Technical analysis for consistency?

Fisherfisher

Junior member
23 3
Hello, I have been trading FX using technical analysis and am struggling to become consistent. When back testing the market moves randomly and I cant seem to find a edge. I don't know anyone who trades and sometimes feel like its not possible to beat the market and be consistent using TA.
Is there any one who is taking consistent profits using TA? should i carry on trying to find a edge or move to a more fundamental strategy as i understand this is ultimately what moves price.

Thanks
LF
 

NVP

Legendary member
36,279 1,787
Hello, I have been trading FX using technical analysis and am struggling to become consistent. When back testing the market moves randomly and I cant seem to find a edge. I don't know anyone who trades and sometimes feel like its not possible to beat the market and be consistent using TA.
Is there any one who is taking consistent profits using TA? should i carry on trying to find a edge or move to a more fundamental strategy as i understand this is ultimately what moves price.

Thanks
LF
yes it is possible ......technical analysis embraces everything ......my only advice is dont just use it in isolation......