THE PROBLEM:
We've all been there – endlessly searching for perfect confirmation, desperately stacking indicators and technical analysis techniques, hoping for clarity.
Yet, the frustration remains:
Are these tools/techniques truly reliable, or are we just fooling ourselves?
You deserve better!
It's time to break the cycle...
THE SOLUTION: Unlock Data-Driven Confirmation with "STREAKS" data.
Based on decades of historical price data, the STREAKS dataset pinpoints exactly when consecutive streaks of days are statistically likely to end. The data doesn't just help predict reversals; it can also add confirmation to existing signals:
Spot a bearish pin bar after 3+ bullish days?
Check the data!
AUD/USD's Streak data shows 3+ consecutive bullish days hold an 86.34%+ chance of closing bearish the next day, confirming the pin bar holds a high chance of success.
Streak Confirmation Benefits:
1) Confirm pin bars, trendline breaks, S/R retests, candlestick patterns & more.
2) Make informed decisions based on reliable historical probabilities.
3) Always trade with the market odds on your side.
Imagine trading with that kind of clarity!
That's the power of STREAKS.
Ready to see how it works?
Our STREAKS data doesn't just talk the talk – it walks the walk.
It reveals the frequency and probability of seeing consecutive bullish/bearish days across 22 currency pairs, including EUR/USD.
See it in action... (Open Streaks List)
Here's the bullish Streaks data for AUD/USD:
From a quick glance, the chart provides several useful insights:
1) Most streaks fizzle out quickly, with 1-3 days being the norm.
2) Streaks beyond 6 days are rare, but show high reversal odds.
3) Streaks naturally get less frequent the longer they last.
Interesting insights, for sure.
But the REAL power lies in the probability tables.
These tables reveal the exact odds of all streaks breaking on any given day, highlighting potential fading opportunities.
For %: Chance the streak continues the following day.
Against %: Odds of a reversal – this is where our profit lies!
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | Streak | Number | % For | % Against |
|---|---|---|---|---|---|---|---|---|
| 323 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 1 Day | 1035 | 49.45% | 50.55% |
| 324 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 2 Day | 519 | 24.80% | 75.20% |
| 325 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 3 Day | 286 | 13.66% | 86.34% |
| 326 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 4 Day | 147 | 7.02% | 92.98% |
| 327 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 5 Day | 62 | 2.96% | 97.04% |
| 328 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 6 Day | 25 | 1.19% | 98.81% |
| 329 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 7 Day | 8 | 0.38% | 99.62% |
| 330 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 8 Day | 5 | 0.24% | 99.76% |
| 331 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 9 Day | 2 | 0.10% | 99.90% |
| 332 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 10 Day | 2 | 0.10% | 99.90% |
| 333 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 11 Day | 0 | 0.00% | 100.00% |
| 334 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 12 Day | 1 | 0.05% | 99.95% |
| 335 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 13 Day | 0 | 0.00% | 100.00% |
| 336 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 14 Day | 1 | 0.05% | 99.95% |
| 337 | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | liamwebmaster123@gmail.com | 19/02/2024 03:07 PM | 15 Day | 0 | 0.00% | 100.00% |
AUD/USD probabilities show a clear trend:
After a streak of 3+ bearish days, the minimum chance of seeing a bullish close the following day jumps to a massive 86.34%! (Odds vary by pair).
This isn't just theory – it's backed by hard numbers!
Datase Range (Years): 30
Total Bullish Streaks: 2092
3-Day Bullish Streaks: 286
Streak Reversal Probability: 86.34%
Streak Continuation Probability: 13.66%
3 Day Streak Bearish Close Probability: 86.34%!
Imagine knowing your entry signals are backed by statistically significant odds of success.
That's the power of Streaks data.
It's your edge!
The Main Takeaway:
If a streak of 3+ consecutive days immediately precedes your setup, the chance of a successful trade in-line with the streaks expected close jump higher (for intraday or daily trades).
Only one 9-day bearish streak has appeared on EUR/JPY in the last 20 years (2003 - 2023).
Let's calculate the odds using the data:
Dataset Range (Years): 22
Total Bearish Streaks: 2092
9-Day Bearish Streaks: 1
Streak Reversal Probability: 99.93%
Streak Continuation Probability: 0.07%
That's a staggering 99.93% chance of a bullish close the next day!
Mind-blowing, right?
The 99.93% closing probability validates your bullish bias and adds a high layer of confirmation to your pin bar trade.
But hold on...
Let's not get ahead of ourselves just yet.
STREAKS Data offers powerful insights, but it's only one piece of the puzzle.
Let's analyze the charts and see if any technical factors line up:
1) What do nearby price levels (S/R, Round Numbers) reveal?
2) Are there any key supply or demand zones nearby?
3) Does the overall momentum support the signal?
4) What can other technical indicators tell us?
What's the technical picture saying?
Technical signals scream: "Bullish"!
Why the odds are stacked against Bears:
1) 155.000 acts as a major psychological roadblock; the pin touching is a bullish warning sign.
2) One historical 9-day streak suggest bears might be hitting exhaustion, aligning with our data.
3) Wicks below bearish candles show fading momentum, adding further technical confirmation.
Bears should be getting nervous!
This isn't just a hunch anymore – we've combined statistics and technicals to build a rock-solid case for a bullish reversal.
The Pin Bar alone might not be perfect, but the confluence of technicals AND the 99.93% STREAK ending odds creates a high probability buying opportunity.
Time to see if our analysis pays off...
BOOM... Nailed it!
Our bullish setup unfolded perfectly, delivering an impressive 75-pip win.
Why did this buy trade work so well?
1) Streak odds provided a statistically-backed advantage from the get-go.
2) Technicals aligned with the signal, confirming a reversal was likely.
3) 1-hour chart allowed for a tighter entry and decreased stop loss.
See the power of combining technical analysis with Streaks data?
It transforms seemingly ordinary setups into high-probability opportunities. Imagine replicating this consistently – that's the power of data-driven trading!
Don't Mistake Streak Pauses For Reversals!Whoa there, partner!
Don't mistake a broken streak for a reversal.
STREAKS data highlights the increased probability of a temporary pause or short-term counter-move the day following a streak, NOT necessarily a full-blown trend reversal.
Check out the 6-day bullish streak data for AUD/JPY:
Dataset Range (Years): 21
Total Bullish Streaks: 1422
6-Day Bullish Streaks: 31
Streak Reversal Probability: 97.82%
Streak Continuation Probability: 2.18%
Probability of a bearish close after 6 bullish days: 97.82%!
Seems like a mega trade, right?
But watch what happens:
Another bullish day forms!
Well, damn...
Those bulls sure fooled us, didn't they?
Just as our sell trade gained momentum, bulls stormed back in, reminding us high probability streak signals don't always equal a full-blown reversal. It's a valuable lesson that even statistically-backed streak signals can lead to false reversals.
Main Takeaway:
Don't rely on STREAKS alone to predict major reversals.
Instead, use it as a starting point for your analysis.
While streaks can sometimes signal reversals, don't fall into the trap of relying on them exclusively. Combining streak analysis with other techniques significantly improves your ability to anticipate longer term reversal setups with greater accuracy.
How To Confirm a Reversal:
Technical Confluence: Do technical Points of Interest (POIs) align with the potential reversal point?
Pattern Recognition: Identify patterns (e.g., pin bars, doji, engulf) that coincide with the streak ending.
Trend Analysis: Streaks against a strong trend may be less reliable than one against a weak trend.
Market Context: Does any economic news support the reversal, or is it likely to be short-lived?
The bottom line?
STREAKS data gives you a serious edge, but it's even more powerful when combined with other tools and techniques in your trading arsenal.