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• Flexible Market Forecast by Michael Kahn

  ARTICLE SYNOPSIS ...It is important to be flexible in your market forecasts, as this walk through some recent trends in various markets indicate. That repetitive price patterns exist is one of the foundations of technical analysis. The reasoning is that repetitive patterns occur because traders react to similar market conditions in a similar fashion. Unfortunately, in the real world, the term similar market conditions is subject to interpretation, as the market's price movements do not unfold in a precise, repetitive fashion. Take a look at ex-amples of some market movements, including trends and reversals, to ...

AUTHOR: Michael KahnDATE: OCT 1998SUBJECT: Real World

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• Measuring the Move by Michael Kahn

  ARTICLE SYNOPSIS ...Chartists often use techniques to set profit objectives as well as determine their risk points in putting on a trade. Here, then, are some guidelines for your own trading. When a market breaks out of a technical trading pattern, traders need to correctly gauge potential price moves against the risk of being wrong. Most patterns reveal the market's intentions in their own shapes and sizes. Two, and sometimes three, price targets can be forecast with a simple assessment of the pattern itself. Measuring potential price moves works for all patterns and all time frames, thus aiding traders in thei...

AUTHOR: Michael KahnDATE: OCT 1997SUBJECT: Classic Techniques