As much as we love the trend-line break trade, the best and least messy moves are straight up channel breaks.
Out of all our triggers (around 12 and counting) from last night the two strongest moves were WLT CMI channel breaks and not trend-line breaks.
Why is that? Because while you don't want a trade to be too crowded, you do want it to be on enough traders' screens for it to get momentum; trend-line breaks are just harder to spot for most traders. It's a fine balancing act between obvious but not crowded.
WLT 73 long alert
CMI 53 long alert
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