[Soultrader]

Great post Raul. I never found trendlines too useful in my trading. I use it on my daily charts analysis but in intraday trading, a trend will travel towards the next line of pivot. Then its up to market internals to decide whether price will travel higher or reverse. Therefore, relying on just pivots and S&R levels seem to do the job just fine. I think new traders still struggle in identifying the appropiate S&R levels. Every line of support/resistance seems like a key level to them. Its very hard to trade this way.

stephens: We are trading against other traders. Try to picture what the pro's are watching.

Channels work on the TICK's fairly well. I like watching TICK's break a channel and I would enter on the next pullback on the TICK.