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This paper deals with the issue of "Pattern Picking."
A market pattern will either "hold" and
be valid or it will "break" and not be valid.
This work reveals that in P&L terms the pattern
that does not work is the mirror image of that which
does. The student learns to use this reality to collect
the patterns they are comfortable with, and be further
directed by the proposition that is expressed in the
'Psycho-Paper'96' and "Predicting the Next Weeks'
Highs and Lows', that a healthy balance of conception,
mechanical, and emotional 'centers' is required for
good trading. When the trade is executed, it must
be mechanical in execution but conceptually based,
with emotions playing no role at all.
From
a user:
"Still working on your recent authorships (Psycho-Paper
/Pattern Picking/ Predicting Next Week's Highs and
Lows). Absolutely awesome. The thoughts contained
- the work would qualify for a Ph.D. dissertation
- I think you put that much work into it!"
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