Most traders today don't need to see headlines like: "Currency Traders' Strategies Foiled as Trends Go Missing" to know that volatility in the financial markets has been moving lower for some time. For day-traders this is a good thing because shrinking volatility, i.e.: smaller trading ranges, lowers risk. In our studies we also see that even though volume is dropping, and thus volatility is falling, market behavior, as measured by the ratios of both the impulse and corrective waves, has not changed. If the actual ratios of market moves are unchanged, then the risk-reward-ratios and winning percentage for a method ... (full story)