As I said on my first post, I do my own way to Larry Williams „Trading Day of  the Month” concept. And this is a weekly sequence coming from statistics reports I developed. We will see information for 46th week of the year, 11th till 15th November 2019.

Ground rules for statistics

Sequence says if we have in next trading week one-way move on each market. I accept max one “correction” day with opposite direction. Statistic numbers claim an average strenght of sequence. I will push myself to publish each day statistics also on this blog for all of You.

Let me explain main ideas with reports:

  • I study statistics for two periods: maximum I had access to (on each market it’s different lenght) and on last 10-years period.
  • To count “strong intraday signal” I assume it has to be more than 70% for long period and minimum 80% for 10-year period.
  • Having minimum strenght on both long- and short-term period will become my “Trading Day of  the Month“.

Days off

11th November is Independence Day in Poland, so no numbers for WIG20.

New data

From 1st November I add EUR/USD statistics to daily publications, so it will join sequences as well!

Sequences

Let’s get to numbers and sequences for upcoming days:

  • DAX: no sequence for 24-years period, short sequence (60,0%) till Thursday for 10-years period;
  • FTSE100: no sequences for 19-years or 10-years period;
  • WIG20: there is no sequence for 22-years, short sequence (65,0%) from Tuesday for 10-years period;
  • WTI: there is short sequence (56,5%) with Thursday correction for 36-years period and no sequence for 10-years period;
  • gold: there is long sequence (53,5%) with Thursday correction for 44-years period and no sequence for 10-years period;
  • dollar indes (DXY): there is no sequence for 12-years period;
  • S&P500: there is no sequence for 19-years and long sequence (65,0%) with Thursday correction for 10-years period;
  • NASDAQ: no sequences for 19-years or 10-years period;
  • Dow Jones: no sequences for 19-years or 10-years period;
  • Nikkei 225: there is short sequence (59,5%) with Tuesday correction for 33-years period, no sequence for 10-years period;
  • Brent: short sequence (59,8%) for 30-years period, short sequence (67,5%) till Thursday for 10-years period;
  • Eurostoxx 50: long sequence (57,0%) for 21-years period, no sequence for 10-years period;
  • EUR/USD: no sequences for either 17-years period or 10-years period.

Signals strenght

Germany DAX has sequence with average range of 292,2 points, strong intraday statistics on Monday with average range of 56,77 points and on Friday with average range of 58,98 points.

FTSE100 has no sequences, strong statistic on Tuesday with average range 35,17 points.

WIG20 has sequence with average range of 79,19 points, strong signal on Wednesday with average range 20,44 points.

Eurostoxx 50 has long sequence with average range of 140,4 points, strong intraday statistics on Tuesday with average range 20,63 points and on Friday with average range of 29,31 points.

Nikkei 225 sequence with average range of 574,76 points, no strong signals.

Oil Brent has sequence with average range $3,73 for 30-years period, sequence for 10-years period has average range of $4,31, strong intraday statistics on Tuesday with range of $0,66 and on Wednesday with average range of $1,57.

Oil WTI has sequence with average range of $2,62, no strong intraday statistics.

Gold has sequence for 44-years period with average range of $12,29, strong intraday statistic oc Tuesday with average range of $9,44.

Dollar index (DXY) has no sequence, strong intraday statistic on Monday with average range of $490.

S&P500 has long sequences with average range 34,36 points for 10years period, no strong signals.

NASDAQ has no sequences, strong signal on Wednesday with average range 26,78 points.

Dow Jones Industrial Average has no sequences, strong signal on Friday with average range of 101,60 points.

EUR/USD has no sequences or strong intraday statistic.

If You find this posts or intraday statistics useful – please share it with Your friends!

To deliver better service I will publish intraday statistics day before, between 6:30 and 7:00 pm GMT (1:30 and 2:00 pm EDT), so please, do enjoy them!

 

Leave a Reply

Your email address will not be published. Required fields are marked *