Donchian Channel Breakouts on EURAUD 2013
Breakouts of the 60 bar high/low (Donchian Channel) on the hourly charts for EUR/AUD can be taken for good profits this year. Stoploss of 25 pips and take profit of 75 pips has been profitable. Don't trade in the same direction as the last trade if it was a winner. Only take advantage of the initial trend breakout.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.