Current market situation

WArning warning, Current market is a crap.

I believe you guys out there had heard many news regarding how bad the economy is.
There is a saying, the currency market shows the earliest signal of how the markets is currenly.

I had been working on a new strategy in forex. The market had become very choppy, as many mix signal are affecting the market. Daily movement of the market had be up and down, down and up...
Trend trading which my school had taught me will not work in current market. AND PLS my memtor in forex say that his strategy works in all market condition. From my analysis, long term will not work but short term, maybe...

I am working on Elliott wave, A SUPER KAN CHIM, a very interesting method to analyze the market. And also the most basic of forex trading, Resistance and Support level Trading.
I believe all this method could work together to increase the chance of wining a trade. Did a few testing on the strategy, Lose a bit win abit, still undergoing lots of research by me. But i myself believe that resistance and support, is the one that can work in all market condition. But it is more diffcult for normal crowd to understand it.
Experience is more important. Still i am such a "noob" juinor in forex trading.

JUst to update the guys out there on what i am doing.
I starting a join venture with my friend in fasion design...(not as a designer)
Working on my own gaming business with my brother..
Forex forex forex which is killing my brain....