Introduction - I am setting up for 16-20 hours per day continuous gold forecasting. I MAY have the demand to start this now, I am not totally sure. I'll find out in a day or two. Let me be clear, if there was ever a time to trade gold, THIS IS OBVIOUSLY THAT TIME.
Details - In chart above, this is a slightly modified route vs most recent route from DRAFT 12's FINAL BINARY THESIS, which this morning made bear route to 6/12 out right favorite with the break under 2300. If you've followed me regularly, I've made it clear that strong forecasting requires around the clock update to anticipate global price swings due to the forex three session system. This allows us to stay one step ahead of price action for majority of the time. I think I have enough demand to make this a reality now, but I am not very sure. So if this is what you'd like to have at $100 a month, send me a message (IF YOU HAVEN'T YET) or post it in the comments so I can track the demand. Right this second, it's still just a list of people interested. Thank you.
Details - In chart above, this is a slightly modified route vs most recent route from DRAFT 12's FINAL BINARY THESIS, which this morning made bear route to 6/12 out right favorite with the break under 2300. If you've followed me regularly, I've made it clear that strong forecasting requires around the clock update to anticipate global price swings due to the forex three session system. This allows us to stay one step ahead of price action for majority of the time. I think I have enough demand to make this a reality now, but I am not very sure. So if this is what you'd like to have at $100 a month, send me a message (IF YOU HAVEN'T YET) or post it in the comments so I can track the demand. Right this second, it's still just a list of people interested. Thank you.
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f) as long as lower skinny line does not breakg) odds would favored 2280-ish first before sideways to form FOMC 40-pt spike
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h) or basically blue route in the "mini-binary"i) these things are called binary because they do reveal their route UNTIL THEY DO
j) for DRAFT 12, it was last night
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a) in chart aboveb) so expectations are sideways London with higher 2-way vol between 9 and 11 PM ET
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c) but for RIGHT NOW at 4:48 PM and 2286.xx, 2-way vol limits is really high for next 12 minutesd) range is 2272-2300, odds favor 2272 first
e) this is just swing momentum in a very specific moment of the day
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f) 5:00 I don't know what to make of the the close just nowg) there's no value here, only some annoying unresolved short term vol
h) no change to plans, sideways to NY and long tomorrow
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a) I need one confirmation it's workingb) so I can setup a page from TradingView
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c) ok it looks like the link doesn't work, so I am working on that right nowNote
d) once I iron this out, I'll post it againNote
7:18 PM ET, 91.36, if you are long here, tighten up the stopa) why? because the trend setup calls for 2300 minimum
b) this setup should not slow down for long
c) it's already taking a bit too long already in my opinion
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7:38 PM, gotta run, one more thing to iron out before I'm back with the link.Note
1) in chart above, so 2278-ish should be next2) then, sideways to NY open
3) 8:15 AM ET is ADP release along with ISM manufacturing at 10:00
4) RIGHT NOW, I see price at 2325 BEFORE FOMC at 2:00 PM ET
5) WHICH MEANS FOMC IS SMACK DOWN, NOT SPIKE UP
6) that's base case
7) scenario two is ADP forces a double bottom (gray)
8) so then FOMC spike up to 2323, it's hard to see past this much now
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9) and by that I mean hard to see this higher than 2323-25Note
2:09 PM ET DURING FOMCPLEASE DO NOT USE THIS CHART AND THIS POST TO TRADE ANYMORE BECAUSE IT IS NOT UPDATED HAS EXPIRED.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.