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...
Even though I would love to day trade, somebody told me long time a go that the less you trade the more money you will make. All you have to do is to find the right set up...and I believe i just did that. Here is a great opportunity to enter a trade with an excellent risk to reward ratio that has the potential to achieve a profit target close to 3000 pips in the...
I believe the EUR/JPY is about to get done with the correction from the uptrend from the beginning of the month I'm buying at the top of the falling channel which has hold the price twice already today around 139.35 with a target of around 142.