16-20 HOURS/DAY, CONTINUOUS GOLD FORECAST, PRELIMINARY
Introduction - I am setting up for 16-20 hours per day continuous gold forecasting. I MAY have the demand to start this now, I am not totally sure. I'll find out in a day or two. Let me be clear, if there was ever a time to trade gold, THIS IS OBVIOUSLY THAT TIME.
Details - In chart above, this is a slightly modified route vs most recent route from DRAFT 12's FINAL BINARY THESIS, which this morning made bear route to 6/12 out right favorite with the break under 2300. If you've followed me regularly, I've made it clear that strong forecasting requires around the clock update to anticipate global price swings due to the forex three session system. This allows us to stay one step ahead of price action for majority of the time. I think I have enough demand to make this a reality now, but I am not very sure. So if this is what you'd like to have at $100 a month, send me a message (IF YOU HAVEN'T YET) or post it in the comments so I can track the demand. Right this second, it's still just a list of people interested. Thank you.
Details - In chart above, this is a slightly modified route vs most recent route from DRAFT 12's FINAL BINARY THESIS, which this morning made bear route to 6/12 out right favorite with the break under 2300. If you've followed me regularly, I've made it clear that strong forecasting requires around the clock update to anticipate global price swings due to the forex three session system. This allows us to stay one step ahead of price action for majority of the time. I think I have enough demand to make this a reality now, but I am not very sure. So if this is what you'd like to have at $100 a month, send me a message (IF YOU HAVEN'T YET) or post it in the comments so I can track the demand. Right this second, it's still just a list of people interested. Thank you.
Comment:
f) as long as lower skinny line does not break
g) odds would favored 2280-ish first before sideways to form FOMC 40-pt spike
g) odds would favored 2280-ish first before sideways to form FOMC 40-pt spike
Comment:
h) or basically blue route in the "mini-binary"
i) these things are called binary because they do reveal their route UNTIL THEY DO
j) for DRAFT 12, it was last night
i) these things are called binary because they do reveal their route UNTIL THEY DO
j) for DRAFT 12, it was last night
Comment:
k) 4:38 PM ET, so I posted in DRAFT 12 earlier:
Comment:
Comment:
a) in chart above
b) so expectations are sideways London with higher 2-way vol between 9 and 11 PM ET
b) so expectations are sideways London with higher 2-way vol between 9 and 11 PM ET
Comment:
c) but for RIGHT NOW at 4:48 PM and 2286.xx, 2-way vol limits is really high for next 12 minutes
d) range is 2272-2300, odds favor 2272 first
e) this is just swing momentum in a very specific moment of the day
d) range is 2272-2300, odds favor 2272 first
e) this is just swing momentum in a very specific moment of the day
Comment:
f) 5:00 I don't know what to make of the the close just now
g) there's no value here, only some annoying unresolved short term vol
h) no change to plans, sideways to NY and long tomorrow
g) there's no value here, only some annoying unresolved short term vol
h) no change to plans, sideways to NY and long tomorrow
Comment:
a) I need one confirmation it's working
b) so I can setup a page from TradingView
b) so I can setup a page from TradingView
Comment:
c) ok it looks like the link doesn't work, so I am working on that right now
Comment:
d) once I iron this out, I'll post it again
Comment:
Comment:
7:18 PM ET, 91.36, if you are long here, tighten up the stop
a) why? because the trend setup calls for 2300 minimum
b) this setup should not slow down for long
c) it's already taking a bit too long already in my opinion
a) why? because the trend setup calls for 2300 minimum
b) this setup should not slow down for long
c) it's already taking a bit too long already in my opinion
Comment:
7:38 PM, gotta run, one more thing to iron out before I'm back with the link.
Comment:
Comment:
Comment:
1) in chart above, so 2278-ish should be next
2) then, sideways to NY open
3) 8:15 AM ET is ADP release along with ISM manufacturing at 10:00
4) RIGHT NOW, I see price at 2325 BEFORE FOMC at 2:00 PM ET
5) WHICH MEANS FOMC IS SMACK DOWN, NOT SPIKE UP
6) that's base case
7) scenario two is ADP forces a double bottom (gray)
8) so then FOMC spike up to 2323, it's hard to see past this much now
2) then, sideways to NY open
3) 8:15 AM ET is ADP release along with ISM manufacturing at 10:00
4) RIGHT NOW, I see price at 2325 BEFORE FOMC at 2:00 PM ET
5) WHICH MEANS FOMC IS SMACK DOWN, NOT SPIKE UP
6) that's base case
7) scenario two is ADP forces a double bottom (gray)
8) so then FOMC spike up to 2323, it's hard to see past this much now
Comment:
9) and by that I mean hard to see this higher than 2323-25
Comment:
2:09 PM ET DURING FOMC
PLEASE DO NOT USE THIS CHART AND THIS POST TO TRADE ANYMORE BECAUSE IT IS NOT UPDATED HAS EXPIRED.
PLEASE DO NOT USE THIS CHART AND THIS POST TO TRADE ANYMORE BECAUSE IT IS NOT UPDATED HAS EXPIRED.
Trade closed manually:
THIS POST HAS ENDED, I WILL COVER NEXT 12 HOURS HERE:
Binary Forecasting Service is a premium 16-20 hour per day CONTINUOUSLY UPDATING GOLD FORECAST for the global forex 3-session system, successful in all three. This is available in monthly and weekly subscriptions. Let me know if you want to subscribe.
Related Ideas
b) would be a risk of a reversal
c) but there's not that much value here any way
d) just use two most recent trend lines to scalp
e) other wise, the trade is LONG FOMC SPIKE tomorrow