MQP IVOR #001-4 SUPPLEMENT
SUMMARY - This is the last part I can see left to chance.
DETAILS - If we bottomed today, 1960 gets hit on 12/17 or 12/19 (Sunday international open). If we drop to one more low at NFP tomorrow, floor is 1745. In that scenario, 1950 gets hit on Monday, 12/20. I need to see more to forecast the 12/29 high. Right now, it's 2015-2070 stalling 12/29-01/03.
DETAILS - If we bottomed today, 1960 gets hit on 12/17 or 12/19 (Sunday international open). If we drop to one more low at NFP tomorrow, floor is 1745. In that scenario, 1950 gets hit on Monday, 12/20. I need to see more to forecast the 12/29 high. Right now, it's 2015-2070 stalling 12/29-01/03.
Bình luận:
BTW - Momentum channel cheat sheets are the gold standard for regression forecasting.
Bình luận:
BTW - 12/31 GLD 167 CALLS 2.17 right now. 1.78 this morning, but due diligence is complete barring surprise close.
Bình luận:
BTW3 - If you bought one 2/18 GLD 176 or 177 call at $500 2-3 weeks ago as insurance. PIck up a second one for $135 to $170.
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/
I don't want to jinx U.S. trading hours prior to the close so I am not publishing this chart until day is over. But cheat sheet looks like this, this matters bc we are about to hit a "momentum channel".