maybe a chart will switch on a light bulb in somebody's mind.
check this out, red arrows
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TO
TonyC
Rep: 99
Posts: 471
ok come on wake up guys! things are happening!
maybe a chart will switch on a light bulb in somebody's mind.
check this out, red arrows
maybe a chart will switch on a light bulb in somebody's mind.
check this out, red arrows
TO
TonyC
Rep: 99
Posts: 471
If this goes down some more, I've got a nice tight area around 923 and one more below that too near 915 level.but that does not matter since I'm just trailing my stops and will get out whenever it turns on me.
TO
TonyC
Rep: 99
Posts: 471
this AM has a gap down, so where are the .886 and 1.128? let's see...
Btw Jim, what range period are u using for the Initial Balance? I've seen disparate ways to get this but what,in ur opinion, is a useful range in your experience? for my part im using the last 30min range(9am-9:30am) before open AND the first 30min range 9:30am-10am together and then compute the 50% 100% above and below.I've got some decent results with that.But Im just curious what you and the other KT traders do with the IB.
T
Btw Jim, what range period are u using for the Initial Balance? I've seen disparate ways to get this but what,in ur opinion, is a useful range in your experience? for my part im using the last 30min range(9am-9:30am) before open AND the first 30min range 9:30am-10am together and then compute the 50% 100% above and below.I've got some decent results with that.But Im just curious what you and the other KT traders do with the IB.
T
TO
TonyC
Rep: 99
Posts: 471
Bonus, Here's my 'in advance' chart work... for what it's worth. We might never get to those areas but hey it doesn' hurt to be prepared.
Click image for original size
TO
TonyC
Rep: 99
Posts: 471
Im making the effort to post ALL OUT, so if this ain't getting any life in the forum then I shall rest silent 'til the end of time... nah til tomorow lol
T
T
AL
albert
Rep: 99
Posts: 3,094
T,
Please keep talking. I am seeing a post-gap nexus of 0.886 & 1.128 Fibo levels and Simple Lines at about 933. Nice Kane DB in preopen & nice Kane DB after open. I was surprised price went down, I was expecting a reversal up at around 933, because of Fibo retrace & Simple Line confluence.
Al Kamego
Please keep talking. I am seeing a post-gap nexus of 0.886 & 1.128 Fibo levels and Simple Lines at about 933. Nice Kane DB in preopen & nice Kane DB after open. I was surprised price went down, I was expecting a reversal up at around 933, because of Fibo retrace & Simple Line confluence.
Al Kamego
Click image for original size
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
quote:Thanks for all the posts, T. For IB I use the first 60-min RTH bar. I've seen all the various ways, and Ray Barros is working a cool 90-min variation, but for me and my work, a simple 60-min IB works really well.
Originally posted by TonyC
this AM has a gap down, so where are the .886 and 1.128? let's see...
Btw Jim, what range period are u using for the Initial Balance? I've seen disparate ways to get this but what,in ur opinion, is a useful range in your experience? for my part im using the last 30min range(9am-9:30am) before open AND the first 30min range 9:30am-10am together and then compute the 50% 100% above and below.I've got some decent results with that.But Im just curious what you and the other KT traders do with the IB.
T
JI
jimkane
Rep: 3,058
Posts: 33,089
Another nice finish. Not making any claims here, but they sure like to give away free money with their ramps, don't they?
JI
jimkane
Rep: 3,058
Posts: 33,089
quote:Pretty much rocketed up off your higher area, T, hence my free money comment.
Originally posted by TonyC
Bonus, Here's my 'in advance' chart work... for what it's worth. We might never get to those areas but hey it doesn' hurt to be prepared.
Click image for original size