A small-time scalper needs only the underlying motion of the ocean - oscillation - (or more specifically, minimally spread-clearing volatility) to catch some pips. Enough pips.

What I learned after losing $300,000 trading forex

I have some theories about the shortcomings of technical analysis (and models in general) that I prefer to work on privately and hoard for my own benefit. It seems there is a lot of bragging/cock-fighting/strutting-and-preening activity on these ...

Technical Analysis Fallacy