Channeling Up
So we find ourselves Channeling up against the trend line from early August highs… Which is also the 38.2% (see gray oval) retracement from 1.1877 to 1.3334. Momentum to the upside seems to be fading, but a breach of the downward trend line would suggest other wise. If so, I would be looking to short at 1.2875 for 1.2365
Learn to trade forex 
Hi
I use TOS. Can you tell me your setting for Volume Profile.
Thanks
Manoj
Hi Manoj,
For forex it is TPO Profile, I use two. One is chart, ticksize, yes. The other is day, ticksize, no.
-tx
Thanks.
Your charts are good. Do you post everyday the POC, VAH and VAL?
Manoj,
No, I don’t. You can get them from http://www.ensignsoftware.com/ , or http://www.pivotfarm.com/ Pivotfarm used to be free, now they charge for the levels. I’m hoping TOS will implement Value Areas in their native profiles.