2300-2400 WALK THROUGH TO FOMC REACTION
This draft serves mainly as execution for this coming week 6/2-6/7. The accuracy of Mon-Tue-Wed zigzag doubles as confirmation of entry for Wed 6 PM ET to Thu 6 AM ET. This will be the 12-hour window for 2300 low.
This draft is is not helpful for dayt trading after NFP (6/7). I will not help with day trading for Mon 6/10 and Tue 6/11. The main reason being this is where you should stop day-trading altogether and just build an entry for 2515-ish for/ 6/20. Most subscriptions will end by today, the 3 remaining will all by 6/7, so I I will at least service through NFP. For the singular late sub, I'll add notes for day trades if you specifically request it for 6/09-6/12. 6/12 FOMC would be the last day you need me for this rally.
If you zoom out, you will see when first leg should end and the the turn for second leg. It's not possible to know what it will really look like. But all you are doing is waiting for a check to 2450 -2470 and buying for second leg to 7/4. That is it.
This draft is is not helpful for dayt trading after NFP (6/7). I will not help with day trading for Mon 6/10 and Tue 6/11. The main reason being this is where you should stop day-trading altogether and just build an entry for 2515-ish for/ 6/20. Most subscriptions will end by today, the 3 remaining will all by 6/7, so I I will at least service through NFP. For the singular late sub, I'll add notes for day trades if you specifically request it for 6/09-6/12. 6/12 FOMC would be the last day you need me for this rally.
If you zoom out, you will see when first leg should end and the the turn for second leg. It's not possible to know what it will really look like. But all you are doing is waiting for a check to 2450 -2470 and buying for second leg to 7/4. That is it.
הערה:
2:07 PM ET, WHERE WE LEFT OFF LAST FROM TG:
הערה:
a) so the confirmation is a "triple M" pattern to 2300
b) that is then entry for EVERYONE
c) it should come WED after 6 PM to THU before 6 AM, New York time
b) that is then entry for EVERYONE
c) it should come WED after 6 PM to THU before 6 AM, New York time
הערה:
d) I will add notes after open
e) we are starting the second M
f) top about 2353-ish give or take
g) next low is 2327
h) next high should be a bit HIGHER at 2355-57
i) and next lower a bit LOWER at 2317
j) this will put us on Tuesday morning in New York
e) we are starting the second M
f) top about 2353-ish give or take
g) next low is 2327
h) next high should be a bit HIGHER at 2355-57
i) and next lower a bit LOWER at 2317
j) this will put us on Tuesday morning in New York
הערה:
2:14 PM IF YOU HAVE QUESTIONS
1) ask below
2) I can't use message board
3) but I will answer up here
1) ask below
2) I can't use message board
3) but I will answer up here
הערה:
6:47 PM 26.47 allow check down open means delay of top
a) originally had it before 2 AM London open
b) then said before by 10 PM
c) now looks like 1 AM
b) then said before by 10 PM
c) now looks like 1 AM
הערה:
6/2 7:17 PM, No a bit more curved
הערה:
הערה:
a) but still 1 AM
b) it may still be high end of that range so 55+
c) I just would not be surprised if it posted 58.5 high
b) it may still be high end of that range so 55+
c) I just would not be surprised if it posted 58.5 high
הערה:
d) 2325.88, 7:55 dammit I forgot about the detailing above 2345
e) meaning this part::
e) meaning this part::
הערה:
הערה:
f) 8:23 each of the top shoould be two top
g) but it's not fitting this blue pattern
h) so I am trying to find how 2nd top should fit
i) but I don't think it's before London
g) but it's not fitting this blue pattern
h) so I am trying to find how 2nd top should fit
i) but I don't think it's before London
הערה:
8:52
j) not really sure that it should be much after London
k) I' am working on it
j) not really sure that it should be much after London
k) I' am working on it
הערה:
9:02 PM 28.xx
l) think it's the dark blue "2 top-per top" M in chart above
m) but I can't prove it
n) we are going to find out soon
o) these "two Sunday night and Monday night tops) I had been talking about need to happen
m) if they are not "2", then they are at least 1.5
o) we cross that bridge if it doesn't pop tonight
p) if it's not to night, then the delay would be around NY open for 1st top
l) think it's the dark blue "2 top-per top" M in chart above
m) but I can't prove it
n) we are going to find out soon
o) these "two Sunday night and Monday night tops) I had been talking about need to happen
m) if they are not "2", then they are at least 1.5
o) we cross that bridge if it doesn't pop tonight
p) if it's not to night, then the delay would be around NY open for 1st top
הערה:
9:22 PM:
הערה:
3) continuing from chart above, in the scenario of "1.5 tops instead of 2
4) I have already mapped it just in case
4) I have already mapped it just in case
הערה:
5) 9:56 PM, 2330.XX, make 36 soon and we can still hit that 1 AM top
הערה:
6)10:24, doesn't look like 1 Am honestly...
7) it has to do two tops
8) so it looks like 2-3, London opens 2 AM
7) it has to do two tops
8) so it looks like 2-3, London opens 2 AM
הערה:
9) 10:39, it broke over the oval
10) so gotta start thinking 1.5 tops route
10) so gotta start thinking 1.5 tops route
הערה:
10:52, I can't figure this out
11) this part is so crucial
12) but I don't have a clue right now
11) this part is so crucial
12) but I don't have a clue right now
הערה:
13) it's at a very crucial spot
14) where big decisions mare made
15) that's all I know right now
14) where big decisions mare made
15) that's all I know right now
הערה:
16) this leads to an entirely different pattern 10:58 PM ET
הערה:
17) this kills this pattern
18) and opens up 2300 for Monday night
18) and opens up 2300 for Monday night
הערה:
11:47, it can probably go 2300 NO
a) but I don't know what that means or what reaction should be
a) but I don't know what that means or what reaction should be
הערה:
b) it would be 2282 straight down
הערה:
c) so 11:56 PM ET, approaching London
d) and London will send this 2282
e) or do most of the work to 2300
f) the rest would be complete in 24 hours likely
d) and London will send this 2282
e) or do most of the work to 2300
f) the rest would be complete in 24 hours likely
הערה:
6/3, 12:06 AM 2321.xx
a) ok so, London gets this to 2309-2313
b) New York gets this to 2293
c) and Tokyo gets this to 2382
d) and we will be 2282 this time tomorrow
e) the biggest question is DO LONG TERMERS MAKE THEIR ENTRY HERE
f) I think so, I don't know so
g) I hate that we do this move with 8 days to spare ahead of FOMC
a) ok so, London gets this to 2309-2313
b) New York gets this to 2293
c) and Tokyo gets this to 2382
d) and we will be 2282 this time tomorrow
e) the biggest question is DO LONG TERMERS MAKE THEIR ENTRY HERE
f) I think so, I don't know so
g) I hate that we do this move with 8 days to spare ahead of FOMC
הערה:
6/3 12:17 AM ET 2321.XX
h) continuing w/ previous note
i) so ALL LONG TERM TRADERS MUST MAKE 30-50% ENTRY for gold
j) that's this time time tomorrow at 2282
k) AND IF YOU ARE TRADING SILVER LONG TERM, 50-70 % ENTRY for silver
h) continuing w/ previous note
i) so ALL LONG TERM TRADERS MUST MAKE 30-50% ENTRY for gold
j) that's this time time tomorrow at 2282
k) AND IF YOU ARE TRADING SILVER LONG TERM, 50-70 % ENTRY for silver
הערה:
l) if it's not quite 2282 IT WILL GET THERE EITHER 64/ OR 6/5 (Tues or Wed)
m) so if it's dragging, just give it time
n) AND YOUR SECOND ENTRY IS THE REMAINDER ON 6/12
o) that's settled and not gonna change unless China attacks Taiwan tonight
m) so if it's dragging, just give it time
n) AND YOUR SECOND ENTRY IS THE REMAINDER ON 6/12
o) that's settled and not gonna change unless China attacks Taiwan tonight
הערה:
הערה:
12:43 AM ET
a) this pattern pretty much makes it there under 24 hours
b) bc the tail end is straight down
a) this pattern pretty much makes it there under 24 hours
b) bc the tail end is straight down
הערה:
c) BUT it doesn't HAVE TO
d) it can take 48 hours
d) it can take 48 hours
הערה:
2:02 AM ET, THAT SHOULD NOT HAVE HAPPENED AT 2315...
a) bounce is too strong
b) what in the world does it want to do here?
a) bounce is too strong
b) what in the world does it want to do here?
הערה:
2:22 AM, it is saying that it can't break 2297
a) by this time to morrow
b) so that means bottom is not 6/4
c) bc it should bounce at 97-05 area
d) and then comes back down
e) that would kill all of Tuesday
f) so again low is 6/5
a) by this time to morrow
b) so that means bottom is not 6/4
c) bc it should bounce at 97-05 area
d) and then comes back down
e) that would kill all of Tuesday
f) so again low is 6/5
הערה:
g) which is Wednesday
הערה:
utes ago
Comment:
6/3, 2:41 AM, I have no idea what it wants to do at 2300
h) obviously it should bounce some
i) it's not obvious what comes after..
j) this set of trends is really unpredictable right now
k) my impression is that bc "caution is what you go to"
l) we are actually going to "miss the bottom"
m) so be aware that I don't know if there is a lower low than 2300
n) and 2300 should come late Monday
o) just edited previous note
Comment:
6/3, 2:41 AM, I have no idea what it wants to do at 2300
h) obviously it should bounce some
i) it's not obvious what comes after..
j) this set of trends is really unpredictable right now
k) my impression is that bc "caution is what you go to"
l) we are actually going to "miss the bottom"
m) so be aware that I don't know if there is a lower low than 2300
n) and 2300 should come late Monday
o) just edited previous note
הערה:
p) WITHIN 16-18 hours bears will tag 2303
q) they broke this setup at a very sharp angle
r) so it should bounce, HARD, with 2 legs
s) I need to see 2350 again with in 24 hours of that
t) so by TUES NY close
u) to comment more on entry/low
v) but we are really close to the entry and it's still not obvious
q) they broke this setup at a very sharp angle
r) so it should bounce, HARD, with 2 legs
s) I need to see 2350 again with in 24 hours of that
t) so by TUES NY close
u) to comment more on entry/low
v) but we are really close to the entry and it's still not obvious
הערה:
w) 2323.xx, 3:03 this part is not worth the trouble to trade
x) it's not going to make sense until all the short trends settle out
y) I am going to bed
x) it's not going to make sense until all the short trends settle out
y) I am going to bed
הערה:
10:55 we can't do anything except wait
A) it's a waste of time mapping the twists
B) it's not going anywhere until the trends settle out
C) next 2 moves for 36 hours impossible to predict
A) it's a waste of time mapping the twists
B) it's not going anywhere until the trends settle out
C) next 2 moves for 36 hours impossible to predict
הערה:
הערה:
1) replay chart at top
2) in right above here with red rout, see the dashed red line?
3) that's how light blue route (same w/ chart at top) was extrapolated
4) and that would have eliminated 2282
5) but it went to deep and that kept 2282 open
6) statistically speaking, it did it "on purpose"
7) because we were on the cusp of eliminating 2282, 2293 which only leaves 2300
8) so now 1 of two things happen
9) either it "really moves down hard" like red route above which is a move for 93/82
10) or:
2) in right above here with red rout, see the dashed red line?
3) that's how light blue route (same w/ chart at top) was extrapolated
4) and that would have eliminated 2282
5) but it went to deep and that kept 2282 open
6) statistically speaking, it did it "on purpose"
7) because we were on the cusp of eliminating 2282, 2293 which only leaves 2300
8) so now 1 of two things happen
9) either it "really moves down hard" like red route above which is a move for 93/82
10) or:
הערה:
הערה:
11) make up for lost ground by staying high like chart above
12) but STILL HAVE TO HIT THE TWO CIRCLES to finished pattern
13) and see the twisting trends?
14) that's two unlikely moves back to back
15) it's waste of time now to map and remap
16) just wait 36 hours to Wednesday and it will be obvious
12) but STILL HAVE TO HIT THE TWO CIRCLES to finished pattern
13) and see the twisting trends?
14) that's two unlikely moves back to back
15) it's waste of time now to map and remap
16) just wait 36 hours to Wednesday and it will be obvious
הערה:
17) but it's not quite as easy as it seems bc for ex:
הערה:
18) if it starts out like red and switch back
19) and i's already shown the last several days it can do that
20) then that gets much more annoying then you think
21) then we would have a bottom
22) but zig zag continuation to fomc like this:
19) and i's already shown the last several days it can do that
20) then that gets much more annoying then you think
21) then we would have a bottom
22) but zig zag continuation to fomc like this:
הערה:
הערה:
23) but that pushes break out into 6/13 PPI
24) so too much to "consider" until this route makes up its damn mind
25) for all long term traders, we can eliminate Tuesday low
26) so we are back on Wed or Thurs
27) and this one you go in one time only
24) so too much to "consider" until this route makes up its damn mind
25) for all long term traders, we can eliminate Tuesday low
26) so we are back on Wed or Thurs
27) and this one you go in one time only
הערה:
6/3, 2:22 PM, replay chart at top
1) so now it has to make up for the lost "chart area"
2) by outperforming the light blues route before Wed-Thur checkdonw
3) which is just sideways zig zag
1) so now it has to make up for the lost "chart area"
2) by outperforming the light blues route before Wed-Thur checkdonw
3) which is just sideways zig zag
הערה:
הערה:
4) it needs to hit both ovals/circles
5) rest is same IF IT WANTS 2300 FLOOR
6) we know by Tuesday after 9 PM
5) rest is same IF IT WANTS 2300 FLOOR
6) we know by Tuesday after 9 PM
הערה:
6/3 4:56 PM ET: HERE'S NEXT POST:
