Trendline Trading Secrets + 3 trendline strategies
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- Опубліковано 3 чер 2024
- Trendlines are one of my favorite trading tools because they allow us to explore market psychology and trends in many different ways and they are also universally applicable across timeframes, markets and market conditions.
How to draw and use trendlines 101
Generally speaking, it is advisable to wait for three confirmed points of contact before you start putting further attention to a trendline. Most traders make the mistake and connect the first two highs or lows and then get overly excited once the price gets there again. However, a trendline is only confirmed if you can get three points of contact because you can always connect any two random points on your charts. But when three points of contact are lining up, it is no coincidence anymore.
The next question that always comes up is whether you should use the candlestick-wicks or the candle-bodies to draw the trendlines!? The answer is confluence.
Whenever you get the best and the most contact points and confluence around your trendline, that’s how you draw it. There are no fixed rules about whether wicks or bodies are better. Just look for a trendline that gives you the most confirmation without beeing violated too much.
At the same time, consistency is very important as well. You should define for yourself how you draw trendlines and then always stick to that approach to avoid noise.
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A very simple and smart video, with my 9 months experience of forex trading and one thing I can assure is having a mentor or a tutor constantly guiding you can go a long way in making you successful.
Trading can be frustrating without constant supervision especially if you are newbie.
You have to try different strategies if you are an independent trader.
Alfie Simmons I am also inexperienced can you tutor me or who do you trade with?
I am supervised by the experienced Con. Edwin Earl and I depend on his trading pattern to make me profits.
It is all about having a special adviser to tutor you
I'm an Indian, and i watch your videos in 1.25X speed... Even then your concepts can understand 💯% crystal clear,....
Thanks for your every single video from your channel and God Bless 👍👍👍
wow, your clarity is amazing. thank you so much!
The phrase "never complicate Forex trading" this guy is the living example of that, I hope most Forex beginners will find his account before all others.
Love your concise yet thorough explanations with examples. Thank you Rolf.
I keep coming back to this video..... so powerful
Very well explained, highly accurate. No need for any indicators. Wasted lot of time chasing & decoding indicators which many videos suggest. Thanks a lot!
Thank you. Cleared up a lot of confusion on my charts
the best and the most understandable trendlines tutorial ive come accross so far.Good work!
Just purchased the book you guys wrote. ABSOLUTELY the best investment EVER in a trading book. Very well done
All your videos contain valuable information. Simple to understand and implement, great work!
This is the second video of yours am watching and am loving your lessons.
This video corrected my trendline drawing mistakes. Good video.
Excellent video, Rolf! In this session, you cover a lot of ground, from drawing trendlines all the way through to how to use trendlines in both reversal and continuation trades. Great work!
Your video's are precisely and straight to understand especially for a novice trader...
Great Explanation Rolf! I´ve learning a lot with your material!
That is great to hear
Very nice video, thank you. A point worth mentioning about trend lines is in up trends draw the line connecting the higher lows and for the down trend draw the line connecting the lower highs
Your videos are great!
You usually cover a lot and very valuable concepts
I think is is So far the best stratégie i've ever seen. Simple,elegant,low risk hight reward. I will definitely use it. Thanks Rold
Awesome. Hope you can use them effectively
THANKS FOR YOUR VALUABLE EFFORTS TO SUPPORT NEW BEGINNERS
Best teacher ever I have learnt
You're the best teacher I've learn a lot day by day from you mentor!
that is absolutely true .two weeks ago i made a program just like in university or school so each day of the week i do different things and my routine does not change in that way I don't waste time to decide what to do. If you want to learn forex you came to the right place.
I divorced all other forex videos and teachings after watching your videos your teachings are true and to the point i appreciate thank you
This video is simple, but by understanding it, we can solve complicated problems ... Thank you
I've watched a lot of trading videos, these are by far the best to learn from, great work
Wow thank you, Richard.
Please share my channel and my videos with your trading friends if you enjoyed it. I will make more videos, the more people watch :)
I decided to try Mr George maybe he can work out and ever since then he made me $14,000 for every $5,000 I invested in just 2 weeks
Mr George availability on WhatsApp
+ 1 3 2 3 4 9 8 4 0 6 5
You are the best. I have never seen free video in youtube better than you
This really helps me to understand on how to draw lines correctly.. thank you sir.. 💖💖💖
Great video. I Base my trading strategy on trendlines and EMAS and it works a lot. I learned new things in this video. Thanks for sharing. I bought your book, it is great. lots info in it.
GOD BLESS YOU..
HIGHLY APPRECIATED YOUR EFFORTS 👍
Trading Forex is fun when you know what you are doing,*The Huon Fresne Strategy* is consistent and profitable as confirmed by a lot of forex traders, google it.
I’m Suresh Kumar from Kerala, India. Happy to say, Very good explanation. Thank u and expecting more.
The way you teach is amazing and very simple... it's very easy to understand.
Thank you very much for Sharing your valuable knowledge with us free of cost.
Love from Pakistan 🇵🇰
Ads free video...👍 Thank u. Your teaching is really helpful.
Great explanation sir, many examples can understand more specially newbie like me. Now i can understand more by drawing a right trendlines. Thank you.
شكرا جزيلا
مجهود عظيم و محاضرة مفيدة جدا
Thank you so much
Great effort and very useful lecture
Lot of thanks, I am Bangladeshi
And beginner of forex trading, I watched your video continue It is vary helpful for me, thanks....
Thank you brother , you always make it simple
thank you i watched the video after 2years, perfect and educational
Very clear and valid points on trendlines.
I'm new to yr channel.
I'll try and watch as many of yr videos as possible.
Thanks a ton.
This is a beautiful video on trendline. I have added new insights to my trendline tool box.GBU
This is fantastic. It was an eye opener to me . God bless you for this wonderful strategies. Keep the good work on.
You are always good at what you do, thank you very much!
Great video for understanding in easy way thank you.
You are one of the beat I watched so far! I am watching all your videos and I will leave likes !!! Great stuff dude
Awesome! Thank you!
Really great explanation of Trend line, thanks a lot for priceless information.
Really very important and useful information.
Your teaching techniques are easy to understand, keep the good work on.
God bless you.
Finally thanks a lot.
Thank you sir rolf... very detailed! More power to you both sir.
U r an absolute genius.lot of people do not tell these things.thanks a lot
Thank you 😊 i needed to learn more about trendlines
Excellent explanation of using trend lines correctly thank you 👍
🙏 sir unik explenation of Trend line's patrons really u bild the confidence in my threading life thanks sooooo much🎉
Great explanation as always Rolf , the best simply explained trend videos on the web. How about a video with trend trading with supply and demand confluences. Thanks a lot for all your work.
you are awesome man, real contents real traders. its rare to find people like you guys!
Yes!
much appreciated for simplifying this strategy
You too make trading look simple and instill much more courage in people. I don’t wish for any better channel again.
Excellent - Just pure common sense. Thanks
Excellent coverage of trendlines. Nice learning experience.Thank you.
Hi it's really very good presentation, this is what i am looking for from the past few months.
I really like how simplify everything, thank you bruh
Happy to help
Another great video! Thanks a lot. Love your podcasts as well :)
Yay! Glad you enjoy the podcasts too
Awesome lecturer! Thank you!
Simple...
Smart...
Workable..
Thank you.
really help me understand the trend pattern thanks a lot pal
Price is an area, like support and resistance. In the example, it respected the area (trendline). It gapped up from the v bottom retesting the trendline and going back through it. You can see later that it did respect the line retesting it on attempt 3. I think it is more important to be consistent with drawing the trends making sure they all touch closing price of the bodies or wicks, not mix and matching. The trendline can act like a magnet, similar to the moving averages. In the real world they will be some violations, as the market at times is unpredictable, volatile and inconsistent.
Fantastic as usual.Thanks Rolf
Thank you..bought your book recently..looking forward to learn everything from it.
Thanks for the interesting lesson, you have a lot of knowledge Thanks
The bump and run pattern i find normally a divergence on the rsi to confirm a reversal. love the videos. thanks
Explained very well with examples .. Thanks a lot .
A big thumps up from an indian fan..your content is just awesome..thanks for effort.❤
Simple way to learn.... excellent
Brilliant, thanks Rolf. Clear and precise information.
Very welcome
thank a lot for the work you put in because am very new to all of this trading stuff and you are one of the guys I found to be very helpful great break down
Awesome. that is so cool to hear. thanks :)
Best trendline trading video!
great content, Rolf. Thanks a lot
This channel is my favorite 🔥🔥 more like my mentor
Trend line explained beautifully with example
This is golden ! Thanks again for sharing the knowledge !
Thanks for watching
I am small trader in indian stock market ..Thanks for this videos . Helpful for me ..
Thanks friend! I'm from Brazil and can understand perfectly
Thank you again! Great class.
Glad to hear :)
Thanks stay blessed!!
Thank you for sharing your knowledge with us.. I'm really learning a lot. From Johannesburg South Africa
You make this easy to understand.
Your way of explanation is worth to watch superbbbb👌👌👌👌👌👌👌👌👌👌👌👌
Awesome Video Rolf...You are amazing ...
Amazing video,as always!
You are amazing... Thanks, Always waiting for your new videos
Thanks for your clarity explain..
Very clear explanation...it is helpful
Thanks for your good analysis, which timeframe is the best to draw trend lines.
thank you Rolf. Great video.
Simple concepts. This will help a lot of people out
Thank you . So clear easy to understand.
Glad it was helpful!
I have learned a lot from your videos. thanks
The information is very imparting.thanks a lot
Another wonderful video. It all just makes so much sense. Plenty of aha moments. I'm trading a flag pattern at the moment and currently making. 4 : 1.
Could you do more on integrating other indicators. Thanks
You have simplied how to analyze the market, thank you for the knowledge
Good day can I please contact you for help
Thank you for sharing this Great content I have learnt a lot from your Videos... I appreciate your efforts thanks alot