michal.kreslik wrote:when observing the tick price action in Forex, I was wondering whether the prices have any bias towards certain repetitive decimal levels ("00", for example).
Michal,
Great analysis and I think your focus on Statistics here is a useful thing.
But I'm not clear that the variance of of occurrences of various decimal levels is significant enough to be useful.
Statistical analysis can be helpful but I would bet a very nice lunch that this particular phenomenon cannot be leveraged to advantage.