Do Trendlines work?

Trendlines NEVER work, except for my own but I don't use them anymore.

 

I would like to thank maestro for straightening out my trading.

 

You should thank your self for taking an action! I have seen our in-house traders doing the same thing and becoming star traders. Computers are there to display and calculate and you are there to make decisions. Congratulations! You'll never look back.

 

Hi Maestro,
How do your guys manage to pick the right screen to look at?

 

Who's got trendlines for this am?

 

I probably won't trade until price gets outside of the levels indicated on the attached chart.

 

Countertrend small lot "tick" f%*k ---
so to speak.

Tradersaavy thanks for the charts.

 

On a limb here for midday and PM. It shows what I would percieve to be the next sequence of boundaries. The slope is far fetched but we shall see... Additionally there should be a pennant as a transition from midday to pm... My perception is that volume will dictate. Clearly, I'll need to keep undating my lines as the market unfolds.

 

That's what I'm thinking to. Catch the people at the top and gather momentum DOWNNNNNNNNNNNNNNNNNN

I could be wrong.

 

to^o