are doing a great job! Thank you, David!
Hi David. Congratulations for your great videos. You´re the best! Could you make a list of the best books, from the most basic to the most advanced, about technical analysis? Thank you!
Hi, glad you appreciate them. There is a list on the Trading 212 blog here: blog.trading212.com/category/book-of-the-month TA of the Financial Markets by John J Murphy is considered the default text book for charting.
Helpfull video’s! I know how to trade with technical indicators but fundamentals are still difficult. Can you make Some video’s About fundamentals and how to use them? Thanks already!
Hi David, thanks for the presentation. As usual, it's very simple to grasp. Can you please explain how is the trend channel different from bollinger band, and which of these is more reliable?
Hi - Trend channels are very different from Bollinger Bands. The trend channel as you can see is based on support/resistance and trend on the chart, whereas Bollingers are a more mathematical calculation. We will cover Bollingers in a future video - I don't think one approach is necessarily better than the other but when that video is uploaded you can watch it and see what you think.
signed up to trade212 immediately after seeing 1 of your vids, the platform is fantastic, can't believe i used markets.com for so long. shame on me ay!
what happens if the price goes bellow the bottom line of the channel. I recently bought paypal stock at the bottom line and it just fell. It was a secure channel with 5 points?
Need confirmation of it going up. I use the 9,0 close SMA and once a full candle stick closes above it. and the stock price is @ its support line it's a suggestion for it to go higher.
David is using Trading 212. Open a free Practice Account and check out the trading app with virtual money at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
Hi Andrew, the trading app used in all videos in the channel is Trading 212. Give it a try by opening a free Practice Account within seconds at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
