Recent content by Rosum

I also was asking myself the same question... I think the best I can say now is they don't always work. We need to talk probabilities. So I think it is possible to come to a certain kind of analysis that gives you 70% on average. I posted my results here...

Quite an amusing thread... I am newbie too but as I was playing with Elliott Waves I came to some interesting conclusions. I have them here: http://forex-chart-monkey.fxworldchart.com/technical-analysis/