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AL
albert
Rep: 99
Posts: 3,094
Here are some of my paper trades that I do during the day. I know that Jim pointed out that I have done mostly YM charts, & that is true, but I decided to do some ES paper trading also, so it is be easier for me to relate to the fantastic contributions in ES and other trading that this forum's members are making.

Here are some paper trades today. Kane Trading methods rock!

Kane 4 PCP (won), Kane EXP (exited too early, lost), & Kane Fib-Pattern-Line (won).

Good Trading All,

Al Kamego

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AL
albert
Rep: 99
Posts: 3,094
Gap opening. Kane Fib-Pattern-Line completing at Fibo Retrace 0.685, 1.382, & 1.272, with Simple Line & ML lower // coincidence. AB=CD in the BC leg, also.
Kane 4 P completing at Fibo Retrace 0.618 with Simple Line & ML lower // coincidence.

Good Trading,

Al Kamego


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AL
albert
Rep: 99
Posts: 3,094
Er,

Regarding "Kane 4 P completing at Fibo Retrace 0.618 with Simple Line & ML lower // coincidence."

Please change that "completing at Fibo Retrace 0.618"

to

"completing at Fibo Retrace 0.564"

Thanks
Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Just some observations based on Marco's description of Globex session ES Z9 price action.

Good Trading to all,

Al Kamego

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AL
albert
Rep: 99
Posts: 3,094
GLOBEX versus RTH. 0.886 Fibo Retrace and Gap leading to a trend day. It seems so easy, in hindsight. Note to self: Al, do the work. Look at EOD price action.

Good Trading All,

Al Kamego

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AL
albert
Rep: 99
Posts: 3,094
Beauty Kane TD ABCD completing at Fibo Retrace 0.300.

Good Trading All,

Al Kamego

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AL
albert
Rep: 99
Posts: 3,094
Yow! What a sweet day. So many KaneTrading patterns! I sold on a KaneTrading DB with an ABCD in the tail which completed at Fibo Retrace 0.382. I put on more that one contract for the first time for me in a long time and was very pleased with the results. KaneTrading rocks.

Good Trading All,

Al Kamego



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AL
albert
Rep: 99
Posts: 3,094
PreOpen: 0.886 Fibo Retrace, 1.272 Fibo Retrace, Simple Line, KaneTrading Double Bottom SELL, price retraced 1.272 DB PtC to Pt D distance, reversed at Fibo Retrace 0.886, 1.272, & DBS BUY. Kane Trading rocks. Thanks Jim, roofer, & all the Kane Traders.

Good Trading All,

Al Kamego

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AL
albert
Rep: 99
Posts: 3,094
And I forgot to mention the KAneTrading DT.

Good Trading All.

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
And I meant to say "retrace Pt B to Pt C" distance instead of "Pt C to Pt D" distance. Sorry about that.

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Er..please scratch that last entry. Thanks.

Good Trading All,

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Yes, I am still trying to learn more about context. Here is a Kane Flat/EXP ABCD completing at 0.300/0.447 fibo. Kane Flat ABCD Point D gets resistance at Profit Target from previous Head and Shoulders. Cool.

Good Trading,

Al Kamego
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