Yet another way to draw lines on a chart which may prove to be useful, speedlines is a technique...
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Percentage Retracements
Time to talk some more about price targets. It’s obviously useful if you have an idea in mind...
Channel Trading: The Channel Line
Drawing two lines upon a chart across past highs and lows can help you decide your next trade. This...
Adjusting Trendlines and Trendline Steepness
The Trendline Fan To elaborate further on the use of the trendline, sometimes it is possible to...
Breaking the Line and Role Reversals
Breaking the Line Nothing lasts for ever, so if you have a valid trendline and the price violates...
Using Trendlines
Strength of the Line Just as with support and resistance, there are various ways that you can gauge...
Trendlines
Now we go back to the idea of drawing an angled line on the chart. There are many different ways of...
The Strength of Support and Resistance
You may be wondering to what extent you can trust and expect support and resistance to work...
The Psychology Behind Support and Resistance
The reason that support and resistance work, and that the price will keep on touching and...
Reversal of Roles
Now for reasons I’ll go on to explain in the next section, often support and resistance...
Support and Resistance
Another way of looking at peaks and troughs in a price chart is using the concept of support and...
The Parts of a Trend
Now you may remember that Dow Theory talks about the three parts of a trend, the primary...