Attached you will find EUR/USD stats over 12 years of data.
QUESTION:
What trading tips can we draw from these statistics? What is your opinion?
Am I correct to draw the conclusion:
- if the candle mid-week is bullish, then it's usually safe to hold a buy position (from Wednesday) until the end of the week (Friday). (argument: according to these stats, in an uptrend price closes near the high of the weekly candle) and on Wednesday it's usually safe to buy from the pivot point: S1, S2 and S3 in a bullish candle (uptrend signal). Correct? Or are there other conclusions to draw from the stats (source: see page 4, table)
EURUSD weekly range statistical analysis (1).pdf:
QUESTION:
What trading tips can we draw from these statistics? What is your opinion?
Am I correct to draw the conclusion:
- if the candle mid-week is bullish, then it's usually safe to hold a buy position (from Wednesday) until the end of the week (Friday). (argument: according to these stats, in an uptrend price closes near the high of the weekly candle) and on Wednesday it's usually safe to buy from the pivot point: S1, S2 and S3 in a bullish candle (uptrend signal). Correct? Or are there other conclusions to draw from the stats (source: see page 4, table)
EURUSD weekly range statistical analysis (1).pdf:
Attached File(s)
EURUSD weekly range statistical analysis (1).pdf
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