Toby Crabel

Toby Crabel is considered as a contemporary self –made millionaire commodities trader from United States. He holds the post of fund manager of Crabel Capital management, and he is called “the most-known trader on the counter-trend side" by the Financial Times. Toby Crabel is ranked 101 of 196 funds on Absolute Return’s Survey of U.S. group in 2005 and with more than $1 billion AUM.
 A staff of some 80 people and 3.2 billion dollars is managed by Toby Crabel and whatever the weather since 1991 Toby Crabel has been a producer of consistent returns.

He has a book entitled Day Trading with Short-term Price Patterns, which he wrote it in 1990, you can find it in eBay for $4.000 a copy and it is sold in huge quantities. 

We can speak about of his great when he attempted to statistically test the efficacy of price patterns. Toby Crabel believed that additional printings of the text gave away too many of his value trading ideas so he did not pursued it.

Toby is always looking for evidence instead of looking to the chart formation whether it is bullish or bearish. So he started his research with very simple concepts of range and after those increasingly investigating complex patterns along over individuals and multiple days, 2 bars, 3 bars, 4 bars, etc.

Toby Crabel makes for himself toady a big professional name and he is today one of the best known for his treatment of narrow range and ORB patterns.

In 1975, while he was attending high school, Toby started trading in the markets and He is a professional tennis player for three years. Crabel published several blogs detailing various short-term price patterns for futures trading in the late 1980s. He was a student in Central Florida University and majored in Finance.