This is why I like to use the 3x3...I can use it in many ways, in this particular case as a trailing stop. In this case using the 30MIN chart shift into the 5MIN price chart 3x3. Let's you ride the position all the way down without giving up much if the market turns around because of profit taking, double bottom 5MIN buying, etc. Sooner or later I expect some kind of bounce. They did manage to hit the 3x3 but the trend traders were all over it selling again.
Today the market has followed the 30MIN forecast about as perfect as anyone could ever expect. But in trading you still have to operate from the perspective of anything can happen, you must always protect your capital at all times, you do need to have a well developed plan and strategy but remain flexible, because the market is going to do what it's going to do no matter what any of us think or have planned. And last but not least stay on the correct side of the trend (3x3) along with letting your profits run until it hurts or until you can't take it anymore and have to pull it off the table. From this point on I will jut post the charts and you can decide for yourself how to use them. My commentary is really not needed and besides once I start trading which will be within the next day or so, there won't be time to make comments with an exception here and there. The clean intraday data I get isn't available until 1930/2000 so no postings will take place for for those type of charts before then. Of course a forecast can be done for any time frame or market. I do have a project underway to isolate days like we are seeing today but that could take 6 months to a year to confirm, or with no guarantee of success. Now let's make 2021 the most profitable year anyone of us have had!
This evening I will post the ES/Crude Oil/ and Eurofx 30MIN charts for Tuesday the 5th. For Wednesday the 6th I will post the 30MIN charts for the ES/Gold/ and CBOT 30Year Bonds. That way you can see the various forecast for different markets. Only you can determine their value and of course no matter how good these might be there's never any guarantee you can profit from or make them work for you.
Here are the 30MIN charts for Crude/ES/EuroFx that were posted last night. You might be saying by now yeah they're all wrong but are they? What if I posted them with reverse values like this: ALL I CAN SAY IS WELCOME TO THE NON-LINEAR WORLD OF MATHEMATICS. IN EACH INSTANCE ALL OF THESE CHARTS WERE INVERTED. WHAT IF YOU HAD BOUGHT THE 0930 BAR IN CRUDE, SOLD 0730 IN THE EUROFX OR BOUGHT THE 0900 BAR IN THE ES?
Now you know how to track these charts and how they are aligned to actual market. They can be true to form as we have seen or inverted. It won't take long to make that determination