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But banks also employ technical analysts who use well known technical signals like support and resistance. Your and lumberjack's theory does not apply to them a

But banks also employ technical analysts who use well known technical signals like support and resistance. Your and lumberjack's theory does not apply to them and yet they get paid.

nabla9 11y ago
>But banks also employ technical analysts No they don't. Technical analysis is to professional trading what astrology is to astronomy and big banks don't use them. Those books are snake oil sold to hobbyists and small time traders. Large banks, investment management firms use completely different statistical methods.