Rolf Price Action , Technical Analysis 8 Comments 10, Views. I am a pure reversal trader, looking for those tipping points where the markets go from bullish to bearish trending phases and vice versa. Trading reversals is usually straight-forward, but there are two main difficulties when it comes to reversal trading:.

The trendline shift is one of the 5 setups that you will also learn in our Forex trading course.

Getting used to drawing trendlines takes a bit of time, but once you have drawn a few, your eye will get used to seeing trendlines quickly. When you draw your trendlines, always look for at least 3 contact points — 2 points is usually not enough and the third touch is often the strongest. When it comes to trading the trendlines, there are two principles that you can help you make better trading decisions:.

Wait for a clear reaction around the trendline. Price then broke the trendline, retested it afterwards and took off. After price broke the moving average and the trendline, it retested it quickly before selling off strong. Here we are even seeing 2 trendlines intersect, which makes it even harder for price to break but if you look at live price now, price nicely broke the trendline.

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The previous example showed how we can draw trendlines and use the break of the trendlines to time entries. Sometimes, we can use the trendlines to find later re-entry points after a reversal and counter the effect of missing trades. The initial entry could have been at point 1 when price broke the trendline and the moving average.

A safer entry could have been taken at point 2 after the retest.

Note how those retests of the trendlines often coincide with a retest of the moving average as well which is a great confluence signal. Then, price sold off fast and at point 3 price broke and retested a lower trendline.

Usually, such lower trendlines are a good spot to take profits because they often hold when momentum slows.

Advanced strategy #10 (Trend Line Trading Strategy) | Forex Strategies & Systems Revealed

And when you get a confirmed break of the lower trendline you can then consider a re-entry on the retest of the trendline. This is a classic example. The lower trendline then provided re-entry opportunities.

Notice how price broke below the trendline and then moved back into it, trying to break it multiple times but was always rejected. The final sell-off then happened when the trendline coincided with the moving average.

When combining those spikes with trendline retests, you can create another powerful combination of confluence. The screenshot below shows a bearish reversal with two trendlines.

The screenshot below shows a typical market structure, with consolidation-phases in between the trend waves. Once you are aware of the trend direction, it is possible to draw trendlines for the retracements and use the concepts of reversals and trendline-breaks to find reentry opportunities into the trend direction. And now on the move lower, the trendlines act as support again. A trader who is aware of the trendline can understand price in a more effective way, is not surprised why price does not follow his plan, can plan his trades in a new way and also manage re-entries.

We suggest only using 1 — 2 trendlines per market move and to focus on the most important ones.

The goal of trendlines is it to add context to your chart analysis and not to confuse you. But question is which time frame you choose? Please correct me if I am wrong. So lf we take entry on daily chart we must exit on daily chart according to your SR right? Hello Rolf and Moritz just want to say thank you a lot for all the work you are doing for helping beginners!

All your advises are very good but the problem is to use then together: So i wish you success and keep it up and sorry for my english i have learned it at school only school!! I made quite a few videos about combining all the clues. Here is my YouTube channel: You only draw trend lines on 4hr in your video. Your email address will not be published. Trading Resources Tradeciety Academy About us Contact Webmasters. Tradeciety — Trading tips, technical analysis, free trading tools Forex Trading Blog And Trading Academy.

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How To Trade The Trendline-Shift For High Probability Trades.

How To Trade The Trendline-Shift For High Probability Trades Rolf Price Action , Technical Analysis 8 Comments 10, Views. Learn to trade trendlines in-depth in our price action trading course. Learn the trendline shift in our pro Forex trading course and much more. Forex Trading Academy Forex price action course Private forum Weekly setups Apply Here. Rick June 3, at 6: Rolf June 3, at 7: Rolf June 4, at 5: Rolf October 20, at 2: Rolf October 23, at 2: Leave a Reply Cancel reply Your email address will not be published.

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