THIS IS WHERE WE ARE.
Notes:
1. I don't trade short term trades.
2. I am short now, and my trade closes Tuesday, Monday if early.
3. In the secnario that we are 1768-1778 TOMORROW, then I take money off the table.
4. These boxes are meant as a guide, PROBABILITIES ARE USEFUL ONLY IN THE LONG RUN.
5. Black route (black numbers) are favored 70-30.
6. There is no red 5, in both scenarios it follows black 5-6-7, the only question is how deep.
Notes:
1. I don't trade short term trades.
2. I am short now, and my trade closes Tuesday, Monday if early.
3. In the secnario that we are 1768-1778 TOMORROW, then I take money off the table.
4. These boxes are meant as a guide, PROBABILITIES ARE USEFUL ONLY IN THE LONG RUN.
5. Black route (black numbers) are favored 70-30.
6. There is no red 5, in both scenarios it follows black 5-6-7, the only question is how deep.
Comment:
11. it can also do: red 1, black 2, red 3, black 4, black 5 ...
8. second vertical line is NFP
9. third vertical line is CPI
10. in my chart, the verticalines are almost always these events (including FOMC, new moon, and occasionally PPI)