Does price revert to the mean or median alot on currencies, from memory ive read that currencies revert 60% of the time(i could be wrong)? Are there econometric reports I can read? What things, methods etc, are known NOT to have a statistical edge, so instead of rehashing failed methods/ideas we can concentrate on finding real statistical edges?
You mean Jack Hershey, advocating trendlines, channels and S/R? Had no idea. For me, yes. I find all those tools useful in more reliably interpreting pure price action. Especially S/R, together with recurring patterns and time.
I was a quant. In a previous life aka the rat race. Took me a long, long time and tens of thousands in losses to get over that mindset for trading, to the exclusion of right-brain thinking, such as TA. Sounds like all that quant baggage, er, stuff, still slips through in my posts occasionally, huh.