Right now it is at an area or resistance where there were 3 previous weeks that held for high for the weeks.

EurJpy Statistical Probability Trading With Price Action

Based on statistical probabilities the weekly fibs will be areas of supports and possible pivots As far as when that turn takes place just have to watch PA (price action). Right now on the 4hr it is finding resistance at 165.41 but candles and trend ...

EurJpy Statistical Probability Trading With Price Action

The EurJpy has had one major retracement ( I call a major retracement the 50 or 61.8 fib) after pivoting off of 161.68. After moving 120 to 150 pips it will often retrace to the 50 or 61.8 fib levels of that 120 to 150 pip move. Or it will stall and ...

EurJpy Statistical Probability Trading With Price Action

Keep in mind the possibility of one of the weekly fib probabilities be the pivot point for the up side if there is PA toward them early in the week. On the upside the 165.81 area could be high point for the week. I base that on it being 378 pips ...

EurJpy Statistical Probability Trading With Price Action

The EurJpy took a big drop down to 160.46 and closed out 164.32, which is 25 pips below the high for the week of 164.57. It came with in 7 pips of the weekly fib of 23.6. which was drawn from the high of 167.71 and the low of 163.69 for the week of ...

EurJpy Statistical Probability Trading With Price Action

(RM) for the GbpJpy on the 4hr candles/Bar. Broken out for the year and pre and post July 23.

GbpJpy Statistical Probability With Price Action

The red letters are the range of motion (RM) statistical probabilities (SP) for the GbpUsd starting the last 85 days. This is when all the currencies (RM) increased. The other percentages are (SP) for the gbpusd's (RM) for all of the year and the ...

GbpUsd Statistical Probability With Price Action

Let me know if you come up with anything. I use statistics in my trading but, it all comes from an excel spread that I have to do my own formulating.

Statistical studies about a specific currency pair

These are levels of supports based on weekly fib retracements previous 4hr s/r levels and weekly lows. It's heavy on the top side meaning it is currently 130 pips below the high on 7/24/07 which also is a high that has not been broken since 1981. If ...

GbpUsd Statistical Probability With Price Action

Areas of resistance based on daily high, lows, and closes.

GbpUsd Statistical Probability With Price Action

Weekly 21 EMA sets at around 2.0205 look for price action in the gray area based on post 25's analysis and also weekly fib retracements.

GbpUsd Statistical Probability With Price Action

The GbpUsd smashed through all weekly fibs and found support at 2.0258. Trading week of 10/08/07 had a weekly low of 2.0258 and came within 53 pips of 2.0205 the estimated 21ema on the weekly (see post 23). The 2.0290 and 2.0250 has been an area of ...

GbpUsd Statistical Probability With Price Action

162.81 broken again down side move. Heard Tokoyo stocks fell 500 pips. Could be tough on wall street. Therefore gbpjpy and eurjpy heading south.

EurJpy Statistical Probability Trading With Price Action

Currently the EurJpy found support at a daily sr level of 162.47 (see previous post) and has a 65% SP of it going to the 61.8 weekly fib. If the low of 162. 47 holds for the week then the 50 weekly fib of 165.71 which is 324 pips away and with in ...

EurJpy Statistical Probability Trading With Price Action

Column1 shows the number of pips the pound has ranged for the week. For example in column 1 there is the number 260 which means the distance between the high and low for that week was 260 pips. Next to it in column 2 there is the number 30 That ...

EurJpy Statistical Probability Trading With Price Action

Currently it is finding s/r around last weeks high and the weekly 23.6 fib.

GbpUsd Statistical Probability With Price Action

The 4hr weekly its fully extended with out a major retracement from the weeks high and low. Trading almost 1700 pips below July high plenty of room on the up side.

GbpJpy Statistical Probability With Price Action

S/R levels on the daily 534

GbpJpy Statistical Probability With Price Action

Up dated information starts with post 23. See link and post 25 for further explanation of weekly chart post. url

EurJpy Statistical Probability Trading With Price Action

See post 23 for updates Looking at the high (SP) on the daily for the EurJpy. The 140 pips RM on the 55 day chart has 67% (SP) and the 100 pips RM has a 67% (SP) on the yearly. On a daily basis those two numbers may be something to look at for the ...

EurJpy Statistical Probability Trading With Price Action