Nice opening. Gap up OPEN, confluence of 0.886 & 1.272 Fibo Retrace & Simple Line, Kane Fibo-Pattern-Line BUY. I made a bit & exited. KaneTrading methods rock!
Aspiring Trader
Al Kamego
TO
tomo
Rep: 110
Posts: 238
At around 917.50 we had DBS signal of roofer. We will see how it works this time in ES :) there was even third 1.27 in the area.
AL
albert
Rep: 99
Posts: 3,094
Correction: Please replace the 1.272 Fibo Retrace with a 1.618 Fibo Retrace. I got confused.
Al Kamego
Al Kamego
AL
albert
Rep: 99
Posts: 3,094
The 1.272 Fibo Retrace I was looking at (baseed on low (907) point at 12:06 around noon 06/17/09) was 905 on the RTH 2 minute chart & that was taken out by the overnight lows at 903 - 903.5.
Good Trading to All,
Al Kamego
Good Trading to All,
Al Kamego
TO
tomo
Rep: 110
Posts: 238
Sorry .. I thought you said about my post :)
This trade worked nice but I blew it .. I moved my stop to soon and only made a dime.
Trade management is one of the hardest things to learn.
This trade worked nice but I blew it .. I moved my stop to soon and only made a dime.
Trade management is one of the hardest things to learn.
TO
tomo
Rep: 110
Posts: 238
Now .. TD ABCD on 5 min (I know context is wrong here) at 0.300 and 0.382. And of course adjusted set for this ABCD
AL
albert
Rep: 99
Posts: 3,094
Tomo,
Thanks for sharing. You were talking about your post, & I was referring to mine. LOL Thanks for sharing. I know the feeling about only making a small amount on a trade. I am rereading KaneTrading books on ET, TS, & TM. There is so much material in those books, I think I learn something new every time I read them.
Al Kamego
Thanks for sharing. You were talking about your post, & I was referring to mine. LOL Thanks for sharing. I know the feeling about only making a small amount on a trade. I am rereading KaneTrading books on ET, TS, & TM. There is so much material in those books, I think I learn something new every time I read them.
Al Kamego

