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Forex Statistics and Forex

Discussion in 'Forex Forum' started by mhmdfx, Nov 28, 2015.

  1. mhmdfx

    mhmdfx Guest

    Hello traders
    It is my first thread here and i'm interested in statistics however its not my main study . But let's think simply any price has certain probability to go to any price above it or below it . Some people said that any price has the same probability to go from any price up or down for the same distance but i think that is wrong because market movement is not separate . It is related to each other so we will get the probability for any price to go or down for certain distance by studying the history of this price . You can see that on EURNZD M5 chart when price touched 1.6140 it went 3 times to 1.6175 and one time to 1.61050 for the last 2 days and when price was 1.6140 today it went directly to 1.6175 .

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