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Thread: Trend Lines

  1. #1
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    Trend Lines

    Trend Lines

    Major trend line of of the simplest technical analysis tools used by analyst line graph, as it is the most important technical analysis tools.

    uptrend line as a straight line, heading to the top and draw the right direction along the ascending bottoms .



    The downward trend line, it is a straight line heading down and draw the right direction along the tops downside



    Confirm right Trend Line :

    After drawing a rising trend line, we may need to confirm the validity of this line, and so should the price will touch this line for a third time and bounce it up. We note in Figure 3 the success of the rising trend line in the test at the point 5, which confirmed then the validity of this line, and Figure 4 shows the line descending direction and applied to it the same rules applicable to the uptrend line, and also succeed this line in the test at the point 5 to vouch for its authenticity.

    The bottom of the above, is that we need two points to draw a trend line, and a third point to confirm the validity of this line.

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  2. #31
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    There are two types of trend one is up trend and other is down trend so the basic thing is how to draw trend line if we make a better choice then we got better results , but if we make wrong adjustment of trend line then we have fail in this trading , if we are focus only on trendline then we have to get some more knowledge about trendlines .

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  3. #32
    Trader Hukam's Avatar
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    Following trend is good no doubt, but there are so scenes in the market when a reversal can come very soon during the running trend and that is important to know that when is the right time to exit from the market, following trend can give us good amount of earning but we have to also use the reversal areas properly to earn good from some reversal trades as well.

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  4. #33
    Trader cutiekc's Avatar
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    Quote Originally Posted by Hukam View Post
    Following trend is good no doubt, but there are so scenes in the market when a reversal can come very soon during the running trend and that is important to know that when is the right time to exit from the market, following trend can give us good amount of earning but we have to also use the reversal areas properly to earn good from some reversal trades as well.
    It is knowledge and experience that will make traders get to understand on how to control the strategy we are making use of when trading. Trading is a risky business and the best way to succeed is to make sure that we have practised on the demo trading account the strategy we want to make use of. Trend is the main thing in the forex trading market and to have the good trend been followed as a trader you need to learn and practice to know the possible reversal point.

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  5. #34
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    Trading in forex market needs more time and understanding before you be able to make money from the business. It is a risky business and the only best way to make money is to learn more and understand the market. The trend line could be helpful when there is an uptrend, then you would be able to know where the market will likely get to and then reverse.

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  6. #35
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    Trendline is my favorite tool for making trade after support and resistence it is a good way to find trendline i also work according to your way ,but make it sure our trendline must be based on previous dates because it will more authentic then which trend line we are make on current sceniro .

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  7. #36
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    trend line is the more and more important things for account.it is the big support for the traders.every time good signal making to more success in real Forex trade. i love Forex trade and it is the real opportunity for us.

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  8. #37
    Trader musiliu's Avatar
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    Quote Originally Posted by layigold View Post
    It is no longer news that trendline is a powerful tools being used to make good analysis on trade in forex but I have discovered that trend line is most effectively used in lower time frame like 1H. This took me almost 8 months of research work before jumping into this conclusion and I would like to hear from other traders that make use of the trendline what their opinions are on this matter
    Trend line strategy is a great way to trade in the direction of the trend. If you understand price action very well, then you can easily trade profitable with trend line, the candles will show a lot of signals for you based on their formation when price touches the trend line, a good candle interpretation skill will make you know what to do when you see a doji or a hammer at the trend line,

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    Always have realistic DREAMS!

  9. #38
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    When I hear trendline in the market, I actually reason a very important way to trade. This is simply one if the best way out for many traders, and it is most especially the traders that are using it on the higher time frames, this is to launch the best for them, and to show that trading is simple when good strategy is used by traders.

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  10. #39
    Trader cutiekc's Avatar
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    The trend line is been used in making analysis, and so therefore if we want to make good amount of money when trading, then we need to make use of the trendline and other good tools we have in trading. Trading is a risky business so therefore the best thing to do when trading is making sure that we are doing the right thing, making use of the right tools when trading.

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  11. #40
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    Quote Originally Posted by cutiekc View Post
    The trend line is been used in making analysis, and so therefore if we want to make good amount of money when trading, then we need to make use of the trendline and other good tools we have in trading. Trading is a risky business so therefore the best thing to do when trading is making sure that we are doing the right thing, making use of the right tools when trading.
    we get positive responce from our trade if we make trade with trendline because it is the best way to plan and make positive trade we get desire results but we have updated system through we learn the point so we get good results about trading infact we have to use secure way for making good strategies .

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