hi guys I'm Tory trades and in today's video I'm going to be raing trend lines I'm going to be going through what is an A+ trend line what is a 10 out of 10 what is the most aesthetic trend line here so let's go through each one of these instruments and walk through a trend line that I would place a trade on a trend line that I would truly draw and maybe trend line no no trend lines that don't actually make sense and do not draw them all right let's get started we're going to start with crude oil I'm on a 5 minute time frame here and let's walk through each one of these trend lines that I have drawn on the screen you can see I am in a current trade we've got open trade going on right now this is for my Apex evaluation wish me luck this is my very first try this is my first attempt but right now why do I have the lines where they're at I've got a point a here and a point B here I took a short position based on the break of this trend line we're in a f- minute time frame so I am apt to taking trend line breaks on five minute time frames with only two touch points but when we're looking at a 10 out of 10 trend line we want three touch points and a lot of data to work with so let's try to see if we can find an A+ setup or an A+ trend line a 10 out of 10 each one of these trend lines that I have on the screen none of them are 10 out of 10 this is truly just a I hope this trade works out I've got parameters in place in case it doesn't it's just not one of my a plus setups so this is me being vulnerable and showing you guys not the best setup I'm in a trade here where I could have had three touch points it I didn't and I still got into the trade but now let's go into another instrument so that was crude oil let's take a look at gold all right we're in gold on a also a 5 minute time frame let's zoom out a little bit and talk about each one of these trend lines so we'll talk about the most steep trend line This one is beautiful this trend line right here 10 out of 10 because one we have three touch points and two we have plenty of data to work with here we've got from May 1st now we're in the 5 minute time frame so it's still plenty of data we got a lot of candles so we've got May 1st all the way to today May 2nd doesn't seem like a lot of data but look how many candles we have in between we've just got a lot of data to work with here so three touch points plenty of data 10 out of 10 trend line let's look at the next trend line this one right here we've got one two do we have three touch points oh my God yet another A+ trend line all right now even though we were using one of the previous touch points from the last trend line this is still A+ we've got this last high at around 23339 and then these two additional touch points after A+ 10 out of 10 love this let's go back and even see this less steep trend line oh my god do we have yet another 10 out of 10 now in the F minute time frame I can't see all the data so I'm actually going to bump it up to a 1 hour it looks like a laser show I know all these lines that I drew are on the 5 minute time frame usually when I start doing my top down analysis I stay in that lower time frame but we are backing it up just to see this one specific trend line here okay so we've got point a back here on this last High high and point B Okay so we've only got two touch points for this downward trend line here we did come in a little bit steeper with those trend lines that I had in the five minute time frame but this right here is still this is a great example of it's it's still a very accurate trend line it's accurate because this truly was an area where the price of gold made a high and then turned around same back here it made a high and then turned around so yes we have two touch points on this trend line we may very well get a third we've got to just simply wait for price to progress to see if we do get that third touch point but with the data that we have now to work with it's still an accurate trend line we just simply need to wait for that third touch point to see if we get it okay so I'd say for our trend lines on gold we're looking pretty A+ let's see if we can look at this upward trend line that we had in the lower time frame all right upward trend line we have point a point B and there is no point C we very well could have taken a signal here this could be a signal to go short according to my strategy price has broke this upward trend line that's got two touch points but it's not an A+ setup it doesn't have the three touch points but it does have the plenty of data so we can kind of make some adjustments have some discretion here on this trade and say okay no we don't have three touch points but we do have plenty of data to work with and a very clear point a and a very clear point B what's cool is you could simply just pass up on this trade how crazy you don't have to take every trade we could pass up on this trade and wait for a better trend line that has that three touch points and that plenty amount of data to work with or you can say you know what I'm going to go ahead and take this position anyways maybe it's not an A+ setup but the risk is very low so that very well could make this a a setup that you can take but just understanding that okay there's things that we can put into place here we don't have to take every trade we can wait for a better setup we can wait for a better trend line but I wouldn't say don't take it because you can still very well take it low risk here if it doesn't work out we're going to know pretty quickly with minimal risk so I'd say for this upward trend line we'll give it like a eight out of 10 that's too high we're going to give this a seven out of 10 now let's look at the low EST trend line that we have here this lower upward green trend line to go back we may have to go to a 1hour time frame to see where this trend line starts because this has a lot of data behind it we're going to go to the 1 hour trend line we're going to go to the 1 hour time frame all right coming in we've got point a back here on February 29th looking at 2036 that is the first touch point for this upward trend line the point B we are using on the most recent data I don't have a lot of confidence in this trend line one because the touch point that we drew on here is using the most recent data that we have very very fresh it's we don't have a very clear point B from the past that's giving us previous data to work with we are simply just using what price has given us very recently to use this point B or to use as a point B for this trend line I'm going to give this one a a very low rating I'm going to say one out of four for the trend line here and let me explain more so in the past we had this trend line in many different areas at one point we had this trend line back here we had touch Point very close touch points over here we had one two three four five six seven eight eight touch points I if I could give that a 20 out of 10 I absolutely would plenty of data we're talking eight touch points here on this trend line it truly price truly respected this trend line an excellent trend line but the fact that it has yet broken and we are simply trying to find which one is the new Trend we don't have as much data we don't have as much touch points so I would take this trend line we would have had it here at one point okay this was an area where price of gold came down and then turned around but then if we look over here it's broke it yet again so we don't have as much touch points we don't have as much data to work with for this new trend line and it just keeps getting broken every time we try to find this new point B it breaks it so this is why I'm I'm going to give this a very low rating for this new place where we have this trend line but in the past this was it this was the one when the price of gold crossed this this was A+ setup I just can't even Rave more about this 20 out of 10 trend line and 10 out of 10 setup for taking a short position on this trade here low risk I love everything about this setup everything about this setup but now if we're working with data most recently I'm I'm not feeling great about it so I would consider this a a missed move I didn't catch this trade I didn't catch this opportunity I want to wait for a better setup I want to wait for an area where the price truly does give me multiple touch points on this trend trend line so these are my ratings for gold trend lines let's move on all right now let's go to platinum my favorite okay let's start first and foremost this steeper upward trend line we have I'm giving that a two out of 10 this is too steep we don't even have a true point B to work with I feel like somebody just slapped that on the screen and they were like they were just guessing my idea here is I want to delete this trend line so much so that's why it's we have a two out of 10 for this trend line so we want to get rid of it it's not accurate it shouldn't be on the screen get rid of it now I want to wait for platinum to give me a point B I want to see the price come down and then turn around give me this new pullback this new point B okay let's say hypothetically speaking the price of platinum this very next candle starts turning around it comes up maybe it pulls back a little bit and then we finally get a move this is where I would put a more accurate point B for my trend line I would have this last low here and then just simply coming up to this new point B this would be better than trying to throw a line on the screen so it's better to simply just wait for a more clear a more accurate pullback a more accurate point B than to just throw one on the screen and it it truly shows patience as a Trader if you can show patience show discipline I mean your trading will only benefit from that so I would say right now if I had to work with what Platinum is giving me at the moment I'm going to have no upward trend line I am simply going to wait for platinum to give me a better point B but now let's look at the other trend lines here so we've got this downward trend line we've got point a here point B here we got close to a third touch point but not quite I would say this is still accurate it's it's not my favorite it's not incredibly aesthetic it doesn't have three touch points but we do have a lot of data to work with and we have a very clear area where the price of platinum came up and then started turning around so we'll give this one a six or seven out of 10 now let's look at the previous line we're going to back up a little bit more this line is coming from a much higher time frame let's go to the 1 hour and see if we can see the point a for that okay we can okay for platinum we've got point a this last high that it made at this 101 19.7 and then we've got point B this most recent High we've only got two touch points it doesn't feel as aesthetic it doesn't feel as as right we do have a true area where the price of platinum came up and then turned around but if I can go back back and show you guys where how many times we would have had to move this it it makes it feel less valid so at one point we would have had the downward line for platinum here this is a clear point B it crossed it then we would have moved it to here it crossed it yet again then we would have moved it to here thank gosh this it finally respected this point long enough but then still crossed it yet again so this would have been the most accurate this would have been the 10 out of 10 trend line if I had to pick one for a downward trend line on Platinum this would have been it we've got plenty of touch points the price for respected it finally and we've got a lot of data to work with here so point a point B Point C I mean we got 1 2 3 4 almost five touch points on this downward trend line but we didn't get that point B or that accurate point B until Friday April 19th whereas before we thought it was here we thought it was here we thought it was here we thought it was here and then finally we got that new point B and then it truly did respect it but then now we can see prices since then populated at one point we would have had it here then we've got one two three touch points this was actually a trade that I took this was a setup that I took price broke this downward trend line we had one two three touch points plenty of data to work with I said Yep this is my trade we're taking a long position here and I I think I closed it somewhere around maybe this 933 is area so capitalized on that little move here but you can see that I was kicking myself when it continued to go up even higher but if we had to find somewhere to put this new trend line where could I give this a a 10 out of 10 and I would say okay here it was at one point we had yet another downward trend line one two three touch points okay this would have been another beautiful long entry but then it crossed it so we had to move it again all right it gave us another one two three touch points on a downward trend line crossed it yet another entry to go long if you would have taken this this last most recent entry to go long we actually haven't gone anywhere so we may be going into some consolidation some sideways movement but we're talking trend lines with the data that we have most recently I don't have a 10 out of 10 area to put this right now this is all I have to work with we may possibly get a third touch point in the future but in this one hour time frame this is the only place I can put it we've got point a back here on this last high and then point B on another area where the price of platinum came up and started turning around these are my ratings for the trend lines on Platinum all right moving on we got silver silver is going to look fairly similar to Gold but let's go into that five minute time frame and see ooh okay I feel like we can all agree that this is ugly it is ugly this is not right this is not accurate we don't have a clear point B it looks like yet again someone just threw a trend line on the screen because they had to we don't have I think the the clearest the clearest answer to this is that we just don't have a point B yes we've got some data but we we have no clear area to put this point B so I'm going to say same same scenario here I am simply going to delete it and and wait for another one wait for the price of silver to give me an area where it pulled down made a new low and then started turn around again but now let's look at some of the other previous trend lines so let's look at the downward trend lines the downward trend line 10 out of 10 love to see it one two three four touch points maybe we'll give this an 11 out of 10 we've got four touch points plenty of data I have no complaints about this downward trend line I'm here for it but now upward trend lines we don't have anything to work with and this is where we have to be patient as a Trader we got to just sit on our hands wait for a better point B let's move on to Copper this is going to be our last instrument here copper gave us some very interesting interesting moves recently and let's go over them so I left some lines on the screen here that have already been crossed but I want to go through them and talk about why they were 10 out of 10 but now why we need to delete and find a new one so for this most recent downward trend line absolutely beautiful now this is an instance where we had a A+ setup 10 out of 10 trend line one two three four touch points even with all of these items on our checklist marked off it still was a fake out this still was a trade where it didn't work out even though everything pointed to this is the one it ended up not working out we just have to make sure that we have alerts set that we have our stop losses set that we have our safety lines or whatever parameters you guys have to mitigate your risk but right here this would have been an instance where everything was pointing to this is the trade this is an A+ setup and it still didn't work work out but price is since then populated this line is no longer accurate let's go ah a and delete it okay now we have another trend line we've got 1 two three touch points okay love that but price moved so far away from that trend line so incredibly aggressively far away from that trend line and then finally came back to it created a fourth touch point this would have been an indication to okay these are long positions we've got one two three four touch points here I'm going to say even though price moved so aggressively far away from it but still you know if you could have given this some time ended up making its way back to this trend line I'd say 10 out of 10 and this happens to be an example where this would have been the trade we've got the A+ setup we got the 10 out of 10 for a downward trend line and this happened to work we would have thought long positions here and actually as of this candle right now that's populating we would be considering closing this very soon now making sure that you have some things in place if you are considering closing that long position making sure that okay are we truly convinced this is turning around do we need to wait for the candle to close before we actually close this trade we want to make sure that okay are we are we about to get faked out is this truly turning around and coming down and just simply by waiting for that f- minute candle to close could give you just that added confirmation that could be as simple the simple confirmation that you need to close this trade let's say that for example it doesn't actually continue down and it just simply faked us out it started pulling back and then turned around and this is where a benefit of waiting for the candle to close could help you in a trade but right now it looks like this is continuing down there's about 30 seconds left of this candle just wait give it 30 more seconds see if this thing is going to continue down close that trade take that profit or we may be considering reversing going short or if this pulls back above your line that's keeping you safe then we're staying in our trade this is an example where this A+ setup did work out but I didn't take that trade so now where do I need to put this line so I'm not in either one of these positions so I'm simply going to take this point B and move it here now this trend line what's the rating I'm going to say this is a six out of 10 I don't have a whole lot of data to work with but it is a clear area where the price of copper came up and is starting to turn around so I'm going to say six out of 10 not my favorite I wouldn't consider it an A+ setup if it gets crossed but it's still valid all right guys that was my analysis on trend lines and my ratings for each one of them if you guys have the same trend lines awesome if you don't drop it in the comments see you guys in the next video