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EURUSD Statistically analyzed. What do you think?

Discussion in 'General Forex Talk' started by czlaping, Oct 29, 2018.

  1. czlaping

    czlaping Recruit

    Mar 11, 2015
    Likes Received:
    This Thread will probably be under construction for quite some time. This is also my first thread. Therefore please be kind. At the same time, I do not expect anyone to withhold honest constructive criticism.

    What I intend to post here is the result of some of my statistical work with several years of tick data of the EURUSD. For those of you who are familiar with him, this is a partial reproduction and extension of the statistical work on market analysis by Dr. James Bickford in his book Forex Wave Theory. Please understand that this data is specific to the EURUSD only.

    The first PDF download is a reference sheet of the 18 waves in the Bickford classification system. Each wave in the first PDF is represented In the second PDF by an abbreviation. The abbreviations are as follows:

    Bull Waves:

    Bull Impulse BI
    Bull Contracting Ascending Triangle BCST
    Bull Contracting Symmetrical Triangle BCAT
    Bull Expanding Ascending Triangle BEAT
    Bull Square/Rectangje BRect
    Bull Contracting Descending Triangle BCDT
    Bull Expanding Symmetrical Triangle BEST
    Bull Expanding Descending Triangle BEDT
    Bull Connector BConn

    Bear Waves:

    Bear Impulse BrI
    Bear Contracting Descending Triangle BrCDT
    Bear Contracting Symmetrical Triangle BtCST
    Bear Expanding Descending Triangle BrEDT
    Bear Square/Rectangle BrRect
    Bear Contracting Ascending Triangle BrCAT
    Bear Expanding Symmetrical Triangle BrEST
    Bear Expanding Ascending Triangle BrEAT
    Bear Connector BrConn

    The second PDF Pip 3.pdf analyzes 5 years of EURUSD tick data for the present of the 18 waves listed above using the following restrictions:
    1. Each wave above is composed of four separate swings.
    2. Each swing must be at least 3 pips in length to be counted.
    3. No swing of 3 pips length or greater may be skipped.
    Example Use:


    This is one of many ways to use the statistics in this PDF.

    Attached Files:


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