ONE MORE TIP
Here is one more tip for trading inside of channels. Often before
significant Fundamental Announcements you’ll see such
consolidation patterns. This is because traders are waiting for the
news to see what will happen, and so prices don’t really move
much. Review the section later in this eBook on Fundamental
Announcements to learn how to spot the potentially big ones. If a
channel happens then see if you can pick up a trade or two before
the news. Be sure to exit the trades before the news happens so you
don’t get nuked by the news. After the news then go after the “After
FA Surfing” techniques.
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