EurJpy normally ranges around 30 to 50 pips before a break out.

Statistical Probability Trading With Price Action

[23:22 GBP/USD: Steady After Softening House Price Data] Sydney May 21. The Rightmove House Price Index rose 0.4% in May, 13.1% on the year, the slowest rise this year, which suggests that the recent rate rises are having an impact, easing the ...

Statistical Probability Trading With Price Action

Strategy from Fxcm sell at 1.9770 dailies are quite oversold but selling rallies is still preferred. The double top on the hourlies is at 1.9775 and this is the logical place to enter the market. Longer term Fibo support at 1.9565 is now being ...

Statistical Probability Trading With Price Action

2007 5 Daily Daily Range For GbpJpy is 120 Pips 2007 10 Day Daily Range For GbpJpy is 141 pips 2007 20 Day Daily Range For GbpJpy is 139 pips 2007 55 Day Daily Range For GbpJpy is 191pips Daily Range For GbpJpy for all of 2007 is 202 pips Daily ...

Statistical Probability Trading With Price Action

This is the pin bar spike 101 is talking about

Statistical Probability Trading With Price Action

Weekly average range (WAR)GbpUsd this time last was 318 pips This year to date the (WAR) for GbpUsd is 267 pips

Statistical Probability Trading With Price Action

The white numbers show monthly fib levels, yellow numbers weekly fib and green numbers are daily fib levels. Fib levels are based on highs and lows of previous month, week, and day. The green numbers are the resistance levels, red numbers are ...

Statistical Probability Trading With Price Action

I am glad you pointed out that it was a pin bar.

Statistical Probability Trading With Price Action

Daily Chart of UsdCad

Statistical Probability Trading With Price Action

UsdCad weekly

Statistical Probability Trading With Price Action

Double High Inside bar. For the day last Friday UsdChf closed one pip higher then opened.

Statistical Probability Trading With Price Action

Below are the ranges between the high and low of each 4 hour time period for the GbpUsd . All times are US eastern. 6pm-10pm 33 pips 10pm-2am 30 pips 2am-6am 69 pips 6am-10am 65 pips 10am-2pm 52 pips 2pm-6pm 27 pip Past Week Daily Range 2007 5 Daily ...

GBP Patterns, Facts, Trivia

Another look at S & R and trend lines on the 4hr GbpUsd

Statistical Probability Trading With Price Action

See attachement No attachment

Statistical Probability Trading With Price Action

This chart shows the daily pin a little better. It still had a lower close then opening by three pips.

Statistical Probability Trading With Price Action

Another look at the weekly

Statistical Probability Trading With Price Action

Four weekly lows and it is currently at an area that was a strong weekly resistance

Statistical Probability Trading With Price Action

The green numbers are the resistance levels, red numbers are support levels and the turquoise number is the pivot point based on the previous week high, low, and close. The yellow lines show actual support and resistance area from previous days. ...

Statistical Probability Trading With Price Action

On posts 23 and 24 there are no arrows indicating 3am and 9:30am.

Statistical Probability Trading With Price Action

The following are S&R statistics that can be used as a guide of when to exit trades based on the daily range average Since Jan of 2007 GbpUsd touches with in 10 pips of the S1 or R1 82% of the time the EurJpy 87% of the time Since Jan of 2007 GbpUsd ...

Statistical Probability Trading With Price Action