Hi Jim,
Thanks for opening this Forum to your students and giving us an opportunity to show our charts and share our ideas.
Here is a chart of todays ABCD's in the russell. I will post a context chart later. Today was one of those days where the market changes direction on Jim's unique Fib numbers, Had you been trading with standard fib numbers you may not have noticed these PTA's. Is it me or is .564 becomming more and more prevalent?
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JI
jimkane
Rep: 3,058
Posts: 33,089
Glad I held off with those clubs. On a scale of 1 to 10 I rate today's action a 15.
TO
TonyC
Rep: 99
Posts: 471
yes, Awesome day of trading...That .382 area on the daily MR(actually on my 180min chart)had very nice synergy to it.It gave enough of a context to play today's ramp up action.Now,that's the kind of price action I like .
J, thanks, hope u can find some time to reply to my earlier questions...I'll be waiting patiently.
T
J, thanks, hope u can find some time to reply to my earlier questions...I'll be waiting patiently.
T
JI
jimkane
Rep: 3,058
Posts: 33,089
FORE! Well, I'm at least going to go and practice some putting in the yard. I want to keep watching, in case it gets hot again like yesterday. This action is NUTS. Long live the bubble frenzy.

