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Old 02-03-2008, 08:20 AM
ghous ghous is offline
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traders will discover the power of trendline trading if they can find the exact point ... trendline trading sometimes can produce 400 pips with 4 hours chart .. it will be so amazing to discover where and when the big pips will be shown
yes i agree, it;s imporatnt to not to all the readers of this thread that trebdlines don't work for TF's < 1H the reaosn is that these TF's (below 1H) acne be very "noisy" and with many spikes to diturb the trendlines, does the rendlines become void for such TF's...they are most effective on the 4H when you look to identify the long term trends which generally range abt 4 to 5 days on avg.
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