Remember that when I was calling for 2500s, YOUR EXPERTS were calling for 2200s!! This is not close, ok?! Don't pretend that didn't happen! So now what do YOUR EXPERTS (legitimate trained professionals) think now? What's on their mind? Please don't answer this rhetorical question BECAUSE I DON'T GIVE TWO F'S what they think and WHY NOT? BECAUSE THEY CANNOT...
This draft continues directly from DRAFT 7D notes, wrapped up before Sunday open. 1) bitcoin's response is enough for ORANGE MAN's route to be the favorite 2) but without knowing what happens in first 90-180 minutes after open 3) I can't say that orange is a heavy favorite over yellow 4) especially when yellow was 75% vs. field before Trump assassination...
Continuing directly from 7C, next up for gold is new all time high with 60-75 point rug pull. Here are notes: 1) price closed aftermarket 2410 2) in chart above, oval again is retrace/strong buy area BUT there are two routes 3) they are basically the same but blue has a 16-24 hour delay 4) in the opinion of my BFS trend engine.. 5) yellow route is favored 3:1...
So here's updated situation before NEW ALL TIME HIGHS: 1) strong buy ellipse is 2396-2403 2) price is 2401.xx as I type 3) if price is an object, it should follow blue route 4) if price is a derivative of human emotion, in a other words, a polycentric subject 5) it should follow yellow route 6) so are bears about to extinct? >>> a) I don't know about...
This continues directly from 7A. This coming week, I wipe out entire populations of bears. Big bears, small bears, wannabe bears. I'm going to kill em all. 1) it looks like we get to 2450 on Friday 2) odds are 60/40+ at time of publishing which is after 4 AM ET 3) on Thursday 7/11 4) this time I really like yellow route 5) BUT IT DOESN'T HAVE TO DO YELLOW...
Continuing from DRAFT 6H, after much thought, I have chosen MUCH MORE USEFUL AND COST-EFFECTIVE MODEL going forward. 1) this gives you what I know for sure 2) but without hamstringing forecasts with historical examples 3) and should I ever have a "really good trend map with hi-lights" 4) I can always add it as a subsection 5) will add notes soon
Just buy and hold, except reposition at 2450 if you are up and looking 1) I can't figure this one out 2) what happens after retrace from 2520 to 2450 3) what then? 4) no idea, just exit 2510 and wait a week or 10 days 5) should be obvious then
Remember that at 2320s-2330s, I said that your "experts" will STEP OUT AND BOLDLY CALL FOR 2400 ONLY AFTER 2385. I said this again before NFP but moved the marker to 2395. Friday, during the NFP swings, I stated the day's high should be 2392. Sure enough, we tagged 2392.xx and closed 91.xx. And FINALLY, did your experts "confirm" 2400 for you over the weekend?...
Did I not say your experts would change their mind? I have not seen this personally, just overheard this from people here and there. I also said that I don't care who they are SO OF COURSE I DON'T CARE IF THEY CHANGE THEIR MIND OR NOT, and why? Because price is easy if you are going to avoid giving dates with it. I read this article one time, this guy was...
Today's response to 2353 (which was a push to 2364 and held for some time) means the price curve needs to be adjusted for the move to 2405. 1) first, I am on vacation 2) I DID NOT DETAIL THE LOOK OF THIS MOVE 3) I just know that that we go to 2385 on Thursday 4) and 2405 after NFP or Friday 5) this means NEXT WEEK we do 2500 6) and if you are bearish or a bear...
I was looking at this wrong. IT DOESN'T HAVE TO LAUNCH AFTER NFP, bc it's not a rule! 1) I'm on vaca 2) will add notes with time 3) but GET LONG, STAY LONG, LEVERAGE LONG 4) what will their damn experts say now? 5) I don't know 6) I don't really give 2 fs 7) it it doesn't make me any dough entertaining idiots 8) LFG!!!!!!
We are in too much compression now. So once it gives, it won't hold previous compression pattern. While this is not the most complete draft, it's way better than last one. 1) the biggest concern right now is the two arrows 2) they represent short term trend crossover 3) that forces short term mean reversion 4) as opposed to long term mean reversion 5) long...
We are in vol compression. It's going to be a slow sideways to up week. 1) can this be any more late? 2) in theory, four more days of compression 3) means price has no choice but to go up 4) I have no doubt now that this 2750 high lands 8/07 or 8/16 5) I am going to Chicago 6) see you next Monday
Continuing from previous notes in DRAFT 5D, people over here really do take their holidays seriously. The only one time that a massive rally started July 4th is 2011 all time high rally. Price ran up 28.5 % in 45 days STARTING ON 7/4. Do we have the technical data to say we can break the July 4th lull? I don't have any conviction that we do. New York markets...
This is last draft before 2500. This is because once at 2450, it's going to be 2500 soon after. I don't think this falls on 7/5, more like 7/8. But if it did, it would look like yellow route: 1) this drafts picks up immediately from previous notes 2) this is a really strong pattern for this week 3) that's it
Some one just turned on the 2-way vol in a big way. It's making the picture a bit cloudy. To sum it up: 1) still bullish AF! 2) but cautious we must be 3) IN GENERAL, there are 3 retraces coming 4) sizes are roughly 25/30, 50, and 60 5) the 60 rug pull seem very odd 6) but my read is right 7) what I read is based on my math 8) so if my math is wrong, you get...
There are varying methods to trading successfully. I am not here to debate WHAT YOU ARE GOOD AT. That's silly. But if you want to nail a big gold rally, we are about to catch fire here. If we nail this draft's route for FRI-SUN-MON-TUE, on WED 7/3, we going to catch lightning! This is 5B because DRAFT 5 committed to the rally pattern with courage and...
With total conviction in due diligence, I present you the first step in this rally, the move to 2540. Continuing from DRAFT 4, this move is cleaned up version of DRAFT 4, which is a late version of DRAFT 2. The details of "the call" are basically same as DRAFT 2, except for 7/15 high added to 2540. This is a difficult one addition, but apparently needed to...