Summary
To succeed in trading, you need to be at your best at all times because you're competing against an institutional force, the market, that is so much more powerful than you -- it doesn't even know you exist. In sports and trading, identifying high-probability tendencies gives teams, players and traders a big edge. In financial markets, the symmetry of Lucas series cycles is one key to identifying these high-probability tendencies. The Lucas series has a profound influence on all markets in all degrees of trend, and its time symmetries are important pattern-recognition tools. This article, which assumes a basic understanding of wave analysis in general and some familiarity with Lucas, will look at several specific examples of these patterns on the intraday Nasdaq (NQ) E-mini market. The Lucas series is an excellent pattern-recognition tool that helps traders anticipate moves before the crowd. Lucas influences markets in all degrees of trend, but may be most helpful in allowing traders to uncover patterns in fast markets, such as the intraday NQ.
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Extract
Trading the Nasdaq with Lucas Time Series
In baseball, pitching is a psychological tug-of-war, a battle of wits. When a power pitcher fires two inside strikes against a power hitter, everyone in the park expects the next one will be low and away to induce the batter into chasing a bad pitch. Why does everyone, including the batter, think this way? The reason is simple. It is a high-probability tendency.
Trading is the same. To succeed, you need to be at your best at all times because you're competing against an instit...See the full content of this document
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