Maybe you heard or read somewhere Warren Buffett's opinion about TA:
"I realized that technical analysis didn't work when I turned the chart upside down and didn't get a different answer."
Let's review this, taking into account described before paradigm of scientific analysis. Remember in this approach TA is not defined. Buffett got chart of some stock and...
Division of analysis into two subcategories (fundamental and technical) seems to be a concept that has not profound base under it. If you find standard definitions of these and compare them, you'll find that major difference is the subset of data which analysis rely on. For technical analysis - subset contains historic prices and volume data, for fundamental -...
Think of forex (or cryptocurrencies) trading as a creating a portfolio (a "basket" of currencies) and maintaining its good structure by planned rebalancing. It also allows to reduce net risk (diversification! Markowitz like it!). E.g. now I have five positions - pairs with absolutely different currency symbols. Some trades are lossy, some are profitable. All you...
