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Thread: What is the trend line?

  1. #1
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    What is the trend line?

    I`ve hear during learn the forex trading about the trend line?
    What is the trend line in the forex trading and what does it use in the trading and how much it is benefitial for traders and how much it is work full for the trader so give your opinion about the trend line ?

  2. #2
    Senior Member farwa bukhari's Avatar
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    Trend line refers to an upward or downward line on a chart indicating movements of average prices, as of stocks, over a period of time.Trendlines are used to show direction and speed of price. Trendlines also describe patterns during periods of price contraction.

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    trade line is line which we draw to find the market trend how it draw it can draw with the help of support and resistance level and its very much beneficial for traders to understand the market.

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    A line that is drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trend lines are a visual representation of support and resistance in any time frame. Trend Lines are an important tool in technical analysis for both trend identification and confirmation.

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    business range is range which we sketch to find the industry pattern how it sketch it can sketch with the help of assistance and level of resistance and its very much valuable for investors to understand the industry.

  6. #6
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    Quote Originally Posted by sam9630 View Post
    I`ve hear during learn the forex trading about the trend line?
    What is the trend line in the forex trading and what does it use in the trading and how much it is benefitial for traders and how much it is work full for the trader so give your opinion about the trend line ?
    Trend line shows us the future trend of the present market based on past results. The most popular thought of the senior traders, in forex trading every thing repeats. Based on the same theory, trend lines shoes us the future trend. For accurate signals of trend lines, it is advisable to use high time frame charts.
    Nothing is impossible for an hard working person.

  7. #7
    Senior Member ahmedkhan236's Avatar
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    Trend line is showing in the forex business and in every platform we are using the charts and analysis the market andtrend line is very important in taking the right decision.

  8. #8
    Senior Member farwa bukhari's Avatar
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    The basic trendline is one of the simplest technical tools employed by the trader, and is also one of the most valuable in any type of technical trading. For an up trendline to be drawn, there must be at least two low points in the graph, where the 2nd low point is higher than the first. A price low is the lowest price reached during a counter trend move.

  9. #9
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    trade lines shows to movement of up down and on the behalf of graph we decided to where trade

  10. #10
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    Trend line is following trade in a way up or down and market mostly move in one direction and with big time frames we can trade in direction of trend with our strategies.
    Nothing is impossible, the word itself says 'I'm possible'!

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