Indicators rely on price but technical analysis is not useless. Most people just don't have the right theory to base their analysis on. That is one reason I started this thread. This should get the debate going! I believe that even though the price process is governed fundamentally by a stochastic process, there are ways to detect the "signature" of specific price-processes.
There is a top force directing affairs and markets respond to well-defined nodes even though the participants in the market may not know the effect of their actions!
Our job is not done yet: Trading this successfully will depend on your GREED AND MATURITY!!!
There is a top force directing affairs and markets respond to well-defined nodes even though the participants in the market may not know the effect of their actions!
Our job is not done yet: Trading this successfully will depend on your GREED AND MATURITY!!!