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On Wednesday, April 10, 2002, 6:06:11 PM, Earl Adamy wrote:
EA> Confluence increases the probabilities for the trader.
I agree. I was trying to get an idea of *how much* the probability
might be increased by such effects. If one knows the individual
probabilities, then the combinations can be determined as well. This
might lead to certain combinations being much more attractive than
others. Then again, this assumes independence, which may not be true,
so that would have to be tested as well.
Might be nice to know, quantitatively, which combos work best.
ztrader
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