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The difficult stuff :D

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  #1  
Old 25-08-2009, 15:54
Level III Lasers Member
 
Join Date: Mar 2009
Location: Pretoria South Africa
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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 18:07.
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  #2  
Old 15-08-2023, 14:21
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Join Date: Jun 2015
Posts: 755
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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Old 04-09-2023, 09:49
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Join Date: Oct 2013
Posts: 358
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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