Many people think that forex market prices could be predicted by some scientific theory but that is definitely one of the biggest trading myths. I think that a good trader would always find a better way to find out how the market would move. If the forex markets could be predicted by some specific theory than all traders will be rich and no-one will loose any money. It does not make a sense, does it?
I will recommend that the best way to trade forex markets is to use the economy calender and forex charts. The most important thing for a trader is to analyse the news, not just to read it.
