PRS LIVE TESTING #2, #3 AND #4 TRADING GUIDE (THROUGH 7/6/20)
This derivative map was ran 4 times with revised methodology. There was a significant amount of effort and attention to detail entries, exits, and stop losses.
As always, I will update as often as I can.
As always, I will update as often as I can.
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QUESTION: Why bother with precise forecasting so far out?
ANSWER: To see if it could be done, and if so, do it. This is also one of the situations that is this method performs the best in. Revised methodology will change that factor, if anything make it more accurate.
ANSWER: To see if it could be done, and if so, do it. This is also one of the situations that is this method performs the best in. Revised methodology will change that factor, if anything make it more accurate.
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I will post all updates on this page.
Meanwhile if you want turn for turn derivative map, go here.
And intermediate and longer term forecasts:
Meanwhile if you want turn for turn derivative map, go here.
And intermediate and longer term forecasts:
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That last idea/chart has updates going out to December. Anything past 8/05 is just a rough guide, will get revisions closer and closer.
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Why can't we break 1780s tomorrow??
Well 1% off the 8 year high it's going to get sold just because. But here are the technicals.
Well 1% off the 8 year high it's going to get sold just because. But here are the technicals.
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AND WE ALL REMEMBER THE WEEK AFTER THAT.
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A GOOD QUESTION YOU MIGHT HAVE IS, WELL WHAT ABOUT ALL THE UNDERLYING TRENDS?? WELL WHAT ABOUT THEM. READ ON TO FIND OUT.
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WHY DO I USE LRC TO FORECAST INSTEAD OF MA? BC WHEN ALL THINGS FAIL, WHAT I FOUND TO INDICATE FUTURE DIRECTION THE BEST IS ALWAYS LRC. NOT VOLUME, NOT FUNDAMENTALS, NOT READING FED TEA LEAVES. FOR EXAMPLE JULY 2019.
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What I meant to say at the top is:
Sometimes you can call price only a day or two ahead bc it's in a transitional moment waiting for something "decisive", and that has not happened. But a lot of the times once a decisive moment happens, price action will act only in handful of manner and then still end up in the same area. So once the break out happens for #1, will usually follow to 2 and 3 and 4.
Vice versa, had it broke down at #1, you could say the same thing. but it would be a different set of 2 and 3 and 4.
This is further out, but should it truly goes this forecasted 2-3-4 route, then the next 11 days should lead to 1875, 1900 (even possible since I ran regressions again). BUT THE ROUTE (from 1800 to 1900) THERE I WOULD NOT TRY TO MAP OUT bc it's not beneficial to in that case as it's best to just hold a long thru 7/20 then try to trade wiggles.
Sometimes you can call price only a day or two ahead bc it's in a transitional moment waiting for something "decisive", and that has not happened. But a lot of the times once a decisive moment happens, price action will act only in handful of manner and then still end up in the same area. So once the break out happens for #1, will usually follow to 2 and 3 and 4.
Vice versa, had it broke down at #1, you could say the same thing. but it would be a different set of 2 and 3 and 4.
This is further out, but should it truly goes this forecasted 2-3-4 route, then the next 11 days should lead to 1875, 1900 (even possible since I ran regressions again). BUT THE ROUTE (from 1800 to 1900) THERE I WOULD NOT TRY TO MAP OUT bc it's not beneficial to in that case as it's best to just hold a long thru 7/20 then try to trade wiggles.
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THIS IDEA CLOSES 6/26 AT CLOSE. I'M PICKING UP SOMETHING ELSE.
END OF UPDATES.
END OF UPDATES.
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LAST NOTE THIS IDEA CLOSES IMMEDIATELY.
IN ORDER TO PLAN PRS #3 CORRECTLY.
IN ORDER TO PLAN PRS #3 CORRECTLY.
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MONDAY 6/22 6:30 PM
PLEAS GO HERE FOR CHANGE OF PLANS
PLEAS GO HERE FOR CHANGE OF PLANS
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**** I CLOSED THAT ONE 12 HOURS LATER ****
GO HERE INSTEAD:
GO HERE INSTEAD:
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As of 10:34 AM Wednesday 6/25. This trading guide has gained a 53-47 edge vs the previous idea postd (that says TRADE OF THE YEAR).
This is based on rewired POVI that has been making serious calls left and right.
This is based on rewired POVI that has been making serious calls left and right.
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Friday 9:21 AM 6/26. This map just continue to deliver. I think it should deliver through and through.
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I really need a job that fit my skill set.
I am live for 2530-2690. Start here:
www.tradingview.com/chart/XAUUSD/6DbGXwIK-2325-2450-WALK-THROUGH-TO-FOMC-REACTION-PART-4/
www.tradingview.com/chart/XAUUSD/6DbGXwIK-2325-2450-WALK-THROUGH-TO-FOMC-REACTION-PART-4/
MARKET IS CLOSED ON FRIDAY JULY 3RD AHEAD OF INDEPENDENCE DAY!!!
I DIDN'T REALIZE THEY MOVED NFP TO 7/2, WHICH IS THURSDAY! SO OPTIONS STRADDLE SHOULD BE PLACED ON 7/1 BEFORE MARKET CLOSES. IF YOU WAIT TO 7/2 MARKET OPEN, IT MIGHT BE POINTLESS. FOR A 2.25% MOVE. WHICH EVER SIDE HITS SHOULD PAY 6:1 OR BETTER!!