Euro / Australian Dollar
Education

HOW TO TRADE WITH CHANNEL

1 397
Channel strategy is a simple and complicate strategy.

A. Using it with Elliot Wave to follow a trend.
Follow the trend by "buy low, selling high".

B. Find a new turnover trend by a channel retest.

C. Find a continue wave by a sideways channel breaking
through.

Risk Management:

A. REWARD/RISH >1.5

B. Risk <2%

C. Move SL to TP1 or TP2 to protect your profit

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