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EUR/GBP Donchian Channel Breakout Part 2

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Uploaded by on Oct 3, 2011

EUR/GBP trade taken on 9.30.2011 and closed out on 10.03.2011 using the Donchian channels for a breakout signal with a trend filter.

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Uploader Comments (PipdawgT)

  • Hey Mike...Actually I've been playing breakouts for a long time but after reading the book, "The way of the Turtle" I threw the Donchains up on my charts and liked them pretty well. You could just as well use a horizontal line but I like the way it draws the line for you. I'm using some other breakout indicators that I'm going to make some vids of. I've been traveling a bit recently and haven't been able to trade as much as I would like. It looks like I've missed some nice trades this week.

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  • Hey PipdawgT,

    Nice work...did you by chance learn this strategy from the turtle traders.

    Mike

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