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Can Chaos Be Predicted?
Can Chaos Be Predicted?
Many people believe that the financial markets are totally random. The random walk hypothesis is a financial theory that states the price of a market cannot be predicted. Economists have historically accepted the random walk hypothesis. Professor Burton
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(Free-Press-Release.com) March 31, 2010 --
Many people believe that the financial markets are totally random. The random walk hypothesis is a financial theory that states the price of a market cannot be predicted. Economists have historically accepted the random walk hypothesis. Professor Burton G. Malkiel, of Princeton University was the first person to propose this idea.
Yet many people can make a living trading the financial markets, making money time and time again. So it often makes me wonder, if the markets were random how can they do that.
Have you ever wondered how they were doing it?
Mike Haran a full time trader, believes that the financial markets are certainly not random and move with the precision of a swiss watch. The markets may appear to be random, in fact they obey the laws of chaos, I have seen markets go into fribulation before they collapse, just like a human heart, the frequency doubles then the market collapses. The markets even appear to repeat moves in time with an amazing regularity.
If you can find the correct swing in time lets call it the master swing it is possible to predict the next swing in the market with amazing accuracy. Not only that but that swing length will repeat all the way through the wave structure. Sometimes running from high to high, high to low or low to high. The thing that makes the market difficult to trade is the knowing where the next swing will be projected from.
Mike also posts his predictions on his blog www.haranfx.com, “I believe that you don’t need to be able to predict the markets to make money, but it is great to be able to anticipate lows or highs before they happen. I use a lot of pattern analysis in my trading, although many of the patterns I have discovered are ones that have never been seen before in any of the books I have read.”
Mike is a veteran trader, having studied the financial markets for well over 10 years and traded FOREX for about 4 years. “I spent so much time looking at chart, I wore a hole in my favourite chair. That investment of time and effort has allowed me to live the life I want, work when I want and most of all spend more time with my family”.
Mike’s free webinar will take place on the 7th April 2010 at 2:30 GMT
To register you have to go to http://www.fxmasterkey.com/webinars/fx1/
There are only 99 places left and we would advise you to register early to be guaranteed a place,
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