Hi Friends there was Question to My DM asking weather trend line method works , and if it works how far we can catch the trend
so the Questions ware related how to apply trend line ,
I have made an small efforts in explaining how the trend line system alone can Give you a Major Out look or wide prospect of Market sentiments
i am not surprised with the Question because Majority People believe in some indicator or Methods where as Trend line method has 5 different indicators with it
01) It has Momentum Indicator
02) it has Divergence Indicator
03) it has support and resistance indicator
04) it has Next move forecasting indicator " FUNTION OF PRICE " ( this is very interesting it will forecast how far the Next move will take place )
05) it has Narrow range indicator " FUNCTION OF TIME " ( this is also very interesting when trend enters in narrow range it will inform you )
for your kind information i am not talking about any overlay indicators only and only Trend line Method
Advantage of trend line Method is it can identify the wave theory very easy , immediately , also it can identify the trend change ,
so just by knowing only trend line method you are the winner of this Stock Market Trading ,
Hope you will understand improve your trading system with help of this video
Good luck
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