The correct use of the technical is not to be like an "arrow sign" but to be used as a "market judgment."

This is easy to get wrong, but

you must not use technical analysis in the way of signals or arrows

market judgment

you have to think about the overall market, or it won’t be usable

If you could trade automatically without discretion in the first place

then you wouldn’t need manual trading at all

This is true for any information product

from the start, there aren’t such elements

Automatic trading won’t make money to begin with

you should use technical analysis in terms of market judgment

the features of technical analysis exist for that purpose

however, those features can also be deceptive

don’t become a devotee of technical analysis

in this market, there are such features of technical analysis

that tend to grow, so think of them as vague elements like “likely to become X”

there are many markets where you should believe them, but

you shouldn’t believe them too much either

you want that kind of information judgment from technical analysis

if you use such technical analysis, you’ll say, “There’s no doubt you can make money with technicals”

so opinions like “you can’t make money with technicals” are only opinions saying you won’t make money unless you incorporate those elements

※ For those who want to keep earning in FX, see here ↓