Wednesday, January 6, 2016

[FXP] update

In the backlink I provided the model below.


The updated model shows that that post was almost $7 ago.  If my model continues to be as accurate as it has then 3 of C is on deck and it should begin to move quickly as shown below.  Yo - I even nailed the pull back at the down sloping top rail on this one.  Yes part of it is luck but EW is the embodiment of the old saying that fortune favors the prepared mind.

I wonder to those who think there is nothing to all of this - is a professional fisherman just lucky?  Or does he combine some luck with some understanding of his quarry in order to increase his odds of catching fish?

Just sayin'.

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