So, based on the weekly fibo analyzis descibed above, my idea for next week could be something like this (see green oval): image High: 1.24334 Low: 1.22370 But maybe it comes totally different... if I was always right, I would not sit here and ...

EURUSD only

Sure... at least that way the banker can always blame the program for losses ;-) Playing around with the fibo on different time frames gives you a good idea about the hard floors/ceiling to be expected. Unfortunately there are various "nice" ...

EURUSD only

It is sometimes scary how things fit. If we just knew before... image ******EDIT***** Let us zoom in: image Candle 1 marked the high of the trend channel. And it fits EXACTLY between 61.8% and 100% Candle 2 marked the low of the trend channel. ...

EURUSD only

****EDIT**** Is there a problem with the "like-function"? I wanted to give you (andvk74) a thumbs up ...I've been posting this already for a looooooong time... image

EURUSD only

Seems so far away. For six hours boring sidewards... probably it will move when I do my groceries ;-)

EURUSD only

It's always the question how much you can rely on patterns (inverse cup with handle). If the candles follow the lower green TL, then we stay bullish. If a candles closes well below that green lower TL, it is a bearish signal. So much for the ...

EURUSD only

Inverted cup and handle on H1

EURUSD only

--> will remain irrational until we are all broke

EURUSD only

Remember when I was brainstorming yesterday over the long H1 candle in the morning and the H1 "down wick" in the evening. Take the middle of the candle as 50% and the low of the long wick as 100% put a fibo grid: Voilá! image

EURUSD only

Ah, okay... here we go: if we draw the Fibo from bottom to top. we find this 1.21825 exactly !!! at the 23.6% line. And now? No idea... image

EURUSD only

Maybe those bars formed a new H1 trend channel? Fibo-Levels? image

EURUSD only

Levels. Or better: hidden levels. There are too many hard floors (or ceilings) that match previous candles, it cannot be coincidence. As I focus on EURUSD (the most important pair) I see those hard levels very often. Just don't know how to ...

EURUSD only

Here is another one, today's monster wick. Look where it stopped: image The question is: why? And that puzzles me, as a programmer...

EURUSD only

Some COBOL stuff... (as it is EURUSD I am allowed to post it here ;-) ) There was this enormeous H1 candle in the morning. If you take the middle of that bar (with wicks!) you come to exactly !!! 1.21825 Okay, then 7 hours later we have an innocent ...

EURUSD only

Don't you think the last H1 bar was a SL taker to tease the poor retailers, buy cheap and go for new highs?

EURUSD only

My problem with days like theese is that I start to play around. And then with this low volume unexpected things happen... in out in out = 0 At least the other account, that I was just running semi-automatic, did what it should do: increase the ...

EURUSD only

Maybe everybody is out buying toilet paper in fear of a hard corona lockdown again --> no time to trade

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I am almost falling asleep. Just my daughter keeps me awake

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For our money management and long term S/L and T/P we should expect 1.25 someday sooner or later. Slowly like a snail, but steady as a squirrel collecting nuts.

EURUSD only

Exactly. I always laugh when I hear that central bank XXX is doing interventions... with some billions they have against the phantastillions that are moved in Forex every day. The only chance might be via interest rates. But difficult when you are ...

EURUSD only