Hi cbrock5000,

Thanks for your contribution. I am continuing to look at Goldenequity's waterfalls/fans and RC's without other indicators and have been experiencing difficulty with exits and entries - getting caught in price reversals.

I'm hoping you'll expand some on your use of channels...some of what you have said I don't quite follow. If you have the time/interest in contributing further, a few more chart examples and some detail on the drawing the channel would be much appreciated.

For example, I'm unsure how you draw the channel on the current day chart when the price has changed direction and, of course, the day hasn't begun.

cheers