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Trendlines help technical analysts spot areas of support and resistance on a price chart. Trendlines are straight lines drawn on a chart by connecting a series of descending peaks (highs) or ascending troughs (lows). A trendline that is angled up, or an up trendline, occurs.

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Correlation is a statistical relationship between two and more random variables. The value of 1 indicates their direct relationship. Why do Forex traders need this information?

Widening your stop is basically like not having a stop at all and it doesnt make any sense so to do it! If the practice forex trading free online market hits your planned stop then your trade is done. Take the hit and move on to the next opportunity.

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