Sunday, June 20, 2010

Forex Trading Tips and Tricks - Trend Line

(This is a mini-series of Forex Trading tips and tricks by Eric Lye in his Forex Trading Blog.  Our objective is to help traders learn how to trade Forex properly, be educated and excel in their career)

Trend Line is a good tool to a technical trader.  We can use it to

  • visualize the trend direction
  • where possibly the price would retrace to
  • market momentum
  • area of consolidation
  • and change of market direction

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