Channel Trading Simplified

Thanks for the response. I wasn’t able to enter the first short as the price missed my limit order on the retest by a pip. I will try using the channel projection as my entry point next time for the long trade instead of just a support line. I ended up getting stopped out by half a pip before it turned but it left me open to catch that big move once price retested the high of the top channel. I am getting great results using your strategy so far but have obviously had to dumb it down and just take the most obvious opportunities. Trying to implement the 50 percent pullback for entries with some success but pretty lost once you start talking about the micro channel entries and projections from those tiny bounces. Great thread though.

Hi
40 pips yesterday but took profit early in a one directional move.
Enjoy

Hi
48 pips last night with a fairly choppy session initially.
Enjoy