Kawasaki Doru Emom Stream Time Statistics Theory | 4th Month-on Month Forecast April Edition [Kawasaki Doru Emom]
Kawasaki Dollaremon emphasizes the importance of the temporal element in FX. This project will teach Mr. Dollaremon concrete trading strategies from a statistical approach.
Kawasaki Dollaremon Profile
Kawasaki・Doruemon. Feeling limits in discretionary trading, he seeks a system trading method that is as mentally lightweight as possible and easy to profit from. After various simulations, he completed Guruguru Train.
Blog:Kawasaki Dollaremon’s FX Blog
Twitter:https://twitter.com/kawasakidoruemo
April: Focus on Pound-Related Currency Pairs!
Hello, I’m Kawasaki Dollaremon. I trade by referencing seasonal trends in the foreign exchange market. This time, I will explain the April FX time statistics theory.
The April FX time statistics theory specifically focuses on currency pairs involving the pound! Please look at Table 1. This counts the monthly candles from 2000 through April. Looking at the pound-related currency pairs, the number of bullish candles for GBP/JPY is 15 out of 20, and for GBP/USD it is 17 out of 20, both with a high number of bullish candles. Converted to probabilities, the bullish candle probability is 75% for GBP/JPY and 85% for GBP/USD, which are quite high. The bullish candle count for GBP/CHF also is 15 out of 20, i.e., 75% probability, also high.
From this, it can be understood that April tends to be a month when the pound is bought. Therefore, from a time-statistics perspective, it seems better to build a strategy that holds long positions in pound-related currency pairs in April.
The official site of FX Magazine, Japan’s only monthly FX specialty magazine, is here