How to Identify and Draw Trendlines on Your Charts

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Uploaded by on Nov 27, 2009

http://www.michaelglass.com - Effective Video Technical Analysis Trading Plans delivered daily from AccendoTraders.com - One of the most popular stock market saying is = "The Trend is Your Friend" When you look at a chart, what do you see? Can you identify the Long Term and Short Term Trends? What about the Primary and Secondary/Intermediate patterns? This video is the first in a two-part series on helping you incorporate trendlines in to your trading system

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Uploader Comments (accendotraders)

  • what time frame is best for day trading

  • @fonzi0was0cool That's a tough general question. It depends on the investment vehicle you are choosing. Some use 15 min - 1 hour charts for stocks and options. some use1 min to 5 minute for futures. Others use 1 hour to 4 hour for Forex. A whole different set only use daily charts for all of the above. It really comes down to how much volume your investment vehicle uses. In addition, your risk tolerance. The shorter the time frame the chance of whipsawed.

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  • I like your video - subscribe to my channel and friend to have day trade videos

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