Great Example Of Statistics Any Technical Trader Should Know!
Below is a link to a PDF version of a hard to find book on technical price patterns. While I haven't read the book yet skimming through it it shows Great Examples of the Statistical Data/Probabilities Any Technical Trader Should Know Regarding The Systems They Trade.
Good NEWS!!! THE NEXT BIG...
The statistics from China was the main news event of yesterday. It seems that government measures to stimulate the economy have taken effect. Retail sales and industrial production were much higher than analysts' forecasts of 8.7% and 8.5%. As a result, GDP growth was also pleasantly surprised: 6.4% quarterly growth, with market expectations of 6.3%.
I will be running a series of tests that will enable me to determine the probability of success of specific strategies. I will even test strategies that I feel may not work. My goal is to test various patterns that many think are profitable. I will then apply the results to my own trading.
This page is describing statistical analysis for BTCUSD.
This time we have a call for a fast down movement, which has been defined in 60% of cases similar to past 2 days price movement.
Robot opened a pending order:
Take care of risk management, and have a safe ride!
This page is overlooking a statistical analysis, and I maintain work of a group of robots on Forex and Crypto.
Today we have another call for EURUSD.
As you could see, we already have a short order at 1.14726.
Currently, the same robot made another shot for a downward movement. From its perspective, we can shortly spot a sequel.
If we don't, we...
As this page focus on a statistical design for trading, our robot shows there is currently a lack of demand at BTCUSD.
It oversees in a 60% of such scenarios its lead for a short-term down movement in 2018.
Keep stoploss tight as in the wrong case we could see a fast alteration.
The robot's opened order:
This page is overviewing quantitative analysis, and I manage several robots trading crypto right now.
BTCUSD is currently looking bearish, meanwhile, from a statistical point of view, it should have another push-up today, heading towards 3900, until we see any other continuation.
Our robot has opened a buy stop position at 3762.
This profile is focused on a statistical analysis, and our robot found out there is a 60% probability that we will reverse currently on EURUSD.
While candlestick patterns may show a good trending plot and we have support at 1.14591, if we look on data, there is a great possibility to reverse, as the robot sees a bull trap here last 2 days, and a...
As currently three of our robots are showing the same direction, I would like to take time and define several ideas that we have as a baseline for our robot's analysis.
First, conceptually we need to define that all robot trading based on a data mining process, which includes a specific education for robot algorithms.
This is where it all starts,...
Hello, yesterday drop came unexpected, we just had to keep a stoploss tight, and fix drawdown at 3790 levels.
Today, two of our robots opened about the same short order on BTCUSD.
It means there are double chances and we distribute risk management properly.
This time it's a trend-following strategy, where we catch a wave which is not finished yet.
Open a sell...
This page follows a statistical approach to a currency trading. I personally manage 6 robots on a master account which trades crypto and fiat currencies.
I will redirect preferred trades to TradingView as an endeavor of collaboration with the community and bringing awareness to a data-mining community of traders.
Wish you all the best takes in this...
This chart represent the bull and bear markets in the S&P 500 during the last two decades. According to this analysis and based on statistical inference, we could have started the bear trend that might during until March 2020. On average bear markets length approximately 18,5 Months ((28+17+11 )/3) and depreciate close to 41% ((50%+58%+15%)/3) since the life time...
Given the recent drop in bitcoin price many would be skeptical to buy. However that's not what traders should be doing in my opinion and here is my reasoning why: Bitcoin had reached this price level before mainstream investors heard about the explosive rise on it's price, this means people who actually knew about bitcoin fundamentals were getting on board with...
The Bitcoin has been showing a substantial growth over the past years, although huge growth was followed by huge corrections. Let's try to compare the past two correctional moves down with the current one.
The past two strong corrections occurred in 2013 and 2014 were price retraced for over 75% from the peak values. All smaller corrections occurred in between...
The SPY index is going to show what kind of trend we will be in, respecting the Gann Fan 1/1 thus far the down trend will meet the possible reversal point. The chart contains stats to show overall market growth, noting there is room for a market correction. I believe it will not fall anymore than 2% off the high testing the first support for approval.