Thread: Trend Line and Break Out.
It's not that hard. Open your MT4 platform and change your chart to line chart instead of candlestick. Now draw the trendline. Also keep in mind support and resistant is a zone not just a price point. It might also break your zone and come back and go the other way around. You have to have enough experience to be able to tell which way it will go next.Originally Posted by agitiga
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Wow, seems very simple.
The trick is to draw the CORRECT trendline at the correct timeframe, maybe?
By the way, can you please share what is the value of MA you are using?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
trend line is good for use because of its high profitable level.
I will add of techniques and the trend line break this out. please use zigzag indicator and the indicator pivot and support and resistance or you plug in high low retrachment Fibo one day ..
after that you put indi trend line. and when there is a hammer candle pattern (in support trend line and bottom line) and hangingmnan (in resistance or trend lines line up) ... you can do the open position.
accuracy was high when the incident occurred on the daily time frame or H4 ..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
forex traders to see trends can use auto trend indicator, Cross ma, and Bollinger bands, rather than manually better indicator trend line, because it is more accurate to quickly see trends quickly, we can open and close positions according to trend analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think, this is to analyze the trend by drawing lines in chart. I am interested to know this, please explain this with chart. Or all me good like forex forum indian thanks
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I have tried to learn how to draw trend line but I am unable to draw a good trend line. Can anyone draw a good trendline
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Personally I love this. I am expert in. you find out R and S and place order and get profit. When you place order you should give Stop Lose and Take Profit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The trading trend lines are the basics of technical analysis.
What i have always found confusing is that if you ask
10people to draw a trend line you usually get 10 different line.
Thanks
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Am so happy to see folks using trendline in their analysis, i have been using it for close to three years now, i must say its very reliable with close to 80% most of the time, but would nt mind to hear from you guys, if there is any other indication one can combine to make it more superb.
thanks
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
trendline will provide a clearer picture so you do not have to bother thinking about other things while experiencing other conditions with few opportunities seem to be getting off on all market position.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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