Inraday
An intraday trade zone on EURUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by .75 for the bottom and 1.5 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins are normally bigger than your average losses. I close it at the end of the New York session
An intraday trade zone on EURUSD using standard deviationI calculate the zone by using implied volatility from the futures to solve for a one standard deviation price range. Then multiply that by .75 for the bottom and 1.5 for the top of the zone. To pick direction I simply use the Ichimoku Kinko Hyo. When the price is above the kumo I'm short, when its below the kumo I'm long. The success rate should hover around 50% but you'll find that your average wins are normally bigger than your average losses. I close it at the end of the New York session