Category
Oil drops to 54 bucks
Generally I don’t watch commodities, but since I got a $900 natural gas bill (my whole house uses gas - gas water heater and gas heat) a couple of years ago - I am more prone to take notice as to the price level of natural gas. I think it is hovering in the $6-7 […]
10 Day Stock Correlation Data Added
Since there was some new interest in shorter correlation time periods, I finally got around to adding 10 day correlation data for all the stocks. A friendly reader - Jon - had asked about looking at multiple periods:
Time frames of, say, 365 days, and 250 days, are useful but more importantly perhaps, the shorter […]
Acceptable Head and Shoulders Pattern
I made a big mistake. I was under the impression that Head and Shoulders was a “bearish” pattern, when in fact it may depend on the preceeding trend. Jon, from the Fickle Trader pointed this misunderstand (okay - let’s be honest - my ignorance):
If there is no preceding trend, then why should we […]
Quick Glance at Head and Shoulders Pattern Statistics
Remember, this blog is like a whiteboard - we are kind of brainstorming here…
I am beginning to play around with quantifying the predictability of patterns, such as the head and shoulders pattern. There is a lot of analysis, running of data and thinking that needs to be done, but I wanted to talk a […]
Feedback on Correlation Pattern Matching
Previously, I discussed the importance of feedback in understanding and learning and that is one nice aspect of blogs - getting feedback from readers. Michael wrote a nice entry about the last article over at Taylor Tree, a blog that discusses “the mechanics of system trading such as money management, position sizing, etc.” - […]
Correlation Pattern Matching Explained
It has been pointed out that in the article Oversimplified Method for Finding Patterns in Stock Charts the actual method used was not described in detail. The process is pretty simple - you might even say oversimplified. It was just an error of omission, not an attempt to hide any proprietary methods. […]
Finding Inverted Head and Shoulders Automatically
Last week we put together a really simple way to identify Head and Shoulders patterns in stock charts and we have a daily list of stocks with potential Head and Shoulders - BUT, these are experimental of course. This where the human interacts with the technology. We have an algorithm that searchs for […]