Mar YM, Stretch price rotation strategy (3, -1), fade first move
Interesting pattern basis March YM: (3, -1), i.e., 3 is with the trend and -1 is counter trend, and trading the Stretch calculation (23=X) from unchanged...Gap up open 11344 to 11356-first minute high 11367. Fill the gap to unchanged, i.e., 11344-23=11321, i.e., (-1) (low 11316) reverse up X to unchanged (11344), twice (11367) and thrice to 11390 (13 Dec B session high: 11395). Theory (3, -1) trending and counter trend (3, -1), (3, -2) and (3, -3). If you know who produced this (3, -1), etc., theory, please post the source. I read it last decade and have been making money with it. Again thank you for this blog platform.
Interesting pattern... basis March YM: Stretch calculation = 23. 13 December high: 11418 and low: 11316= 102. Fibonacci ratio 4.25% of today's Stretch (23) calculation = 97. 11418 - 2.618% = 11358. Fibonacci ratio 2.618% of today's Stretch = 60. 11418 - 60 = 11358. Last hour decline low: 11357. 13 Dec close = 11363. 60 points divided by 97 points = Fibonacci ratio 0.618%. Balance and symmetry where markets defy physics.
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