FOREX TRADING MARKET.

How To Use Trend lines To Make Money In Forex. Trend lines is one of the tools you and me can employ as a technical analyst for a successful Forex Trading.Trend lines are constructed by connecting the newest swing high to the most recent swing high.Same applies for lows.In a nutshell,the basic method is that an uptrend line is drawn along the bottom of easily identifiable support areas(valleys).In a downtrend,the trend line is drawn along the top of easily identifiable resistance areas(peaks).To get it right,locate 2 major tops or bottoms and connect them. HOW TO TRADE TREND LINES FOR PROFIT IN THE FOREX TRADING MARKET. 1.Enter a trade when a trend line is convincingly penetrated. 2.Set up your stop on the other side of the trend line.This is the best trading strategy. 3.Remember that it takes at least 2 tops/bottoms to draw a valid trend line but it takes three to confirm a trendline.Avoid drawing trend lines by forcing them to fit the market.It will back fire. http://www.profitline66.blogspot.com http://www.howtotradethestockmarket.blogspot.com