60 likes | 329 Views
Trading the channel is very much profitable in the forex industry. Professional traders use the “Channel Trading System” to trade in the direction of the trend. A channel is very much similar to that of a trend line. http://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signal
E N D
http://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signalhttp://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signal
http://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signalhttp://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signal
http://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signalhttp://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signal
Advanced channel trading strategy using price action confirmation signalTrading the channel is very much profitable in the forex industry. Professional traders use the “Channel Trading System” to trade in the direction of the trend. A channel is very much similar to that of a trend line. It contains two parallel lines with at least three connecting points. Some traders tend to draw ascending and descending trading channel by forcing the point to join with the parallel trend line. It’s imperative that every single point is joined smoothly while drawing the channel. Since we are taking about advanced channel trading strategy we will be taking our trade entry in the direction the trade in the third time. In order to draw the valid channel, we will use “two connecting points” so that we can trade the third point in the market. http://investmentforex.org/advanced-channel-trading-strategy-using-price-action-confirmation-signal • Price - action