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10.1 Trend Line Trading

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Expert Level

The use of trend lines is very common among amateur traders.
Trend lines can give you a guide for entries and exits while trading within a trend.
Many inexperienced traders will plot trend lines wherever they can make the highs or lows of the price connect.
While this may seem plausible, they do this without any confluence and trade blindly off these lines.
However, with no plan of how to trade a touch or break of the line, such traders find themselves in a losing strategy.
Use this video to know the correct application of trend lines, but never trade a trend line without confluence.