Buying the higher low

FX:GBPUSD   British Pound / U.S. Dollar
35 1 5
We have always been told that to be successful in trading we have to buy low and sale high. But the thing is when to know when it's high or low enough, well... trading the channel its an excellent way to spot high and low points. By tracing a line through the lower and higher points we draw the channel and depending on the direction we buy the higher lows or we sale the lower highs. Happy trading.


Nice! Thanks for the comment!
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