Forex-usdjpy
USD/JPY possible short swing as risk off sentiment could developAs long as USD/JPY stays under the 61.8% as marked on the chart in red, a risk off sentiment could develop in the markets, meaning weaker stocks and stronger safe haven currencies and commodities. This setup becomes invalidated if the pair moves over the 61.8% in which case this market would likely be range bound.
Range trading: Forex as for 17/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1033
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1017
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1002
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1123
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1138
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1154
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2698
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2627
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2556
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2946
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3017
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3088
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 108.22
Long position 2
(The price today will not fall below this mark with a probability of 95%) 108.01
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.80
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.25
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.46
Short position 3
(The price today will not rise above this mark with a probability of 99%) 109.67
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 16/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0985
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0969
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0953
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1075
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1090
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1106
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2656
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2590
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2524
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2870
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2935
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3001
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 108.21
Long position 2
(The price today will not fall below this mark with a probability of 95%) 108.03
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.85
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.25
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.43
Short position 3
(The price today will not rise above this mark with a probability of 99%) 109.62
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 15/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0982
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0967
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0951
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1072
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1088
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1103
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2513
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2449
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2384
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2722
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2787
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2851
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.81
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.61
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.41
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.92
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.12
Short position 3
(The price today will not rise above this mark with a probability of 99%) 109.32
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 14/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0985
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0969
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0953
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1078
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1093
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1109
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2519
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2455
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2391
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2716
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2780
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2843
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.85
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.66
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.46
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.87
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.06
Short position 3
(The price today will not rise above this mark with a probability of 99%) 109.26
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 11/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0966
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0948
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0931
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1058
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1075
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1093
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2349
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2300
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2252
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2532
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2581
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2629
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.47
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.27
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.08
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.50
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.70
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.89
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 08/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0924
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0896
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0867
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1019
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1047
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1075
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2210
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2170
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2131
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2375
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2414
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2453
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.79
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.58
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.38
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.83
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.03
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.23
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 07/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0933
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0905
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0877
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1027
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1056
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1084
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2239
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2203
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2167
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2398
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2434
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2470
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.27
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.07
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.88
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.25
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.44
Short position 3
(The price today will not rise above this mark with a probability of 99%) 107.64
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 04/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
www.tradingview.com
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0925
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0897
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0869
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1022
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1050
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1077
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2257
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2219
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2181
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2427
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2465
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2503
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.31
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.11
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.91
Short position 1
(The price today will not rise above this mark with a probability of 68%) 107.36
Short position 2
(The price today will not rise above this mark with a probability of 95%) 107.56
Short position 3
(The price today will not rise above this mark with a probability of 99%) 107.76
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 02/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0882
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0853
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0824
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0987
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1016
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1045
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2213
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2175
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2136
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2376
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2415
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2453
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.30
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.11
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.92
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.23
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.42
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.62
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 01/10/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0842
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0813
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0784
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0945
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.0973
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1002
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2203
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2161
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2118
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2370
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2412
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2454
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.73
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.55
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.36
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.61
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.79
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.97
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 30/09/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0887
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0858
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0829
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0989
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1018
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1047
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2204
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2161
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2118
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2377
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2420
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2464
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.44
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.25
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.06
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.43
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.62
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.81
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Second chance to short USDJPYHello Traders
USDJPY again approached an important resistance line and, like last time, I predict a fall from this line. In addition to the resistance line, the price is at a strong resistance level of 108.2.
Open short either from the resistance line or after the break of a small support line and a support level 107.85.
Target - support level 106.7
Range trading: Forex as for 27/09/2019Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0865
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0836
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0807
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0965
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.0994
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1023
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2235
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2193
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2151
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2412
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2455
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2497
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.26
Long position 2
(The price today will not fall below this mark with a probability of 95%) 107.08
Long position 3
(The price today will not fall below this mark with a probability of 99%) 106.89
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.24
Short position 2
(The price today will not rise above this mark with a probability of 95%) 108.43
Short position 3
(The price today will not rise above this mark with a probability of 99%) 108.62
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.