Where do get details regarding Trendline | Forex Factory

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Where do get details regarding Trendline

  • #1
  • First Post: Jun 1, 2007 8:16am Jun 1, 2007 8:16am
Where do get details regarding Trendline ? I want to draw trendline, what is the rules ? Please help me,


Thanks in advance and really appreciate that !!!
  • #2
  • Jun 1, 2007 9:12am Jun 1, 2007 9:12am
Quoting pbaskhar
Where do get details regarding Trendline ? I want to draw trendline, what is the rules ? Please help me,


Thanks in advance and really appreciate that !!!
Drawing trendlines is a highly subjective matter. Thus there is no strict rules of drawing trendlines. An effective way is to draw trendlines around support/resistance. You may check James16 Chart Thread and see how do they draw their trendlines.
http://www.forexfactory.com/forumdisplay.php?f=91
or Jacko's thread
http://www.forexfactory.com/showthread.php?t=27286
  • #3
  • Jun 1, 2007 9:50pm Jun 1, 2007 9:50pm
also

http://www.forexfactory.com/showthread.php?t=30355
  • #4
  • Jun 2, 2007 3:43am Jun 2, 2007 3:43am
Quoting pbaskhar
Where do get details regarding Trendline ? I want to draw trendline, what is the rules ? Please help me
How about Point and Figure chart? It is easy for me to draw the trendlines.
At first we experience a sensation that we see color blindness test chart though...
For example, this is the USDJPY daily chart which I use every day.
(Reference book: Point and figure charting:The essential application for forecasting and tracking market prices,3rd edition by Thomas J. Dorsey)
Attached Image (click to enlarge)
Click to Enlarge Name: WS000259.JPG Size: 76 KB
Peace and Happiness through Prosperity (by Konosuke Matsushita)
  • #5
  • Last Post: Aug 15, 2007 4:37am Aug 15, 2007 4:37am
Quoting ojossua
Trendline is one of the most important tools in forex trading,on my platform which i am using which is north finance,i don't know how to use for trendlines and how to trace lines on MACD and PRICE for confirmation of where the price is going.
You could also try searching on this site, or on the web
While you're finding out more try this site http://www.incrediblecharts.com/tech...trendlines.htm
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