Debunking eight Myths About Technical Analysis

Search For Jobs Trend-following and contrarian patterns are found to coexist and depend on the dimensionless time horizon. Using a renormalisation group method, the probabilistic based state of affairs strategy displays statistically signifificant predictive energy in essentially all tested market phases. Among essentially the most basic ideas of typical Technical Finance technical analysis is that a development, once established, tends to proceed. However, testing for this development has often led researchers to conclude that stocks are a random walk. One [...]

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