Speculator'a diary, first entry (06.10.2023).

costforecast

Trader
Jan 23, 2022
40
1
24
49
Entry №12 (05.12.2023).
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Deal with EUR/MXN.

As of 12/05/2023, one of the possible scenarios for the development of the dynamics of quotations of the EUR/MXN currency pair could be a model according to which in the fractal structure after the completion of the fractal on the time interval (06/13/2018; 11/04/2022), indicated in red and being 1- The 1st segment per unit higher order of the blue fractal, the formation of the 2nd segment of the blue fractal, indicated in purple on the time interval (11/04/2022; 02/25/2024) has been underway since November 4, 2022 (Fig. 12-1).​
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Fig. 12-1​
The 1st segment of the red fractal was formed on the time interval (06/13/2018; 02/20/2020) in the form of a fractal, which is indicated in pink. The 2nd segment of the red fractal was formed on the time interval (02/20/2020; 08/04/2020) in the form of a fractal, the segments of which are indicated in dark green. The 3rd segment of the red fractal was formed in the time interval (08/04/2020; 11/04/2022) in the form of a light green fractal.

At the moment, it seems most likely that the 2nd segment of the blue fractal will be formed in the fractal structure in the form of fractal F№12 (from the Niro Alphabet), which is indicated in Fig. 12-1 in purple.

Based on the above assumptions, we can say that the current dynamics of EUR/MXN quotes are in the stage of formation of the 3rd segment of the blue fractal, which is the 1st segment of a fractal of a higher order, indicated in purple (Fig. 12-2).​
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Fig. 12-2​
In this case, the 1st segment of the blue fractal was formed on the time interval (11/04/2022; 04/26/2023) in the form of a gray fractal. The 2nd segment of the blue fractal was formed on the time interval (04/26/2023; 08/25/2023) in the form of an orange fractal (Fig. 12-2).

It seems most likely that EUR/MXN quotes will rise to 21.45 as part of the formation of the 3rd segment of the fractal, which is indicated in bright green. The completion of the bright green fractal will mean the completion of the 3rd segment of the blue fractal and the completion of the 1st segment of the violet fractal.

In this regard, a decision was made to open a long position on the EUR/MXN instrument on the “marketforecast” account at the current quote of 18.94212 with a volume of 0.01 lot (Fig. 12-3).​
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Fig. 12-3
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See the hidden! More to come.​

You can monitor transactions carried out on your accounts online by following the links posted on the costforecast website in the “trading signals” section: https://costforecast.bitrix24.site/tradingsignals-en/
Read all Diary entries on the costforecast website at the link: https://costforecast.bitrix24.site/blog1-2-en/
 

costforecast

Trader
Jan 23, 2022
40
1
24
49
Entry №13 (05.12.2023).
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Deal with GBP/USD.

The current analysis of the global fractal structure of the graph of the dynamics of quotes of the GBP/USD currency pair gives reason to assume that on the time interval (09.26.2022; 07.13.2023) fractal F№31 (from the Niro Alphabet) indicated by a thick green line represents the 1st segment of the fractal per unit higher order, which is indicated in blue (Fig. 13-1).​
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Fig. 13-1​
In this case, fractal F№21 indicated by a thick red line on the time interval (07/13/2023; 10/13/2023) will be the 2nd segment of the blue fractal.
Based on these assumptions, we can conclude that the current dynamics of GBP/USD quotes takes place within the framework of the formation of the 3rd segment of the blue fractal, that is, future dynamics will take place in an upward trend.
Now it seems most likely that GBP/USD quotes will continue to grow within the framework of the formation of the 3rd segment of the fractal, which is indicated in purple on the chart, taking into account the fact that the 1st segment of the purple fractal was formed on the time interval (10/13/2023; 11/29/2023) in in the form of a bright green fractal, and the 2nd segment of the purple fractal was formed on the time interval (11/29/2023; 12/05/2023) by fractal F№23 (from Alphabet Niro).
Based on the results of the fractal analysis, it was decided to open a long position on the GBP/USD instrument with a volume of 0.01 lot on the “priceforecast” account (Fig. 13-2).​
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Fig. 13-2
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See the hidden! More to come.​

You can monitor transactions carried out on your accounts online by following the links posted on the costforecast website in the “trading signals” section: https://costforecast.bitrix24.site/tradingsignals-en/
Read all Diary entries on the costforecast website at the link: https://costforecast.bitrix24.site/blog1-2-en/
 

costforecast

Trader
Jan 23, 2022
40
1
24
49
Entry №14 (08.12.2023). Yield 21'887 %.
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Deal with XAU/USD. Yield 21'887,33 %.

The dynamics of gold quotes for 12/08/2023 showed that in the fractal structure of the chart on the time interval (11/29/2023; 12/04/2023), the fractal indicated in pale red cannot be considered as the 2nd segment of the blue fractal (Fig. 14-1). A continued decline in quotes may indicate that the 2nd segment of the blue fractal is still being formed.​
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Fig. 14-1​
A long position on the XAU/USD instrument, which was opened on December 4, 2023 on the “costforecast” account with a volume of 0.06 lot at a quote of 2108.65, was closed at a price of 2003.55. A change in value of 4.98% brought a loss of -645.17USD. The position was closed at $2003.55 per ounce due to the high probability of continued decline in quotes, followed by forced closure of the position via a margin call if the price drops below $2003.55 by another $9.
Despite the decline in quotations, it is too early to revise the previously made model of the future dynamics of gold quotations. The scenario in which a blue fractal should form in the fractal structure still remains a priority.
In this case, the assumption that on the time interval (11/13/2023; 11/29/2023) the fractal indicated in green is the 1st segment of a fractal of one higher order of blue color, implies the completion of the 2nd segment of this blue fractal at a level not lower than 1977 .39 dollars (P2=0.618*P1) (Fig. 14-2).​
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Fig. 14-2​
Taking into account this assumption, the 2nd segment of the blue fractal can be formed in the form of fractal F№12 (from the Niro Alphabet), which is indicated on the chart in brown with the parameters: P3=2*P1 and T3=1.382*T1.
After which, the growth of quotes should continue within the framework of the formation of the 3rd segment of the blue fractal, the completion of which will mean the completion of the 1st segment of the bright green fractal, which has an order of one more, followed by a corrective movement down and the formation of the 2nd segment of the bright green fractal with parameters: P2=0.382*P1 and T2=0.236*T1.
Based on the global fractal structure, dictating an upward trend with rewriting of the maximums and taking into account the possible formation of a brown fractal F№22, the 3rd segment of which is indicated by a dotted line as 3N, a decision was made immediately after closing a long position with a volume of 0.06 lot immediately open a new long position with a volume of 0.01 lot at a price of $2003.81 per troy ounce (Fig. 14-3).​
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Fig. 14-3​
The profitability of completed transactions is 21,887.33%. Positions opened on different trading accounts are marked in the consolidated table with a yellow shading (Fig. 14-4).​
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Fig. 14-4
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See the hidden! More to come.​

You can monitor transactions carried out on your accounts online by following the links posted on the costforecast website in the “trading signals” section: https://costforecast.bitrix24.site/tradingsignals-en/
Read all Diary entries on the costforecast website at the link: https://costforecast.bitrix24.site/blog1-2-en/