Trend or Range and beyond it: Market state analysis
Market state analysis. Trend or range detection.
Patience and Finance
http://www.bankofengland.co.uk/publications/speeches/2010/speech445.pdf
This is a research paper from the bank of England a little long to read but offers some very interesting insights between the patience and the impatience. I was first interested in the explanationabout the HFT strategies but the paper has some very deep insight about the market structure.
It is not for the newby trader.