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Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions

Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions  In this free 14-page eBook, Elliott Wave International Senior Analyst Jeffrey Kennedy shows you the power of simple trendlines. Jeffrey will teach you step-by-step the many ways to apply trendline techniques, how to use them to make trading decisions, and how doing so can mean trading success. When you add trendlines to your trading arsenal, you stop guessing and start strategically planning when to take advantage of a trend or when to get out -- whether it's in stocks, bonds, forex or commodities markets.

Through practical, real-world lessons Jeffrey shows you why, in his words, “a trendline is a simple, crucial tool.” You’ll learn 5 ways to draw trendlines, including critical techniques to find support and resistance, the end of a move, and changes in trend. You’ll be amazed at how a tool as simple as trendlines will tell you critical information about a market.

Here’s what you’ll learn:

  • What a trendline is and what it means
  • What a trendline tells you about past and upcoming price action
  • How to draw trendlines to identify support and resistance in a market
  • How a trendline can tell you when there is a change in trend
  • How to know if a break through the trendline is significant

Learn how to apply trendlines to the markets you follow.

Simply create your free Club EWI profile to download your FREE 14-page Trading the Line eBook.

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Presented by Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.