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    TonyC
    Rep: 99
    Posts: 471
    1
    futures are on the move tonight. nice break off a clean setup PTA.


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    TO
    TonyC
    Rep: 99
    Posts: 471
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    Also watching the DX while ES pops up. So far DX not budging much...interesting divergence and maybe DX is leading this time or just waiting to launch when equities get slapped back down hard...watching watching I am.

    TO
    TonyC
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    (Edited )
    The trading desks overseas are getting busy while most of US are sleeping...globalization and round the clock trading is upon us. Tough to go at it solo all day all night all day all night etc.
    TO
    TonyC
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    Posts: 471
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    morning extension gap on open. Watching for climactic action and context for reversal of the daily trend, if that ever occurs. 200% bullish people out there, yet we've just retraced only about 30% of the entire bear. If this was the ultimate bull market, we should be at new all time highs by now.Are they letting everyone profit from this bull market? the crowd and regular Joe wins it all and commercials just holding the bags?!!? Sorry I can't see that happening.Anyways, Im just riding the trend, fake or real...
    Im not sayin', Im just sayin'.
    T
    TO
    TonyC
    Rep: 99
    Posts: 471
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    ok they closed that gap hard. It's over before it even begins.
    TO
    TonyC
    Rep: 99
    Posts: 471
    1
    update chart to the overnight setup... nice windfall for me but now it's acting like it wants to crash.

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    TO
    TonyC
    Rep: 99
    Posts: 471
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    nice talkin' to myself again...is anyone in on the action?
    =|
    DU
    Duane
    Rep: 100
    Posts: 1,095
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    Nice charts T, I have had some brilliant conversations with myself by the way. :) I'm trading FOREX, oil, and gold at the moment, haven't kept up with ES. Nice charts though!!
    AL
    albert
    Rep: 99
    Posts: 3,094
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    T,

    Great analysis, trading, and comments. I especially like the "Im not sayin', Im just sayin'" comment.

    I am not taking part in the action, still having difficulty pulling the trigger, so, just watching. Here is what I see.
    1. Kane Type 2 test
    2. Kane Fib-Pattern-Line
    3. Kane TD
    4, Kane TD

    Comments welcome,

    Al Kamego

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    DU
    Duane
    Rep: 100
    Posts: 1,095
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    Albert,

    Really nice charts and analysis!! I must say your charts have come a long way, great job and keep up the good work!!
    AL
    albert
    Rep: 99
    Posts: 3,094
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    Thanks, Duane.

    Al Kamego
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    Yes, T, I wanted to comment when it was just getting started, but I was too busy dealing with it as it unfolded. That was my best setup after the morning. I'm sure you saw the W2 DB ABCD, too, 1.460 and .564 dead on overlap to the tick, in case one didn't get the initial reversal. It was a sweet setup. Great 'ledge' trigger, too. Wanted to point it out for those new to the methodology. One more thing, too. Do a set on the 1-min from 11:40 to 12:59, 'lock' the upper // at the reversal point for that DB ABCD (use the 13:55 bar), and look where it went to before it started back up. Lower // (twice) to the tick on my chart (this was also the VAL), which was 11.50 points high to low. Insane.