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Basic Trendline ?

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Basic Trendline ? in Forex Education_xx
the trend line has good accuracy for orders. accuracy is around 70%
I think the problem of accuracy depends on understanding the use of the trend line indicator is not absolute 70 percent.
#16 - May 23, 2019, 06:12:27 PM

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Basic Trendline ? in Forex Education_xx
Trend UP turns into a DOWN trend when the NOW price can penetrate the LOWEST price yesterday, and Trend DOWN turns into a Trend UP if the current price breaks the yesterday's highest price. For beginners, just know this first, even though sometimes prices have not penetrated yesterday's highs but the trend can be said to change from DOWN to UP, and vice versa.
the brief explanation you provide is enough to provide knowledge even though the trend line is a basic indicator that is often underestimated.
#17 - May 23, 2019, 06:23:54 PM

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Basic Trendline ? in Forex Education_xx
This understanding of trend lines is fundamentally important for beginners to start training using technical indicators.
#18 - May 23, 2019, 07:56:53 PM

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understandings of basic indicators such as trend lines are actually important for traders, especially beginner traders.
#19 - May 24, 2019, 02:47:26 AM

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getting to know the basic trendline is very important for a simple mindset and I'm sure traders will be able to do simple but accurate analysis.
#20 - May 24, 2019, 02:56:19 AM

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learn what is simple first, then learn more complicated so that the experience of using your indicators is good and it goes well.
#21 - May 24, 2019, 03:10:54 AM

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although it is only a line, the trend line is full of meaning, especially about market psychology.
#22 - May 24, 2019, 12:12:59 PM

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I usually use the trendline as a scratch on the chart to look for opportunities through a trend.
#23 - May 24, 2019, 12:20:07 PM

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the trend line is indeed quite simple but behind the simplicity it contains a big mystery that the trend line can be a limit device between trends and outages.
#24 - May 24, 2019, 06:08:40 PM

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understanding and use of the basic trend line is very necessary especially to start us practicing analysis using technical indicators.
#25 - May 24, 2019, 06:34:50 PM

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Trend UP turns into a DOWN trend when the NOW price can penetrate the LOWEST price yesterday, and Trend DOWN turns into a Trend UP if the current price breaks the yesterday's highest price. For beginners, just know this first, even though sometimes prices have not penetrated yesterday's highs but the trend can be said to change from DOWN to UP, and vice versa.
Maybe you should explain accompanied by images so that we understand the strategy of the trendline you are referring to.
#26 - May 24, 2019, 10:25:42 PM

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simple indicators such as the trendline are often considered inaccurate and actually prefer custom indicators that are not necessarily good.
#27 - May 25, 2019, 01:16:53 AM

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this indicator is quite simple but powerful, unfortunately not all traders use it and take it lightly.
#28 - May 25, 2019, 02:18:57 AM

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Maybe you should explain accompanied by images so that we understand the strategy of the trendline you are referring to.
I agree, for those who can explain with images we can listen to more details.
#29 - May 25, 2019, 02:39:00 AM

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The trendline bus is applied to support other indicators, the point being that it can be used as the main indicator and additions.
#30 - May 25, 2019, 03:48:01 AM

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