|
PureBytes Links
Trading Reference Links
|
All time cycles have a tendency to expand and contract and the shorter
cycles are impacted by longer cycles. They are good for a guide in
utilizing what ever system you use. Like anything else you can carry
cycles to an extreme as they did in the 70s after Hurst published his findings
on cycles. There are certain things that seem to remain constant
and that is that time cycles provide both positive and negative pressure
upon price. That directional changes take place on the 1/2 cycle
and that nothing in trading is set in stone. So it is the understanding
of what you are using that is the key to success in trading and not the
blind use of some indicator or trading methodology. Ira.
Jim White wrote:
Ira,
My work, based on chaos theory, models the market as a nonlinear dynamic
system with the dominate cycles being either expanding or contracting
periods. Static cycles, such as this , are a linear approach and may
work
for a while but can invert or change period. Do you have contrary evidence
that this 31 hour cycle is reliable over the longer term?
Jim
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|