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

I just now spotted the Double Barred Shotgun that hit overnight. I guess that I post for the benefit of myself, primarily.

Good Trading to All,

Al Kamego

It benefits others, too, Al, but even if it only benefitted you, that's good enough.

Now, what pattern is right here? I'm not saying it will necessarily play out (and I'm not saying it won't), but everyone should be aware of it.

Kane EXP ABCD Sell?

Al Kamego

Yes.

Yay!

Al Kamego

Thanks Al nice chart I noticed it on nonglobex where I think it
fited well in an adjusted set I think it is hard to know when to use globex or not.

Mats

The really curious thing is we are so far above the IB 100% that I have rarely, almost never, seen a reversal on a day like that. But the IB is fairly narrow range, and so if one did reverse, that would be the kind of IB I'd expect it on. But, overall, I have to say I expect higher based on price action so far. We'll see.

quote:

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Originally posted by Mats

Thanks Al nice chart I noticed it on nonglobex where I think it
fited well in an adjusted set I think it is hard to know when to use globex or not.

Mats

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Right now I do both Mats, and see if anything falls in with where the pattern dictates.

OK thanks !

Thanks Mats.

Al

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