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Note: if, after construction of the trend line, you saw a new divergence or surprisingly a later peak at the indicator CCI should redraw the trendline and the follow items 3-6 (above) or remove it.

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At 21. For the buying and selling rules, refer to this chart below showing you the buy and sell setups: BUYING RULES Draw a downward trendline and wait for price to break it, which means a candlestick closes above the trendline. Nowadays, this internet hosting alternative is best for knowledgeable traders and investors because it's actually a paid service.

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Assume Foreex want to buy 10,000 because you think the price of EURUSD will go up. While the Donchian channels discussed in Start used in this trading strategy, they are plotted in our sample chart in Figure 2 for reference.

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