Having watched that video that I posted, the guy scrolled through quite a bit of hours worth of time frame and past history on that platform and of all the buy and sell alerts, only one of the solid strong alerts would have provided a bum trade, but even it was only a bum trade if you stayed the trade and ignored the upcoming fresh new strong alert in the other direction which offered a huge amount of pips. So, the one false strong buy signal would have been a huge loser if you entered the trade, shut the computer off and ignored the upcoming equally strong sell signal.
This all comfirms my observations that if there is an "idiom" as "da chief" offered up to us in an empty, unsupported gesture of lordship, it's that everything in forex is a headfake and you have to continually view the charts in expectation of the next forthcoming headfake. Most every trendline is briefly broken to get the retail traders comfortable with a breakout before pulling the rug out from underneath them and continuing the trend. Most every fib is compromised briefly with enough pips to give the illusion that the fib level is not going to hold price. Most every bounce is tested and retested with new support broken briefly and presented as resistance and then that broken to shake out the majority for maximum gain to the broker I'm assuming. You notice I said "most" every just to help keep the masses uncertain and at a disadvantage.
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