Randomness

[Henry]

Has anyone read BWILC? The author claims that the market is random and price movement cannot be predicted. I think he is right. When I started out on a demo account, I treated it in the same way and was quite successful - to the tune of 10 000 pips per week but that is very hard work. :D

What are your thoughts on randomness in the currency markets?

[Henry]

Originally Posted by Henry

Has anyone read BWILC? The author claims that the market is random and price movement cannot be predicted. I think he is right. When I started out on a demo account, I treated it in the same way and was quite successful - to the tune of 10 000 pips per week but that is very hard work. :D

What are your thoughts on randomness in the currency markets?

After I wrote this I thought about giving that method a try again. I am up about 1250 pips for the day. The problem is that you cannot leave your workstation whilst your trading and programming an EA is near impossible. So do I leave it or carry on? :confused: