Post on 20-Jan-2016
Do You
Deviate?Do You
Deviate?
The standard deviation measures the spread of a set of data around the mean of the data. In a normal distribution, approximately 68 percent of scores fall within plus or minus one standard deviation of the mean, and 95 percent fall within plus or minus two standard deviations of the mean.
Definition of Standard Deviation
What the Heck? I am not a Math PhD!
How far is too far?
How Far is too Far?
Price
800 SMA
Far away
Far, Far Away
Price
800 SMACloser!
Closer (not far away)
How far is too far?
How Far is Too Far?
Truckloadsof dataTruckloads of
Data 1
Truckloads of Data 2
Every Pair is an Individual
Every Pair is an Individual
60 Minute Currency Pairs
AUD/JPY 350CAD/JPY 700CHF/JPY 225EUR/JPY 575GBP/JPY 1000NZD/JPY 600
AUD/JPY 5 Minute Scatter
AUD/JPY 5 Minute Scatter
2
AUD/JPY 5 Min
AUD/JPY 5 Minute
Distribution
AUD/USD 5 Min
AUD/USD Scatter
AUD/USD 5 Min
Average: 6
Maximum: 115
Minimum: -279
STDEV: 51
2 STDEV: 108AUD/USD Summary Statistics
AUD/USD 5 Min
100 pips above 800
AUD/USD Chart 5 Minute
GBP/USD 5 Min
GBP/USD 5 Minute Scatter
GBP/USD 5 Min
GBP/USD 5 Minute
Distribution
GBP/USD 5 Min
Average: 4Maximum: 396Minimum: -433STDEV: 972 STDEV: 198
GBP/USD 5 Minute
Summary Statistics
GBP/USD 5 Min
200 pips above 800
GBP/CHF 5 Minute Chart
GBP/CHF 5 Minute Scatter
GBP/CHF 5 Min
GBP/CHF 5 Minute Scatter
GBP/CHF 5 Minute
Distribution
Average: 0Maximum: 487Minimum: -531STDEV: 952 STDEV: 191
GBP/CHF 5 Min
GBP/CHF 5 Minute
Summary Statistics
GBP/CHF 5 Min
200 pips below 800
GBP/CHF 5 Minute Chart
Example
USD/CHF 5 Minute Scatter
USD/CHF 5 Min
USD/CHF 5 Minute
Distribution
Average: -3Maximum: 311Minimum: -316STDEV: 712 STDEV: 139
USD/CHF 5 Min
USD/CHF 5 Minute
Summary Statistics
USD/CHF 5 Min
140 pips below 800
USD/CHF 5 Minute Chart
Example
Crude Oil 5 Minute Scatter
Crude Oil (CL) 5 Min
Crude Oil 5 Minute
Distribution
Average: .10Maximum: 5.47Minimum: -4.97STDEV: 1.752 STDEV: 3.60
Crude Oil (CL) 5 Min
Crude Oil Summary Statistics
AUD/USD 5 Min
AUD/USD Trade Example
Crude Oil Summary Statistics
Price Exceeds Lower Band
AUD/USD 5 Min
AUD/USD Trade Example 2
Crude Oil Summary Statistics
Buy on Re-Entry
AUD/USD 5 Min
AUD/USD Trade Example 3
Crude Oil Summary Statistics
Take Sweet Profit
AUD/USD 5 Min
AUD/USD Trade Example A1
Crude Oil Summary Statistics
Price Breaks OutLike a Spitzer Prison Break
Client #9
Client #9Crude Oil Summary Statistics
AUD/USD 5 Min
AUD/USD Trade Example A2
Crude Oil Summary Statistics
Price hits 800 SMA
AUD/USD 5 Min
AUD/USD Trade Example A3
Crude Oil Summary Statistics
Price hits theOpposite Band
AUD/USD 5 Min
AUD/USD Trade Example B1
Crude Oil Summary Statistics
Price Smokes BandLike a Crackhead on Payday
AUD/USD 5 Min
Support Line Break Entry
Crude Oil Summary Statistics
Price Breaks BelowA Support Level
AUD/USD 5 Min
Trendline Break Entry
Crude Oil Summary Statistics
Price Breaks BelowA Trendline
Crude Oil 1 Hour
Oil is Way Overextended
Now
Crude Oil Summary Statistics
Price is WAY Out
Crude Oil 1 Hour
Stopped OutCrude Oil Summary Statistics
Holy Crap
Using the 200 SMA
Using the 200 Simple Moving
Avg.
Crude Oil Summary Statistics
An Early Entry?
The GBP/JPY Holy Crap
Bear Stearns Implodes
Crude Oil Summary Statistics
Bear Stearns Implodes
Beans 5 Minute Scatter