where will the GBPUSD be on April 1? | Forex Factory

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where will the GBPUSD be on April 1?

  • Poll

  • where will the GBPUSD be on April 1?
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  • #1
  • First Post: Dec 28, 2006 1:15pm Dec 28, 2006 1:15pm
the results from the EURUSD poll were so interesting i think we should investigate this predictive/counter-predictive value once again...
Relax and be happy.
  • #2
  • Dec 28, 2006 1:21pm Dec 28, 2006 1:21pm
how about 1.7817

LOL, just a number that poped into my head.
  • #3
  • Dec 28, 2006 1:25pm Dec 28, 2006 1:25pm
Quoting merlin
the results from the EURUSD poll were so interesting i think we should investigate this predictive/counter-predictive value once again...
If you make it more scientific you may dedicate a section to evaluate members consensus. After a while we might even be able to trade based on the results we get from such polls.
  • #4
  • Jan 1, 2007 4:28pm Jan 1, 2007 4:28pm
Quoting aparsai
If you make it more scientific you may dedicate a section to evaluate members consensus. After a while we might even be able to trade based on the results we get from such polls.
There is something to be said for the "hive-mind" idea. Lots of studies have shown that a large number of people, when asked a question collectively, are more likely to come up with the right answer than a large number of people asked the same question individually.

Changes in price of a commodity are always determined by some kind of mass consensus. It would make sense that trading based on surveys like this would have positive results.
  • #5
  • Jan 1, 2007 7:53pm Jan 1, 2007 7:53pm
prueba
  • #6
  • Jan 1, 2007 10:25pm Jan 1, 2007 10:25pm
Quoting Mike Jolley
There is something to be said for the "hive-mind" idea. Lots of studies have shown that a large number of people, when asked a question collectively, are more likely to come up with the right answer than a large number of people asked the same question individually.

Changes in price of a commodity are always determined by some kind of mass consensus. It would make sense that trading based on surveys like this would have positive results.
Mike,

Just look at the poll for EURUSD. Only 18% of the responders came up with the correct answer. Anyway, if we could give it a try and use professional advice to make it more scientific, there was the chance to make the info more useful.

Good Luck,
Al
  • #7
  • Jan 4, 2007 8:34pm Jan 4, 2007 8:34pm
Quoting aparsai
Mike,

Just look at the poll for EURUSD. Only 18% of the responders came up with the correct answer. Anyway, if we could give it a try and use professional advice to make it more scientific, there was the chance to make the info more useful.

Good Luck,
Al
More like the correct guess. Anyway isn't that the idea? To go against the consensus.
  • #8
  • Jan 6, 2007 5:46pm Jan 6, 2007 5:46pm
1.888 is such a lovely number :=)
its just money
  • #9
  • Jan 7, 2007 5:13pm Jan 7, 2007 5:13pm
Quoting aparsai
If you make it more scientific you may dedicate a section to evaluate members consensus. After a while we might even be able to trade based on the results we get from such polls.
Why would it be surprising. Only about 2-5% make it in forex so 17% getting it correct is pretty high in my mind.
  • #10
  • Last Post: Jan 8, 2007 10:34am Jan 8, 2007 10:34am
I think for sure it will be above 1.9300
Pip Goes The Weasel
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