Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

How to Use the Concept of Mean-Time-to-Failure When Trading

By

MTTF can tell you where price might go.

PrintPRINT

Note that 47 bars is a rather long time for a short-term trend to persist. If you look at the data, the cumulative probability of a trend failure for a short-term suspected bullish trend of this duration is very high. In fact, it's approaching the 80th percentile, as shown below.


Source: www.stockcharts.com
No positions in stocks mentioned.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE