How to recognize AccountCurrency chart by EA - help needed! - page 3

 
RaptorUK:
I use SR and Fibonacci.


Well, for me those are also indicators.

I will tell you one thing about Fibs - I studied them, too.

The problem is that looking backwards you will always find

such levels which fit the theory ideally. You can always find

two levels, no matter what timeframe you use or even a subtimeframe!

Forwards, this method can not predict the future, either.

Though, there is one method to win, and it is as old as the roullette.

But, has some limitations. I am thinking how to apply this method.

BTW: Did you consider DailyOpenPrice?

 
RaptorUK:

Neither forward testing nor back testing is a guarantee of what will happen in the future, a forward test is just a slow back test by the time it has finished.

Right about that.

Thus, NO testing is any guarantee - so you will never KNOW!

All you can do is BELIEVE!

In other words, you will know that it was working, but will it work tomorrow!?