Dear All..
This might sound like a stupid question, but if i dont ask, i would never know??
I have heard that any trading system you sue looses its edge with time or when market condition changes or when lots of people start using the same system??
If the above statment is true then shouldnt it also applied to the candle stick (like doji, shooting star, morning star,or engulfing )pattern which are high reliability patterns or like pin bar in bar charts.
Would the candle sticks will loose their reliability if market changes?
OR
Is it possible that in future the forex market (i dont know the correct word), changes so much that these candle pattern does not hold any importance??
regds
zamir
This might sound like a stupid question, but if i dont ask, i would never know??
I have heard that any trading system you sue looses its edge with time or when market condition changes or when lots of people start using the same system??
If the above statment is true then shouldnt it also applied to the candle stick (like doji, shooting star, morning star,or engulfing )pattern which are high reliability patterns or like pin bar in bar charts.
Would the candle sticks will loose their reliability if market changes?
OR
Is it possible that in future the forex market (i dont know the correct word), changes so much that these candle pattern does not hold any importance??
regds
zamir
Thanks and Regards
Zamir M Iqbal