Quote:
Originally Posted by fcmtrader
The best indicator for determining price action is.......price!
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It's funny. For the longest time I had no idea what that meant.
The best way to predict the weather is... the weather.
Is it cloudy outside? Has it been cloudy before? Did it rain the last time it was cloudy? Is it going to rain? 50/50 chance of getting it right.
On the other hand... is it sunny outside? Has it been sunny before? Is it Thursday? What's quarter of the moon are we in? Does the month begin with J or A? Is today's date less than 1/3 of the total number of days for all months that begin with the same letter as the current month? What color shirt are you wearing?
...is it going to rain?
Go figure.