Tag Archives: Trend line

  Auto trend line Channel Surfer indicator   When we look to find a trend, we will be looking at the timeframe we are trading and the next higher timeframe, but the focus will largely be on the timeframe we are trading. A trend is a continuous move in the market either up or down. During a trend, the market will make small …

  FXboOM #2 -LPR Trading Strategy   By // fxboom.com/booms.html   FxboOM #1 Pro 624 Trading System   TRENDS & CHANNELS: We have three types of trend; The Primary trend, The Secondary Trend and The Minor Trend. These could be drawn out into channels. The Primary Channel, The Secondary Channel and The Minor channel. To begin with, we must first …

Triangles Chart Pattern A triangle is a corrective chart pattern where the price moves in between two converging trendlines. Trendlines are used to identify the triangles, and depending on the slope, triangles can be classified as: symmetrical, ascending and descending. A triangle is completed by a break of the upper or lower trendline as the price approaches the tip of …

Trendlines & Channels As mentioned earlier, a trendline is a straight line drawn over the price to connect the swing highs in a downtrend, or under the price to connect the swing lows in an uptrend, to represent the main direction of price and to identify areas of support and resistance. Pivot points are essential in drawing trendlines. Pivot points …

What Is The Trend ?   Before we get started, we have to determine what a trend is before we can trade it. A trend, to a trader, is based largely on the timeframe they are trading. As you have learned, the 2 most important timeframes, as far as I’m concerned, is the timeframe you are trading and the next higher timeframe. …

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