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 Range For Gbp Jpy for this time in 2006 161 pips Daily Range For GbpJpy for all of 2006 was 142
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
bolstered by a daily trend line and bulls should look to enter the market
here. Play edges of these ranges. (SL) [23:13 GMT]
end
This is thought from fxcm not necessarily my preference.
[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 pressure on interest rates. The Cable trades at the base of a very tight 1.9743/56 range, with offers building at 1.9775/80 and bids at 1.9700/10, with stops below. We expect these orders to contain the Cable in Asia, which trades 1.9742/45. [email protected]Quote From Fxcm [
2007 5 Day Daily Range For UsdJpy is 59 Pips 2007 10 Day Daily Range For UsdJpy is 60 pips 2007 20 Day Daily Range For UsdJpy is 66 pips 2007 55 Day Daily Range For UsdJpy is 90 pips Daily Range For UsdJpy for all of 2007 is 89 pips Daily Range For UsdJpy for this time in 2006 106 pips Daily Range For UsdJpy for all of 2006 was 94
The green numbers are the resistance levels, red numbers are support levels and turquoise numbers are pivot points based on previous days high, low, and close.
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 EurJpy touches with in 10 pips of the S1 or R1 87% of the time Since Jan of 2007 EurJpy touches with in 10 pips of the S2 or R2 39 % of the time Since Jan of 2007 EurJpy touches with in 10 pips of the S3 or R3 18% of the time
These ranges date back to the first trading day of this year (2007)
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
Below are the ranges between the high and low of each 4 hour time period for the EurJpy . All times are US eastern. 6pm-10pm 51 pips 10pm-2am 40 pips Below are the ranges between the high and low of each 4 hour time period for the GbpJpy . All times are US eastern. 6pm-10pm 83 pips 10pm-2am 66 pips
Lots of numbers here but with in a week or two I will post the stats in a more orderly fashion with a table of contents to help find which posts have daily range, weekly range, hourly ranges, fib retracements, supports, resistance and pivots, as well as charts of significance.
Below are the ranges between the high and low of each 4 hour time period for the below currencies. All times are US eastern. GbpUsdEurJpy GbpJpy UsdCad UsdJpy 33 pips51 pips83 pips16 pips 38 pips 6pm-10pm 30 pips40 pips66 pips15 pips 29 pips 10pm-2am 69 pips55 pips97 pips31 pips 38 pips 2am-6am 65 pips52 pips95 pips42 pips 44 pips 6am-10am 52 pips46 pips77 pips35 pips 40 pips 10am-2pm 27 pip30 pips51 pips21 pips 23 pips 2pm-6pm
Daily range for EurUsd this time last year was 91 pips it ended the year with an average 92 pips for the daily range. Currently the daily range for 2007 is 73 pips. 2007 5 Daily Daily Range For EurUsd is 74 Pips 2007 10 Day Daily Range For EurUsd is 66 pips 2007 20 Day Daily Range For EurUsd is 66 pips 2007 55 Day Daily Range For EurUsd is 71 pips
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Joined Sep 2006
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Status: BengalTrader
|175 Posts
Hi goodthings, great job at the statistical analysis.. I find your studies very helpful, by far one of the most helpful tips were the gbp crossing the 70 pip level..
Anyhow, in regards to fibs, I was wondering how you are drawing it to determine the 23.6 fib level? Are you putting your fib cursor at the low or the high of the day and then going backwards in time to the beginning of that day? I guess a more proper way of asking would be, whether you are going forward in time or backward in time when drawing your fibs I guess since whether you start at the low or the high depends on whether the market closed lower or higher at the end of the session.. Thanks
Hi goodthings, great job at the statistical analysis.. I find your studies very helpful, by far one of the most helpful tips were the gbp crossing the 70 pip level..
Anyhow, in regards to fibs, I was wondering how you are drawing it to determine the 23.6 fib level? Are you putting your fib cursor at the low or the high of the day and then going backwards in time to the beginning of that day? I guess a more proper way of asking would be, whether you are going forward in time or backward in time when drawing your fibs I guess since whether you start at the low or the high depends on whether the market closed lower or higher at the end of the session.. Thanks
Ignored
The daily fibs are the green numbers and since it closed lower then the open the fib lines are drawn from top to bottom for the down trend. When it closes higher then the open then the fib lines are drawn from bottom to up for an up trend.
The chart shows the weekly average range (WAR) comparison between this time in 2006 blue line which had a (WAR) of 318 and year ending of 318 and 2007 red line which has a (WAR) to date of 267.
