Trendfans & Trendline Breaks by Albert Yang

Trendfans & Trendline Breaks by Albert Yang

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

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Table of Contents

Welcome back!

What is a Trendfan?

How to Draw a Trendfan

Trendline Breaks

Trendline Break Drawing

Trendfans points as Support and Resistance Levels

Avoiding the confusion

Double Trendfans

Learning from all this

Conclusion

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