Looking at charts ( ) is just the alphabet of learning economic-fundamentals that drives the market. It learning economics informs your views of what is going on in the chart and what is about to happen with confidence, which is why billionaires make big investments. This is why you buy a car after "comparing" it to another car. Well, this is what is going on in the markets. You don't by a car because the moving average looks great or because it is at a fib, now do you?
This is a simple strategy. It is just plain silly that the "gurus" say, "Forget economics! Forget the economic fundamental data!" Lol!! It is ludicrous. Of course they can be right sometimes with their chart wizardry, but economic-fundamentals never lie; there are just missing pieces or because the person doing economic is a newbie, trying to learn, which is why they are wrong sometimes also.
Try telling George Soros about your squiggly lines. Why are there not billionaire "chart wizards" (pure chart gamblers) like Soros or Buffet?
Sometimes I become a chart wizard too because this is apart of looking at economic fundamental data! There is no economist that does not look at a chart of something to draw a conclusion. Al the "gurus" you are paying are scamming you and telling you lies.
Nothing is as powerful as putting yourself in alignment with the economic fundamentals and waiting patiently like a merchant (economic fundamentals) and a trader (push the button and look at lines crossing).
I will post my ECONOMIC-FUNDAMENTAL predictions for the US Dollar on the economic calendar by the end of today.... stay tuned!