One of my favorites is the goal to reduce the ink to information ratio. This applies in so many ways. For example, analysis generally does not need more than three significant digits. But as your point now, over a long time serious the placement of those significant digits changes, complicating things!
Yes, it always boils down to the quality of the data, and how much information you really need. And the important question is where you draw the line: what part of the $AAPL data from Yahoo, for example, should you discard because it's no usable anymore, and which part could you keep.
This was very useful. Thanks. Those watercolour AI paintings are nice. I just had a look at the way TradingView adjusts for dividends on $JEPI (first instrument I could think of with a monthly dividend), and wow, was I shocked at how much it altered the candles.
Been doing data charts and graphs for 40 years. I am a fan of Edward Tufte. The above is excellent work as applied to charting.
Thanks Jon, really appreciate it!
I just looked up Edward Tufte, as I'd never heard of him, and his work sounds like a must-read!
Love the lightheartedness in the explanations. Fun and engaging. Have a great week ahead!
Thank you, and a great weekend to yourself too!
Great post FXMacroGuy! Lots of ways to adjust and look at our charts. Important to understand all the nuances...
Thank you 🙏
One of my favorites is the goal to reduce the ink to information ratio. This applies in so many ways. For example, analysis generally does not need more than three significant digits. But as your point now, over a long time serious the placement of those significant digits changes, complicating things!
Yes, it always boils down to the quality of the data, and how much information you really need. And the important question is where you draw the line: what part of the $AAPL data from Yahoo, for example, should you discard because it's no usable anymore, and which part could you keep.
This was very useful. Thanks. Those watercolour AI paintings are nice. I just had a look at the way TradingView adjusts for dividends on $JEPI (first instrument I could think of with a monthly dividend), and wow, was I shocked at how much it altered the candles.
I hated watercolours when I had to draw with them in sixth grade or so... re-discovered them with MidJourney 🙂
$JEPI would have made an even better example than $T. Another one would be $SHY.
In any case, makes you wonder how TA is supposed to work in general when everyone is looking at different things.
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Drop me an email at mailtofxmacro at gmail dot com
ha, great take and fun ... :), thank you!
Thanks mate, appreciate it!