Here's a free e-book for trading daily charts

[topsi]

Thank you for the book.
It is good to answer questions as well.
congratulations

[michael dunbar]

Apologies for not posting more....

Looking at the daily charts of GBP/USD, AUD/USD and NZD/USD, you can really see how the ATR channel keeps us in the trend. It doesn't always work out like that of course but, when you're going with the major trend, it is a great tool to have.

For future trades, I'm keeping an eye on the USDCHF, will only get in on a short trade, looking for a cross AND a break of recent resistance at 1.1960 area. For GBPJPY, would love to see it spike to the 28EMA before heading back up but will probably take a long cross anyway. Not touching USDJPY at the moment.

Keep posting your own thoughts and keep enjoying the daily charts.

[michael dunbar]

I've made an addendum to the ebook as I felt it didn't have enough real-life examples. So, I've put together a study of four months of GBP/USD detailing trade choice-by-trade choice.

As I've used up my attachment allocation on this forum, you can download the updated book from my site here.

Good trading

Michael

[michael dunbar]

I'll try to post some of my trades in the next few days. Anyone who is trading the method - post what you're doing.