Fredag

On Friday, the market was trapped between the POC from 3 and 2 weeks ago.

At least the behavior has changed. It went from Buy The Dip to Sell The Rip.

I started calling 4 30-minute closes outside the 30 BB “emotional” and 5+ closes a Hype.

That sudden vertical move back up was after an emotional move into the POC that was made 3 weeks ago to the RIP level (starting 3 pips shy of the upper BB).

The second thing was paying more attention to a move starting from the back or the front foot.

The two projection boxes link up with different depth starting moves (RSI2, 30 min). The pinkish-looking box is the target area of a front-foot move (Goldilocks to W3C-5 pips), the orange box is W3M to W3F for the back foot kick start.

These values are measured from the consolidation mean. I came up with the method of figuring the anchor point. I never encountered any literature on the subject. I decided to use the CI (Choppinesss), I changed the “full charge level” to 53 from 51, I changed the sample rate (48), and the time frame (15 min), where I thought I would end up with a relatively small candle, split it in half, and call it the mean.

The measuring stick is the 3-day ATR (excluding today).

Goldilocks is 10 pips shy of 1 ATR.

W3M is 15% extra, W3F is 30%.

The back foot is 30-minuthe RSI2 HL2 below 6, the front foot is above 6.

On the upside, similarly, use 94 instead. This is a back-foot sell.

The aim is for 1.1390 currently, but must play it by the ear behavior, which could represent an end of the Wave 2 down.


Bloody Udio buyout by Universal Music has disabled downloads. I have 3 full albums made already, but I cannot release them, including my first Hungarian album with 25 tracks on it.