<i>"Hope I understood what you were saying about your chart. I wouldn't discount trendlines so quickly if I was you. Some guys in the chatroom doing some amazing things with them..."</i>
I've only ever skimmed snippets of this thread, always think to myself I should spend a few hours of spare time reading the entire thing. Someday I'll find a few spare hours somewhere, once they start putting 30 hours on a clock. (laugh)
The overall approach has changed dramatically in a year or so, and that's how 100% discretionary methods get continually tweaked.
Price action itself is enough for some traders to work with, but not enough for others. We all see things differently. Indicators like volume studies, retracement grids, dynamic pivots (market emotion lines) and others add visual support that makes a big difference for some people.
Trendlines have to be the oldest form of technical analysis dating back 100s of years on paper and quill pen charts. They worked then, they work now and they'll continue to work forever.
Volume indicators on a chart visually show what screen time sees inherently without them applied. After awhile, you will literally see volume spikes and ebbs inside the bars as they form. Candle bars show them as long bodies and long doji bars in real-time and hindsight. Based on the other candles before and aft, you learn to see where volume was/is based on bar action alone.
Meanwhile, whatever visual indicators help a trader discern what's happening now help bridge the trip from conscious awareness to unconscious awareness. In simple english, that means trading plain charts alone isn't enough until enough screen time logged.
Everyone sees the same charts in real-time with real money pressure, differently. It's always been that way and it will always remain that way. Add, subtract and tweak until we see the endless shades of gray more clearly defined towards black & white.
Someday I'll find (make) the free time necessary to read this entire thread... I promise
