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dojitrader

Trade The Channel OR Trade The Breakout ???

Australian Dollar / Japanese Yen (FX:AUDJPY)  
dojitrader  
FX:AUDJPY   Australian Dollar / Japanese Yen
1
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A very successful trader once said,"trade the channel until proven otherwise."
So, I'll plan on trading the channel - with the help of the candlesticks -
and when the channel breaks look for a retest for an entry
or just a stop and reverse.
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