The Most Important Rule In Day Trading

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The number one rule in day trading is, the trend is your friend. this rule should be followed whenever you are entering any trade. whether it's forex, indices, cryptocurrencies, or commodities. in this video I will show you exactly how to draw trend lines and how to tell if a trend has been broken creating the trend in the opposite direction. this is by far one of the most useful skills to learn in day trading.

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What Is a Trendline?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.

A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.

KEY TAKEAWAYS
Trendlines indicate the best fit of some data using a single line or curve.
A single trendline can be applied to a chart to give a clearer picture of the trend.

What Do Trendlines Tell You?
The trendline is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trendline helps technical analysts determine the current direction in market prices.

To create a trendline, an analyst must have at least two points on a price chart. Some analysts like to use different time frames such as one minute or five minutes. Others look at daily charts or weekly charts. Some analysts put aside time altogether, choosing to view trends based on tick intervals rather than intervals of time.

If company A is trading at $35 and moves to $40 in two days and $45 in three days, the analyst has three points to plot on a chart, starting at $35, then moving to $40, and then moving to $45. If the analyst draws a line between all three price points, they have an upward trend. The trendline drawn has a positive slope and is therefore telling the analyst to buy in the direction of the trend. If company A's price goes from $35 to $25, however, the trendline has a negative slope and the analyst should sell in the direction of the trend.

NOT FINANCIAL ADVICE DISCLAIMER

The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.

*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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Arty is not an average youtuber, he does not make content for views. He does it purely to help retail traders that need a mentor. I myself was one of them and consistently watching his content and doing exactly what he says will improve your game on the market.

Elevated_Power
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Every time ARTY posts a video on strategies my faith in trading is restored lol

mistersir
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1.short
2.very important content
3.no bullshit.
4.LOVE U

nishanpgs
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Mannnn my mind is so blown at how simple this is. Goodness!! I spent the last 6 months trying to get a better understanding of what you just clearly shared here in 10 min.!!! Thank you so much Arty. I am going to watch this on repeat and mark up my charts to see the ranges better and trade the trends from the higher timeframes. Much much appreciated.

christenrenay
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Most important video I watched on trading ever. I literally just made 62 pips on EUR/USD with perfect rejections and immaculate trend lines. I almost feel like I owe you money Arty. Thank you for what you do brother 🙏🙏

troyjesso
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This was the light bulb moment video for me! Almost an Eureka moment when I finally fully understood and the whole day trading made sense. I watched this video about 30 times and spent a week or so just practicing what you have taught in this video alone, without even making any trades, demo or otherwise! Damn, it was like seeing how the magic trick worked. BUT I also know I have more to learn. But this should be the foundation for everyone to start. Get this onboard and the rest falls into place. Arty, YOU ARE THE MAN! Thank you so much for being you!!!

davidtucker
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This is super good. Applied the same thing today and 100% win. I just started trading 3 days ago. Using what I learned from Arty, 3 trades a day, all wins for 3 days. Watched all Arty videos for 2 days. Super easy to understand. Thank you so much man

eddyba
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Where have u been when i first started trading??
Great fucking content, agree with everything you said.

TheSilentpulse
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As a beginner who is back testing and demo trading currently before using real money, trend lines and support and resistance have been all i needed. I still look at the volume and MACD but my strategy im creating uses almost purely support, resistance, and trend lines. And my back testing and demo trading shows this works. So please young ones and beginners like myself, BACK TEST and DEMO, also learn the basics. Thanks Arty for the great videos they have helped a lot!

zirconiumzach
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Brevity is the soul of wit. Finally a youtuber who understands.

bodhisoha
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This is the first video ive downloaded thru youtube premium. Im gonna watch it on repeat for a week

Warbaman
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Since I have studied your indicators and concept, I have been using them for the last month and have had zero losses to date. I am also able to stay in a trade longer get higher profits. Thank you and now I am sharing your ideas with my discord group, they are all so very thankful and making decent money every day

garychristy
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The quality of your videos literally blow my mind, Biggest legend on youtube.

chrisbalen
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Yo Arty, this is gold man! No indicators. Only support and resistance, trendlines and big fat ass candles is all we need to get that dollar.
Thanks bro!

qc
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MY BROTHA! Im a regular guy from Missippi. I have been a worker since I was 14, everything from home building to welding to picking up trash and everything in between. You are a True Blessing my Guy. I knew nothing about forex or markets or anything in this area and I am still a Babe but this dude has created a whole new compartment in my brain. I always knew there was some way to make life easier thanks for showing me bro.

nealtv
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Why do i feel like you make trading seem easy whiles some make it seem soo complicated....thanks for the simplicity

dumbest_man_alive
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Most of these other traders talk a lot without saying anything, not you. Good job and thanks for the clearly explained information. I liked, subbed and joined the discord 👍

ZombieLocky
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a real life example of a mentor love u from Pakistan

farzoqahmed
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I am a newbie and i needed a teacher, watching this video has made me realised you are the long awaiting teacher i have been searching for.
I would love to be your student.
Help me learn more

ericessuman
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Friend .. The amount of basic alpha you talk about is simply stupendous! I thought I knew a thing or two about trading crypto, but I am now very much aware I'm still a toddler learning to walk. So, back to the drawing board, lol.
Thank you, you rock 💪

ich.crypto