Originally Posted by
;
Hey, I've been reading everybody's posts and all and I had three questions, two of which are sort of replied, but please leave your feedbacks. Awesome
1) In which region can I select the greatest high/lowest low?
A: Apparently the vertical can go past the first point (right point) but not the left point
two) Why draw both demand and supply lines?
A: To determine which side might break and transaction from that point. If both split, close the initial place and go with the second since Foreign Exchange is quite lively and you would like to be following the most recent data.
3) What if my supply and demand lines look weird - that is at awkward angles?
A: Apparently, demand lines(uptrend)'s left line _has_ to be under the right point. For supply lines, the left line needs to be higher than the right point. This is to guarantee the proper slopes.
== Actual Issue ==
4) Can the trendlines penetrate some candle bodies?
I've seen people post no but I've also seen pictures in which they do move through bodies...
What're your thoughts on these questions?!?
I simply started trading so feedback is much appreciated. BTW, nice to meet y'all.
-Evan