Binary_Forecasting_Service

2360-2600-3300-5400, DRAFT 6-9, 2300 TOMORROW!

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious.

Details - For background , see previous work in links below to recent drafts. Otherwise, consider:
1) the news gonna say that Christopher Waller's speech
2) at 6 PM ET tonight
3) is "the reason why price moved 2185-2305"
4) Binary Forecasting Service's trend engine agrees to disagree
5) because if this hits like I think it's going to do
6) then who is the gullible one?
7) Waller's speech will actually drop price $25
8) but at or under 2190...
9) BFS trend engine suggests that you should leverage long
10) bc 2300 is coming by noon ET
11) will this be the call of the year?
12) NO!
14) and why?
15) first, I skipped 13 because I am not trying to jinx this
16) but because I intend to deliver a better call NEXT WEEK!
17) in chart above arrows are the reaction to 6PM ET Waller Speech
18) the four boxes are check downs anticipated for next 24 hours

Notes - Some one told me yesterday that this is too early because it was like 40 hours away at the time. Now it's only 20 hours.
Comment:
a) 7:58 PM ET 2190.93 and no swing to that speech
b) but it's not really weaker and why?
c) replay chart at top, in this situation specifically the averages are the same
d) so the pace is the same if just a tad weaker
e) the question is now since it did not spike, should it retrace to 82?
f) in theory no, but that's in theory only, we will see
g) in practice it's 89.44 as I type and that's annoying
Comment:
Trade closed: stop reached:
Comment:
8:37 PM ET: one more step:
Comment:
Comment:
Trade active:
9:14 PM ET: That "trade close" message earlier was an error. I didn't mean to do that.
Comment:
9:29 PM, THERE'S ONE SCENARIO I HAVEN'T CONSIDERED
a) which is the top at 2262-2263 tomorrow
b) which is a strange number to top at...
c) but if we do, I'll get to it afterwards but let's do the move we have ifrst
Comment:
9:54 PM ET 2190.XX, so that 2-min bar chart earlier when I said it will catch up by 6 AM ET..
a) it's going to move a few hours quicker...
b) trying to catch up by 3 AM
Comment:
c) a few minutes later...
d) so we are going to 2225 next and should catch by AM ET 6 hours out
e) it's going to staircase up in position
f) this will take like 4 hours
g) that's it
Comment:
10:27 PM ET 2194.XX good first stp
a) now need to get past 97 and check down
b) the faster that completes the faster it will move
c) 95.xx now, just watcth it after 97, it could be reconnecting hard
Comment:
d) continuing at 10:42 PM play chart above
e) now it's time to correct for the first box's weakness
f) I think it should be obvious by 1 AM
g) watch for the first part of the move to see if it "checks 2197 after passing the first time
h) bc if it does, then once at 2225, it's not obvious that it will check to 2197
i) this you need to be aware of for the rally after 2225
Comment:
j) 11:36 PM ET 96.XX, looks like 2210 and stall, checks 2197 then 2228'
Comment:
12:28 AM ET 2195.84, all ready, just waiting for the move up
a) 2210
b) then check to 2197?
c) not sure
d) but after that is 2225
e) check again
f) then 2248
g) check again
h) get there first and the we'll worry about 2272
Comment:
1:57 AM ET 2198.XX past 97, should move a lot today
a) odds highly favor 2272 getting hit
b) not sure have time or momentum to get past that today
c) will know before NY OPEN
Comment:
2:20 AM ET 2196.xx after touching 2200 and checking to 2194 the next break of 2200 is going to fly.
Comment:
3:13 AM 2195.31,a trend setup that cannot get more perfect
a) and it's not moving
b) it has started moving past the point of perfection
c) you have to becare ful here bc I don't know what that means
d) it's been due to spike hard but it's not spiking
Comment:
e) and we just reached the most bearish time of the day 3:00 AM ET
f) when bears of the UK show up
g) if you long here put in tight stop
h) it's 2196 so 2193 is good enough
Comment:
3:25 AM 2194.XX I'M OUT, THIS POST IS DEAD
a) something is wrong, ...
b) and that means 2178 can come very soon
Comment:
Comment:
a) for chart above, bears have the ball now
b) they will attempt to break trend line again and push for 2178
c) bulls reaction at this level determine if they can still move up
d) in my opinion a move to 2178-2180 does not damage the setup
e) if bulls CLOSE 2200+ AFTER THE COMING CHECK TO 2180-ISH
Comment:
Comment:
a) my guess is they will break the line
b) but only make it to 2180-2182
c) and bulls how up to close this 2205
Comment:
d) 4:12 AM ... if bulls are legit
e) they hold 2186 and fight back this attempt by the LBMA to cap new all time highs
Comment:
4:30 bulls holding 2194 right now ...
a) this means swing up hard...
b) how hard?
c) not sure
Comment:
6:01, Still going up but without the furious setup
a) but still enough momentum to close at 2220-ish
b) maybe even close new all time high
c) but I don't see anything spectacular, maybe Sunday night
Comment:
10:21: play chart at top
a) see the rhythm?
b) it got a twist put in... which means same direction, but unspectacular
c) so now, it will go up more by midnight Sunday night
d) but there is ceiling in the 2230s-2240s (it's 2207 now) that's obvious price can take out
e) having lost the momentum of a furious move up
Comment:
f) so end of story, a dumb story too
Comment:
g) BUT! odds of making ceiling by 11 PM ET ON SUNDAY IS PRETTY STRONG
h) so there's that to make up for it
Comment:
I) and decent chance of a break of 2222 this after noon
Comment:
10:54, AM 2214.XX good chance of 2234-2037 this afternoon
a) since it's all time high territory...
b) extra 10 pts runaway is normal
c) so 2245 realistic target
Comment:
d) I know it's not 2300, but from 2194 when I posted it....
e) still 50 pts banger
Comment:
f) 22:02 AM ET 2214, odds of hitting 2234-2237 in 90 minutes not terrible
Comment:
Comment:
11:09 AM, odds of hitting 2248-2252 after 2235 really good
a) not obvious it can hit past 2252 with only a few hours left to Thursday
b) bc I don't futures are open tonight at at all
Comment:
c) 2264 is doable if gold is up to it.... 7 hours left so... that's a lot in this situation
d) it's not "favored" in my opinion bc of that twist and loss of momentum
e) but we are at a retest of all time highs, so within resason
Comment:
11:49 AM ET the small spike formation is ready
a) don't know if it will take it
b) but - after 2222 - I seev2233 and 2244
c) with 2263 possible but up to 45 minute in after market
Comment:
12:18 PM ET 2215.XX and still aiming for 2264 between 2:30 PM AND 4:00 PM (NY CLOSE):
Comment:
a) but the problem is we are hitting "perfect" setup again
b) price has to move
c) if it doesn't move up, it will quit
d) there's a clock it has to move to break 2223 new all time high
e) if it doesn't meet that curve, it will turn down and wait for Sunday night
Comment:
Comment:
12:26 PM ET AT 2219.XX the magic number is 2223!
Comment:
12:35. 2222.xx, not good enough.. MORE!!!
Comment:
12:43 PM, 2224.XX, IT'S A SHAM IF WE CAN'T DO 2233 AND 2244!
Comment:
12:57 PM, 2220.XX becareful here
a) odds favor 2040 first
b) but odds change all time
Comment:
1:02 PM CHECKED TO 2219, NOW 2221.48, but we can still do 2246, COM'ON!!!
Comment:
a) if you play chart at top...
b) it took same shape but a lot weaker
c) but the top should be same area
d) meaning time running out...
e) gotta move or its over
Comment:
1:08 PM, 2222.XX yes... it may still do it!
Comment:
SORRY ABOUT THE TYPO --- I MEANT 2240 FIRST!!
Comment:
Comment:
a) for chart above, had the numbers fixed to the right numbers
b) it's still possible both of them
c) but make sure that increasing trend lines DO NOT BREAK LIKE THIS:
Comment:
Comment:
3:13 ITS GOT A SETUP TO 2246 THAT IS NOT EXPIRED.
1) can still hit in after market
2) not sure what happens at 2246
Comment:
4:32 PM ET 2219.XX sorry we didn't hit it again...
a) having a great setup does not mean you will have follow through
b) so how about 2320 by Tuesday?
c) about time we get something right...
Comment:
d) setup that good and can't close 2223
e) didn't hit 2233 even.. what a shame
f) have no fear, I got the route up and it's pretty much vertical
Comment:
g) hold on a minute, 2224 and still going in aftermarket with 15 min
Comment:
h) give me 2233 and 2244!
Comment:
5:50 PM ET, man I left so much money on the table today bc of my dad's knee surgery.
a) just got home from hospital
b) and it's also Good Friday tomorrow
c) first order of business is I don't know if futures are open tonight
d) from what I can see, they are not
e) but I am not sure bc the last 3 years have all been different also depending on where you are in the world
f) but bc of situation you have to understand strategy here:
1) it's in vertical mode
2) the next target after 2236 was hit in futures is now 2248
3) it should at least pause there before considering 2264
4) if it somehow gets to 2264, it should retrace
5) WHY? SHOULD IT RETRACE IF IT'S BULL MARKET VERTICAL?
6) that's exactly why... for us to take it serious
7) because if runaway to 2300, obvious rug pull that won't stop until at least 2222, if not more
8) and since I don't know what markets are open where ...
9) the strategy is obvious different based on where price is when it reopens
10) but if price reopens NOT GAP UP, it's obvious buy for 2248 and 2264
11) if it is GAP UP then it just depends where the gap is
12) I wish we had an extra hour today, it would've made things so much easier
13 but I already said this last night... that it might take all of today and then Sunday night
14) so that's it for notes
Comment:
15) 6:03 PM and only crypto is moving...
16) so Sunday night it is..
Comment:
17) remember what I said that its going to be one of the older draft that hits?
18) exhibit A: 6-8 with mirror image price on a curve:
19) still more accurate than 6-9!
Comment:
20) here's 6-7 (bet good money it will be on time by Monday):
Comment:
21) BUT THE IMPORTANT ONE IS 6-6!!! WHY? BC:
Comment:
a) for charts above, all of them 6-6, 6-7, and 6-8 hit better than 6-9
b) but 6-6 is important because it's on that curve now!
c) and skipping Good Friday it said that the next moves (after 2248, 2264) are...
d) 2300 check to 2250-ish THEN MOVE FOR 2400
e) so RIGHT THIS SECOND...
f) the evidence says it's 6-6 SHOULD BE the favorite
g) take that with some salt though ok?
h) because I thought about through and through...
i) you can say when it's LIKELY TO happen
j) but ultimately IT MOVES WHEN IT MOVES, and when it doesn't even under perfect situation...
k) there's no answer besides wait and try again
Comment:
6:22 PM ET, wanna know what hit better than 6-6? , well..... 6-5 and 6-4, here's 6-5:
Comment:
... and 6-4:
Comment:
6:39 PM ET, so... hold that thought bc I edited notes for typos
a) my latest trend maps says we have to go with 6-6 until we eliminate it
b) and that means after 2233:
1) 2248, 2262, 2300
2) big retrace
3) then move for 2400
4) if it stalls at 2248 and slows down
5) then it's going to do something like 6-5
6) but keep in mind the important part, and that is...
7) 2300 is not the ceiling for next 6 trading days (through Monday April 1st)
8) it's somewhere between 2350 and 2400
9) AND ...
10) between 2264 and 2400..
11) ODDS HIGHLY FAVOR A 100 pt+ retrace
12) so without going to too much detail ..
13) base case is, we confirm the FIRST big high 2245-2315 (somewhere in there)
14) we schedule 100+pts retrace
15) and then we move SECOND big high 2350-2400 (somewhere in there)
16) and all of this needs to be complete by Monday 04/01
17) possibly... ALSO INCLUDING THE MASSIVE 160 PT RUG PULL AFTER SECOND HIGH
18) personally, I don't care if it moves either direction, as long as it MOVES A LOT...
19) and we are entering a very HIGH VOL 6 to maybe 9 trading sessions
20) that's the end of 6-9, will post 6-10 next when it's ready
Comment:
7:30 PM NOT APRIL 1ST... I MEANT MONDAY APRIL 8TH...
a) so all of next week
b) and the following Sunday/Monday
c) so 03/31-04/08
Comment:
Thursday, March 28th, THIS IS SO IMPORTANT!
a) first this post has ended
b) I have determined that it is going to be a version of DRAFT 6-6
c) to get every one on the same page before I have something new out
d) and also because TradingView bar count regulation wont update until Sunday
e) we will move back to DRAFT 6-6:
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.