Statistical Probability Trading With Price Action

GbpJpy weekly range average

GbpJpy 20 day weekly range chart compared to the 2007 (WAR) weekly average range
The blue line show the weekly range for each of the last 20 weeks and the pink line shows the (WAR) for 2007

GbpUsd (WAR)

GbpUsd 20 day weekly range chart compared to the 2007 (WAR) weekly average range
The blue line show the weekly range for each of the last 20 weeks and the pink line shows the weekly average for 2007

UsdCad (WAR)

UsdCad 20 day weekly range chart compared to the 2007 (WAR) weekly average range
The blue line show the weekly range for each of the last 20 weeks and the pink line shows the weekly average for 2007

UsdChf (WAR)

UsdChf 20 day weekly range chart compared to the 2007 (WAR) weekly average range
The blue line show the weekly range for each of the last 20 weeks and the pink line shows the weekly average for 2007

UsdJpy weekly range average

UsdJpy 20 day weekly range chart compared to the 2007 (WAR) weekly average range
The blue line show the weekly range for each of the last 20 weeks and the pink line shows the weekly average for 2007

Below is a Table Of Content showing where the (DAR) for the below currencies are posted.

Post 81 shows 4hr range for each 4hr candle/bar
GbpUsd
EurJpy
GbpJpy
UsdCad
UsdJpy

Posts For Daily Average Range For The Below Currencies

EurJpy Posts 87,88, & 92
GbpJpy Posts 93-95
GbpUsd Posts 96-98
UsdCad Posts 99-101
UsdJpy Posts 102-104
EurUsd Posts 105-107
UsdChf Posts 108-110
EurAud Posts 111-113

Posts For Weekly Average Range For The Below Currencies

EurAud Posts 115-116
EurJpy Posts 117-118
EurUsd Posts 119-120
GbpJpy Posts 121-122
GbpUsd Posts 123-124
UsdCad Posts 125-126
UsdChf Posts 127-128
UsdJpy Posts 129-130

This week it has retraced to the 50 weekly fib level and is bounced

The posted chart shows the number of times and the percentage of times the EurJpy moves the amount of pips listed. For example it has move 70 pips 88 times or 83% of the time. If the current high of 163.72 holds there is an 83% probability of the EurJpy moving to 163.02 on the down or short side. If the current low of 163.04 holds there is a 83% probability of the EurJpy moving 70 pips on the up side or long side to 163.74. Currently it already has ranged 68 pips and has come with in 2 pips of each of the top and bottom range.

The high held and the eurjpy had a range of motion between 70 and 80 pips of 163.72 and 162.95.

Price action a couple of days ago for the GbpUsd around the floor traders daily pivots s & r and daily fib. The daily pivot was at the 38.2 fib and it found support at S1 and came within 8 pips of S2 and the S2 held.

Updated EurAud Daily Range

Updated EurAud daily range averages

EurAud daily range chart. The pink line is the yearly average the yellow line is the last 10 day daily range with the up and down blue lines showing the daily range of motion for the past 10 days.

Price action for the EurAud for Monday of past week. The green fib numbers are daily fibs and show the fib levels from the previous days high and low and how they pertain to the next day this trading day. The green numbers are the resistance levels, red numbers are support levels and turquoise numbers are pivot points that floor traders use based on previous days high, low, and close.

Price action for the EurAud for Tuesday of past week. The green numbers are the resistance levels, red numbers are support levels and turquoise numbers are pivot points that floor traders use based on previous days high, low, and close.