Like others I rarelly used the trendline,and now i use fibonacci chanel and still learn to how to use fibonacci channel,its like trend line. I think may be maybe its work like other fibo,to know support's Resistance. Thanks everybody ...
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, in Forex trading follow the strongest trend direction daily and weekly analysis good for accuracy prior to the open position, a lot of harm because it does not fit the trend analysis that occurs in the daily and weekly, a small trend follow the trend of price movement
sir keep posting but share image for your strategy.. i hope you no heavy go given your strategy. :)
because i interested about use trendline simple and accuracy... how to use style trendline ?? maybe pattern in chart very needed and helped for use trendline. thanks
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Many business owners and managers find themselves caught up in a constant round of fire fighting. There just never seems to be a quiet moment and when you eventually get your head above water - its easy to get knocked back down again and find yourself fire fighting all over again.
Understanding trend line is very important for every forex trader. If a trader can draw a trend line perfectly, Get the support and resistance he will be succeeded in every trade. Beside this we need to follow some high impact news.
i always get puzzled where to put the range because when i see the data and have up factor and then i see there are 3 factors on the low i don't know which one to select as the low factor. i tried to study for some guidelines and guidelines but they all give different viewpoint.
Looks like no one attach their MT4 chart to discuss or sharing about Trendline.
Here is the sample of my chart maybe usefull for you my friend and to start discussing.
Erus I still wear indicator light bro ... Range + daily sweet spot (make a line that I think is the magic zone in the 00-14 and 50-64) A clear indicator of pubic hair without the cover price. Please stop by to tread CSR Plus to see my chart form.
Trend Line and Break Out
Discuss trend line strategy and break out or failed break out for pairs.
(1) use trend line: (a)Up Trend line (b)down Trend line (c) flat trend line /sideways (d) triangle/ascending/descending/climbing/flag pattern
(2)Head and Shoulder pattern or double bottom/top