I just noticed that many people still don't quite understand how to use trendlines in real trading. Let me share my own experience. The trendline isn't as difficult as you might think. Just draw a line connecting at least three swing points of the price, and you'll have a usable trendline.

At first, I was confused about what trendlines can tell us. It turns out they can reveal a lot, such as the overall trend of the price, support and resistance levels, and even help forecast future price movements. If the trendline slopes upward, it indicates an uptrend; if it slopes downward, it indicates a downtrend. Pretty simple, right?

When it comes to using trendlines in trading, I prefer to apply them in Swing Trading strategies—buying or selling when the price touches the trendline. That’s often the best entry point. Another strategy I like is waiting for the price to break out of the trendline and then retest it. This retest point is usually an excellent entry signal.

But be cautious of false breakouts—that’s the biggest enemy for traders. A genuine breakout should be accompanied by high trading volume and should be tested against the previous support or resistance levels first. If the breakout happens without volume, there's a high chance it’s just a fake move, and you might get fooled.

For me, always setting a stop loss is what really saves you. Even if you correctly read the trendline, the price can still move against your expectation. So, you shouldn’t risk more than you’re willing to lose.

I see trendlines as a fundamental tool everyone should learn, whether trading Forex or other markets. The key is understanding their limitations and using them alongside other tools like Moving Averages or Divergence to improve accuracy. Never rely solely on trendlines.