In this video, I set up a trading plan and introduce a trend line exercise you can practice in any market and in any time frame. There is no one right way to draw a trend line, it's a matter of function and what you are trying to see. We will be drawing a trend line off two relative (same size swings). This will identify the footprints of organized volatility on a...
Riding the Waves: Mastering Trendline Trading in Forex and Gold 📈✨
✅Trading with trendlines is a fundamental technique in the world of forex and gold trading. Trendlines help traders identify the direction of the market and potential entry and exit points based on the prevailing trend. In this comprehensive guide, we will explore the art of trading...
Hey Guys!
Just wanted to post a quick lesson on "How to Draw Legitimate Trendlines".
In this lesson, I explain the 3 rules that must be applied for a trendline to be legitimate.
1.) Trendline's attachment points must be on the wicks of a candle. Not the body of a candles.
2.) There must be at least 3 contact points on a trendline for it to become...
trend line trading seems so obvious and easy, many consider so basic. in this video i am showing you that it is an art and still have many points to learn to make sure your trade will win.
trendline trading :
1- the trend didn't end as long as you are having a h.h & h.l or l.h & l.l
2- when the price touches the trend is where you enter your trade
3- look for a...
Breakouts are found using Trendlines - Horizontal Sup/Res Ranges - Channels.
Finding the opportunity to see the 2nd or 3rd breakout increases breakout success.
Use a tighter stop loss on a 15m chart helps reduce risk.
If caught in a head fake - with a lighter stop loss - watch for another breakout setup.
Hold for a longer intraday or daily trend move.
