Perhaps some are right. Perhaps technical analysis is not the problem, but how we use it. The error is to expect certainty where there is only probability.
Perhaps some are right. Perhaps technical analysis is not the problem, but how we use it. The error is to expect certainty where there is only probability.
Finally someone says so. This is a game of odds, not a religion! The problem is blind faith, not tools.
And it also influences the time frame. What looks like noise in M5 can be structure in H4. Context is everything.
What if the technical analysis works only because many believe it? What if it becomes useless when most abandon it?
Maybe the technical analysis only works as long as it's a self-fulfilling prophecy, but as long as I keep giving a certain edge, I'll keep looking for ways to take advantage of it, even if it's in the middle of chaos.
Great debate which has been set up here. I would like to provide a more structured vision, especially for those who are caught up in that stage of scepticism with technical analysis (AT)
Thank you for taking the time! That explanation made a lot of things clear to me.
I still think they're imaginary and subjective lines.