OK I am sure this question has been broached many times but is there anyone out there that is able to make consistent profit using technical analysis.
When I say this I am talking about using indicators, trend lines, Support and Resistance etc...
Is there anyone here who makes money using technical analysis.
Also how do you take the fundamentals into account? for example at the moment I would find it very difficult to go short EUR/USD as i just don't see that the longer trem picture will change and the USD will continue to weaken going into at least the early part of 08.
When I say this I am talking about using indicators, trend lines, Support and Resistance etc...
Is there anyone here who makes money using technical analysis.
Also how do you take the fundamentals into account? for example at the moment I would find it very difficult to go short EUR/USD as i just don't see that the longer trem picture will change and the USD will continue to weaken going into at least the early part of 08.