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Which is the only pair that is easlily intepreted by spikes?
i.e a spike in -ve is a downtrend & on the +ve is an up trend
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- In Forex General
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- John Ka...
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- 1 year ago
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Crosscorrelation histograms of each spike train pairs were computed and distributed .... But some histo- grams were less easily interpreted: they exhibited odd shapes ..... Samples include only paisr. |
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GBP/JPY is easily affected by spike trading due to the speculative nature of the combination. |
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This is more my opinion than fact, but the USDJPY typically initiates long duration trend based on economic stability. For this reason, it's often difficult to trade news against the pair because of the stability (less PIPs per week than the other majors). |
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A spike can be a false price so why trade it? It is important to watch and observe before reacting to false price spikes. |
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