Long

GOLD / Dialed in

Updated

I cannot resist posting this setup for you guys, although I am running out of time.
This is similar to what I have here:

I love this one. And now with new month transitions, I have another again.
I think I figured out the missing piece of the puzzle in the formula to re-new the transitions completely.
If it is the truth, then I need my good old interpreter to wrap the code up and Boom.
You can read more here:

But I want to see fails to help me to figure out missing sub transition numbers.
I have my buy entries ready at 1400 - 1399 and 1395 in case. If this doesn't fail, then officially I have figured out the new transition behavior change!
The move that is highlighted should be expected upwards, same length same speed.

Get the impulse death levels and template reference points here:

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Don't jump in yet. It needs to break 1399.. even a tick below it.. something like a spike. I am not tagged in yet, waiting.

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Little damn Son of a (censored) is trying to mess up the party?

Take a look at this, guys: (link is visible only to registered users)

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Have to be honest. Even if you pick the right direction it feels worse not to be in there ( missing 50 cent move to be tagged ) than actually losing a trade. LOL
Some numbers in my calculus are not correct, because it retraced earlier but had to make a minimum 50 cent more. Hmmm
Have to monitor 83 pip length transitions to catch the entry, but nothing is clear yet, because if you took the levels I gave you, you see 1417.3.

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Weeee

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I figured out:
{
MainTrans = 1410.10
Trans23_6 = 1389.60 + 22 * 23.6 / 100.0
Trans38_2 = 1452.10 + 0000.90 * 38.2 / 100.0
Trans50 = 1414.30 + 12 * 50.0 / 100.0
Trans61_8 = 1440.90 + 4 * 61.8 / 100.0
Trans78_6 = 1399.60 + 14,4 * 78.6 / 100.0
Trans100 = 1400.30 + 10 * 100.0 / 100.0
Trans123_6 = 1389.90 + 10.9 * 123.6 / 100.0;
Trans138_2 = 1391.80 + 33 * 138.2 / 100.0;
Trans150 = 1401.20 + 9 * 150.0 / 100.0;
Trans161_8 = 1469.10 + 40 * 161.8 / 100.0;
Trans223_6 = 1450.10 + 90 * 223.6 / 100.0;
Trans261_8 = 1550.30 - 216 + 33 * 261.8 / 100.0;
}
if (Pass != 0000.59)

Damn, in the 4th block it should have been 1438.15 instead of 1440.90 Then it would be perfect.
That is the only sub transition I got wrong, then I would not miss the entry, but in general, as you can see the power of good old transitions.

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And yes of course if ( Pass != 0000.83 instead of 0000.59

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I gave you the impulse death levels in previous idea and rules..
Offf this is not good for the bulls.
prnt.sc/on55of

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Need to stay above extension!
Going 4.2$ below 1435 is not ok.

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This 1439 extension will decide the gold destiny for the next move. I need to see on which side the close is so from that point I can calculate 83 length transitions for next session.

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From experience point working with transition behavior, I would tell we will take out the previous High 1452 and then we would see the sell options. Because usually length of 0000.83 transitions extends based on 4.2$ extensions. Let's see. If we stay above extension and correct here for a little, then we could go for a buy with Asian guys during the night, and place SL just below the extension.

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Close attention to 1446 boys! VERY close. Monthly Transition right there.!

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No clear picture, no need to make new setup. Let's wait, I do think we will go and break 1452, if no then we will sell once we break down the extension!

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soundcloud.com/blakeskowron/sunday-1?in=blakeskowron/sets/lost
Calculating transitions. I have 3 of them and 5 sub transitions. Any 20 pip break and 28 fail afterward will give the direction!

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If you are eager to open a trade, go and test your chances on the extension with a 2$ stop. 1439.20 would be your approx entry and 1437 would be your stop. Don't put a lot of confidence in it though. Any buy here is short term.

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As an adventurist, I am tagged in at 1439.2, but I don't like it at all! Be very skeptic with this if you have it too.

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Nah, closed it for 2$ profit. This is not the bounce you expect from sub transition

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And glad that I did close it. These extensions and subs have to provide a decent 4-6$ bounce.

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I think we know what is coming! Let me prepare the chart.

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The direction is clear but entry is not yet. I have prepared the chart and will post if the setup is not changed. 2 confirmations needed. Good Night.

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The deal is. If we do not tag the 1453 transition but go down first. It smells very heavy for a buy a massive impulse which can even tag 1495 monthly transition and breach 15xx$
I have seen this behavior on 505 pip transitions. Whatever happens I def want to be in for that event. Let's see, transitions will give the direction. If we do go up and break 1452, that could be another story

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With that in mind, I am almost sure we need a leg down. The question is how big that leg will be. If the down leg is coming now without breaking hitting the 1453 transition my call it will be the last leg down before the move.
If we do tag 53 and maybe even the upper extensions, then a bloodbath is welcome.

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wasup

TheZabisyu

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