Forex Broker
- Recommended Broker

Featured Links
- World Time and Date
- Atomic Clock Software
- Trading Forex (Valas)
- Belajar Forex (Valas)
- Tutorial Marketiva
- Liberty Reserve (LR) Exchanger
- Belajar Forex (Bahasa)
- Bisnis Online Info
- Mencari Uang
- Mencari Uang di Internet
- Mencari Uang Online
- Peluang Usaha Internet Online
- Peluang Usaha di Internet
- Mencari Uang di Internet Untuk Pemula
- Bisnis Online Internet Free
- Bisnis Internet Tanpa Modal
- Cara Mencari Uang Online
- Cara Mencari Uang di Internet Online
- Belajar Trading Valas
- Trading Forex (Valas)
- Belajar Forex (Valas)
- Tutorial Marketiva
- Trading Valas Online
- Teknik Trading Forex (Valas)

Trend Lines & Channels

www.belajarvalas.com | Belajar Trading Forex (Valas)www.learnforexpro.com | Learn Forex Trading
Learn Trading Forex Basic, Tutorial, and Guide. How To Trade Forex Trend appears when price is going upward or downward over a specific time period. In an upward trend, each price hike reaches a higher level than the previous hike and each price decline halts at a higher level than the previous decline. Upward trend is also known as uptrend.

Here is an example of trending price movement :

Forex Trading Tutorial and Guide - Trend Lines & Channels - Uptrend

In an downward trend, each price decline drops to a lower level than the previous decline and each price hike halts at a lower level than the previous hike. Downward trend is also known as downtrend.

Forex Trading Tutorial and Guide - Trend Lines & Channels - Downtrend

Sideway (Range Bound Market) happens when price hikes halt at the same level than the previous hikes, and when price declines halt at the same level than the previous declines.

Forex Trading Tutorial and Guide - Trend Lines & Channels - Sideway

Trend Lines
Trendline is a bounding line connecting two or more consecutive bottoms (illustrates a bullish power) or a bounding line connecting two or more consecutive tops (illustrates a bearish power). A trendline can be drawn along the tops of a downtrend, or along the bottoms of an uptrend.

Forex Trading Tutorial and Guide - Trend Lines & Channels - Bullish Trendline


Forex Trading Tutorial and Guide - Trend Lines & Channels - Bearish Trendline

Factors Affecting Trend Lines Strength
  1. Timeframe's Length of the trendline
    The Longer the timeframe, the more valid the trend line. A monthly timeframe trendline is more valid than a week timeframe.
  2. Trendline's Length
    The Longer the trendline, the more valid the trend line. A longer trendline shows a major pattern over a longer period. And is likely more important than a shorter trend line.
  3. Trendline's Number of Hits
    The more frequent price hit a trend line, the more valid the trend line. A trend line which is hit 3 times by the price signals a more valid than a trend line which only receives 2 hits.
  4. The Angle of a Trend Line
    The steeper the trend line, the faster the action of a group of traders. A trend line that has a 60 degrees angle shows a faster action of a group of traders than a 45 degrees trendline.
  5. Number of Trading Volume relative to direction of price movement
    The larger trading volume which is moving in the same direction of a trend line, the more valid the trendline . If price is moving in the direction of a trend line with a greater volume, it confirms the trend. If price is pulling back to a trend line with smaller volume, it also confirms the trend.
Channel Trendlines
Price Channel is made up by two parallel trend lines. One trend line is connecting tops of price hikes while the other is connecting the bottoms of price declines. The wider the channel the stronger the trend.

Forex Trading Tutorial and Guide - Trend Lines & Channels - Trendline Channel

Menu
 Home
 Start Trading Forex Like A Pro (HOT)
 Open Trading Account (FREE)
 Managed Account (FREE & SAFE)
 Forex Tutorial
 Forex Tutorial 2
 Chart Types
 CandleStick Patterns
 CandleStick Patterns 2
 Support & Resistance
 Trendlines & Channels
 Moving Average
 Technical Vs Fundamental
 Fundamental Analysis
 Trading Strategy
 Forex Resources
 About Us


LearnForexPro © 2007 - 2017. All Rights Reserved