What you see below is not some spot-on, in-hindsight analysis. Nor are we pointing out - after the fact - voodoo proportions or mystical waves on these charts. What you’ll see below is sound analysis of market structure and price action, nothing else, really, with a seeming simplicity that took us ten years to distill and master. Each chart is timestamped. Trading actions were taken as events evolved on the right edge of the chart. Our Remek! Premium subscribers were with us as these trains left the station.
Dec 19, noon: our subscribers are alerted to a developing opportunity. Note that the move is fueled by the weekly bullflag, which is expected to yield several good long entry opportunities on lower timeframes. (For us, our focus is on the 240min and the daily. Some of our subscribers trade smaller charts, to them we provide support on 15min or 30min charts.)
Dec 20, 8am: SI is ready. Enter long. By 2pm the same day, we’re risk-free (full size), with strong bullish momentum, and our trailing stop protecting our downside.
Dec 23, 5pm: Note the consolidation against previous highs on the 240min SI, followed by the expected break. A classic setup in our book. Also note the same structure on GC, with a slight delay. We’re making correlation work for us.
Dec 24, 9.30am: risk-free (full size) on both GC and SI. In today’s interconnected, online trading world, some of the best moves will occur overnight.
Dec 24, 4pm: Taking partial profits. Trailing the rest.
Dec 26, 8.30am: Low volatility day expected, removed remaining position. Ready to handle the next pullback, whenever it presents itself.
