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My way of trading by Using trend line , BL line & febo level 76 replies
Need help- alert when trend line crosses price line 8 replies
'Averaging Down Is for Losers' - valid or not? 27 replies
Automatic Trend line, trend channel, support, resistance detection 3 replies
How do you determine when a strategy is valid and profitable? 29 replies
DislikedWas this a valid trend line that is now broken? Or was this trend line never valid because the April 30th high that it is connected to was never a swing high?Ignored
DislikedHi threei,
If I could give you one bit of advice, it would be to never draw another trend line on a chart again. They are misleading fiends!
If its going up, its going up - you will be able to see it. Same for down. If you can't tell which way its going or you are not sure, don't try and guess by drawing trend lines, just leave it alone.
If you can tell wich way it's going, you don't need a trend line.Ignored
DislikedWas this a valid trend line that is now broken? Or was this trend line never valid because the April 30th high that it is connected to was never a swing high?Ignored