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Those people that hold the opposite view feel that prices are random and can not be predicted with any degree of certainty. They have as far a calling techie analysis “voodoo science” since does not fit the mold on any scientific model. They say past outcomes will not be an indicator of were prices may perhaps move in the long term.


No matter what individuals which are in opposition say, the vast majority of traders use it to create their trading decisions. It is firmly entrenched inside the trading community and that’s not likely to change. Expert advisers or Forex robots are programmed with various techie analyses indicators and that is what they use to generate their signals.


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