PRS LIVE TESTING #4 TRADE OF THE YEAR PART 2 (CLEARER MAP)

Jul 21, 2020

SOME ONE JUST NOTIFIED ME THAT MY LAST CHART DIDN'T MESH WITH THE COMMENTS, SO HERE IS A BETTER VIEW. BASICALLY:SELL NOW, REBUY IS FRIDAY/MONDAY AROUND 1805-1810.

Jul 21, 2020

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Jul 21, 2020

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This (right above) was the last one I posted with the buy circle too far to the right and the possible second peak also too far to the right.

Jul 21, 2020

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And here the reasoning for the sell/rebuy.

Jul 21, 2020

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NOTE: PRS IS AN INTERMEDIATE TRADING SYSTEM AND I AM NOT A TACTICAL TRADER. THAT SAID 1840 IS A GREAT TACTICAL SHORT BUT I AM NOT RECOMMENDING THAT TRADE JUST FOR THOSE THAT ARE CONFUSED.

TACTICAL MEANING SHORT TERM OR DAY TRADING, I.E. WATCH IT LIKE A HAWK.

Jul 21, 2020

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IMPORTANT: PART 2 CAN TAKE 40 DAYS. SO 7 WEEKS AS OPPOSED TO THE REGULAR 2 WEEKS. THE REASON IS TRADING OUT OF THE FINAL MOVE IN A RALLY IS IMPOSSIBLE. THERE IS ONLY STRATEGY: BUY AND HOLD.

The targets right now are 1910 and 2040, Part 2 and Part 3.

Jul 21, 2020

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To clear this up: both part 2 AND 3 together takes 7 weeks. All done by 9/7.