MyPivots
Sign In
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

Click image for original size
No Description Entered
AL
albert
Rep: 99
Posts: 3,094
Jim,

Well said. Thanks for taking the time to make those comments.

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Chart.

Al Kamego
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Nice KaneTrading TD ABCD completing at today's open at Fibo Retrace = 0.300.

Al Kamego

Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Thought I had a beauty setup, a Kane 4 PCP completing at a 0.382 Fibo Retrace. Wrong. Doh! I did not do my homework & dig deeper. I should have read Jim's Sunday night comments, & looked at a higher Timeframe chart. I missed the 5 min chart trendline shift from resistance-to-support and the 5 minute Higher Timeframe Kane EXP, which set up in the opposite direction.

Comments welcome.

Good Trading,

Al Kamego
Click image for original size

Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Kane Pattern-Line-Fib completing at Fibo Retrace 0.382

Al Kamego
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
My computer is down & in the shop, so I am not posting much. It is good to be reading the Kane Member's Area posts again.

Good Trading,

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Kane 4 PCP completing at Fibo Retrace=0.564 Sunday night. Today, Schiff upsloping ML set originating at overnight low. I made a bit by entering around 9AM at area of confluence of: Fibo Retraces = 0.886 & 1.272, Schiff ML Set warning line, & Simple Line & band.

Good Trading,

Al Kamego
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Er..make that a Modified Schiff ML Set.

Thanks.

AK
AL
albert
Rep: 99
Posts: 3,094
Today has a nice Kane TD ABCD completing at an adjusted ML Upper // followed by a Kane 4PCP, both completing at Fibo Retraces = 0.236. The Point C of the Kane TD was at Fibo Retrace 1.618, high, & the Point D of the Kane 4 PCP was shallow, within a tick of the 0.685 Fibo Retrace. Nice follow thru & nice 5 wave CD leg in the Kane TD ABCD. I made a bit on the Kane TD. Still paper trading. KaneTrading is awesome!!!



Al Kamego
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Kane TD ABCD. Also, a five-step pattern dropping into confluence of:
Fibo Retraces = 0.886, 1.272, 0.564, (also 0.186 of GLOBEX Lo-to-Hi)
a Division Line,
Several ML Warning Lines,
&
two Simple Lines.
& 21 bar Bollinger Band, not shown.

Good Trading,

Al Kamego
Click image for original size

Click image for original size

Click image for original size
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
Click image for original size