O'Reilly logo

Charting Secrets: Trade Like a Machine and Finally Beat the Markets Using These Bulletproof Strategies, 2nd Edition by Louise Bedford

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

2: The line reveals all . . . Well, almost . . .

Sometimes the simplest tools are the best. Just a few well-placed lines on a chart can tell you around 80 per cent of what you need to know about trend. Get ready to learn this essential skill . . .

It’s amazing how much information one or two little lines can reveal about the direction of the share price. In this chapter we will have a look at the line family. This includes support and resistance lines, as well as trendlines. I will explain the principles behind these lines, provide an example, and give you a chance to practise your skills. By the end of this section of the workbook, you should confidently be able to draw in these lines to help you diagnose the share price direction. Let’s start ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required