One of the easiest technical analysis tools to learn and use, channels are simple but powerful trend indicators. This week, Chris and Alison discuss how to use channels correctly to find the best trade entries and exits, how to increase their accuracy with other technical analysis tools, and the common pitfalls to avoid.
Link to the page discussed at the end of this episode: https://fxscouts.co.za/news/outlook-grim-for-the-rand-as-fundamentals-converge/
DISCLAIMER
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
Version: 20240731
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