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Old 11-24-2006, 10:23 AM
Anna-Maria Anna-Maria is offline
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Re: How valid is technical analysis?

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I am with Kiwi.

We use TA to look for high probability entry/exit point. It is just that simple.
Ditto, Kiwi's comments. Especially the points made in the 4th paragraph of that post.

The entry/exit points Gav speaks of are merely the map & signposts of price.

Sometimes those signs get a little blurred & alter course along the way. But I'd sure rather have a reference point to check my direction & rest stops than no map at all.

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