Trend Line and Break Out.

[nadimin]

Trend line is an old strategy that have bigger accuracy between almost of hundreds indicator. It accuracy about 70-80%. To cover 10-30% failed or unpredictable, we used Money management. IT can be Averaging, martiangle, Reversal, Stop loss. Both of this Money Management have weakness and strong.only using when london market to make a good result and only take 10 pips

[patotcho]

--I am a newbie here in the forex market.I want to know that the system supports which
indicators and by these indicators can we get strong signals to get a good profit in the forex market

[ernestina]

Trend lines is a way to show you the trend. You draw trendline to meet the swing high of respective candles (in uptrend) or swing low (in downtrend). You can be sure that if price break the trend line (especially on big time frame), then the price will continue to run in the direction of the trend. The trendline sometimes act as support and resistance for the pair that you are trading but this S and R points are not as strong as the normal Support and Resistance zones.

[viana]

thank , it's useful for me , I think it'll crease my knowledge about forex , but it not right for every case, something I see it wrong , and i lost a little money for it (not a new event in this time ) , i think it should only reference

[dmambi]

Well some people believe in chart patterns, trend lines etc. whereas some people won't believe them. Some people believe indicators and some won't . I think this is what driving the market crazy. Since everybody is unique in thinking and analyzing one should follow what is comfortable and profitable to him. I am though not drawing trend lines on charts, i do use them occasionally in my trading.

[abbey ak]

well i think the main point where most traders need to analysis on is the break out and the trend line and getting confirmation surely go a very long way because with break out together with confirmation we can always trade and have our mind at rest that what i really think based on the experience i have in trading forex

[goldenmember]

I never really believe in many of these chart patterns. You can look at one and say - oh thats a head and shoulder, and if it doesn't and goes the other way it suddently becomes a bull flag pattern. It is very unreliable and is always a retrospective thing.

[forexdon]

i think you are asking about the signals shape some time signal goes to the upward direction some time it goes down some time some time it move like a upward and downward together some time it have a sine wave form some time it have a cone wave form each time market situation is different

[Forex_Fighter]

there is no doubt that trend line is a very powerful tool that every trader must learn how to draw and get his entry level from breaking this line trends , but as an advice you may use an additional indicator that will help you while entering the position such as macd or rsi , or osma indicator

[FREEDOM]

Breakout trendline it means reversal trend and this strategy is very good to achieve a lot of profits. And the nightmare for breakout strategy is false breakout which caused trader to suffer a heavy lost. We should aware about false breakout and wait untill candle closed to confirm the breakout.