Day Trading Without Charts is discussed quite often on Trading Forums. Most of the discussions are based around whether day trading without charts is even possible. It's as if you were discussing "trading blindfolded" or "juggling while riding a unicycle".

People aren't discussing the merits of one type of analysis over another, they have already decided that this chartless trading must be something really, really difficult or just downright impossible.

On the 15th January, 4:30PM EST, Peter at Jigsaw Trading will be holding a webinar entitled "Trading Without Charts - How and Why?". We'll be looking at using the intraday volume profile to find good locations to enter trades. What we will be doing is boiling trading down to a few fairly simple concepts. Who is long? Who is short? Where are traders trapped? Where can we get into the market with minimal risk and good potential reward? Rinse and repeat.

This is not terribly complicated or difficult, it just requires you to think about the market in a certain way. This doesn't mean you need to throw away charts either. You can incorporate this sort of analysis into your chart based trading too. It's just another way of looking at the action.

Note  that this sort of analysis is slightly  different to longer term volume profile analysis that you might do as part of your pre-market prep. This is pure intraday positioning based on the developing action.

For a taste of the sort of analysis we'll be discussing, take a look at this blog post - Trading without charts? Live volume profile analysis

You can register for the webinar here