We have learned about mouteki method to catch the sell signal in the Chapter One . Now we will learn how this method helping us to catch a buy signal. The first things, the opposite method with sell order, to make a buy order we should define two resistance points.
Mouteki method is the profitable trading method which provide us the signal to enter a trade at the beginning of trend reversal. This method also called indicator-less because it didn't need any indicator. The important things to learn this method are we understand about Support, Trend line and of course we could drawing at Meta Trader Chart
Today I will introduce you to a profitable forex trading strategy, called SHI Channel Method. SHI Channel indicator has created by Shurka & Kevin. The SHI Channel indicator and as the all of the channel indicator uses the highest high and lowest low of the price to determine the upper and lower bands of the channel.
The Parabolic System, developed by Welles Wilder who also developed the Relative Strength Index (RSI), is usually referred to as the Parabolic "SAR" (stop-and-reverse). Mr Wilder designed this indicator to supplement the other trend-following systems.
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