Short

Updated

XUAUSD Next Stop 1905-1900 pls put trays in the upright position

Yes these lines might cause you seizures do not look at them if you have or a family member has experienced or has a history of having them. I am going to post two charts one is something I just made. so simple. and another is my indicator. both say market wants to dump to 1900ish-1905. this chart a signal when the market basically burps or farts....lol sorry but you aren't suppose to see it. I see it because I made my indicator with my own formulas. I use that symbol's candle that it is referencing and I can draw channels leading from it above and below price action using other price action. This shows me where price will go if it breaks out one way or the other.

The other chart is an instant direction indicator which right now on a 15 min chart is showing both lines pointing down. the stronger the trend the straighter the lines and the closer together they are. you can switch down to a 1 min and see what the instant is.... if the red line is on top while moving up its a weak move... probably ignore that move. When green is on top its got alot more momentum to it. I normally add to my position when the red is on top and moving up. When it switches I start closing positions.

Right now the market isnt running full steam but when it is there chart I am using is set to move against gold when the market is running up or down. depending on different metrics. Its kind of smart. Once I get it dialed in It should tell me where gold will be headed to. There is a .30 cent difference in price between the two with the market closed. I can imagine on really huge volume days this can have a massive divergence and push this.

Thanks for taking the time to read. I love messing around with new things and this was fun.
Please Like, follow and of course boost...as its free. And it shows me that you appreciate or want to see more of this.
by iCantw84it
09.25.23

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actually 1912.34 would be a viable stopping point if you see a strong reverse here this would be solid.. ill post if I see soemthing first.

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1912.12 is where two paths cross

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Added another position

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potential profits are:
$110
$91
$50
$10
$-9

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Target potential: 177 pts

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thats $885 from here if it can maintain this move down

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If you jumped in when I posted this you would be $100 on 1 contract to the good. Thats worth a boost dont you think? o.0

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not counting the emotional candle just now

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this move is strong look how the red is on touching the other line

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maybe over if this closes on or over this....

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hang tight

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still cliff hanging like sylvester stallon

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still hanging I have a im stupid i should have closed this 1 line ago line.. but watch hang on

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What can i Say I'm a dual pistoleer!

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You guys are stingy with the boosts! what would you like me to do? I already called the move, stopped the close to the move up.... back to profits on the move down. and did it with dictating every part of the move in annotations. Would it help If I said I was cooking and dancing at the same time?

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I get it you closed your position didnt you? I feel you I wouldnt want to tip a wizard for shooting lightning out of his fingers into the air and striking down a flying dragon.
o.0

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Increased buying int his area.

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Thank you whom ever Boosted you are a true boss!

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Because they boosted check this out.
with the Volume

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theres more if you keep boosting I will keep digging deeper

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Whoa you guys are hungry don't worry I have big spoons lets get into this.
here is some more on the vol and distance.

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and another close prevented

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Check this out... I was wondering why it stopped short and found this

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Feel free to ask my questions about this stock or anything I am doing
a

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Thank you for all the boost I will pick some things to talk about but if you boost pls ask me anything

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ease of movement ? new higher lows but no higher highs? yet

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Explaining the lines and the symbols above price

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When White is above Price action it causes pressure to push down. When it touches price it causes pressure to push down. If it comes up from the bottom and crosses price action to go above. I call that the Death Cross. Price Dumps!

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Death Cross
Started this move down

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More vol comparisons

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If you will look at the two candles you can see that they didn't break the high of the one candle. Bearish

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Added one

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Watch out this thing might sling shot here

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Channel the indicator and watch for over bought or sold conditions on the fly

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Breaks out over if it hasnt found support it will most likely dump to find support and if it fails it dumps to continue move.

If it drops low it will move tot he top of channel and manipulate the high could also be a move to break out.

Same with Manipulating the high first. It will dump to manipulate the low or break out of channel and dump to next channel

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Want this to reverse? Here's how we will know it has. Atleast one Part. there are about 5-10 different ways using this one indicator.

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More Reverse Signals

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different variation of the momentum indicator

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first version of momentum indicator...

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At this point we are about 150 pts, although a lot slower to get these last 50 points. That would be another $50 bucks on 1 contract. Now if you have been adding we should be at .....

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Potential profits from adds:
$180
$160
$124
$65
$84
$-20
Its moving lol and yea I got in too late on that big push down.
thats $627 from what was $250 on last update to profits. Thats worth a few more Boosts I think lol

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You's all are Great Thanks. Someone ask me about something on here. I can keep picking random things?

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Bullish moves in motion... dont lose profits... watch close

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Bearish still for me

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1 Min Bearish flags

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Looking more and more like it will make a stand here... this is a 3 min chart. moving toa 5 min next

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this is interesting. Makes me think after these reds there will be more green trying to test upside vol and distance.. or demand and ease of movement.

So far half the vol took 5 candles to get half way. not truly easy going up. but Vol is on par.

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here are some potential ways this move can play out.

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Another thing to keep in mind is the whole point of moving down is to find buyers that will hold on to shares longer. This whole time the vol has been diminishing. Meaning there are stronger hands holding these shares.

Proof: There is less shares to trade each time or time period. Which is why the movement has been so much slower.
We are hitting Absorption.

Every good ansorption will have whats called a red push or in this case a green push up that will cause people to drop shares and take profit etc. this will flood the float and dilute the value causing price to drop again. unless there is a massive demand spike at this level that starts staking buyers greater than sellers.

at that point this will launch.

most likely not going to happen until 8am -9am-10am eastern time.
All this is the ground work to set up a run .

That said. if that is true then this move is to drive this deeper in the dirt and free up shares because its become so slow. its no longer cost efficient to get it to the price we need to get to where the pocket of deep pocket buyers are waiting.
My best guess is either 1912 or 1900 which is the whole purpose of this trade.

Either I am right or We just missed alot of profits lol

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15 min time frame has all the lines pointed up but they arent together, nor are they below price action. This isnt ready. This is a 90% move back to the start to shake out shorts and any buyers who want to ride this up and to trap fomo buyers as it goes up. if it was the real deal... it would be moving a lot faster. if you notice all the candles are really small. only the last 3 candles are of size. thats fomo but fomo with this draw down and if it was absorbed with Demand Spiking it would be really large candles

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committed to the upside candles for reference

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added to my position

also showing what happens once it breaks the channel.

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Something to watch out for... this could have issues breaking the middle of the channel if that happens and it makes a move back to the top... two things can happen.
1. it will attempt to break and succeed if it does it needs to find support.
2.it fails and falls under the mid and test the bottom or more than likely drops below channel where it will attempt the same test as the high.

if it fails it will continue to my price target.

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Going to add another if it clears the low of these two candles

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Flags re-emerging on the 5 min timeframe

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Add position update

will most likely take profit on 1 or 2 once we clear the bottom of this move again. and then when we clear the bottom of the previous move.

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*** Future self*** When speed drops to .011 on the 5 min for any given length of time like over 30 mins to an hour..... Look at taking profits and potentially riding this up or just taking profits on most of my positions so I can reload and double my profit

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Bearish

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we are close.... I think this deserves another Boost... lol

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If I am right 2:30 is the close to one of the europe Markets or somewhere over there past it.. lol
so we should see some activity here coming in

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I would get in close here.. its so close it can turn

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either we are moving under these lines again or we are about to launch

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Come on wheres the boosts don't make me start making anaolgies about wizards and dragons again.... $909 at this point.. could have doubled that but its ok... this was a learning experience for everyone including me. thanks for joining me. I appreciate the follows and likes and boosts!

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Thanks Zak you are true boss! just for that the price is going to drop more for you. lol

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At this point I am looking for an emotional candle that desimates everything else on screen or atleast over the last 17 to 31 candles.

This will be the sellers climax and this i will be the Change of character that sets up the reverse or continuation of this move.

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Sorry slow on getting to this because its so LONG the post. lol

Less vol on last red compared to the two green

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Ladies and Gentlemen with this we Cracked into 1912's Still doubt we are going to at least 1912.04 ish....??? Fomo will kick in if it keeps dropping which means free ride down
here we go

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Nope not enough

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$ 1500 right here
nope
$1600
nope
there it is emotional drop fomo
$1750

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1.1k vol this is the candle we are at 1911.95 took $300 off table
$1500 left might take another soon

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By the way We made it to 1912 now is this the end of this move or are we going to 1900 like I first said? Vote in chat pls.

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More Boost pls lol I think I earned it. $2k move here if you have been with me from the start,,, could have been if I got out and rode it down again.

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Flags!

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Back under the lines going to be hell getting back over.... At least I hope lol

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See most people get excited about the cash....no not me.... I love it dont get me wrong.... whats better than the cash?

Being Right!
lol it can be a curse and it can be a blessing. I have been working on being ok with being wrong. and that has helped my trading a lot.

Thanks again to everyone whos been with me this whole time. I think this trade is just starting.

Im back to $1700. might take one

iCantw84it

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iCantw84it

Also on:

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XAUUSD 3rd trade today headed to 1923.50

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