BenNathanFTA posted:Without Fundamentals you are gambling... trading on the CHANCE that a pattern if traded enough will eventually win.... I agree with your statement here - a pattern "may" mean something but doesn't overide sentiment/news/fundamental changes.
btanalysis posted:Any long EU breakouts are doomed as long as the Greek issue weighs. The bot (being a fairly simple code) has no way of seeing it. So you have every chance for a lengthy losing streak here. The US economy is consistently underscoring its recovery expectations, so the buck keeps plunging now and then on the US data releases but these breakouts are immediately capped by "mounting fears over Greece" (I'm pretty sick of this cliche already - will eventually post their glossary). That's why the long EU breakouts never lead to new trends and the bot keeps hi...