[Video] We had Subaru demonstrate how to draw a channel line on an actual working chart!

We had Subaru, a professional trader, demonstrate exactly how to draw a channel line right before our eyes.

Starting from the meaning of drawing a channel line, then explaining the trading rules using the line, and how to identify actual points to draw the line, the explanation extended for more than 30 minutes. A must-watch for anyone aiming to become a channel trader! (Editorial: FX Strategy.com Editorial Department, Takeo Shōji)

What you can learn from this video

In this video, you will learn the following contents.

1. Why draw a channel
   
2. Time frame used when drawing the channel
3. How to read the channel
4. Basic entry methods
5. What are the principles of exit/settlement?
6. Meaning of the center line
7. Why we prioritize mental stability
8. How to identify a working line
9. Wicks vs. closing price
10. What is important is how it reverses
11. How often it tests
12. The idea of trying the next channel
13. Whether many people recognize it as history
14. Demonstration of drawing the channel line
15. Handling gaps
16. Always mindful of channel reversal
17. Do you fine-tune the line?
18. Practical patterns for short-term entries

●Video: 31 minutes 57 seconds

Subaru’s Profile

A full-time trader who aims to accumulate 300 pips per month with a relaxed style. Not a heavy hitter, but earns steadily with a style akin to executing a sacrifice bunt.

Twitter：https://twitter.com/M45FX

A word from the editor in charge, Kanu

I had Subaru explain how to draw channel lines in a way that reveals the market flow, entry points, levels for partial profit-taking, and criteria for stop-loss all in one go.

Because he demonstrates it on a moving, live chart, I think you’ll get a good grasp of the flow and mindset.

How to view FX videos

The section at the bottom of this article, accessible to those who purchased the article, embeds the FX video. Click the play button to start the video.