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99.9% of systems and methods that I see posted on trading message boards are trend or breakout related. |
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I wouldn't say it is 99.9%. Not even close. I have seen quite a few techniques covered here that are range-related or so-called mean reversion techniques: (1) Jperl's
VWAP and Standard Deviations, (2) Market Profile's fading Previous day's high, low,
VAH,
VAL, (3) Fibonacci Retracement Clusters , (3) Harmonic Patterns such as Gartley, Butterfly, (4) ABC retracement pattern, (5) Andrew's Pitchfork , (6) MACD, RSI Oscillator Divergence, (7) Double Top and Bottom, Head and Shoulder formations, and lastly (8) Most of the candlestick formations are reversal and not continuation patterns.