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Trading using Donchian Channels
Started Jul 5, 2011|Trading Discussion|33 replies
Well, I am new to the Donchian Channels and I found out about it a few days ago. I like the ...
I have only few days since I use them and I am in the profit side with it. I didn't calculate profit/ loss but I will in this thread. Thanks Constin
cadchf 1 hour trade — SL=25 pips. No TP yet image
eurusd trade — image The DC starts flattening out, the price plays between the white channel and above we have some reverse support. SL=7 pips. Lets see how it goes![]()
Well, I am new to the Donchian Channels and I found out about it a few days ago. I like the ...
It broke above the daily trendline and fib level. It might be the time for longs. image
Weekly support — Weekly support seen from 15 m TF. Let's see how it plays
image
Finally i got a chance to go to town an got myself a yagi antenna. I connected it straight to the internet aircard and gives me 4 out of 5 bars. An improvement over the stove pot antenna. It can be connected to the cell also. No doubt professional ...
After you place the indicator on the chart just go on lower TFs and you have to place trades first before the data will show.
I am sure you will figure it out unless somebody else has this problem.
If trading with the trend is an advantage then trading with more trends is more advantage. Please check definition 4 for the basket: url
I Just pick up any pairs that qualify for 3 trends rule from post 1 As many as they qualify for the rule.
I am ESL also. We are trying to figure out the SL and TP.
I eventually got the internet temporarily boosted till i have the time to find something better. All I hat to do is place the internet stick in a stove pot and point it to the work antenna. It's funny but it works
image