Channel Trading

Trading Discussion
1

Hi Guys,
Just Wondering if there are any Topics on Channel Trading,
and How you all get on with it,
I have been Channel Trading as One of my Strategies for 3 Year’s,
and could not do without it !
Thanks,
Russ

2

Hi,

As for me, channel trading is quite difficult and thus very interesting. That is why it will be great to discuss it. Price stays inside the range for 80% of time, while most of the strategies are trend-oriented. Most of the newbie traders are looking for trends, but the movements inside the range could create interesing opportunities too. This is the reason why the dicussion on channel trading will be useful.
It seems that channel trading is based on the reversal points occuring at the support and resistance lines, am I right?

1 Like
3

Yes,
I Trade the Daily on Swing Trades only,
with the Trend, Obviously,

I find the Dax, is Best for Me, as High Income,
although, what I do would Work on any Trade with the Trend.

Inside the Daily Channel, I find up to 4 Trades, on Swing, Buy n Sell,
but
When I Break it down to Day-Trading, I then Switch to 4 Hours or 1 Hour,

Has worked Wonders as One of My Strategies.

and
Although I have Google a bit, I have a Great Book,
in Laymans Terms, which got me Hooked on it,
and Really Spelled the Success to Me.

Thanks
Russ

4

Pls can you explain how you trade channels? Pls what is the name of the book you mentioned?

5

@RUS4REX
Please say more about what you’re doing. Channel trading is not something I do right now as I have not been able to make it work well for me in the past. Would be interested to understand more.