The EurJpy weekly fib retracements. In contrast the pound 98% to 23.6, 90% to the 38.2 fib, 80% to the 50 fib, and 64% to the 61.8 fib. These fib calculations have a 10 pip tolerance. Meaning if it came within 10 pips or less to a fib level it was ...

EurJpy Statistical Probability Trading With Price Action

Friday is normally retracement after the weeks run? With Wed and Thursday mostly being the heart and end of the trend? Meaning if you are in a trade it would be good to take profits by Thursday?

GbpJpy Statistical Probability With Price Action

EurJpy DAR

EurJpy Statistical Probability Trading With Price Action

Trades # 1 and #2 were based on statistical probability and price action and trade #3 was based on retracement off of the NFP news. My thoughts for the GbpUsd at the start of the week was to trade with the trend up after a bounce off of the weekly ...

GbpUsd Statistical Probability With Price Action

WAR for various periods of time.

EurJpy Statistical Probability Trading With Price Action

GbpJpy WRM and WAR. The yearly for the year to date is 566 pips. By looking at this chart do we expect the GbpJpy to move beyound or below its year WAR?

Statistical Probability Trading With Price Action

GbpJpy

Statistical Probability Trading With Price Action

Daily range of motion (DRM) for GbpJpy the last 41 to 80 days

Statistical Probability Trading With Price Action

RM for GbpJpy last 40 days

Statistical Probability Trading With Price Action

DAR averages for the GbpUsd

Statistical Probability Trading With Price Action

RM for the GbpUsd last 40 days. The blue line is the (RM) for the last 40 days and pink line is the 2007 (DAR) of 120 pips. 28,394/178

Statistical Probability Trading With Price Action

Daily (RM) for the GbpUsd. Pink line shows daily (RM) and the blue line is (DAR) of 120 pips for 2007

Statistical Probability Trading With Price Action

GbpUsd Fib Retracements Percentages — The blue print shows 200 trading days so far this year and how many times and percentage of times the GbpUsd retraces to those level on a daily basis. This is based on it retracing to these levels either ...

Statistical Probability Trading With Price Action

GbpUsd Weekly Range — Weekly range for the gbpusd this year. It has been 12 weeks since it dropped below the 250 RM between the weekly high and low.

Statistical Probability Trading With Price Action

I have learned in the last few months that waiting for proper PA (Price Action) for these fibs is important. It almost seems like its a gimme when you have daily fibs of high probability and weekly fibs of high probability (see previous post). But ...

Statistical Probability Trading With Price Action

Up dated retracements GbpUsd

Statistical Probability Trading With Price Action

Its breaking past the opening of the day and the days high for a turn toward the up side. Could be a nice move up another 100 pips according to it's (DAR) daily average range.

Daily GBP/JPY analysis