I THINK IT'S 2000-2015 (FOR XAUUSD). NOTE THAT THIS CHART IS GC1!. So this much I know right now: This buying came from futures, not spot or GLD. If I judge based on GC1!, I would say new high possible. If I judge based on XAUUSD, I would say lower than 1990. If I judge based on GLD etf, I would say gray route or worse. The truth is somewhere in between....
CLOSED SHORTS FROM 1962 AT 1939 AFTER THIS REVERSE UP. For the record, PRS will take the the 1939 long entry target 2050, SL 1920.
GOLD FINALLY REVEALS ITS HAND AND PRS ALMOST COMPLETE. I've been expecting 1670 for a while, but finding the actually route there is beyond difficult until today's break of 1975. This is the route to 1695. 1670 should come in later in September. Why is this one special? Everything I know I put into this. I expect to nail all 3 bubbles. Let's see if all...
THE WORSE THE FINISH WILL BE, IN TERMS OF MARCH LIKE VOLATILITY. I don't have any time to comment further, but this is what's on my mind.
THE WEEKLY HISTORICAL FRACTALS REALLY SAY MASSIVE CORRECTION BUT 45-MIN BARS SAY IT CAN'T BE WORSE THAN 1665 BEFORE A STRONG CORRECTION BACK UP. I TRUST THAT THE MOVE TO 1670 WILL LOOK LIKE THIS BY 9/04. So we are going down, but probably not straight down because the the short term trends do NOT allow that to to be forecast. I determine that by looking through...
THIS IS NOW 3:1 FAVORITE. A VERY SPECIFIC CURVE IS HOURS AWAY FROM TURNING THAT WILL FORCE PRICE TO 1500 IN OCTOBER. IN ORDER TO PREVENT THIS FROM HAPPENING, GOLD NEEDS TO BOUNCE 100 TODAY HOLD. PRS BELIEVES ODDS OF THAT HAPPENING IS ABOUT 1 IN 4. This is an adjusted fractal map, not a derivative map. Will add if I have time.
THIS IS NOT THE FAVORITE PATH DOWN AS OF THIS SECOND, BUT THEY DON'T CALL it KISS OF DEATH FOR NOTHING. Keep an eye out for that area. This can get ugly quickly.
IMPORTANT TARGETS: 1670 BY WEDNESDAY 9/2. 1580 BY 9/23. 1560 BY 9/30. NEW ALL TIME HIGH BY APRIL 30 2021. Quickies before I have to run: 1) We are still in bull market, but we have to have one of these major draw downs before we really get going. Last week, I had thought that it would come at 2500+ and retest 1980 (hence I said I had some conviction we...
FOR THE PURPOSES OF THIS IDEA, THERE IS NO TRADE RECO. MEANING I WILL NOT STATE ENTRIES/EXITS BLAH BLAH. THIS IS WHAT I AM THINKING FOR THE MOMENT. I MADE IT BECAUSE OF REPEATED QUESTIONS FOR MY VIEW RIGHT NOW, THAT IS ALL. I JUST WANTED TO CLEAR SOMETHINGS UP FIRST: 1. On PRS LIVE 4 draft# 2 linked here: I stated MONDAY MORNING U.S. MARKET: STOP...
This is the map for Dow Jones Industrials (tickers: YM1!, US30, DIA, DJIA) the next 30 days or so. Notes: If you followed the DOW trade, please note that I started with a 10% entry and kept it 10% at each entry and DID NOT TAPER UP. This is because I could see it go up to 27200 without having the evidence to say it was likely to. After 8/11 or 81/2, PRS...
THIS IS DRAFT 2, DERIVATIVE MAP AND TRADING GUIDE. THIS HAS SEVERAL TRADE IDEAS, SO LET'S GO ONE BY ONE. First, please like/follow for my sake. The easiest way to support is tapping that like button. Or donate for my kids who I neglect in order to bring you these fantastic trading ideas. For the record PRS LIVE is 2-0 in posted entries/exits. #1 and # 2 are...
First draft, will update next week. We should tag 1980 first. But this isnt done, not anywhere near done.
MY BUDDY ZAINYZAIN99 ASKED FOR THIS, SAYS WILL DONATE $100 SHOULD I NAIL THE THE TOP. CONSERVATIVE MATH SAYS 2145-2185 ON TUESDAY 08/11/20, I CHOSE 2222 FOR EFFECT, BUT HONESTLY IF I WAS NOT OVERTHINKING, IT WOULD BE 2265. IF IT GETS CUTE ABOVE 2270, RISK AND REWARD FOR SHORT SELLING IS BEYOND RIDICULOUS. First and foremost, please like/follow for my sake. ...
I AM ON MY PHONE IN MY CAR SO JUST WANT TO GET THIS UP. Will update with time.
OK. AFTER 3 ATTEMPTS TO SHORT THE DOW. WON ALL 3 OF THEM BUT CHECKED OUT EARLY BC IT JUST WASNT RIGHT. 4 TRANCHES NEXT WEEK TAPERING UP: 10%, 20, 30, 40 FOR M T W R. FRIDAY IS NFP. PRS IS PICKING UP A BAD SITUATION FOR EVERYONE AND EVERYTHING. THE WORST BEING SILVER, DOW, AND MAYBE BITCOIN. Will update with time.
SHORT TERM TEST FOR AUDJPY, 18-MIN BARS.
INTERMEDIATE REGRESSIONS FOR AUDJPY SAYS DOWN AFTER THURSDAY. ROCKET IN OCTOBER.
This is going to be the first successful derivative map for bitcoin. I've had good calls before, but not a good derivative map. In this situation, I have much more confidence in this 4-angle map.