Tonight for whatever reason I am interest in NJ for no particular reason.
Stats for NJ from 12/12/13 1 minute chart
Average Money cancellation rate: 91.01970%
Average Buy Cancellation Rate:
Average Sell Cancellation Rate:
Difference Between Buy Cancellation rate and Sell Cancellation rate :
Difference Between Buy Cancellation rate and Avg Cancellation rate for the day:
Buy Canceled money for the Day:
Sell Cancelled Money for the Day:
Buy Non Cancelled Money for the Day:
Sell Non Cancelled Money for the Day:
Higher Extreme (Upper candle wick) Money for the Day:
Lower Extreme (Lower candle wick) Money for the Day:
Total Money Invested on 12/12/13:
¥9,058,160,392,000.00, or $87,943,304,776.7
Note all figures are in Japanese Yen since that is the base currency in this pair.
Reason for LONG
1)Buy Cancellation rate was less than sell cancellation rate on 12/12/13 by less than ~.8-.9% (from testing this is a good indication that the rate is the predictor of the next day)
2) There was more buy uncancelled money then sell uncancelled money.
3) Higher extreme money was less than Lower Extreme money. Less Price rejection during 12/12/13 for the market to go future long.
For tonight I am only going to post the Information for NJ and am only taking an NJ trade since I have to get up early and do some stuff before work.
That is my analysis. Be back tomorrow with an update on the position. my price was for NJ was .85391... not a good one but it works since I have to go to sleep now. Happy trading
update I updated/corrected the statistics. Last night I had forgotten I had used a 4 pair sheet instead of a 3 decimal pair sheet* Started next week I will use abbreviations for the rates I calculated so I can post more pair stats.