Hi Nanitek

Trendlines definitely DO work, but as Sphin suggests in his reference to "Technical Analysis of the Financial Markets" it is not as simple as them just working. You will see a lot of false breaks to trend lines or channels, and the gradient can change as well in really long trends. I would suggest using trendlines as one part of a strategy, not as a strategy itself. Also, so long as you are looking at trendlines, look at support and resistance as well. This tends to be cleaner and more meaningful.

Also, in regards to both of these you will find that every market behaves differently. The E-MINI loves to find support and resistance, break them, clean out all the stops, and then just fade the whole move, whereas a break of a significant level in the DAX tends to be more meaningful.

Thirstywold