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Old 28-10-2003, 15:23   #11
mishak
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Question Random - yes, Predictable - ?

Hi Skater,
very nice post, thanks

I totaly agree with you - forex prices are random.
Will you please add more about predictability...

Here are some questions from the top post for your convenience

1. What are the chances Euro will go up in the next hour ?
4. Say, EUR/USD is 1.1650. Which chances are better:
A. The Euro will reach 1.1700 (+50 pips) during next 24 hours or
B. The Euro will reach 1.1600 (-50 pips) during next 24 hours

Are forex prices uniform ?
Are they predictable with chances better than 50% ?

Appreciate your participation
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