A trendline without a moving average is blind. Secret #11: The most powerful trends occur when the 21 Exponential Moving Average (EMA) runs parallel to your trendline. If the 21 EMA is flat, the trendline is lying.
The focuses on a price-action-based system that eliminates indicators to find high-probability entry points by identifying where buyers and sellers lose control. Core Secrets for Drawing Valid Trendlines trendline trading strategy secrets revealed 21 full
Traders look to enter long on an upward trendline or short on a downward line when the price approaches for a third or fourth retest. : A trendline without a moving average is blind
: Track your win rate and average risk-reward ratio specifically for trendline setups across different asset classes. The focuses on a price-action-based system that eliminates
Never use a static trailing stop. Secret #14: Trail your stop loss under the trendline itself. Each time a new candle closes, raise the stop so it sits 1 ATR below the current value of the trendline. If the line rises, your stop rises.
Trendlines work on all timeframes, but they obey the hierarchy of the chart. A trendline on the Daily chart is a brick wall; a trendline on the 5-minute chart is a picket fence. Always check the trendline on the timeframe one level higher than your trading timeframe.
Where do you put the stop? Most put it 5 pips below the trendline. Wrong. Secret #10: Place your stop behind the nearest swing high/low inside the trend, not the trendline itself. If that swing is 50 pips away, you wait for a better setup. The trendline is a destination, not a guarantee.
