decimal bias

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aspTrader
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Re: decimal bias

Postby aspTrader » Thu Aug 10, 2006 11:14 am

michal.kreslik wrote:when observing the tick price action in Forex, I was wondering whether the prices have any bias towards certain repetitive decimal levels ("00", for example).

Michal,
Great analysis and I think your focus on Statistics here is a useful thing.

But I'm not clear that the variance of of occurrences of various decimal levels is significant enough to be useful.

Statistical analysis can be helpful but I would bet a very nice lunch that this particular phenomenon cannot be leveraged to advantage.

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michal.kreslik
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Postby michal.kreslik » Thu Aug 10, 2006 12:55 pm

aspTrader,

I agree with you completely that the variances observed are indeed very small to be leveraged to the traders' advantage all by themselves.

These results are just one tiny fragment in a mosaic of market idiosyncrasies. Astute trader and system developer uses more fragments to make the whole mosaic :)

Michal

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Postby TheRumpledOne » Sat Jan 05, 2008 8:38 pm

Can we do this for DAILY rather than tick?

I want to know how many times the price closed on each price ending in 00, 01, 02, ... , 97, 98, 99.
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michal.kreslik
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Postby michal.kreslik » Mon Jan 07, 2008 6:00 pm

TheRumpledOne wrote:Can we do this for DAILY rather than tick?

I want to know how many times the price closed on each price ending in 00, 01, 02, ... , 97, 98, 99.


It can be done on daily bars, based on what is the last time of the day.

Michal

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Postby PeterPan » Sun Jul 12, 2009 9:21 pm

Hi Michal!

thx for your statistic!! im also doing statistical analysis for fx pairs (but only in excel).
my question is, where i can get free tick data (appr. 6 months)? Can i export Tickdata from Neoticker or an other tool?
If there are no possibilities, can you send me some data please?

PeterPan

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Postby PeterPan » Sun Jul 12, 2009 9:33 pm

PeterPan wrote:Hi Michal!

thx for your statistic!! im also doing statistical analysis for fx pairs (but only in excel).
my question is, where i can get free tick data (appr. 6 months)? Can i export Tickdata from Neoticker or an other tool?
If there are no possibilities, can you send me some data please?

PeterPan


damn ... here it is http://kreslik.com/forums/viewforum.php?f=22 :oops:

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