Trend Lines

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pawelklos
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Trend Lines

Postby pawelklos » Wed Jan 04, 2012 11:56 pm

This topic is dedicated to the trend lines. Everyone who likes this tool welcome aboard:)

Soon new posts :)

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MightyOne
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Postby MightyOne » Thu Jan 05, 2012 1:17 am

The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif

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Jalarupa
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Postby Jalarupa » Thu Jan 05, 2012 9:26 am

MightyOne wrote:The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif


My angles aren't the same as yours... :cry:

Image

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MightyOne
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Postby MightyOne » Thu Jan 05, 2012 1:00 pm

Jalarupa wrote:
MightyOne wrote:The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif


My angles aren't the same as yours... :cry:

Image


I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala :lol:

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Postby Jalarupa » Thu Jan 05, 2012 1:04 pm

MightyOne wrote:
Jalarupa wrote:
MightyOne wrote:The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif


My angles aren't the same as yours... :cry:

Image


I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala :lol:


:lol: my bad! :shock:

It was 60* not 45* I was marking up this chart whilst balancing my newborn baby girl on my lap... :oops:

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Postby Humble » Sun Jan 08, 2012 3:43 am

Hey Jal, congratulations. Great start to the new year. You obviously get the angle right sometimes :)
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby Jalarupa » Sun Jan 08, 2012 5:10 am

Thanks Humble ;-)
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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Postby MightyOne » Fri Jan 13, 2012 3:56 pm


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Postby PebbleTrader » Fri Jan 13, 2012 5:06 pm

For those working with angles in MT4, check out Bredin's tool, it draws the correct angle no matter what the vertical scale is.
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Postby pawelklos » Sat Jan 14, 2012 5:19 pm

little analysis

Image


S/R - seems to be lagging trend indicator. Price dropped by 2,200 pips before we got the signal from S/R that the trend has changed.

It seems to me that the trend lines are a better tool to check the trend. S / R can be used to enter in order to lower tf but not to check the trend - how do you think?

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