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The difficult stuff :D

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  #1  
Old 25-08-2009, 16:54
Level III Lasers Member
 
Join Date: Mar 2009
Location: Pretoria South Africa
Posts: 68
Default The difficult stuff.

How does one draw trend lines? Some people are able to take a chart and draw two parallel lines that makes so much sense because it clearly connects consecutive highs (top) and consecutive lows (bottom).

I try to do that, but I have to cheat to make it fit. :D

My question is, Do everybody's trendlines look the same?
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Last edited by Henry; 25-08-2009 at 19:07.
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  #2  
Old 15-08-2023, 15:21
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Join Date: Jun 2015
Posts: 758
Default Re: The difficult stuff :D

So far, Trading View is the best website for drawing top charts. I used to use it with a FreshForex broker, sometimes using only chart analysis, which made me a lot of money.
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  #3  
Old 04-09-2023, 10:49
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Join Date: Oct 2013
Posts: 394
Default Re: The difficult stuff.

Quote:
Originally Posted by Henry View Post
How does one draw trend lines? Some people are able to take a chart and draw two parallel lines that makes so much sense because it clearly connects consecutive highs (top) and consecutive lows (bottom).

I try to do that, but I have to cheat to make it fit. :D

My question is, Do everybody's trendlines look the same?
They are not a kind of precise lines which connect finely pivot points but an areas where price may form another pivot point. Even if you can make it precise on higher timeframes most probably on lower timeframes they do not connect candle tails but instead can intersect them with pretty rough picture.
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  #4  
Old 28-02-2025, 02:29
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Join Date: May 2016
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Default Re: The difficult stuff :D

Price on the charts are usually fractals so it may not be easy for higher timeframes trends lines to connect with the candles of lower timeframes however analysing higher timeframes can give us better insights of what price is doing and we can analyse trends / price movements for long terms.
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  #5  
Old 12-11-2025, 17:43
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Join Date: Oct 2013
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Default Re: The difficult stuff :D

trendlines are “areas” not laser-precise points - lower timeframes will pierce any line you draw. I anchor on HTF structure, then treat the line as a zone and look for reaction/failed auction rather than perfect touches.
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