So, What is The Best Pair to Trade using Chanelling?
Thursday, September 08, 2011
What is the best pair to trade using chanelling Technic?
According to Investopedia, Channel trading is a powerful yet often overlooked form of trading that capitalizes on the tendencies of markets to trend. It combines several forms of technical analysis to provide traders with precise points from which to buy and sell, put stop-loss and take-profit levels, and much more! This article will show you how to create and effectively trade these amazing instruments.
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23 comments:
It never occured my mind that you combined those things to leverage income.
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When using the channeling technique in forex trading, traders are looking for price movements that occur within well-defined channels or price ranges. The goal is to identify the upper and lower boundaries of the channel and then enter buy (long) positions near the lower boundary and sell (short) positions near the upper boundary.
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