Its a basic indicator, I certainly would not use it but there is no statistical model to show how succesful it is. Which is a basic question. What probability does the setup have ? The answer is not...
I completely disagree with citikot. I think trading is all about patterns. Big banks are really big on pattern recognition its really important aspect of trading and neural networks can be a vital...
Well no one can guarantee what will happen next. Gambling relates to probability theory which talks about how to calculate the probability of an outcome and how to best calculate the odds and even...