Welcome to Channellines!

Channel lines started as a pure technical analysis site based off traditional technical analysis of trendlines and their paired parallels. All technical analysis patterns and principals are based off channels (inclining and declining trading ranges) and their interaction with other channels of different slope or time frame.

I took it one step further. The "why" behind technical analysis! Why does it work, why does it not work? Is there a better way to play the markets and be more consistantly correct and profitable? There sure is. All based off the principal of providing liquidity, or taking the "other" side of the trade.

This site is now taking a different direction, we (my trading partner(s)) and I, are using this site more as a trading journal. We will list our positions, in part, and discuss various topics and thoughts throughout the trading day. I encourage the learning process, not relying on a crutch to help you with your trading. The primary purpose of the blog will be just a place for us to write down ideas and thoughts, not to educate (although we will, some), not to assist in your acquirment of monetary gain, but a place to interact with other market participants. My name is George Swanson, also know as Winace. My trading partners/account owners are present, I will allow them to present themselves and reveal whatever of their identity they are comfortable with. Enjoy the trading day, I wish you the best in your market journey.


Tuesday, July 14, 2009

ProphetCharts: QQQQ


Slightly different ratio of numbers, for a different entity basket trading the NASDAQ...

For the Web's best interactive charts, please visit http://www.Prophet.Net

Posted by Winace at 7/14/2009 10:21:00 AM View Comments

ProphetCharts: QQQQ


Nothing marks internal channels like gaps and spikes. You see one here? See if it is not reacted to/

For the Web's best interactive charts, please visit http://www.Prophet.Net

Posted by Winace at 7/14/2009 10:18:00 AM View Comments

Monday, July 13, 2009

ProphetCharts: SPY


Yet another line of resistance. Added to SPY here.

For the Web's best interactive charts, please visit http://www.Prophet.Net

Posted by Winace at 7/13/2009 02:16:00 PM View Comments

Fwd: ProphetCharts: QQQQ

Try to post again, an internal channel.






For the Web's best interactive charts, please visit http://www.Prophet.Net


Posted by Winace at 7/13/2009 12:19:00 PM View Comments

Fwd: ProphetCharts: SPY

An internal channel on the Q's


A re-test of the broken H&S on SPY also????





For the Web's best interactive charts, please visit http://www.Prophet.Net

Posted by Winace at 7/13/2009 12:12:00 PM View Comments

Fwd: ProphetCharts: DIA

Re-testing broken H&S neckline????

---------- Forwarded message ----------
From: <channellines@gmail.com>
Date: Mon, Jul 13, 2009 at 12:08 PM
Subject: ProphetCharts: DIA
To: channellines@gmail.com





For the Web's best interactive charts, please visit http://www.Prophet.Net

Posted by Winace at 7/13/2009 12:09:00 PM View Comments

Facebook

I am working on my facebook account... figured I'd put everything at one place, and facebook looks to be the way to do it. This way I don't ignore the in-laws while making coin! There are just too many lines of communication, Disqus, Twitter, Blog, Facebook, etc... etc...

I really am not that familiar with Facebook, so be patient, it may not be too attractive! Feel free to add me as a friend! Search me out, shouldn't be too hard to find.

Lengthy posts and charts, etc. will be posted here, of course, and I will ateempt hyperlinking whenever possible.

Have a good morning, hope the markets are treating you well!

Posted by Winace at 7/13/2009 09:41:00 AM View Comments
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