Forex Price Movement – Which is the Best Way to Predict Market Movement?
Today there are many predictive theories of Forex price movement and the speed and processing power of modern computers means that programmers can develop ever more complex theories to predict prices so which one is the best? Let’s find out… Mathematical theories are not new and theories such as Gann, Elliot Wave and Fibonacci have been used by traders for decades and today we have the Forex robots and expert advisors which claim there complex mathematical algorithms can beat the market, so we have a lot of theories to choose from. In our search for the best mathematical theory, let’s make a point: Forex markets are moved by humans. Humans by there very nature do not think logically so markets cannot move to mathematics and they did, we would all know the price in advance and there would be no market! For a theory to be mathematical it must work ALL of the time otherwise its not mathematical! No theory that claims to be mathematical works all the time and thats a fact. So the answer
