Using Regression Channels for Forex Trade Selection and Analysis

Learn how to use the regression channel to trade forex. It highlights important areas to watch on the chart based on "typical" movement.

The regression channel indicator is one of my favorites for helping to see the overall context of how a forex pair is moving. A regression channel is not meant to show exact support and resistance levels, rather it just alerts us when the price has moved to an AREA of potential interest.

Once the price is near that area of interest we can watch for a specific pattern, trade trigger, or indicator level/movement to signal us into a trade.

Regression channels don't tell the future, but they do tell us how the price action has been moving, which may help with our analysis and trade selection going forward.

Full details on how to use regression channels here: https://tradethatswing.com/how-to-use-regression-channels-to-aid-in-forex-trade-selection-and-analysis/

Note that I use the regression channel indicator for forex trading, but not for stocks trading. While you could use it for stocks, since stocks tend to cover a much larger price area over time, I have found the tool less useful.

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#regression_channel #regression_channels #technical_analysis #support_and_resistance #eurusd #forex_trading #forex_analysis #forex_tools

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