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Sam@ezeetrader.com

4 Comments

  1. Gill-Reply
    April 5, 2013 at 12:05 pm

    What is the rationale and strategy for buying at the top of the GBP/USD channel as you are showing? Would it not be a good thing to buy on the pullback at the lower end of the channel and then add to a winning position – curious as to why you would do this – it obviously works for you and would value some of your teaching about it. Glad you are feeling better!

  2. Charlie-Reply
    April 5, 2013 at 2:52 pm

    I didn’t buy at the top of a channel – I bought the pullback at 1.5205 and then added on the breakout so yes was then adding to a winning position. by all means explain some more but your comment is confusing? Yes its had a lovely run today. bought on the pullback, added on the breakout…

  3. Fred-Reply
    April 5, 2013 at 3:14 pm

    When you talk about the channels, what´s that.

    I guess on the video it´s the white line, EMA??

    Keep up the good work!!

    Fred

    • charlie-Reply
      April 5, 2013 at 3:45 pm

      Hi Fred, I don’t think there was in fact a channel for that trade – Gill has confused you – and me! But if you are referring to the daily charts I looked at then yes there were some nice channels in place that have now been broken….

      charlie

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