"Take forex for example. No F/A involved yet some traders are making a LOT of money"
Dr . and @Freehold hi - I had the good fortune to attend a 4 session seminar with Steve Nison in 2001 in at NYIF in NYC in Aug 2001 (just before you know what).
Naturally it was about candles.
But he raised the issue of TA and FA, and said, with specific reference to FX, "how can anyone possibly determine the direction of a country's current? There are just so many factors to take into account, it's impossible. So you have to use TA." He was in the industry for decades (teaches now, and I am sure still trades) , he introduced candles to the West while at Merrill. He is not to be taken lightly, as you know.
wombat
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