EUR/USD:

Saturday, April 11, 2009 WiKi

What's it doing and where's it going? I haven't really got a clue. I still don't like trading it but I did make money on it today, it was the only pair I made money on but it required me waiting for a nearly 100% probability to take a trade, and those types of probabilities don't come along every day in this market...

Prior to the EUR/USD showing a 100% probability of a buy, the pattern sequence of its seven prior 30-minute opens had never been made in the history of the EUR/USD. I've got every 30-minute opening and I never saw the EUR/USD make a downside pattern sequence in that kind of a way and my data confirmed what I was seeing... it never happened before. When the euro did finally bottom, the 100% probability of the euro moving up 50-pips showed itself between the 1.3358 and 1.3368 level. 


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