Article Archive For
Grant Noble
Confessions of a technical heretic by Grant Noble
ARTICLE SYNOPSIS ...Confessions of a technical heretic by Grant Noble
Recently, I chatted with someone who runs a fairly well-known advisory service. He mentioned that one client tested more than 700 computerized systems and came to the conclusion that some worked well in certain markets, but none worked in all markets. In this day of megabytes and optimization, few want to go to the trouble of testing that many systems. But the overwhelming majority of technicians would agree that no single method exists to unlock the door to trading heaven. However, these same technicians also devoutly believe a combination of...
AUTHOR: Grant NobleDATE: JUN 1990
The best trading indicator- the media by Grant Noble
ARTICLE SYNOPSIS ...The best trading indicator- the media
by Grant Noble
Anyone who has studied technical analysis knows that what has been written about it stems from a
limited number of approaches. Most of the books, systems and seminars on the market boil down to 12
basic categoriesóoverboug ht/oversold, number theory, retracements, gaps, trends, chart formations,
trendlines, cycles, spreads, flow of funds, seasonals and reports (see ""A map for the trading jungle,""
Stocks & Commodities, March 1986). Only a handful of those depend on something other than volume,
open interest, high, low, open and clo...
AUTHOR: Grant NobleDATE: OCT 1989
First through the even by Grant Noble
ARTICLE SYNOPSIS ...First through the even
by Grant Noble
A few years ago I had the privilege of working with a former specialist, a broker's broker, on the New
York Stock Exchange. He told me how fellow specialists borrowed unlimited funds at 4%, how they used
""inside days"" to tell where the market was headed, the importance of the ""two-step top."" But by far the
most profitable advice he gave was ""first through the even.""
In January 1980, this specialist was approached by a large local making millions (open profits) from
thousands of long gold contracts. Understandably nervous, the local asked, ""When do...
AUTHOR: Grant NobleDATE: DEC 1989