ForexBoat Trading Academy

Live Trading Example – Trading Channel Swings – Unsuccessful Trade

Trading Channel Swings Unsuccessful Trade - Live Forex Trading Example

Hello Traders,
In this very educational video from Damyan attempted to trade a bullish channel swing. He entered a long trade on a bullish bounce from the lower level of the channel. However, the price action broke the channel downward, giving an exit signal.

After all, in Forex there are losing trades as well. The important thing is to implement an efficient risk management system in order to be protected when trading!