Technical analysis changes continuously. In the past, traders looked at the market’s basic concepts. Today, the personal computer allows using complicated functions. A linear regression channel is such one. A regression channel and channel trading strategies derived from it are statistical functions traders use to forecast prices. Furthermore, technical analysis splits in two. One part […]
Technical analysis as we know it today would not be the same without the channel indicator. Forex channel strategies derived from it are popular among retail traders. Moreover, the channel indicator MT4 platform provides is useful in many ways. Every retail trader heard of the Forex channel indicator MT4 and the advantages of using it. […]
Every trader knows the Forex market spends most of the time in consolidation. This simple statement makes everyone looking for a perfect Forex breakout strategy. Breakout trading allows great risk-reward ratios. Because of this, Forex breakout trading strategies are popular among traders. What drives people to Forex trading is the ability to make money. Quick […]
This live Forex trading example combines two important events on the 5-minute chart of the GBP/USD Forex pair. This is the interaction with a Forex resistance and the followed channel breakout. This created a nice short trading opportunity on the chart, which I took advantage of. Signals of the Short Forex Resistance Trade The GBP/USD […]
