Kawasaki Dollaremon-ryu Time Statistics Theory | Episode 2 Monthly Forecast February Edition [Kawasaki Dollaremon]
Mr. Kawasaki Doruemon emphasizes the time element as important in FX. This project will teach Mr. Doruemon specific trading strategies from a statistical approach.
Kawasaki Doruemon Profile
Kawasaki Doruemon. Feeling limitations with discretionary trading, he sought a system trading method that can be profitable with as little mental burden as possible. Through various simulations, he completed the Guruguru Train.
Blog:Kawasaki Doruemon's FX Blog
Twitter:https://twitter.com/kawasakidoruemo
What are the February FX trends from time-based statistics?
Hello, I am Kawasaki Doruemon. I trade by referencing seasonal trends in the FX market. This time I will focus on February’s seasonal tendencies. Table 1 shows the monthly data since 2000, counting bullish and bearish candles. First, let’s look at the trends for currency pairs other than cross-yen pairs. From Table 1, AUD/USD has 14 bullish candles and EUR/AUD has 13 bearish candles, indicating a slight tendency to buy the AUD, but this alone does not constitute a strong trend.
To analyze the tendency more precisely, we will look at weekly time statistics.