Hello David,


I have some questions about Channel Trading on the FOREX market:

I am currently using the 1-hour chart for Channel Trading and I understand that a new candlestick appears on the beginning of each hour.

My question is should I create an Entry Order for Channel Trading at the very beginning of each hour?

Or can I just create an Entry Order once the candlestick touches the target trendline even though current hour is not yet finished?



Thanks!


Regards,
Jeff