Weekly 21 ema

james16 Chart Thread

See if we get a 4hr pin off of the weekly 38 fib and the weekly 21 ema.

james16 Chart Thread

Little sloppy on my support line from Friday. Here is a more accurate support line from Friday.

Lets Talk Support and Resistance

thanks mike

Lets Talk Support and Resistance

gbpjpy has support at around Friday's low.

Lets Talk Support and Resistance

Waiting for the 5ema (white dotted line) and the 13ema (green line) to cross and close on the 1hr candle. Target will be 200 pips above the low (currently low for the week is 2.0085) well within the 264 pips WAR (weekly average range)

Statistical Probability Trading With Price Action

Exited short gbpusd at 2.0133 waiting for a 4hr candle for a trade to the long off of the 38 or 50 weekly fib.

Statistical Probability Trading With Price Action

The post below shows the statistical probability of how often the gbpusd finds either support or resistance at these weekly fib levels.

Lets Talk Support and Resistance

On the weekly the gbpusd likes the 21 ema

Lets Talk Support and Resistance

Daily Average Range for the GbpUsd

Statistical Probability Trading With Price Action

Below is the number of times and the percentage of times the GbpUsd has moved a certain number of pips.

Statistical Probability Trading With Price Action

RM for the gbpusd for the past 40 days in comparison to the yearly average. The (DAR) daily average range in the past 40 days has moved from 110 pips to 119 pips. Which is a big increase for this late in the year.

Statistical Probability Trading With Price Action

GbpUsd daily range of motion the last 20 days. Pink line is yearly average which is 117 pips range between the days high and days low.

Statistical Probability Trading With Price Action

Been watching the Macd thread since the beginning. Just started really looking at it to add a tool to get the job done in trading. Any thoughts on the EurJpy?

4 Hour Strategy (MACD)

Yes that would be correct to take last week and and last Friday and use that to establish your daily and weekly pivots, with each day establishing new pivots on the previous trading days. Also you might want to look at past pivot points and s/r ...

Pivot Points

Where are you drawing your fibs from?

Fib Experts Answer Please

Good point

Fib Experts Answer Please

Extension on the daily or weekly. Or do you look at it during certain hours. Also wondering if its off of the days high for bull or days low for bear.

Fib Experts Answer Please

EurAud 4hr range of motion. It's interesting that the 2pm eastern trading time has the highest range of motion with the 10pm trading.

Statistical Probability Trading With Price Action

This is the average range of motion for the NzdJpy on the 4hr candle.

Statistical Probability Trading With Price Action