I think support and resistance are used to determine entry points and exit points , levels of support and resistance are calculated by the number of prices reached a specific level, but you can use indicators for determined as the RSI.
Thread: Trend Line and Break Out.
I think support and resistance are used to determine entry points and exit points , levels of support and resistance are calculated by the number of prices reached a specific level, but you can use indicators for determined as the RSI.
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.
new investors can't understand pattern range so quickly that is the issue. but i think capturing the pattern is so essential for all investors. and for these we need to understand illustrating a 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.
We must remember not to go against the trend. And we should not put any order when a break take place. Because a false break may be at any time. We expect to have a clear idea about the trend.
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.
well trend lines is important in forex trading if you draw correct trend lines then you able to earn and take profit other wise it is difficult to you take profit to draw a tren lines you should know the points of high and low just take a mouse oon high price or low and draw its opposite direction now the trend lines will be draw.Originally Posted by abbey ak
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.
yes based on my opinion in forex trading i think before we lace our trade we just have to take much of our time to analysis the Trend Line and Break Out because the the better confirmation of the trend line we can earn more 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.
draw a trendline is easy because you only need to make a line that connects all the chart at a certain period so you should be able to determine the most appropriate time frame because it will affect the outcome.
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 breakout strategy is a good option for the forex trader to follow and it is a big pip gain strategy and it is also easy to follow even for the beginners and I think this strategy works more good on higher timeframe than the lower timeframe.
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.
intal (2013-06-02)
i heard from many trader. Trend is friend for all trader. so we all have to follow trend line in every trading.
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.
Draw a trend line is very easy, you can paint it manually by connecting each line bottoms or tops or you can use zgzag pointer to help extract tops and bottoms is not good at drawing a trend line and be sure to properly draw the line so that you can work on it in breakage or recoildraw a trend line is really hard for me, maybe for all beginner traders.for drawing trend lines is like an art. every trader has their way to draw a trend line .some traders from connecting wick candles, while others simply associating traders to open and close .but I believe this strategy is profitable
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.
draw a trend line is really hard for me, maybe for all beginner traders.for drawing trend lines is like an art. every trader has their way to draw a trend line .some traders from connecting wick candles, while others simply associating traders to open and close .but I believe this strategy is profitable
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
