Someone said that japanese pairs (GBPJPY, AUDJPY, CADJPY, etc) are more trending while other Forex pairs are more reverting to the mean (specially NZD)
do you agree with that statement ? how do you apply this to your trading systems ? do you have a way to determine if a pair is more trending or more mean reverting ?
thanks so much
Jeff
Re: Are Japanese Forex pairs more trending usually ?
2jeffionone wrote: Sat Jan 07, 2023 12:46 am Someone said that japanese pairs (GBPJPY, AUDJPY, CADJPY, etc) are more trending while other Forex pairs are more reverting to the mean (specially NZD)
do you agree with that statement ? how do you apply this to your trading systems ? do you have a way to determine if a pair is more trending or more mean reverting ?
thanks so much
Jeff
eurusd completed using sar with g channel
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Are Japanese Forex pairs more trending usually ?
3today total i find 60 pipes. biggest is this so far
other are 10 pips (2 trades) auto trading needs.
rule 1 as shown above
now trend starts
other are 10 pips (2 trades) auto trading needs.
rule 1 as shown above
now trend starts
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Are Japanese Forex pairs more trending usually ?
410 pips target 1st
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Are Japanese Forex pairs more trending usually ?
5how i can solve this issue while quick closing the trade!!
advise experts traders
testing 2 trades now fine.
advise experts traders
testing 2 trades now fine.
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Are Japanese Forex pairs more trending usually ?
6I'm also talking specifically about GBPJPY. It seems to be the most trending pair of all. One trader (Scott Welsh) trades ONLY this pair with a trend algorithm...That's why I wonder if JPY pairs are more trending usuallyionone wrote: Sat Jan 07, 2023 12:46 am Someone said that japanese pairs (GBPJPY, AUDJPY, CADJPY, etc) are more trending while other Forex pairs are more reverting to the mean (specially NZD)
do you agree with that statement ? how do you apply this to your trading systems ? do you have a way to determine if a pair is more trending or more mean reverting ?
thanks so much
Jeff
Re: Are Japanese Forex pairs more trending usually ?
7Tendentially yes, the yen is currently the most volatile overall, with the exception of a few exotics
Attachments
