The Trend is your friend
The Trend is your friend until it isn't is the basis of all online trading. Remember it is important to trade with the trend, even though their are always traders that are trying to catch the knife, a trader following the trend will statistically make better trades and earn more pips.
Drawing a trendline is easy, but it is rule based, You need to follow the rules to get a validated trendline
Thank you sooo much. You're the best teacher.
This man confused me here. So he said an 'Uptrend line is drawn underneath price and a downtrend is drawn below price'. Isnt that the same thing? Underneath price and below price is literally the same thing in the context of this narrative so please clarify what you're explaining please. @27:19
And thrn @28:10 you contradicted you statement earlier by saying an downtrend line is drawn over the top of the price'.
Pennypacker's Pedants presents:
The celeration trend line defined.
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the example need to be included to understand clearly