Standard Deviation Day

Discussion in 'Forex' started by globalfxllc, May 4, 2004.

  1. Looking at a Standard Deviation Day, as we have mentioned in earlier threads.

    EUR/USD is up from the 1.1923 levels to 1.2108 highs , over 150 pips , so it falls in to the Standard D DAy

    GBP/USD is up from the 1.7701 levels to 1.7947 highs, over 200 pips , definatly a Standard D Day

    Even though There is an FOMC Greenspan Speech today we are still buying the Pullbacks

    On Standard Deviation Days you wanna be buying the pullbacks if the pair is up and selling the rallies if the pair is down