I need a way to calculate the probability of a pair (most likely very trendy ones like GBPNZD) going in one direction for X pips without any pullback of Y pips. (like it goes from straight 1.90 to 1.96, without any even minor pullback of 50 pips) based on the past data. Entry would be before major news releases.
Any ideas how to do that?
Any ideas how to do that?