you and me both; once upon a time I was a scambaiter... Death to HLF (I would have said something to those mugus)
You are correct, charts do not print exactly alike...but they rhyme. The art is the ability to read verse. I will very occasionally visit one of these forums for a laugh. Telling a professional technical trader that TA does't work is like telling an astronomer that there is no moon.
I have a little "personal" knowledge about scam baiting also. That's one reason i can see right through this bandwagon TA effect on elite.
If I see something that does not "work" for me, I ask myself the question: "is it really not working or am I too stupid to understand it?" But on ET there are some posters who know that they are so smart they understand everything in trading. That behavior is the ultimate proof of stupidity and also of arrogance. They never heard about being humble. Probably too much problems with their ego. PS: this is the 1001's thread about TA. In a short time "trendfollowing" will start again too. Why? Because human behavior is predictable and repeats itself over and over again. Just like in TA.
It works on all timeframes but the lower you go, the more squirrely the price action. Scalping is a tough way to go.
Excellent analogy. Surf is like a person who lives in a strange land where the sky is always cloudy whenever the moon is in the sky, so he's never seen the moon. Consequently he doesn't believe in the moon. But he is also ignorant of lunar tides, which is evidence of the moon even when it's hidden by clouds.