The success of these trades might be at least partly attributable to the "Wrong Side of the Eight-hour Baseline" strategy.
Based on the above theory, there should be better than average odds that, 24 hours from now, EURGBP will be lower than where it is presently located. So, let me test it and see if it turns out to be true...
(That zigzagging measure probably approximates the one-hour price range envelope at 0.25% deviation.)
In fact, I'm taking this a step further and testing an approach based on the trajectory of the eight-hour price range.
The Euro-Pound opted to head north for a little while, but then changed its mind and came back down...
I don't really see much else to consider here. So, my focus now is simply going to be polishing my interpretation skills with respect to the use of what I view on my charts to forecast where I think price is most likely to find itself in the not-too-distant future.
This has done much to explain and make sense out of price action, better than previously and to a surprising degree. These are observations and insights that shall remain in my private notes, and might very well constitute the "final" touches to the NPP system (if anything is ever final).