YMH1, price rotations, formula (3, -1) trending
Hi,
5 January:
YMH1 (3, -1) formula, [(17x3), (-24)] breakout [(24x3), (-20)] then +22, -25, +20 pts. into close: From 03:40 low range, 11543-11560, breakout @ 11560. 11543 + (17 x 3) = 11594 (11604 was 1st reversal down >17). 11604-24= 11580. breakout at 11604+ (24 x 3)= 11676 (11681 1st reversal -24 pts) 11681-20=11661 then +22 pts... to 11683 (high, then -25 pts, +22 pts. into the close. to 11683 (high). 13:15PST settle: 11664.
6 January: Stretch calculation (and respective Stretch Fibs) strategy.
YMH1 tested 11654 early A session low in a Stretch range (20 points)before breaking out by 2.618% of today's Stretch to today's high, 11708. 11706= 11654+52. 11708 is a benchmark high. 11708 -4.25% of today's Stretch, i.e,. 11708-85=11623. 11614 is the 6 January low.
I usually trade, with success, price rotations that correlate Fibonaccis of the Stretch ratios.
5 January:
YMH1 (3, -1) formula, [(17x3), (-24)] breakout [(24x3), (-20)] then +22, -25, +20 pts. into close: From 03:40 low range, 11543-11560, breakout @ 11560. 11543 + (17 x 3) = 11594 (11604 was 1st reversal down >17). 11604-24= 11580. breakout at 11604+ (24 x 3)= 11676 (11681 1st reversal -24 pts) 11681-20=11661 then +22 pts... to 11683 (high, then -25 pts, +22 pts. into the close. to 11683 (high). 13:15PST settle: 11664.
6 January: Stretch calculation (and respective Stretch Fibs) strategy.
YMH1 tested 11654 early A session low in a Stretch range (20 points)before breaking out by 2.618% of today's Stretch to today's high, 11708. 11706= 11654+52. 11708 is a benchmark high. 11708 -4.25% of today's Stretch, i.e,. 11708-85=11623. 11614 is the 6 January low.
I usually trade, with success, price rotations that correlate Fibonaccis of the Stretch ratios.
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