DAX SHORT The Power of Trendines and Trenchannels

TVC:DEU30   DAX Index
Today i bring you here some eduction which i found very helpfull
for traders.

The trend is your friend we are always told, but what is trend ?

To get easy in touch with a trend you have to check trendlines
which can be mixed with support and resistance lines
to check a trend change.

Trendlines need in minimum 2 trend points to draw.

Normally the trend is building up and in that case
the trend lines going more and more in the same direction
as i have marked it in purpe, till trend channel
is establised ( marked in blue)

If you found such trend channes the probability that these
trend continous is very high.

Please check for the red lines as short channel also. `
To have a closer look of trading i am writing a trading book
about my more than 10 year experience in trading
its free at the moment ,if you are interested in let me know by mail.

Good trades
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out