MQP 12K - ABOUT TIME MQP MAKE YOU REAL MONEY PART 5
HEADER - This is a specific update for 12J PART 4 with IRL indicator, and some related notes.
DIRECTIONS - 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 - I noted prior to the spike this morning that the extension lines I posted for 12J were too fast. So here is what it should look like.
DETAILS - If you are following w/ IRL indicator, I stated yesterday that D10 should NEVER GO FLAT, but it did yesterday. This means that the day-to-day moves will not be the same pattern that I anticpated. If D10 curve at the beginning, then it should curve again around 2/24-2/25. What this means is the move should more or less a literal straight line, there should be no drawdown more than 30 prior to 2025 around 2/24-2/5. So? Hold to 2/25 or 2070 whichever comes first, DON'T TRY TO TRADE IN AND OUT. And I still see 2100 by 03/14.
NOTES - I am at the hospital with my dad today, I will add notes later when I have time.
DIRECTIONS - 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 - I noted prior to the spike this morning that the extension lines I posted for 12J were too fast. So here is what it should look like.
DETAILS - If you are following w/ IRL indicator, I stated yesterday that D10 should NEVER GO FLAT, but it did yesterday. This means that the day-to-day moves will not be the same pattern that I anticpated. If D10 curve at the beginning, then it should curve again around 2/24-2/25. What this means is the move should more or less a literal straight line, there should be no drawdown more than 30 prior to 2025 around 2/24-2/5. So? Hold to 2/25 or 2070 whichever comes first, DON'T TRY TO TRADE IN AND OUT. And I still see 2100 by 03/14.
NOTES - I am at the hospital with my dad today, I will add notes later when I have time.
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1) Settings for this chart is ratio 9/16 for 1-hour bar in IRL indicator.
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2) Here are classic trend lines/targets (considering what the regressions show):
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3) Forgot to bold the line:
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4) next week's action, will post before monday open
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5) route above is early route by about 36 hours, it's what the current move is gearing without intermediate 2-way vol
6) even though it is the early route, this situation requires that it be disproven for us to go to late route (move the bold route to the right 36 hours)
6) even though it is the early route, this situation requires that it be disproven for us to go to late route (move the bold route to the right 36 hours)
