Reply To: Exercise 3. Trendlines?

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Nigel Southon

Hi Rich,

Attached are the daily charts for EURJPY, USDCAD, and GBPJPY.

To be honest, this is a topic I am struggling with at the moment. However, I need learn, so give it a go.

GBPJPY, is an interesting one. Hence the reason why I chose this. The high and low was created on the same day (8/5/15), and I drawn the trend line from the low of the trend to the low of the 8th May candle. I may have drawn this incorrect, but I feel it will be a good learning point for future situations like this.

Many thanks



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