Based on the trading I did with my partner this morning, I just coded this second alert for one-hour binary options, and this one DOES tell me when to enter positions. In loading both indicators from these last two entries on the same chart, I've realized that the alert from Post #130 is now unnecessary, because when this signal from Post #131 tells you to go long, you will already be watching for the top of the corresponding leg; conversely, when it tells you to short a given asset, you will already be monitoring the position for when it reaches the bottom.
Monday, February 10, 2025 | 4:50 PM PST As preparation for "going big" with respect to my trading, I'm currently in the process of conducting a "study" to determine the ideal time frame for optimizing the frequency and size of my returns given the measures I use. My system (Numerical Price Prediction) is essentially a fractal-based approach predicated on the belief that market movements often repeat in similar patterns across different time frames, similar to how fractals appear in nature, wherein I use fractal patterns identified on price charts to predict potential trend reversals and trading opportunities. Yesterday was Phase I of the project. Today is Phase II, and my first test will be USDJPY. Given the positional locational of the pair within the lower portion of the intraday price flow channel, I've concluded that the statistical odds of the U.S. dollar-Japanese yen being higher than its present location 12 hours from now is greater than 50/50. As you can see from the order ticket below, deriv.com agrees with me, seeing as how they will only pay me $5.77 on a call contract, but offered $7.67 on a put contract... Oops! It looks like I accidentally purchased the AUDJPY instead. Nonetheless, purchasing the corresponding contract was premature in that the immediate trend is presently headed south. Technically, I should wait until I see it maneuvering a northbound reversal before pulling the trigger, but since my present situation does not make it possible for me to monitor developments around the clock, I've purchased the contract now anyway. At this point, it's simply a matter of waiting to see what happens—whether things unfold as I anticipate, or if I'm going to need to make adjustments.
No adjustments necessary. Tuesday, February 11, 2025 | 9:45 PM PST NOTES TO SELF: I will be guided primarily by the positional relationship of the yellow green 5-minute baseline with respect to the yellow 16-minute baseline. This will be in tandem with the slope of the yellow 16-minute moving average and red 20-minute moving average; not to mention the positional relationship of the former with respect to the latter. I will also be referencing or monitoring the slope of the aqua eight-minute price range envelope at 0.03% deviation, as well as the black 28-minute temporal support/resistance channel. And by the way, do not enter positions unless candlesticks are located, at the very least, at the midpoints of these last two measures, though it would be even better to enter from their contrarian sides. Next on the list of things to keep track of are the slopes of the slate blue 30-minute price range envelope at 0.10% deviation and the chocolate 40-minute price range envelope, also at 0.10% deviation; and whether price action is taking place primarily in the upper or lower halves of these two channels; or vacillating between them, crisscrossing up and down into both domains. If the 30- and 40-minute measures are essentially neutral (if a given asset is in consolidation, accumulation or distribution) watch for price to bounce off or be rejected at the upper or lower bands of these measures, as appropriate, which constitute statistical resistance and support levels respectively. Moreover, generally speaking, you want to be buying an asset if its price action is taking place primarily above the green 90-minute baseline, especially if the measure is sloping upward; or selling if candlesticks are primarily painting below the measure, especially if it is angled downward.
Watching the market this morning, I'm going to have to reevaluate whether, when things are really rolling, if it isn't actually the positional relationship of one-minute price action with respect to the yellow green 5-minute baseline the should in fact be my primary guide (in tandem with the slope of the aqua eight-minute price range envelope at 0.03% deviation, which must confirm). By the way, again, when "things are really rolling," the eight-minute measure no longer functions as a price range envelope, but operates instead as a price flow channel.