If you struggle with what timeframes to analyze longer movements before entering trades, this video is for you.
I personally struggled with multiple timeframe analysis. I thought I had to use every timeframe to enter a trade. It wasn't until I got clear on the type of trader I was and stuck to two timeframes at a time is when the market began to become more...
Characteristics:
Channels are banded current trend-following indicators.
Similar to other indicators they lagging.
They have an upper and a lower line.
Upper and lower bands are at equal distance from a middle line.
The area between the upper and lower lines in the channel.
Signals:
The upper or lower line breakouts.
The upper and lower lines bounce...
Happy Sunday!
Please go easy on me for my first video;) I have had good responses to my ideas and even been requested to do a breakdown on how I trade. I hope you all find that this video makes sense and you don't find it boring!. This is a pair that I am eyeing up for this week, obviously the video breaks down as to why I will be taking this trade.
I like to...
