I have been reading the book practical speculation by victor niederhoffer and he states that almost all- save for the VIX indicator (stocks only) are useless. Ok, so if they are (which there are lots of successful technical traders and many, many more that are not.) no good indicators how do you trade FOREX? and how do run the tests myself to see what is good or bad besides backtesting in say metatrader? I have a copy of matlab and mathematica and a real desire to learn- but where do you start with this? options and dervitives have modules but what about forex? or should I just tell vic to stuff a gann fan up his a**?