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

Chart 1 10/27/09.
Chart 2 10/28/09
Chart 2 gap got filled, and a trend day ensued.
Chart 3 KaneTrading TD ABCD

Good Trading All,

Al Kamego

And some charts.

Still paper trading.

Al Kamego

KaneTrading Pattern-Line-Fib ABCD.


Good Trading All,

Al Kamego

Janek's chart got me thinking. Price has been respecting the MLs and Fibo Ratios pretty well.

Good Trading All,

Al Kamego

Looks like a lightning trade to me. Thanks Jim & roofer, & all the other Kane traders. Also 2 Simple Lines forming a downsloping wedge, with a Kane Fib-Pattern-Line rising to form the third point of the top Simple Line. First leg down from the KaneTrading Fib-Pattern line is -1.618 times the distance of Lower Simple Line to Initial Point of Top Simple Line.

Good Trading All,

Al Kamego

Gap opening, 0.886 & 1.272 Fibo Retrace, coincident with Simple Line & Standard ML Set lower ML //. Remembered roofer's Mod to Tim's 80% ML attainment rule. Made a bit on the price rise from lower ML // & 0.447 Fibo Retrace to Upper Simple Line. Some Heat (I was out), KaneTrading Fib-Pattern-Line formed & price attained ML. Thanks Jim, roofer, & all the Kane Traders.

Good Trading All,

Al KAmego

And there is a Kane TD ABCD completing at the 0.447 Fibo Retrace also. KaneTrading rocks.

Good Trading All,

Al Kamego

And the Kane TD morphing into a Kane EXP ABCD. KAne Trading rocks.

Good Trading All,

Al Kamego

Lots of nice chartwork, Al. Keep it up.

Thanks, Jim. I am trying. There is a lot to keep up with. I love it.

Good Trading All,

Al KAmego

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