Enis Taner explains trend channels and how you can use them to trade.
Trend channels are often used in technical analysis to help traders through the ups and downs in a stock or anything else that trades. Trend channels encompass the peaks in valleys over a long period of time and helps traders potentially profit from volatility.
In the video above, Talking Numbers contributor Enis Taner, Global Macro Editor at RiskReversal.com, explains how trend channels are made. He also gives a recent example of how a trend channel could have made you money – and signaled when it was time to move on from the stock.
To learn more about moving averages and how you can use them in trading, watch the video above.