On Friday, August 4, 2000 at 2:00:00 AM UTC-5, Rick J. Ratchford wrote:
Brian J. Millard, a scientist from Bramhall Cheshire England, writes what he views is the 5 main concepts of J.M. Hurst's work on cycles in the markets.
1. Maximum profits are obtained from shorter trades.
2. Some 23% of price motion is based on cyclic movements in nature.
3. These cycles are additive.
4. The cycles can be seen clearly if envelopes are constructed around the price movement.
5. The ideal buying point is when several such cyclic components are
reaching their low points.
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Regards,
Rick J. Ratchford
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Agreed , you can make money using Hurst cycles but not with Yes, you can make money using Hust cycles but not with Fourier and
or wavelet transforms. This approach and technology is outdated.
https://hursttrendcycles.blogspot.com/
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