Why so modest? See the big picture: image 1.31 should be possible ... if you are veeeeery patient and we will all survive until then

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COBOL ist stronger than DOL We are stuck in the channel since the 24th of June: image

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Same thought. I was already looking at that image we had one week ago. Unfortunately nothing can be foreseen. Just a matter of probabilities. image

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I know that for some people I also am just producing funny posts. Then so be it... At the end nothing that would not fit into a pattern: image And nothing that does not appear frequently... (but I really like your grammar lesson)

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was that already the "high" for the London Open breakout box? Anyway, room for up and down. As always (germany saying): "...the weather will change or stay like it is..." H4 (for me still valid): image

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Who said that he died? As Rick Boss... Ooops, wrong forum

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Maybe no "normal" currency as reserve: take a look at gold

EURUSD

or 100 at "my" H4 channel. Well, I do not force anyone to follow my imagination, but for me it is a great help. And always a proof that COBOL lives... image

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With all these hammers around, I prefer to trade without S/L. Looks like these spikes are just made to trigger the S/L that people put... I prefer to hegde with a close buy/sell-stop and then follow with a trailing stop.

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That would be nice, but maybe just wishful thinking? If the candles stay within my trend-channel (what they did nicely for the last days) I see the 1.14xxx tomorrow before London close.

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Interesting picture in the morning... Yesterday's H4 London Open box marked the low as predicted. Never went below that point again. Now the Asian session touched my (!) lower H4 trend line. Was this already today's low? Will be interesting to ...

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now closed with small pizza basket profit (23 pips) after gbpnzd was giving some headache

London close trading system for currencies

cinco, five, fünfe

London close trading system for currencies

don't need anything chemical anymore. I studied signal data processing, that already spoiled me ;-)

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My personal "feeling", watching fibo and boxes: that (1.12588) was the low for the next hours. image

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Better than watching a movie... until 2 minutes before candle close it was stuck to the 61.8. Then within two minutes went down to the open from candle yesterday at 01:00 GMT image **********EDIT********** two new interesting lines: 1.12582 1.12468

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My H4 fibo says 1.12714 for next fibo level (short) 61.8% *****edit******* it is interesting to see "live", how the H4 candle is fighting with the 50% level 1.12858 image

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A scenario that hopefully continues until the US elections... nothing better than a ranging market within defined levels (tautologous, I know) At least for me and my grid trading strategy

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Corfirmed by my shitty fibo channel 50% would be around 1.12853 image

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but you understand the words "quick and dirty"? It's a hint for Obaforex to dive deeper into the wonderful world of fibo channel projection... I personally have another fibo-channel for H4 at the moment, as you might see in some of my previous ...

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