If you followed our last forecast, Thursday near the Tokyo open, our PMTP was precise and our inference the market would make a price action reversal offered more than 40 pips toward week-long support.
Day Trades :
Last week we issued two timely day trades with defined stop and profit targets and each trade was promptly efficient and profitable for net profits in excess of 80 pips total. I introduced our Primary Movement Timing Program (PMTP) with more than 4 alerts. All of the alerts except one was effective, precise, and profitable according to technical structures clearly seen on the 30 Minute and below.
PMTP Alerts:
Primary Movement Timing Program is designed to siganl an effective and rapid move in the market when price action is defined within technical market structures. Often times a PMTP alert will relate to a previous issued forecast. Sometimes PMTP alerts will not be accompanied by a defined trade issued by me for one or two reasons: The session is not in my regular work schedule and I may not have prepared an assessment for price action or, the session is timely and I did issue a trade or if I did not – I may or may not have had time to issue a timely alert.
Sometimes I may have been able to rapidly capture a profit or loss without timely notice. Please be reminded that in my blog posts or subsequent reporting I clearly state if I was able to personally trade it or if I did not. Additionally — I always acknowledge any failure or shortcomings if I am wrong, or if my forecast or PMTP is inaccurate. PMTP alerts offered in excess of 170 pips of profit potential.
Daily Forecast:
Finally, last weeks forecast offered very strong performance and they were extremely accurate. Forecasts may be accompanied with a trade alert and if they are not it is because, A. the forecast is in response to a move that is in motion or developing and may fall within a session I am not working or, B. the forecast is very well defined for an upcoming session which if I am working — I will issue a live trade alert to accommodate it if I can do it in a timely manner.
Forecasts for immediate events, or forecasts that predict a move in advance are always real-time and they are never issued after the fact. Please consider reviewing last weeks forecasts against the time compressions and recognize the accuracy and effectiveness along with the timely notice. Always remember that inasmuch I may offer a summary or recognize effective performance that I report — I will always summarize and announce negative results and follow-up should that be the case. If I author a forecast for which I will not be present, as was the case last week, I will do my best to clearly define the price action and events that should take place in order for you to capitalize on it or the process to minimize negative performance or losses.
A rough estimate shows that my forecasts offered in excess of 200 pips of profit potential following its issuance.
Thank you for your interest. I always plan to provide accurate forecasts, I hope that my PMTP notices will be effective and that my trade alerts will be profitable.
Britt
