Twitter talk: Finding it hard to find the time to trade? Look at time trading, then you know exactly when to look at a chart rather than where. » Channel Trading In Practice
It has been a busy last few weeks getting things up and running here again. I have enjoyed rambling on about a few different trading techniques that I think are simple enough for all traders to learn. Hopefully you have enjoyed reading some of it also. I am of course not preaching anything new, perhaps the odd twist here or there, but essentially it is tried and tested techniques with a dash of lime.

Hang on is that Ryan or Soap ... oh it is so hard to tell sometimes.
In the world of the squiggly line, it can be at times hard to find traders under the age of 60 who still trade indicator free. Someone I enjoy reading is Ryan O’keefe, a trendline/price action/support and resistance trader with a programming background. We have similar backgrounds in that respect and it is ironic we both approach trading from roughly the same area.
Just to clarify, I don’t know Ryan from a bar of soap, actually chances are I would spot the difference, but if you enjoy what you read here, you may enjoy what you read there.
I mention his blog, not for promotion (I’ll take a 40% cut thanks Ryan if you are reading), but to mention one of his articles that highlights the power of trading with channels which I wrote about recently. My article set out the very basics of what you can use them for, but Ryan shows nicely in this post on a profitable trade he took on the dollar yen just before the drop over the past few months. You can read his post here.
I will let him describe the process of his trade on his blog,but it highlights what I could only mention briefly in the article. Trading channels, and their perpendiculars with the long term view in mind can provide some excellent signals.
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