Here's another observation: At too large of a timeline, trend lines become meaningless. Can you honestly draw any conclusions from this AUD/USD graph of last 20 years?
The trendlines I use only need two (and only two) most recent swing highs or swing lows. So looking at a 25 year monthly (or whatever timeframe) chart is fairly straight forward in that prior bars back before the first swing are noise and can basically be ignored.
what meaning are you attaching to a trend? it is movement in the same direction.......a movement of 5 ticks up is a trend. of course that 5 ticks may be all illusion or Maya as my wise local country men have said.
is any thing real in any business. is anything certain in any business millions use TA. 95% lose but 5% win. what does that tell you.what does that mean? that 95% do not know how to use it. it is apparent that you are one of those 95% who do not know how to use. nothing to be ashamed of. but that does not mean TA is mumbo jumbo that is a servant to only 5% of traders
Ease up. He's looking in from the outside, for the first time. I applied it to my trading from day one, and it still feels uncomfortable for me to accept. Then throw in nonsense that you see people promote. Just buy/sell MA, which works so perfectly on some youtube video, but the first time you go to do it, the market plays chop/chop with that number for the next three hours. Funny how I've never seen that happen to someone on youtube.