DESCRIPTION
(From The Introduction) – Zone Pattern Probability Analysis is a method for trading futures based on statistical projections from historical market data. The method was designed initially for a CBOT exchange member to trade US Treasury Bonds on an intraday basis. The concepts and databases developed are applicable, however, to traders of other futures markets and various time frames. For intraday traders, Zone Pattern Probabilities show where prices are likely to trade during the day, where the market should run, and where the market should stop and reverse. For day traders, Zone Pattern Probabilities show a high probability range to place a trade for the day, a strategic location to place a protective stop, and the probability the stop will be hit. For position traders, Zone Pattern Probabilities help to pinpoint market entry or to scale in large positions with increased risk/reward ratios.
CONTENTS
- Section 1: Zones – A Long-term Perspective
- Section 2: Zones – A Short-term Perspective
- Section 3: Combining Zones And Probability
- Section 4: Combining Zones And Probability With Technical Analysis
- Section 5: Using Close/Open Patterns
- Section 6: The Probability Distribution Table
- Section 7: Trade Selection And Placement
- Section 8: Pattern Examples
- Section 9: Trading Examples