Jump to content

Where's this one going?


Recommended Posts

Posted

It may need to retest the Low before going higher

Posted

I could devise poll where there would be 5 random old charts and then reveal their outcomes. If necessary I could change the numbers on the right hand side of the scale (maybe divide by a constant number). It is true if we know what the chart is, there will be some cognitive bias.

Posted

A far more useful and pertinent question would be what it means if the chart goes one way or the other, and how best to position yourself to mitigate the risks in the event of either extremity?

Posted

I like doing this sort of test with Ratios, since the chart pattern may not be instantly recognizable.

 

But the breaking of trends can still be important.

 

When would you be most interesting in buying THIS ratio?

 

A_zps52c3aca7.png

  • 3 weeks later...

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...