Trend Line and Break Out.

[slametzz]

I think to draw a trendline all that should be done by all the merchants, and to draw it probably is not as easy as turning the palm of the hand for that much needed pengalamn very much and also the knowledge that many of them

more and more experience. the more clever we observe the price movement market.With trendline draw a line we can know the price trends, daily. weekly and monthly to determine the position.

[onlinedollars]

when i want to identify any shape like head and shoulder or inverted one or flags which the forex are full with
i don't use candles i use line charts or bar char thats make them most clear and about the trend i use a n indicator to draw it

[pish]

trends are very hard to identify and very dangerous if you bid to the wrong side.
A trend moves to your advantage and helps you know a lot of good options because you can enter and exit the market following a certain direction. break outs can also ruin your trades.

[md mofizur rahman]

One must should know the market trend then according this you have to open buy or sell tread. You can drawing trend line 2/3 point on high and 2/3 point in low prices. Then easy to find the break that break the trend line.

[Ramnit]

Also watch for OB V line breakouts, when the OB V breaks its established trend (see Breakout Signals). Since OB V breakouts normally precede price breakouts, ...

I think to draw a trendline all that should be done by all the merchants, and to draw it probably is not as easy as turning the palm of the hand for that much needed pengalamn very much and also the knowledge that many of them

[rebate lover]

simple strategy
OP with breakeout trendline

---------- Post added 10-05-2012 at 03:41 AM ---------- Previous post was 10-04-2012 at 04:08 AM ----------

There are some tools we can use to identify breakouts. One of them is an understanding of the chart pattern such as we have discussed in previous articles. Breakouts can occur as a continuation of the trend sebuat, or it could be a major reversal of trend.
On market breakouts often occur at a certain price level, for example, when the price hit a support level-resistant, Fibo level or high-low daily or visible pattern-specific pattern as above.

[erumozor]

Yes this is one of the best way trading this market at any time understanding how to draw trend and get it accurately

[dollar]

trading with breakout trend line is good idea but its really not a easy. if we are going to trade with this method then there is also need a lot of things. some time trend line breakout is not true there are a lot of noise so need to clear all noise of false breakout.

[FREEDOM]

So, if you want drawing down trendline then you need connect from high swing to another high swing and vice versa for uptrendline connect from low swing to another low swing in D1 time frame and choose the previous candle as your direction.

[turborx15]

Wow friends , awesome share. It's nice thing and rules for forex trading buy sell. Beginners should follow this rule. Thanks a lot friends.