EURUSD Statistically analyzed. What do you think?

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czlaping

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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:

shRsSj6p


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

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  • waveref.pdf
    198.8 KB · Views: 5
  • Pip_3.pdf
    762.5 KB · Views: 7
Such significant assets (in my opinion) are easier to analyze because they have a more detailed structure and a longer history.
 
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