rayk

Hi Guys I am trying to track down some number (odds) on what changes prices have of moving to certain given deviations. I have seen something about it before and basically it is something like this: There is a 1 in 20 chance of getting a price beyond the Value area (1st standard deviation of price) a 1 in 300 change of a price being beyond the 2nd etc. I interested in locating the post of the article where I saw this if anyone has any thought please let me know. I know that Dann G in one of the CBOT sessions quoted some numbers once about the likelihood of getting a price at one deviation given that price had already travelled to a previous deviation. Any pointers would be helpful.