Its made a strong surge from last weeks low of 2.0257 to new 25 year highs.

GbpUsd Statistical Probability With Price Action

It could still go either way still. Will see how things set up in the next few hours. Still thinking weekly fibs based on Statistical Probabilities (see post 40).

EurJpy Statistical Probability Trading With Price Action

Shorted EurJpy stopped out with loss.

EurJpy Statistical Probability Trading With Price Action

On the weekly still waiting for this area to be filled

EurJpy Statistical Probability Trading With Price Action

Possible break below the daily 61.8 fib

GbpUsd Statistical Probability With Price Action

Looking at a break below the 61.8 daily fib.

GbpJpy Statistical Probability With Price Action

Its made a nice break below the daily 61.8 fib. Looking at TP at weekly fibs.

EurJpy Statistical Probability Trading With Price Action

A look at the daily. Still trying to break above the 61.8 fib level from July High of 251.09 and mid August low of 219.32. Its been held in a about a 900 pip range between the 23.6 and 50 fibs. For the GbpJpy 900 pips is a tight range compared to ...

GbpJpy Statistical Probability With Price Action

4hr S/R levels

GbpJpy Statistical Probability With Price Action

Daily range so far 92 pips. Its retraced to the 50 fib on the daily. The fib points are drawn from the current days low and high. Has a habit of retracing to the 50 or 61.8 daily fibs after around a 100 pip or better run. Then gets set up for a ...

GbpJpy Statistical Probability With Price Action

Four hour look with the weekly fibs.

GbpUsd Statistical Probability With Price Action

Waiting to see if it breaks below the daily fibs or more up side. Normally wait until 3am to trade this one. The green fib line is the daily fib and the probability percentages are based on how often it retraces to these levels on a daily basis. ...

GbpUsd Statistical Probability With Price Action

Looking to see if it is a retracement off yesterdays bull run are if it will make a strong break to the bottom side beyond the 61.8 fib of the daily.

EurJpy Statistical Probability Trading With Price Action

Watching for further break to the down side. Waiting for 4hr candle to close and the next one to go bearish. Daily range so for 72 pips.

EurJpy Statistical Probability Trading With Price Action

GbpJpy has bounced off of a major weekly fib of 50. Plenty of room to the top.

GbpJpy Statistical Probability With Price Action

The gbpJpy has been ranging around hourly s/r of around 80 pips. A break out of that could determine trend for the day.

GbpJpy Statistical Probability With Price Action

Looking to trade a break out of those SR levels. On the top side even though things are bullish I will be more cautious not to get caught in a false break out.

EurJpy Statistical Probability Trading With Price Action

On the hourly be looking at a 30 pip drop below the 5/13/21 cross over providing its the right time of the day for continual price action in that direction. Be watching the 4hr SR levels. The green probabilities are based on fib retracements on a ...

GbpUsd Statistical Probability With Price Action

Statistical Probabilities (SP) say down with a (SP) of 97.6% probability of 2.0496 being hit, a 92.7% (SP) of 2.0450 being hit, a 80.5% (SP) of 2.0143 being hit, and a 63.4% (SP) of 2.0377 being hit. The high so far has been 2.0631 which is 21 pips ...

GbpUsd Statistical Probability With Price Action

Daily look at resistance levels. All is pointing north but if a person isn't in a trade yet it would be good to wait and see.

EurJpy Statistical Probability Trading With Price Action