Technical Analysis is great. Whenever you encounter someone who

>>2267769
Right. Merely memelines are legit

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103KB, 720x960px

>thinking the fundamentals matter

yeah, that's probably why algos rarely make money
wait...

>>2267840
High frequency/algo trading is not based on TA at all. It's usually 1. substantially more complicated than that and 2. taking into an account a massive amount of variables in a statistical sense (where things are trading relative to their average daily range, relative to other securities, relative to other correlated securities, whether or not those correlations have momentarily broken down, etc etc etc etc).

A standard algo trade would be regression to the mean in different parts of the treasury yield curve as it reacts to news and reprices itself, things like that.

>>2267852
all those thing you mentioned fall under technical analysis, dipshit
most big players on Forex and future markets operate with a mix of stochastic analysis, price action and, of course, news.

>>2267769
Took me years to figure this out.