There is nothing with better predicting power than the Money Flow Droop.

Once the sensitive level gets touched, price shall just about make it to the other end, no matter how reluctant the move would be.

The low was 1.08444

Now, I wanted to somehow the parabolic phase come with a tangible target as well.

What I am finding is that the F-1 (read it as “Ef minus one”) market when making the 3rd push, the ATR projection’s W3 far end is the needle I was looking for in the enormous Nay-stack.

I forgot to take a snapshot yesterday, but the W3 zone was 1.0872-1.0851 (close end to far end). After that the zone does not change despite of price reaching high consolidation levels.

When price popped the upper 30-minute 30-sample BB (Zero print) the market moderated to an F-0 market, which means that a Flash Gordon divergence on the downside (missing the BB) would work fine for a bottom.

W3 (orange box) plot example below. Currently only the downside shows, because price is below the purple arrow (consolidation mean).

15 min ATR targets PRO

2 full discharges made, the logical return would be an F2 pullback, 62+ pips up from the low. 1.0844+.0062 = 1.0906

I am not expecting a return beyond the E9 at this point (cca 1.0940). Why? Because the market has not reached 2.8x stretch from it. 2.24 or so this was.

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There is nothing wrong with following Felix Navidad if you are into investing and have plenty of capital.

“My trades last week = the options sold up to 45 days ago expiring”. A bit of scamming going on, but I think we could still be friends, he does way more good than bad. Investing should be boring.

Trading, particularly day trading however requires a lot more in exchange for low / borrowed funds. This stimulating environment is my reality where paying back 3 credit cards, 2 personal loans and a flat paid off at 12% to date, a full time job, heart problems and a dysfunctioning family can take one to the level of OMFG creativity.

2024 Jan 1. – Jan 17. statement