Forex fractals
The term "fractal" has firmly entered the lexicon of most forextraders. In some way contributed to this wonderful "Trading Chaosby Bill Williams. In this book, some self-similar image formation is proposed to call fractals. There are disputes about themathematically incorrect use of the term "fractal". But the wordbeautiful, and it will be used.
The paradox of fractals: we have a question, the answer to that is contained within it. The problem is how to read it, and - nothingmore. But it's something and it turns out the most difficult task thatonly you can find. But the decision and its a fantastic way may contain errors, because they are excluded by 99 percent. In other words, the correct decision occurs in 99 out of 100 cases. It's likethat, having made 100 sales transactions, you will have 99 cases a winning trade, and only one - losing.
The paradox of fractals: we have a question, the answer to that is contained within it. The problem is how to read it, and - nothingmore. But it's something and it turns out the most difficult task thatonly you can find. But the decision and its a fantastic way may contain errors, because they are excluded by 99 percent. In other words, the correct decision occurs in 99 out of 100 cases. It's likethat, having made 100 sales transactions, you will have 99 cases a winning trade, and only one - losing.
The theory of fractals in the forex market at the time caused a storm of controversy, primarily because the author, as many believe, put in a lot of his theory of scientific terminology (fractal, attractor, etc.), and made it not quite correct. Since fractals Vilyamsa appear on the market very often and almost all time frames and time are, in fact, simple local extrema on an interval of 5 bars and virtually no consistent mathematical theory of fractals.
Now note the following important fact: Fractals do not belong to the category of delayed signals! They work accurately and neatly. This - advanced signal! If he turns out to be true, then your purchase or sale can go through at the best prices. If he turns out to be false, then you're not doing anything. True, he will be just in time when the market will dominate the best price for the future direction of movement, as well as the time during which it will occur. In other words, you enter a trade, which promises a minimum 99-percent probability that the next price movement will be in the desired direction. "So it's a dream of every trader!" - You will cry, and rightly so. Of course, after this statement sophisticated audience to think about and will look for mischief, knowing that there "are not all clean." In fact, traps this signal a lot. Yes, and read its not always easy. But the fact remains - there is no better and correct the signal, allowing to accurately determine the time of entry and exit from the forex market.
Now note the following important fact: Fractals do not belong to the category of delayed signals! They work accurately and neatly. This - advanced signal! If he turns out to be true, then your purchase or sale can go through at the best prices. If he turns out to be false, then you're not doing anything. True, he will be just in time when the market will dominate the best price for the future direction of movement, as well as the time during which it will occur. In other words, you enter a trade, which promises a minimum 99-percent probability that the next price movement will be in the desired direction. "So it's a dream of every trader!" - You will cry, and rightly so. Of course, after this statement sophisticated audience to think about and will look for mischief, knowing that there "are not all clean." In fact, traps this signal a lot. Yes, and read its not always easy. But the fact remains - there is no better and correct the signal, allowing to accurately determine the time of entry and exit from the forex market.
