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What is your defenition of market noise?
If you can clarify then I will answer the questions below.
-----Original Message-----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: Omega List <omega-list@xxxxxxxxxx>
Date: Sunday, November 15, 1998 9:53 AM
Subject: Re: NOISE
>I'm not suggesting that you cant trade noise because you can. I'm just
>saying that somewhere the line should be drawn between what is noise and
>what is not. Given that then could noise have a noise level? Could noise
>have a trending level? Could the long term direction have a short term
>effect on noise weather counter or trending? In other words could you
>determine the long term trend and then weight the short term noise in that
>direction or would it be better to weight the opposite noisy moves of the
>long term direction?
>
>MB
>
>Determined to find a trading thread here..
>
>
>
>:I have traded the SP for a long time and I saw a comment that Perry
Kaufman
>made in his book Smarter Trading where he states that most any thing under
a
>one hour time frame is just noise. I had never tried to think about a time
>frame setting the threshold for noise, I had always considered volatility
>and range to determine noise.
>
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