
Forex Trading Zero Sum : Much Of Forex Technical Analysis Is Worthless - The title of this article could be somewhat strong but it is important for Forex traders to know if their technical study is subjective or objectiveavid Aronson, author of, Evidence-Based Technical analysis says that there are two kinds of technical analysis, subjective and objectiveere is what he says about both:"Objective TA approaches are well-defined repeatable procedures that issue unambiguous signalshis allows them to be implemented as computerized algorithms and back-tested on historical dataubjective TA methods are not well-defined investigation proceduresecause of their vagueness, an analysts private interpretations are requiredhis thwarts computerization, back testing, and objective performance."In other words, anytime a trade signal is interpretative or leaves in question the direction of the trade, the exit or the entry; the technical study is subjective and in my words, worthlessany traders will argue that this is not true but take for example Elli ... [Read More - Forex Trading Zero Sum]
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