Is it just me or have u also read the some so called "experts" do technical analysis on a daily basis. I find their analysis very entertaining. Maybe they think they are smart and market readers, but in my humble opinion they only show their ignorance and state the obvious. BECAUSE NOBODY HAS CONTROL OVER THE MARKET. Nobody knows what the market is gonna do. (That is why some use indicators. And the most posts/discussions are found in the Trading System categorie. Everyone is looking for a system that can predict the market)
In short all the technical analysis are saying is: "The Eur/Usd might trade up, but then again it might also trade down."
That is like saying: "It might rain tomorrow, but then again it might not rain tomorrow"
Please correct me if i am simplifying this or overlooking some very important calculations/formulas/guessing
In short all the technical analysis are saying is: "The Eur/Usd might trade up, but then again it might also trade down."
That is like saying: "It might rain tomorrow, but then again it might not rain tomorrow"
Please correct me if i am simplifying this or overlooking some very important calculations/formulas/guessing