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

Lightning Trade.

Best Wishes,

Al Kamego

Gap and a trend day, 0.886/1.128 Fibo Retrace & Simple Line confluence, and a Kane Pattern-Fib-Line.

Al Kamego

Nice opening for sure.
RTH
Confluence of:
0.954 Fibo Retrace
1.128 Fibo Retrace
1.618 Fibo Retrace
and
Simple Line Support
in 990 - 991 area.
Gap Opening
Previous Day's Close on 2 min Closing Bar =992.75
Today's Open on 2 min Opening Bar =990.50
Even though 2 min opening bar high closed the gap, I consider this still a gap. Comments welcome.
GLOBEX
Kane 4 PCP BUY in preopen
Kane Trading rocks!

Good Trading to All,

Al Kamego

That's the 4PT I mentioned in the SPX thread, Al. Totally sweet it was.

Jim,

My apologies. I should have referred to your comment in the SPX thread to avoid confusion. Yes, it is sweet.

Al Kamego

No need to make the reference, Al, this is your thread to post your charts. I just meant, yes, you saw the same setup I did this AM, and it was a great one.

It certainly was.

Al Kamego

I just thought this was very interesting. I just wanted to know what the Fibo Ruler time measurement was.

Best Wishes,

Al Kamego

Still paper trading.

First chart, Kane Pattern-Line-Fib, 1.460AB=CD, confluent with Simple Line Resistance and 0.886/1.128 Fibo Retrace.

Second chart, Kane TD ABCD, Point D completing within a tick of 0.685 Fibo Retrace & completing at 0.382 Fibo Retrace.

Third chart, Kane Flat ABCD completing at 0.382 Fibo Retrace, segue into Kane Pattern-Fib-Line, 1.460AB=CD and Kane 1.460 Double Barrel Shotgun confluence.

The Kane 1.460 Fibo Retrace is getting a lot of use.


Good Trading All,

Al Kamego

Great trading day for the Kane methods.

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