Develop essential finance & trading skills with expert instruction and practical examples.
Many people who want to benefit from Forex trading do not have time to watch trading screens all day long. Channel trading allows you to trade entry and target points into the future using pending orders. This allows you to automate your manual trading so that you only need to review the charts once or twice a day.
The course covers topics such as how to find channels, the rules for channel trading and advice on the tricks and traps of Channel trading. An MT4 channel indicator is included in the course that will automate the drawing of channels for you. There are many other reasons why Channel trading is so popular: It produces exceptional results with good success ratesIdeal for US based traders as FIFO, Hedging and leverage are not limitations.
Can be used in range bound and trending markets. Very few trading techniques are successful in both types of markets. Decisions can be made using any time-frame.
Better results are obtained using multi time-frames to make your trading decisions. Can be highly mechanical and rule based. This makes it easier to learn and teach and automate.
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