If you want to stick to your channel, then this would be a good example of a fibo channel projection. Quick and dirty something like this: image Already passed TP1. TP2 would be around 1.13938

EURUSD only

come on guys, a little bit more AI please... image By the way, the red line I already put a loooong time ago to mark a possible resistance. Bingo. "Surprisingly" almost exactly the 161.8% line.

EURUSD only

nada?

London close trading system for currencies

Remember my post from this morning (before I went to work...). url Impressing, that a) this H4 candle bumped off the upper fibo-channel because b) the fibo levels are still valid: image

EURUSD only

Beautiful... next stop 1.13026 That should mark today's high to oscillate between 1.12400 image

EURUSD only

Double frequency would have nailed it. But as I wrote before, a steady frequency a) would be too easy b) cannot be seen. If the weather was not that nice, I would try a frequency demodulation. Looks like at least two frequencies are overlapping.

Planetary Cycles Trading (EUR/USD)

Not bad... any prediction for the coming week, with your method? I still follow the idea of an FM, "just" the Amplitude would be the question. But for that we have fibo ;-)

Planetary Cycles Trading (EUR/USD)

It did not close yet, but it was interesting to see that the first three hours it was oscillating exactly !!! between 61.8 and 50. After LC it started to break above 50. A sign for the bulls? image #############EDIT############### Not very ...

EURUSD only

confirmed

London close trading system for currencies

or like this: image

EURUSD only

Artificial intelligence? Today's high was already "planned" by the Monday/Tuesday-London box... and if you take a look at all the candles you can see as well, that they follow simple rules hidden in some antique COBOL programs. KISS for professional ...

EURUSD only

Fibo is alife (and kicking) The limits of my actual H4 fibo had been defined by the last 14 bars (appr. 2 days). The value of the 161.8 line has already been touched exactly on June 16th and June 23rd. Coincidence? Or a fibo-conspiracy theory? Or ...

EURUSD only

That's my H1 23.6 fibo. Looks like it is stuck there. All powder shot for today...

EURUSD only

A view like this one? Let's wait for the end of the day... image

EURUSD only

Yes, the squirrel method. But I have other accounts with longterm strategies as well...

EURUSD only

I love it when a plan comes together image image

EURUSD only

As expected the H1 fibo channel was broken (no trend continuation) and the channel changed direction downwards. image *************EDIT************* on H4 still in a sidewards channel

EURUSD only

Today's level to watch for: image

EURUSD only

This just underlines my (personal) impression, that algorithms are stronger than news ;-) So often we encounter news and the pair is doing the opposite of what it should do according to expectation. Or just spikes around only to come back to ...

EURUSD only

I used the one from yesterday for this forecast. Now I have a new fibo with the low from Frankfurt Open and the high from yesterday.

EURUSD only