Explaining Trends and How to Draw Trendlines
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
- In this video, we give examples of how a downtrend shows lower highs and lower lows and how an uptrend shows higher highs and higher lows. We also introduce trendlines and demonstrate how to draw trendlines to identify both downtrends and uptrends.
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I have been trying to learn how to trade off and on for years and this was the easiest understanding video. I really appreciate it because I now feel like I understand the basics of trend lines.
Thank you for a very simplified way to explain trend lines for beginners!
You have a nice, clear and professional way of explaining. Well done.
Thank you, Christian! We're thrilled to hear that you're getting value out of our videos.
This is the best I have seen on trend lines so far. Great work Peter
Simple, Clear yet in a professional way. Compliments.
This was the easiest explanation I have recieved. I could always get my horizontal lines right. Tend lines I had problems
Thanks Peter, great content as always.
The best way I’ve heard it explained. Thanks
This was a fantastic video!! You explained clearly and taught in a progressive manner that makes it easy for people to learn and put bullet points to clearly sum up each point made! Thanks for this!
Been watching all your videos, great stuff!
Hands down the best ever guides and trade channel.
Thanks! Learned a good bit. Appreciate it!
You explained this so throughly thanks for the knowledge
Thank you, Peter! the best explanation!
I watched several videos about trends but this is the simplest and the best of them
This one was simple yet highly valuable. Accept my gratitude for such a commendable work.
Thank you,you made it easy and straight forward,well done!
Love your smile and hand writing.
Best channel! Watch your videos religiously
Appreciate the love, Bobby!
Very clear explanation with good visual presentation to help strengthen retention for beginners. Thanks for taking the time to make a great video.
Clean and clear presentation.
Love it. You're a good teacher.
Thanks you very much.... This is so educational 😊
A big thank you for this
Thank you so much! Easy to understand and very helpful. Please make more videos like this about the other indicators. Thanks again! =)
U r like a good teacher for beginners . I can follow yor theory
Great video! Thank you!
Explanation is very clear precise, and straight to the point
Thanks Peter, very helpful video :)
Very simple definition, will try, thanks!
thanks for your hard work. i appreciate it
Thank you Mr.Peter your trends lain video
Best channel I came across so far.
Thanks a lot for explaining in such simple words
This is great, thank you!
Excellent video, easy to understand. New follower. Thank you.
Very clear explanation!
the most understandable video so far but still got something left il watch it over & over to get it fixed
Thank you🇨🇦
I'm happy to know about the trends..Thank you
Very helpful , many thanks 😊
Your explanation is so good and simple,
Even a 5 year old would learn how to trade.
I really appreciate it🙏🏾
Thank you for your time amigo
Well explained. Thank you,
Thank you very much. I learned it better here. 5 stars.
U teach brilliantly well
Thank you. That was very helpful. Grateful new sub here.
Im actually surprised !!! Easy & well talked video... Keep on going 🥀
Excellent thanks
Love your videos
Thank you Peter. A very clear and concise explanation 👌
Glad you liked it!
thanks very well explained
Clear explanation!
OMG I LOVE THE VIDEO.!!! GOING TO SEE. OTHER VIDEOS
I really enjoyed the explanation
thank you so much
thank you for this quick guide. I have a couple of doubts regarding interpretation of trendlines: (a) I generated a trendline for energy sales and it was horizontal. (b) I also generated the R-square value (0.34) for the trendline but couldn't really understand how to go about it. thanks!
thanks simple explanation
well done. you're greaat
Thank you
Very helpful Sir .
Wow thanks
I hope you continue to make more videos!
Well, I learned. 💕
Thank you 🙏
Love what you are doing ,,, very impactful
Thanks a lot, Godwin 🙏
good explaining
Nice teaching
Keep it up 👍🏼
Great clarity in ur explanantion...Can u post a video on how to trade the trendlines please.
That was great
You the best📌
good video ,nicely explained
Thanks a lot for the nice video, I really hope I get better at this😞
Nice!)
Great advice😩😩😩♥️♥️♥️
Thank you so much, thumbs up, subscribe and bells 🔔!!!!
Excellent
Very nice information
Very nice
Very food and clear instructions. Can you show how and where to put Support Lines?
Thanx sir
Very informative sir
thank you, really helpful knowing how to draw the trend lines from the high lows on an uptrend and on the downtrend from the lower highs. Did i get that right? LOL
Do you ever create a trendline on the opposite side and use that to help guide you towards where you think the next point of convergence (or tipping point) might be? I did one for the current uptrend on SPY using this method on a 6m 2h chart, using the 6/27 and 7/29 peaks and 7/13 and 7/26 troughs, and the stock played almost perfectly within these lines. It also indicated at the point of convergence that the stock should hit around 420-421 which she did and is now above the trendline and continuing to make new highs. Similar to creating a Bollinger Band. Would be curious to get your thoughts and really appreciate your video, it was solid.
Thanks
You have done it.
Can you advise on what other videos I could go through for deeper information and kinds of analysis I should go through for bettering understanding
Why did you stop making videos, this channel is a treasury for traders
informative
Thanks for the clear explanation you are providing but can I know please which frame is the best to be considered?
trendlines can be used for different time frames. daily, intraday or weekly
what is more important to you mate, the wicks on a trend line higher time frames or the body close/open
good
Are peaks and trough the same as pivot points? If we take troughs for example, I can see that for each trough, the previous and following bar has a higher low, which it what a pivot point is.
Trend is your friend 😊
Thanks, great explanation
Hi mate just watched you trend line video. I'm a beginner. You only follow the green candles not the red ones is that correct
Do you draw the trend line points from the intra day low or from the closing price?
God bless ya
Is choosing first two peaks or troughs a must? or say most deirable ?
Hi bro; What is the name of the software or chart site?