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Medium-and long-term trade in the channel

Medium-and long-term trade in the channel

term trading forex - this trade for several days to several weeks.

Theory-term trading based on the assertion that the market "is a good memory." This means that to analyze the support and resistance levels in some periods of time are quite dolgo.Shirina medium channel in the major currency pairs can be anywhere from 150 points to 400 points. < / p>

  • Opening a position to buy in the medium channel forex : It should be open when the price support line and rebound from the lower limit 30 points, stop-loss should be set no lower than 50 points.
  • opening short positions in mid-channel forex : It should be open when the price resistance line and rebound from the upper limit of 30 points, stop-loss should be set no lower than 50 points.

Medium-commerce offers the chance to get very good profits, but it is necessary to have a good opportunity to hold the position at least a few days.

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