Forex Course: How to Draw a Trendline Correctly
4.0 (43 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
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Forex Course: How to Draw a Trendline Correctly

Recognize False Breakout, True Rebounds and Continuations of the Trend. Supports/Resistances and Japanese Patterns.
4.0 (43 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2,457 students enrolled
Created by Danilo Farina
Last updated 12/2016
English
Price: Free
Includes:
  • 1 hour on-demand video
  • 1 Article
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • • You will learn how to draw correctly a trendline and how analyze a trend and a chart with more confidence.
  • • You will be more confidence analyzing the shapes of technical analysis, most of all are based on the identification of a trend.
  • • It is more precise in the identification of the right point where it is possible to have a rebound of the prices and then entering in a market.
View Curriculum
Requirements
  • • It is important to have the basics about candles, bodies, shadows, closing and opening
  • • Basic knowledge about what is a trend and what is a trendline
  • • To have a trading platform already installed and to know how to use it
Description

Learn more precisely Where the Prices can Rebound into a trend, Avoid False Breakouts, use Trend-Following Strategies with more success and Better Identify Technical Analysis Shapes.

The Right Positioning of a Trendline can Help You to:

  1. Anticipate where the prices can rebound in order to enter in favour of a trend
  2. Develop true strategies in favour of a trend
  3. Understand when a trend is ending and shapes of reverse and continuation technical analysis could create
  4. Increase the performances of your trading strategies 

I’ll teach you the main principles which I use to identify rebounds on the trendlines and false breakouts. Then we can practice through exercises and analysis to learn which is the better way to draw a trendline. You will learn to recognize false breakouts of supports, resistances and trendline thanks to the patterns of the Japanese candlestick.

From 4 years ago I live off trading and from 2 years ago I live off my income in the Canary Islands. Any strategy or technical analysis with reverse or continuation shape which I use, is based on a good drawing of the trendline. This is why this course is free.

NOTE. To follow the course it is important to have installed a trading platform and to know the basics about trends and Japanese candles.

I didn’t teach you a trading strategy, the course involves a general training.

NB.
The video translation and the voice is of a professional voiceover Deya Aliaga Kuhnle

Who is the target audience?
  • • The people who don’t know exactly what they have to consider drawing a trendline, so bodies, shadows, minimums, closures, etc.
  • • This is a course addresses to people who are learning to analyze charts and who want to improve
  • • The people who aren’t confident with the technical analysis
  • • It isn’t suitable for those who are looking for an operational strategy. This course involves a basic training and not strategies.
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Curriculum For This Course
16 Lectures
01:04:12
+
Introduction
4 Lectures 07:22

It is important to understand where there is a real rebound and where there is a false breakout. Not always to draw a trendline is simple and a rebound could be precise and clear.

Why it is so Important to Know How Drawing Correctly a Trendline?
02:41

Who Am I and Which Are My Results
02:03

For Whom and for Whom Not is This Course Suitable
01:44

What is a trendline, the concept of price range, the basics about candlesticks, popular patterns, examples of simple and complex trendline

List of the Topics
00:54
+
How to Draw a Trendline
8 Lectures 43:49

The trendline is an area of dynamic support/resistance.

What is a Trendline
11:53

The trendline isn’t to be considered as a line but as a price range

The Concept of Price Range
03:33

To have a basic knowledge about Japanese candlesticks is essential to correctly draw a trendline.

Basics about Japanese Candlesticks
04:40

Knowing the Japanese patterns can help you to identify false breakouts.

The Most Famous Patterns – Part 1
02:24

The Most Famous Patterns – Part 2
10:43

Drawing trendline together.

Examples of Simple and Complex Trendlines
08:23

Section Summary
01:13

Quiz
3 questions

Introduction to the Practical Section
01:00
+
Practical Examples
4 Lectures 13:01
Exercises
02:08

Thank You for Choosing Me
01:09

Exercise Solutions
09:14

Supporting materials
00:30
About the Instructor
Danilo Farina
4.2 Average rating
138 Reviews
5,026 Students
4 Courses
Passive Income Maker (Forex Expert, Professional Investments, Real Estate & Internet Business)

Why choose my courses Udemy?

1) I teach only subjects dealt with personally, I do not teach theory, I teach you practice. Information you can start using today.

2) I only teach what I succeeded in. More and more people now earn money with their courses, videos or books, but not everything they say comes always from their personal successes. It is often much theory, they have just read or studied.

Learn from those who have actually had good results and practice daily what they tell you gives you a greater probability of success.

3) I have 11 automatic income generation businesses each month, and I am now developing the 12th with the Udemy. If you can repeat 11 times a positive result means that probably it is not a coincidence, but that the principles you have learned are valid.

Please check my personal website for more information about my businesses.

All what is shared by me in my classes comes from direct experience, from my success and my staff.

______________________________________________________

Vision

Provide an opportunity for people to improve their quality of life and learn to live with passion every day.

To be in harmony with time, mind, health, spirituality and financial situation.

Mission

Generate practical, simple and quality training. In order to develop the potential of people and their personal growth, to reach proper time management, economies, passions and perception of life.

Go back to the situation of naturalness, spontaneity and joy that usually gets lost in the transition from children to adults.

Achieve the freedom of everything forever.

Values

- Share only areas where we've succeeded. No wasted time, no teasing.

- Personal growth, time management, money management and planning, as fundamental pillars for a successful life.

- The success or failure are unimportant details, you really are a successful person when you manage every day to do things a little better than the day before.

- Work towards your goals and not those of others is the essential first step towards happiness.

- Everyone has the right to design their own life as a masterpiece and fully live it every day.

Do not let them steal your dreams, remember that you only have one life!

______________________________________________________

Want to become a Professional Forex or Commodities Trader and trade for a living traveling around the world at the same time?

Want to Create your own Online Business selling products or services, or your own ideas?

Want to live with an income of 10,000€ per month or just supplement your salary of 500€?

_____

Want to quadruple the turnover of your company working 10 times less?

Want to keep your business profitable, but at the same time have time to see your kids grow up?

Want to stop working and have an automatic generated income so you can travel around the world and cultivate your passions?

_____

Want to understand the difference between temporary material happiness and deep and complete happiness and live your life with passion?

Want to learn yoga, meditation and live in the present, at all times?

Want to learn how to give effectively and help people, children, nature, animals or the planet?

Want to learn how to eat healthy, organic and vegetarian for your health and your family?

_____

I swear you I will do my best to completely satisfy each item listed above.

______________________________________________________


About me

Danilo is a guy who now lives off his income in the Canary Islands. He works around 5 hours a week and has 11 automatic generated monthly businesses that earns him an income of 300-8000€ each.

It wasn't always that way, until five years ago he worked 12 hours a day at something where he only got a little more than a salary.

In these five years he has learned and applied the principles that have revolutionized his life. From time management to understanding how the money worked until personal growth classes with people as Jim Rohn and the perception of the principles of happiness thanks to having met the Dalai Lama.

Recent success

Work:

from 4 years ago I live off trading forex and commodities (since 3 years it is enough to live with only this income), I collaborate with  major investment funds and I get an average of two new requests for collaboration per month from brokers and banks.

I do more than 4,000€ per month just in network marketing, working 3 hours a month.

Several automatic e-commerce for services and products (web pages Prestashop/Wordpress, Google SEO, Adwords and Social Marketing)

EBay PowerSeller in less than 60 days

investments in properties from banks

Investments in third-party businesses online

Sports:

He has learned to jump on horseback one meter in two months (riding a year ago, but had never jumped on horseback before)

He learned to dance latinoamericano in two months -- enough to dance decently with professionals

He has beaten a former Italian champion chess

He has learned Krav Maga, surfing and windsurfing in a month

Personal:

Learned how to to easily have a conversation in Spanish following just two weeks of classes

Developed passions like reading, meditation and yoga

Having met the Dalai Lama

Having studied and deepened theories of Einstein and astronomy

Having changed country and lifestyle

Having helped dozens of people to change their economic situation and life's perception (I do not speak of enrolled courses or websites, I mean real people I know personally and I have followed in real life and accompanied in recent years, you will find some of their stories on my personal website)

My philosophy

Although my main source of income comes from trading, personally I do not consider myself a trader, but a person with the passion of all those businesses that require little time to manage and that can be automated or outsourced.

My goal has always been to earn enough money to live without worries, prioritizing free time and my passions.

Money comes and goes, time passes and never returns. It is the most valuable asset we have and is the only non-regenerable.

The value of money is relative, 30€ for a night at the disco has a low value, while 10€ spent on a Kiyosaki book is invaluable.

Even the weather has a relative in value, a routine day over 10 years does not give you 10 years of life, but the same day repeated for 10 years. One day lived for 365 days of passion and different experiences year is a year worth more than 10 years of superficiality and routine.

For this reason, I have always been attracted to all those businesses that, once started, can continue "alone" without my presence and generate money, but above all, free time.

I prefer to work 10 hours per month making 2000€ than 10 hours a day making 20,000€  a month.

Please take a look at my personal website to see what people who have followed me and worked with me over the years say.