Trendlines are an extremely difficult tool to master. What if there was a way to draw perfect trendlines every time. The art of drawing a trendline comes down to intuition and experience and it is this, that makes it difficult for amateur traders just starting out. But there is way to draw trendlines in a very systematic way, so that if every person on earth used this system, then everyone's trendlines would look exactly the same! Wow!

Experienced traders use gut feel and experience to determine where they draw a trendline. But get several of these people together and tell them to draw trendlines, look what you get!

So why is this? If part of your trading plan is to trade support and resistance, then a lot of your entries and exits are going to be positioned according to where your trendlines are! Even when using horizontal support and resistance lines, what are you applying them to? And here lies the problem. Have a look at the charts below. Some trendlines are drawn using the highs and lows, others using closes and opens, and then there's some with a mixture. Very confusing!