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How can you expect to see the future by looking in the rear-view mirror?
Why would I use TA? Everyone uses it. I will never make money using TA for I'm not smarter than the professionals. Don't get me wrong, I read charts, for they tell a story. This story is help understand what might happen in the future. However things like: bollinger bands, RSI, MACD, stochastics, or moving averages don't really tell me much of anything, and to be honest, muddles my thinking more than anything.
Why would I use TA? Everyone uses it. I will never make money using TA for I'm not smarter than the professionals. Don't get me wrong, I read charts, for they tell a story. This story helps me understand what might happen in the future. However things like: bollinger bands, RSI, MACD, stochastics, or moving averages don't really tell me much of anything, and to be honest, muddles my thinking more than anything.