MQP 12J - ABOUT TIME MQP MAKE YOU REAL MONEY PART 4
HEADER - This is the map so you can follow with IRL.
DIRECTIONS - Upload IRL from my scripts page because it can NOT be searched for. Add to your favorites, and then you can add it to your chart. Click settings icon, change ratio to stated ratio in title and turn on Regressive Bands. Even though directions for IRL are only 60% completed (they are in the comments), that's more than enough for you to apply it usefully. Please read directions first. In my charts, I try to match extension regression lines to its correct colors along with D+# labels. When I don't have time for that, D+# LABELS ALWAYS TAKE PRECEDENT.
SUMMARY - So this is IRL ratio setting 9/16, 1 HOUR-BAR. You can zoom in w/ 30-min, 15-min, or zoom out with 2H, 4H, 8H. AGAIN NOT 16H. Switch back to default ratio (3/4) for 45-min, 90-min, 3H, 6H, 12H, D, 2D, 4D, so on...
DETAILS - The bold dashed-lines are the natural extensions of each individual wave. I've said in recent weeks to FOCUS ON D8. I said so bc D4-5-6-7 were in position. D8 had to "get in position" and that it was going to get another "wiggle". That wiggle turned out to be the 1780 drop. Right now, ALL THE WAVES AND THEIR INDIVIDUAL PARTS ARE READY FOR D8 TO CROSS D7 MOVING UP. Because of the position of EACH INDIVIDUAL LINES AND THEIR RELATION TO EACH OTHER (AND OTHER RATIOS), this cross will create a "UNIFORM WAVE" on 02/25, in other words A STRAIGHT UP RALLY. THE EXPECTED 50-PT SWING around 02/16 will occur because the intermediate regressions ARE NOT YET IN ORDER. This excludes the situation that price moves up IN AN EXACT STRAIGHT LINE W/ NO CHANGE IN SLOPE (prices don't do that).
DIRECTIONS - Upload IRL from my scripts page because it can NOT be searched for. Add to your favorites, and then you can add it to your chart. Click settings icon, change ratio to stated ratio in title and turn on Regressive Bands. Even though directions for IRL are only 60% completed (they are in the comments), that's more than enough for you to apply it usefully. Please read directions first. In my charts, I try to match extension regression lines to its correct colors along with D+# labels. When I don't have time for that, D+# LABELS ALWAYS TAKE PRECEDENT.
SUMMARY - So this is IRL ratio setting 9/16, 1 HOUR-BAR. You can zoom in w/ 30-min, 15-min, or zoom out with 2H, 4H, 8H. AGAIN NOT 16H. Switch back to default ratio (3/4) for 45-min, 90-min, 3H, 6H, 12H, D, 2D, 4D, so on...
DETAILS - The bold dashed-lines are the natural extensions of each individual wave. I've said in recent weeks to FOCUS ON D8. I said so bc D4-5-6-7 were in position. D8 had to "get in position" and that it was going to get another "wiggle". That wiggle turned out to be the 1780 drop. Right now, ALL THE WAVES AND THEIR INDIVIDUAL PARTS ARE READY FOR D8 TO CROSS D7 MOVING UP. Because of the position of EACH INDIVIDUAL LINES AND THEIR RELATION TO EACH OTHER (AND OTHER RATIOS), this cross will create a "UNIFORM WAVE" on 02/25, in other words A STRAIGHT UP RALLY. THE EXPECTED 50-PT SWING around 02/16 will occur because the intermediate regressions ARE NOT YET IN ORDER. This excludes the situation that price moves up IN AN EXACT STRAIGHT LINE W/ NO CHANGE IN SLOPE (prices don't do that).
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Notes for 4-min chart:
1) you can only see D10, D9 IS TOO BIG FOR 4-MIN BAR
2) when you zoom the lines move a little each time you zoom in
3) so D10 dashed extension lines doesn't connect w/ D10 wave but that's OK
4) so D11 is on D10 which is good
5) the drop in the morning pulled down 13 under 12, and 12 under 11
6) but the wing back up put 15 on top of 14, which is on top of 13
7) once 13 crosses move UP past 12 and 12 past 11
8) price leads, but there's unresolved shorterm disposition of wave order
9) as a general rule, the next time 15 turns up it will pull everything back up
10) will probably be after market
1) you can only see D10, D9 IS TOO BIG FOR 4-MIN BAR
2) when you zoom the lines move a little each time you zoom in
3) so D10 dashed extension lines doesn't connect w/ D10 wave but that's OK
4) so D11 is on D10 which is good
5) the drop in the morning pulled down 13 under 12, and 12 under 11
6) but the wing back up put 15 on top of 14, which is on top of 13
7) once 13 crosses move UP past 12 and 12 past 11
8) price leads, but there's unresolved shorterm disposition of wave order
9) as a general rule, the next time 15 turns up it will pull everything back up
10) will probably be after market
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7) .. that means rally on
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Q: Why do I use so many different extensions.
A: The IRL you can you use is 1 set I am basically looking at 5 different sets at once. to avoid blind spots. I think I've eliminated the last blind spot from a technicals position.
A: The IRL you can you use is 1 set I am basically looking at 5 different sets at once. to avoid blind spots. I think I've eliminated the last blind spot from a technicals position.
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*** UPDATE BC I DON'T HAVE TIME FOR NEW POST ---
The curves I set were about 1-2 days early, so it should look like this:
The curves I set were about 1-2 days early, so it should look like this:
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For updated chart above: I got a bit too excited and configured the short curves wrong. What does this mean now? We should have A SLOWER BUT MORE UNIFORMED RISE TO 2025 WITHOUT THAT BIG 50-60PT DRAWDOWN IN BEFORE 2/25. 2/25 high is 2025 not 2070. 2070 on March 2nd. The biggest drawdown I can project on the move to 2025 is $23-$30 (right now). This CAN change, but it shouldn't because the coil is getting really intense.
1) the circle is where ALL OF D8 crosses D7
2) I will add 15-min bar example below