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Normality - tradingcourses.tradinglounge.com
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This can best be described as the opposite of the principle of Variation. Having admitted variation and allowing for variance in the real world, it’s also true that there’s a set of harmonically related cycles that manifest themselves in all market. It is the principle of normality that enables us to postulate shorter or longer cycles for a particular market, once we have determined a cycle in any market.