A lot of head and shoulders sellers around, with stops 1511. Meanwhile, I want to test transitional fibs ( Transition and Fib combination ) There are way more rules for that, but let's take the simple one, we should not hit the 38.2 to reach 61.8. So Let's take 61.8 as the first target and 38.2 for the SL. GO
Nothing has changed based on the previous idea other than small nuances to look for. Like stated Phase to Phase, timing is completely Gone. I want to see Gold without touching 38.2 of the lower phase slowly go up, that would lead us to 61.8% higher ( you know the rules ) Watch the behavior, If we get slow climbing up, definitely expect a sharp move down, I think...
In the last idea: I thought that it is ready to go, but then noticed 1524 which I notified you in the updates, Reached and dropped but not far. That was a break-even trade. BUT because of that 24 and because of the transition cycling ( you see what happens when there is the cycling in my previous ideas ) it gave a buy bias. But the concern is timing. Transitions...
You know what to do! Other than that, analyzing my charts, man I'm losing money on everything else except Gold and Silver. I have been a well known Gold trader on this site and maybe should stay one, I guess I don't want to see something important when it comes to tweaking the transitions for other instruments properly. This Gold setup should be like...
Those who were in the group if by any chance you read it since the group is deleted, see BTC coming down. And most probably will continue till we break the LOW for the next move up. Nothing crazy n Fancy. Good Luck
One of those simple ones. Can't get better. Now shut up and go place an order.
Have one day free and wanted to post this. I want to be one of those _ I called the bottom / Top of ( put whatever here ) guy. If you are following extensions, the timing behavior of the 3rd phase is over. I think gold will tag the 1522 FC level with its 1526 extension and that could be the last move of the dreamy and glorious " I believe I can fly " story for...
Another Transition cycling spotted. This time could be the one before the way bigger move up than previously. Example: Same goes for Silver. Place your entry above the tops. Monitor them. If you get tagged and within 2-3 hours it is not moving ( Gold n Silver ) take off the position. Had to make this update. If it doesn't go and drop, fine, you're not in the...
Okay, guys. So far Gold was very good, only the last trade setup gave a little headache with a 10$ higher move, giving a pretty decent GoseBumps because of a heavy position which is not right. No matter what system or holy grail you have, the market will move out of frames because it has none. What now? Timing... Since Gold exceeded 1464 and its extension 1468...
I posted about EUR/NZD already. Imagine 4k USD just by selling measly 0.5 standard lots. What if you sell more, or add more on the way down? EURNZD is to hit previous lows located at 1.62000 and maybe even lower. Jump in now and place stops above this High, Monthly transition has to provide the reversal, look for a sharp move down and add on...
Okay, in the previous idea I was willing to see a drop close to 1430 before up because it was signaling a buy, but it stopped on around the extension level 1439 and went up! But transitions ( the sub ones ) have timing rules. Timing rules are broken. That means there is a possibility that this sell we are taking will not be the one going. I posted in the update...
A little update for EUR/USD for those trading it. No doubt the big transitions are pointing down and EUR will find it's way down to 1.04xx previous lows. But there are temporary target's ( possible ) Target's here: drive.google.com Once first is reached EUR has to break DC cycle for upper transitions, as well we have the 20 break / 28 fail on the lower 606...
I am on the go guys. But I have opened a sell at 1438.66. We have nonfarm payroll coming. I will get back home and write an explanation of why I did it. Let's see! Posting from Mobile.
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...
Okay, guys, Last 4 posted Transition Test charts: DXY, perfect. UJ, although rules were invalidated by the way how it tagged sub transitions, it went spot on tag the target. That means I have to tweak the formula but the result is okay. GOLD, Perfect. GBP/USD - False as it went up so sub transition calculations to see the extensions are wrong at a certain...
Testing reconstructed Transition Formula on DXY
Use an Entry above 1433 to take a sell. This is 83 pip length transitions aka Intraday, so if sell works, take the money and wish it's going down more. Other stuff: