I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower for the countless Blessings including and the ability to help others.
Markets are testing the bottom, and as suspected they rallied up-to 50% of yesterday range and closed below the yesterday close. Thus it creates the 2 scenarios, i) Markets continue their slide down, which then shall be faster the merciless than what has happened thus far. ii) Markets have tested the lows as shown on the charts attached and blew all those sell stops just below the previous lows. There 2 time cycles which are being triggered by a third time cycle, as being in the middle of both, and my geometrical cycle, which was supposed to create a CIT (which did intra-day basis for half day) on said date could be triggered due to these time cycles coming in July 1st. Furthermore July 1st, a mathematical time cycle, is also coming. Does that mean, we have pivot reversal day on July 1st, and we shall have a rally, which I showed on the chart yesterday (giant H&S Chart, starting from November last year)? I shall await for the confirmation tomorrow and look out for live updates here. Plus the volume was lower across the boards as compare to yesterday. I am with open mind, as stated in my recent post, ready to trade on either side.
Remember my EURUSD post, its 24 months completes today. Does that mean we have rally also in EUR!!!
Today we did make very good money, as much as 25% on invested trading capital in one day, trading on the short side of the market. Thanks only to The Most Benevolent, The Ultimate Guide. (Please accept my heartfelt gratitude for such compassionate and kind comments, along with the taste of reality comments. Thank you again!)
http://trade-in-harmony.blogspot.com/
25% back syed? please help me get some money back. your the best
Thank you for the update!
This about cycles and geometry is very fascinating.
Patrik
Its a big pain for us – non mentees – to read about those great profits in which we cant participate, especially after this big drawdown 🙁
but of course i'm happy that you did well and that bad days are behind. i wish you such a profitable days, on every single day !
should be try again today with calls ? i hope you will post update as soon as possible, thanks !