You are absolutely right. I was generalizing too much about small targets. The strategy you describe is pretty amazing, even with such low frequency/opportunity It would have been more careful of me to say that trying to play simple tendency to ...

GBP Patterns, Facts, Trivia

OK, so a little more. Sorry if this is annoying, don't want to swamp the thread here with stuff. So as I was saying I only included rows which were averaging a minimum of 20 data points, as statistics are too dodgy below that. I'm not at home right ...

GBP Patterns, Facts, Trivia

ilanr, Thanks for the critique, it is appreciated My understanding of statistics is not as deep or broad as it might be. But I would suggest the following: If you take the mean profit for all the GBPUSD results, you will notice that: The average ...

GBP Patterns, Facts, Trivia

Sure, happy to oblige. The spreadsheet is a condensed result of a lot of work, so unfortunately it needs a lot of explaining. First, how I produced it: Used Forexite 1 min bar OHLC data on USD major pairs, for 2005 and 2006 up to July (sorry but not ...

GBP Patterns, Facts, Trivia

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GBP Patterns, Facts, Trivia

Stats — It's good to see people analyzing the market the way they should, using statistics! See attached spreadsheet (I hope it loads). The figures try to indicate trend continuation probabilities intraday on the majors. If someone is ...

GBP Patterns, Facts, Trivia

GBPUSD is referred to as "cable" because the prices used to be transmitted over the transatlantic cable in the days when telex (or telegraph or something) was the fastest way to transmit data over long distances. I guess it's still a cable, just a ...

Has the GBPUSD always been King?

In FXTrade, go to Account -> Full Transaction History. This will pull up a page on which there are several options. You can either download your entire transaction history, order by order, or you can go to "Summary" which is indeed very basic ...

OANDA Discussion