Just an ordinary guy who doesn't tolerate your BS. Don't make nice here, deal with your situation in the other thread.
Reading price on/ from a chart is considered technical analysis I defy you to show one example where price lied â ever Just one mind you ============ Given the thousands of years tradings been in existence.., and untold number of traded instruments over those years - shouldn't be hard RN
Price never lies but TA often misrepresents what price is saying. Otherwise we'd all be rich. The issue is that price doesn't speak English ... or any other human language. So a trader has to use a translator (e.g., technical indicators) or expend the 10,000 hours necessary to learn to read price directly. And unfortunately most technical indicators are like that guy at Mandela's memorial service who was faking his sign-language translations.
Secret to reading price is not technical indicators but ability to comprehend multi time frame reads.
If by "TA" you mean indicators, then, yes, they often misrepresent what price is saying. But it doesn't take anywhere near 10,000 hours to learn how to read price, particularly if the trader is new (if he's experienced, it takes much longer). If indicators take less time and/or are easier, then why do so many people spend so many years trying to come up with something useful yet still be unable to make a living?
If you're asking why more people don't use straight lines, my guess is that they realize intuitively that price seldom moves in straight lines. The principle behind technical indicators makes sense on a gut level. But it's like medicine in the pre-scientific days for most technical traders, and few have what it takes to make the leap to scientific analysis. Add to that all the secrecy around advanced indicator development, something no other science has had to put up with, and the status of effective technical indicators boils down to this: Those who know don't say, those who say don't know.
Indicator development and refinement is a lot like lab research - many wrong turns and dead ends. If you don't enjoy the process, it is easy to get discouraged and give up.