Disliked{quote} I have another point of view. But that's the whole idea of an open discussion I read somewhere that the market are ranging 80% of the time. I still don't understand if that means 8 minutes every 10 minutes or 8 months out of 10 months (makes a difference!). But for the sake of the explanation let's imagine that it implies the market is MR 80% of the time. Well, let's even go as far as pretending that the market is MR 90% of the time. I feel generous today. Let's use Bayes' theorem and let's define N the event "we are under a mean reverting...Ignored
Hi Pipmeup,
will come back to that later in this week - simply too busy at the moment
Wish you many green pips in the time between :-)