ARTICLE SYNOPSIS...One longstanding and fundamental charting technique is the use of price channels. Here's why so many techniques are based on the concept and why technicians consider them so useful
ARTICLE SYNOPSIS...Price channels, also known as Donchian channels, were developed by Richard Donchian (1905-1993). Donchian was a pioneer in the field of commodities and futures trading. In 1949 he established the first futures fund. His rule based trading system became t
ARTICLE SYNOPSIS...Price channels reveal both trends and trading ranges but also powerful trend reversals such as what may be happening in the bond market, right now.