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I thnk Trend lines are a visual representation of backing and safety. While the art of utilizing trend lines is frequently not correct and You see trendlines often does not exact because you do not have much knowledge for drawing trendlinees and that is drawn over turn highs or under rotate lows to show the common bearing of cost. :)
it shows lot of lines in the preview of your post. i did not try this. i should try this, when you are explain this clearly i hope that it is useful for you, why you hesitate to share with your tips.
A trendline is is line that follows the current trend in a the science of using trendlines is often be drawn between two or more price pivot points. approximate future actions of a trending currency pair. timing when trading securities. It can also be referred to as a dutch line as it was first used in diagonal line can They are commonly used to judge entry and exit investment .
Trend line is a line illustrating the price of a specific thing OR currency pair on the graph is called trend line and mostly used for the technical analysis because prices may also be indicated in digits, The main object of the graph is to analyze the market prices first and then make any order. It very best method.
I believe in trend! coz it will give good signal to us make trading so from the trend it i can make extra money that is Success in Forex depends on many reasons if the trend goes on wrong side i usually close the trading,because it is very uncertain whether it will turn back so it is better to close trading therefore you gotta apperceive your acquaintance actual well so But if that is far above the ground then i will slash that with a low loss.
hanji bhai trend line ko sirf bahut hei jada experienced traders hei use karte hai kyunki har koi sahi se trend line draw nahi kar paata hai,mostly traders sirf support aur resistance points ko dekhlete hai aur wo trend line draw nahi karte,mere hisaab se trend line draw karna aana bahut jaroori hai forex mein..Quote:
Originally Posted by fxghost
Good Day Everyone,
Yes the trendline is one of the most old and successful indicator that traders still using it until today and i am one of them because this kind of trading gives you good entry points with the minimum of risks and his profits are amazing so if you dont learn how to trade with you must learn now and make profits from it.
A line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame.Trendlines are used to show direction and speed of price. Trendlines also describe patterns during periods of price contraction.
trendline is a tool that we use, the advantage for using it one of them is to know the direction of the ongoing trend, be it trends that occur when the trend is bullish or bearish trend, with us using the trendline we can be helped to identify it.
trend line is the signal that show the tend of the market movement in a moment of time, so when the trendline is going up, so the market will get the high possibility to going up more and more until there is a fundamental news that have the big impact to make it slower