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I love me a good trendline! As a day trader who is referred to as a “technical trader” (meaning I’m using technical analysis as a core driver of my decision making process), trendlines play a role within my strategy. Let me be clear, I’m not saying that all technical day traders use (or should use) trendlines. For me particularly, I love using them and find them to be a very helpful tool in trade plan creation. Let me be clear once again in another way: trendlines aren’t perfect! Sometimes they can be tricky and cause what you’ll see in the video. Should you use trendlines in your trading? Only you will be able to answer that. All I can say is I enjoy them, but man, sometimes they get tricky! Let me show you what I mean!
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