Perennial mystery of understanding Trading Markets continues to this date. Does forecasting work?
Yes, forecasting works, as can be seen just at a glance, from the attached ppt file covering period of 2009-2012 for Gold, Crude Oil, EUR/USD, GBP/USD and AUD/USD.
Much higher no. of forecasts which have come true (in blue boxes) as compared to failed forecasts in red colored boxes proves that it is possible to understand market movements to a great accuracy.
Linkedin%20TrackRecord%20RahulC.ppt
Comments/views are welcome.
Regards,
Rahul Chandra
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