Binary_Forecasting_Service

Binary_Forecasting_Service Updated 

Introduction - With conviction in due diligence and much, much anticipation, Binary Forecasting Service presents, the route to 2360 and by extension 2600. This is basically DRAFT 6-2 completely proof-checked from all ratios of regression waves and corresponding volatility limits. Details - For background please see previous drafts. Otherwise in chart above:...

Binary_Forecasting_Service Updated 

Introduction - Against such a bullish chart, the weekly bar closed "UGLY AF". This obviously implicates a break of 2145 support to 2138 on Monday and perhaps lower on Tuesday. What is not obvious but maybe should be is that BFS trend engine still screaming for a test of 44-year trend line at 2350, at least three if not six times ahead of June 12th FOMC. ...

Binary_Forecasting_Service Updated 

Introduction - This is the last series for GOLD's rally. The bulls in their hubris have offended the GOLD gods which demand that 2100-2110 be tested on or before 03/28 ahead of Good Friday. This also means the true support trend line since 1983 will be tested. This is DRAFT 6-1 because if bulls fail to defend this line and move higher to 2340 AHEAD OF MAY 1ST...

Binary_Forecasting_Service Updated 

Introduction - Despite what the cynics may say, we are heading for 2350. The delay in time will be made up in price, ultimately past 5000 in fall of 2025. This draft deals specifically with the 6 rejections near 2350. Details - So what I think I know - and I am aware of the ugly daily bar that has detractors calling for a 3-month check down to 2080 - is that...

Binary_Forecasting_Service Updated 

Introduction - After failing to follow through with the same setup in DRAFT 3 for last Thursday's PPI release, the GOLD gods surprised with a last second completion of DRAFT 2's move to 2220. This means 2300 is the target for next Tuesday, 3/26. However, 2345 is going to have to wait a bit longer. Details - See previous drafts for background and recent notes...

Binary_Forecasting_Service Updated 

Long Introduction -This is the second draft for 2340-2550-3000 as a singular move in 80 days. If you think a sell off to 2150 going to make me back off this call, in the words of Adam M. Grant, you need to think again. I promised 2345 in March and 2550 in April and so shall I deliver if within my power. That is, frankly not within my power. Those powers belong...

Binary_Forecasting_Service Updated 

Introduction - This is what Binary Forecasting Service's trend engine says should happen in 48 hours, completely detailed. Details - I've confirmed the likelihood of the first part with no boxes. That is: 1) zig-zag to PPI at about 2175 2) explode to 2215 3) check-down the previous 2195 high 4) bounce and close NEAR OR AT HIGH OF DAY 5) this point is...

Binary_Forecasting_Service Updated 

Introduction - So I've been writing the 2340 series and moving the dates back and forth. I realize now, that the whole move should be understood in one frame. This is that frame. This is the work that I have worked on for 8 years, to be able to make this call. I have checked, confirmed, verified etc... that I am correct in presenting this forecast. So with...

Binary_Forecasting_Service Updated 

Introduction - By popular demand, Binary Forecasting Service's trend engine has second adjustment to 2340 schedule to finish this series the right way. Originally called for Monday 03/18, to account for retracing/profit-taking, the short-term trend followers are relentless and refuse to allow gold a retrace bigger than 20 points since 1983 on Valentine's Day. ...

Binary_Forecasting_Service Updated 

Introduction - With the break of 102.50, Binary Forecasting Service's trend engine signals that the Dollar Index is in waterfall mode. This super bearish trend signal is screaming that DX will hit AT LEAST 97.75 in seven trading days by 03/19. The implications of THIS GIANT MOVE in the index has wide reaching implications for the entire global market. Details -...

Binary_Forecasting_Service Updated 

Introduction - Draft 1 saw 105,000 on Tuesday 3/12. Part of that was my making a rookie bar size mistake. This is the adjusted forecast for Bitcoin's next 9 trading days, with respect to Binary Forecasting Service's trend engine expectations of a waterfall crash in the Dollar Index and GOLD's move to 2540 in that same time frame. Details - First, this is a...

Binary_Forecasting_Service Updated 

Introduction - Haven't done Bitcoin in a while because I hate it. Why would you hate it? When I talk about gold or silver, I don't capitalize. But when I type, auto-correct makes it "Bitcoin" when I have no intention of capitalizing. This is a crypto coin, not "God" ok? There will be a day when you will be embarrassed. However, that day is not in the next...

Binary_Forecasting_Service Updated 

Introduction - This continues from notes in DRAFT 2 published a few hours ago. Details - See previous drafts/posts for details.

Binary_Forecasting_Service Updated 

Introduction - Price decided to follow route for DRAFT 0 instead of DRAFT 1 for NFP. Not only that, we can't get a 2% correction for profit taking. So the only route left, with so little time left involves 2215 high Sunday night, 2165 Monday check down, gearing up for CPI by Tuesday AM and 2340 by Wednesday morning. Details - See previous drafts for how we got here.

Binary_Forecasting_Service Updated 

Introduction - In "DRAFT 0", Binary Forecasting Service verified that 2340 was indeed coming. Originally, trend engine schedule it for Friday 03/15 but I added Monday 03/18 as room for error. However, it seems that I was too careful, because trend engine is now calling for 2340 by 2 AM ET, on Wednesday, 03/13. Details - I am publishing first and adding details...

Binary_Forecasting_Service Updated 

Introduction - So 02/21, at 2027, I started 2150 by 03/08. That was 6.07% in12 trading days, but hit today with 2 days to spare. I'm not saying this to brag, but who else on TradingView saw that coming? So what? That's old news. The old way used to be, "What have you done for me lately?" The new world is now, "What can you do for me in 8 trading days?" With...

Binary_Forecasting_Service Updated 

INTRODUCTION - From previous notes in DRAFT 6, we are here now. IF BOLD LINE BREAKS EARLY, then DRAFT 5 may complete tonight. I find that hard to believe, but DRAFT 5 route HAS NOT been eliminated. Otherwise, the favorite move is check down now to 2096 and/or 2088 (tonight or tomorrow) followed by CLOSING FRIDAY 2200. But if price breaks that bold line, then I...

Binary_Forecasting_Service Updated 

Introduction - This is DRAFT 6 for 2150. We hit 2120 today. Trend engine says 2200 Tuesday morning. Followed 2100 on Wednesday. Details - See previous drafts for details.