Why I love trendlines

Alright folks, today I want to go or just a little mini lesson on trend lines and trend line analysis. Now, whatever you think about trend lines, that’s fine, but I find it to be absolutely instrumental in my trading, whether it’s trading on the long term timeframes, or even down to the lower timeframes, such as tick in two minute chart. So here is just a quick example of how and why I use these. So here we are looking at a titan level right here at the 4502 level. Now, this was a level that I notified in our Titan telegram room, an area that would be it an area of interest of us to potentially short if we got up to this area. Now, I’ve got to be honest here on Friday, considering we were down here into the 4450 area, I did not think we would see 4500 today, but the markets are always willing to deal us surprise. So what we did is we had this area marked at like 7am, Central or 7:30am Central. And we had a couple areas to the downside we were able to take advantage of as well. And then we started pressing up here into this area right around two o’clock. So basically about the last hour of the day, sometimes I’ll try the last hour of the day, sometimes I won’t, but this one looks pretty good. And as you can see, we had a steady, steady tick up here in bar, this is the lower timeframe, the two minute and we kept moving higher and higher. And I posted in the telegram room that, hey, we blown past our 4500 level. But knowing our putting this trendline on the smaller timeframe basically kept us from getting short here prematurely instead of just getting shorted oh two, we ended up coming all the way up to 4515. Actually 1475 to be exact. And then I said well, we have no trendline break looks like we’re probably going to go up to 4520. Well, what happened right after I posted that, we actually broke the trendline and traded, we actually broke the trendline here around 4509 4508. And traded as low as about oh two. Let’s see Oh, one quarter. So that’s good for almost seven or eight points there per contract. Notice that we we came back up again, really probably in more of a stop point scenario right here broke the trendline. Again here 4510. AC, we trickled down to 4492 now did the same process with another market that I got long this morning. You can see here, this was a level coming into today at 14 470 Looks like a fail level right? Well, if we go back in the bottom, I want you to focus on the bottom right hand corner. I’m gonna come over here. And you’ll see this trendline that I had drawn as we were coming in trading into this level at 14 470. You see, we didn’t really bust through it that much like we saw on that s&p, and then here’s where I got long at about 14 480 right around the cash market open and immediately popped up to 14 570 was able to scale out profits. Now. We did trade a little bit sideways. And then you could see later on the day, that level had already been mitigated. And we came down and broke through that level. But ultimately, in general, this support held I mean, this has been a supportive area, although we did flush down here around the lunchtime scenario. So that is the importance of using Trend Lines. Why use Trend Lines, I use them really in every timeframe to swing as well as day trade. Now I’m going to be talking about this key level concept on Saturday, April 9 at 10am. Eastern spot the big money moves. With this new trading strategy. We’re going to talk about how to locate and trade the Hidden Tracks that the institutions leave for retail traders and how you can follow their footprints for big gains whether you trade on the intraday timeframe or the intermediate to longer term timeframes. I’m gonna hyperlink you to this page and I can’t wait to see you there.