Here is last weeks profile to get is ready for the new week.
KO
koolblue
Rep: 48,651
Posts: 16,032
short from 1279.75, but going to cover 1278.00 cause now we have Bruces triples on the 5 min chart(at 1279.75!)
which will definitely get taken out... will wait for 1282.00
which will definitely get taken out... will wait for 1282.00
KO
koolblue
Rep: 48,651
Posts: 16,032
out at 1278.25... (skittish here)...plus 1.5 on each(2 es)...watching..
KO
koolblue
Rep: 48,651
Posts: 16,032
According to the one min chart,first support is 1277.00, then 1275.25. Guess i jumped out of my short too soon!(but i still feel it was justified)
BR
BruceM
Rep: 216,211
Posts: 19,895
Gotta sit and wait here...that is a poor high which should be run out ....
BR
BruceM
Rep: 216,211
Posts: 19,895
and your chart shows CD diverging up here in the daily and weekly pivot...along with volume and TICK
KO
koolblue
Rep: 48,651
Posts: 16,032
I'll TAKE ONE OFF AT 1280.50 in front of the 1280.25 minimum one min projection and the 5 min air at 1280.00
HU
Hunter
Rep: 1,431
Posts: 247
Hi Bruce, Thanks again for your input. This may be a little wordy, but this should give an indication of the 'fade the first move by a Fibonacci of the Stretch calculation and applying that price rotation to the formula (3, -1). The -1 is the counter trend 'fade' price move. I am looking forward to your shared mutual interests.
YMH1: Sold short in 1st minute: 11753. Reversed at 11698 and offset the long at 11638 (1.618% bounce off the low).(Rational: Settlement: 11775- 2.618% of today's Stretch (26 x 2.618=68. 11775-68= 11707. Friday's last trade was 11762 -68=11694. Friday's settlement: 11775-68=11707 or 11751-68=11683. Average of the three projected a low=11694. Tonight's low is 11690. Prices bounced back to unchanged and filled the gap. January 31
YMH1: Applying the (3, -1) formula to the strategy that trades from unchanged and fades the first move by today's Stretch calculation, 21. Previous settlement lifted up to the high, i.e, 11930+21=11951 and reversed back to unchanged. Prices fell below unchanged by 63 pts, i.e., 11930- (3x21)= 11967. 11964 = low.
Another nearly perfect fit. 25 January 12:44PST
YMH1 strategy; price rotations basis 1.618% and 2.618% of today's Stretch calculation, 24=X. 1.618X=38 and 2.618X=38: Trading from unchanged, 11822 lifted 50% of 24 and failed 11838 to 11806 reversing to 11870 (1st high ... 11806+64=11870= +2.618X +2pts). 11870 fell to 11808=62pts=2.618X. Unchanged + 4.25% of X=11924=11822+102=11924. High:11936. 24 January 12:34PST
Basis YMH1: Trading from unchanged and fading the first move by today's Stretch (26=X) calculation and applied to the (3, -1) formula, satisfied this formula and range projection within a small margin of error, 3 pts above the low and 5 pts below the high. 11774-X=11748 11745=low). 11774+ (3x26)=11852. High-low=112 pts, i.e., 11857-11745=112. 110=4.25% of today's Stretch, 26, calculation.
21 January 16:12PST
I'm sick in the head (lol) and going back to bed.
Take a look at the March $5 Dow intra-day chart. The trading strategy is to fade the first move, e.g., when it is counter-trend. The first move was down almost 1.618% of today's Stretch calculation (25), and then reversed, from unchanged, three of today's Stretch calculations. This fit...s the (3, -1) formula.
18 January 14:13PST
YMH1, Trading from unchanged; fading first move as applied to (3, -1) formula,; Stetch calculation =24=X, 1.618X=38, 2.618X=62 and 4.25X=102: Unchanged, 11683+Stretch, 24=11683+24=11707. At 11708 reversed in the early A session. 11708- (24x3)=11636=11707-72=11636. 11627, 14 Jan low reversed up to 11740. The low 11627 + 4.25X= 11729, i.e., 11627 + 102 = 11729. Prices have started a retraceal lower from the 11740 high. 14 January 12:07
YMH1: Sold short in 1st minute: 11753. Reversed at 11698 and offset the long at 11638 (1.618% bounce off the low).(Rational: Settlement: 11775- 2.618% of today's Stretch (26 x 2.618=68. 11775-68= 11707. Friday's last trade was 11762 -68=11694. Friday's settlement: 11775-68=11707 or 11751-68=11683. Average of the three projected a low=11694. Tonight's low is 11690. Prices bounced back to unchanged and filled the gap. January 31
YMH1: Applying the (3, -1) formula to the strategy that trades from unchanged and fades the first move by today's Stretch calculation, 21. Previous settlement lifted up to the high, i.e, 11930+21=11951 and reversed back to unchanged. Prices fell below unchanged by 63 pts, i.e., 11930- (3x21)= 11967. 11964 = low.
Another nearly perfect fit. 25 January 12:44PST
YMH1 strategy; price rotations basis 1.618% and 2.618% of today's Stretch calculation, 24=X. 1.618X=38 and 2.618X=38: Trading from unchanged, 11822 lifted 50% of 24 and failed 11838 to 11806 reversing to 11870 (1st high ... 11806+64=11870= +2.618X +2pts). 11870 fell to 11808=62pts=2.618X. Unchanged + 4.25% of X=11924=11822+102=11924. High:11936. 24 January 12:34PST
Basis YMH1: Trading from unchanged and fading the first move by today's Stretch (26=X) calculation and applied to the (3, -1) formula, satisfied this formula and range projection within a small margin of error, 3 pts above the low and 5 pts below the high. 11774-X=11748 11745=low). 11774+ (3x26)=11852. High-low=112 pts, i.e., 11857-11745=112. 110=4.25% of today's Stretch, 26, calculation.
21 January 16:12PST
I'm sick in the head (lol) and going back to bed.
Take a look at the March $5 Dow intra-day chart. The trading strategy is to fade the first move, e.g., when it is counter-trend. The first move was down almost 1.618% of today's Stretch calculation (25), and then reversed, from unchanged, three of today's Stretch calculations. This fit...s the (3, -1) formula.
18 January 14:13PST
YMH1, Trading from unchanged; fading first move as applied to (3, -1) formula,; Stetch calculation =24=X, 1.618X=38, 2.618X=62 and 4.25X=102: Unchanged, 11683+Stretch, 24=11683+24=11707. At 11708 reversed in the early A session. 11708- (24x3)=11636=11707-72=11636. 11627, 14 Jan low reversed up to 11740. The low 11627 + 4.25X= 11729, i.e., 11627 + 102 = 11729. Prices have started a retraceal lower from the 11740 high. 14 January 12:07


