Grant Noble- Trader's Edge

Discussion in 'Strategy Development' started by davelansing2004, Sep 21, 2004.

  1. Has anybody read the book "Trader's Edge" by Grant Noble?
    Specifically, I'm interested in his 20+ page chapter on trading off the Opening Price. Also, the book is geared towards Futures, can it also be applied to stocks?

    Thanks in advance.

    Dave
    Lansing, MI
     
  2. Vince1

    Vince1

    Hi,

    I did and no, it's really futures (e.g. Commitments of Traders Reports).

    When he recommends the use of inflation-adjusted and currency-adjusted charts for longer term analysis, it's OK for any market, but still, it's definitely futures-oriented (cf. intro).

    I didn't like his opening techniques very much, but I didn't test them. However, his focus on the opening was an important change for me (and I really got into it with Toby Crabel and Jim Dalton).

    Hope this helps!
     
  3. i have found his opening to be of most reliability. Of course use other indicators like market profile, overbought/oversold coming in combined with zone probablitlies and i usually enter a trade 90 seconds into open of the es. The best reward to risk trade that i have.