Are you looking to make money this week? Watch this forecast to see what kind of action we’re going to have this week. Whether you’re just getting started or a trading veteran, this weekly forecast is for you. Don’t miss this weekly forecast!
This is March 20th 2016. This is Paul Wett with www.WettTraderLLC.com folks telling you your forecast for this weekend, 25th of March – Friday.
Take a look what kind of action we’ll gonna have this week folks. We’ll be going up, up, up. We are looking for a five bar high, obviously definition of a trend, higher highs and higher lows. Definitely we had not made a lower low here, a higher low is where I want to get back in on. So that’s the part where it gets pretty tricky people, we can make a lot of money here but these little short drops and things like these, this is where people really get banged up that’s why you really need to take a look at WettTraderLLC.com folks! Let me tell you why, because it will tell you where are the numbers are and since it uses a six point stop folks and the market reverses, you get right back in the action and that’s what I love about it.
Same thing here, this is the daily folks, this was the last (one, two, three) four bar low here. So this was a higher low, this was a higher low, so if you look on the right here, we have not put in the five bar high and that’s where we’re looking for here. So we have a lot of resistance over here folks, obviously we have the support and resistance right on these areas, got gap in action over this area here. Down here, we got support down here, we got support here. So I just want to look at the numbers folks, it’s pretty easy for me.
So let’s take a look at the numbers. This is what the software does, the software generates these numbers for you, I’m just front running it so you see what’s gonna happen. Now if I’m looking here for my daily or my five bar weekly highs, I got sell numbers here at 2040.64, 41 (2040.94) right? that’s the daily weekly. Then all I do is I look on my Wett Trader Software and I see my timelines up and here, we do have a trade day, this is my time. So it could be one but it’s gonna be confirmed. How de we confirm it? Two way folks, if you’re aggressive traders, what I do is its got to hit that number, not trade six points past it and close six points below it. Once that happens, I start going the other way with my PP like I’ll go sell, sell the PP, sell the PP, sell the PP, sell R1 all the way down until we reverse again and try to put a low in.
Now same thing with my weekly, I got time here, bought. This is the new week folks and I got time this week, and I got another number here at 2056.00. So what I do folks is I really let the market tell me what it wants to do right? I just pretend that the market is like a train and I look at the direction and I get on board. When the train keeps, see? look at this! 2051.13 sell, 2063.06 sell. So all I’m gonna do right now is look at my. One if we trade 35, lower, I’ll start looking to sell until we find some support and another buy, buy, buy. We got a PP at 2025.50, that’s a good area to buy, buy, buy as well.
This is what something I wanna show you folks, this is for tomorrow’s trade on Monday. PP is 36, closed 38 on friday. Tells me possible breakout folks! Here’s my 2045.33 look at that! 2051.92 (52) interesting! 2051.92 (52) will be our R1. 2056 and we got a 2051.13 here as well. Wow! I like these numbers, I love it when it works! 2045.31, 2056.97 here too so we got some areas to look and see and like I said folks I’ve got to wait till a reversal shows up before I wanna go the other way. Meantime, all I want to do is buy, buy, buy. So the next level that we’re gonna be looking at for this week is 2056.00 then 2073.25 obviously. 26 (2036) is where we’re at right now, we have gone to 42 (that’s six points). So this is the monthly folks, this is the 25th at the end of this week. (26th) So I would say that this is gonna be pretty interesting, it’s all I’m gonna say. Because if we don’t penetrate this 2042.75 folks because that’s usually your tolerance, plus or minus six points. Our 1919.50 has it and that one, that’s money to be made. Money to be made folks.
Won’t scare me at all but we don’t have much time to hit this PP is all I got to say. Today is 03/20, we’ve came to 1958.00 for the month, we’ve rallied substantially near 80 – 90 points so www.WettTraderLLC.com TRY IT! Folks, you guys are gonna like it. This is totally automated. This thing look at this, trying to fill this gap right here in the open, boom, boom, boom, automatic buy. Right click here folks, you have all your numbers right here. Right here, daily look at this! 2036.17 , 2029.58 (30), previous 2027 (27) like I said “breakout day”. You got time, another good way to confirm a reversal from more conservative traders, we have to penetrate this low because that and what are we doing? we’re gonna break the higher high and higher low because we’re gonna go lower than this low on the daily and I know but that’s where it starts folks, that’s where it starts. So agressive guys we wait till 35, more conservative, go lower but like what I’ve said, I think, you know the market doesn’t turn, turn on a dime but I guarantee that we’ll gonna have some fun. So try the demo! www.WettTraderLLC.com I’ll catch up with you with the midweek report to see how we’re doing, see if we take the high out, see if we hit this monthly PP www.WettTraderLLC.com
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