candle bar statistics today.
66% chance up 0.38% at close.
34% chance down, at the average of -0.28%.
probabilities varies meaningfully on the slight change of volatility.
so there is quite no difference between 2/3 and 1/3.
forget the news later on.
short will offer a better risk / reward ratio.
update: 1106 est, finally picked a way.
target1: 18pips lower (1.1652)
target2: 38pips lower (1.1632)
66% chance up 0.38% at close.
34% chance down, at the average of -0.28%.
probabilities varies meaningfully on the slight change of volatility.
so there is quite no difference between 2/3 and 1/3.
forget the news later on.
short will offer a better risk / reward ratio.
update: 1106 est, finally picked a way.
target1: 18pips lower (1.1652)
target2: 38pips lower (1.1632)