a daily forex bar has a very high chance of having a high and low beyong it's open...

[TGpop]

how can we make money from this?
whoever is interested in starting a skype group for creating a system around this, PM me

 

[killthesunshine]

very interested... very keen observation

 

[YoungOne]

The market also has a very high chance of going up or down.

 

[opm8]

Quote from YoungOne:

The market also has a very high chance of going up or down.

Sometimes, though, that chance is greater than other days.

 

[TGpop]

well pm me if you're interested

 

[TGpop]

someone i used to know runs an automated system on fx using this, i have a lead as to where to start from him

 

[traderrn]

Is this for real or am I missing something?

You are saying price has a very high chance of moving up and down from the open?

 

[Algo_Design_Kid]

Quote from traderrn:

Is this for real or am I missing something?

You are saying price has a very high chance of moving up and down from the open?

It is genius.

 

[abattia]

Quote from traderrn:

Is this for real or am I missing something?

You are saying price has a very high chance of moving up and down from the open?

Often you'll find it has a significant, non-zero probability of going up or down, or even the reverse.

 

[TGpop]

no worries doubters, i just backtested an idea similar to this with around a 75% win rate , 0.9 r:r, occurring pretty much every day