How to autotrade Support and Resistance in Forex - Part 10 - autotrading a trendline touch
In part 10 of our 'Zero to Hero' video series on how to trade forex using support and resistance levels we demonstrate a very short term automated trade on the USDCHF M1 chart. After initially identifiying a short term weakness in the USD we drew a trendline through two swing highs and configured the automated trendline trading system to execute an order if price action ticked within a 2 pip channel around the trendline. The order was filled and price action then broken down through the consolidation channel and tested the daily central pivot. The trade was manually closed out (profitably) for the purposes of the video editing process.
#autotrading #resistance #usdchf
Watch video How to autotrade Support and Resistance in Forex - Part 10 - autotrading a trendline touch online, duration hours minute second in high quality that is uploaded to the channel FX AlgoTrader 26 November 2019. Share the link to the video on social media so that your subscribers and friends will also watch this video. This video clip has been viewed 273 times and liked it 4 visitors.
