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    • FX-Ray replied Jul 6, 2011

      An Oberservation could be High/Lows, Pivots, Averages, S/R.. there no limitation. Picture below: Data for 1 week calculated of 120 1H candles.

      EURUSD
    • FX-Ray replied Jul 6, 2011

      In case I just look for 50-100pips moves 1 week data is enough. Am using extrem conservative money mangement. My stop is never bigger than 10pips. The problem by statistics is, the more data you have the more redundancy data you get. I had to find ...

      EURUSD
    • FX-Ray replied Jul 6, 2011

      You might laugh but itīs hard for me to understand them I just know itīs time-independent and just draws if a specific range ist traded. After the actual project Iīll give it a try.

      EURUSD
    • FX-Ray replied Jul 6, 2011

      Exactly, itīs the 1 hours period over 120 Candles which equals a week. Every 1-Hour Candle generates 62 Observations. 120 1H-Candles generates 120x62=7740 Observations. The Graph is up to date. EUR/USD is at a down extreme, might reverse. Tends to ...

      EURUSD