Off Topic: Leon Wilson's Price Channels

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Leon Wilson's Price Channels

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URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=570
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Topic: Leon Wilson's Price Channels

Posted By: meldeans
Subject: Leon Wilson's Price Channels
Date Posted: 22 Jul 2009 at 8:44pm

Hi,

Having recently read Leon Wilson's Break Through trading - I was wondering if any experienced traders had looked at the use of Price Channels and Directional Channels for trading in either weekly or daily time frames.

From my looking it seems the daily use of price channels may have some interest but the weekly price movements on most stocks I looked at exceeded most of the bull and bear bands in one week.

Leon's testing realtes to 2000-2005 and not sure how well it would realte to current markets. I don't have TradeSim to test it - but was just curious if others may have used it.

As he doesn't have his website up anymore I presume he is still very ill.

Cheers

Dean