[FX Video] Suburu-san actually demonstrated how to draw a channel line on a moving chart!
We were able to have professional trader Subaru-san demonstrate exactly how to draw a channel line right before our eyes.
Starting from the meaning of drawing a channel line, explaining the trading rules using the line, and how to identify practical points to draw the line, all explained for more than 30 minutes. A must-see for anyone aiming to become a channel trader! (Reporting: FX攻略.com Editorial Department, Takeshi Shikanai Umi)
What you can learn from this video
In this video, you will learn the following contents.
- Why draw a channel
- Timeframe used when drawing a channel
- How to read a channel
- Basic entry methods
- What are the principles of exit and closure?
- What the center line signifies
- Why prioritize mental steadiness
- How to identify lines that are actually effective
- Wicks vs. closing price
- What matters is the turnaround
- How much contact there is
- The idea of trying the next channel
- Whether many people recognize it as history
- Demonstration of drawing the channel line
- Handling gaps
- Always be aware of support-resistance turning points
- Should you fine-tune the line?
- Applied patterns for short-term entries
● Video duration: 31 minutes 57 seconds
Subaru-san Profile
A professional trader who aims to quietly earn 300 pips each month. Not a big power hitter, but a reliable earner who excels at small, steady gains like a well-placed bunt.
Twitter:https://twitter.com/M45FX
A word from the editor in charge, Shikanai
We asked Subaru-san to explain how to draw channel lines in a way that reveals the market flow, entry points, partial profit-taking levels, and stop-loss criteria, all in one go.
Because this is shown on an actively moving, real-time chart, you’ll be able to clearly understand the flow and the way of thinking.
How to view FX videos
The portion that can be viewed by those who purchase the article (at the bottom of this article) embeds the FX video. Click the play button to start the video.