How To Predict Currency Price High And Low In Next 24 Hours Using Brownian Motion?

Trading is a zero sum game. If you lose someone is winning.

Market comprises millions of people hooked up on their computers.

These people are buying and selling currencies or other instruments whatever suits them.

Most of them don't know why they are buying and selling so they will always lose.

Some are highly intelligent with PhDs in mathematics and are employed by big Wall Street firms.

These are the guys who always win and we always lose.

These people are known as Quants and they look at technical analysis with derision.

Quants use sophisticated mathematical models to predict market movements.

Most of their models are probabilistic and make heavy use of stochastic calculus.

Brownian motion is a random process that was first used in pricing stock options.

Read this post in which I explain in detail how quants predict price high and low in the coming 24 hours.