Getting close to a key spot (as posted a few weeks ago, forgot which thread)

I know that's right. I am trying to gain more patience!

Al Kamego

Jim,

I sincerely appreciate all your comments. They certainly are helpful to traders like me who are trying to "increase their patience" so that they can "play the game." I thought I had developed some patience, but it is nothing compared to that required for trading, imho.

Thanks again.

Al Kamego

says it all

The Illuminati wins again. And it does what I thought, again. And patience pays off, again. And the KT methodlogy gives not only the setup, but a great second chance (the little ABCD, visible on M's chart for those that didn't like sitting most of the day with a position, waiting), again. And depending on entry, gave 10-12 points. On four contracts that is about $2,000-$2,400. Amazing, huh, for those of you that have followed the KT methodology long enough to understand 'trendline creep', how nowadays we keep seeing trendline creep explode up instead of the usual breaking down, which it used to do almost every time in my experience. When did you ever seen trendline creep break up away from the trendline??? Only since the Illuminati took over the market. And they are so preductable it's just funny. I hope everyone was ready for this ramp.

BTW, M, that red line is the same exact one I have, that I mentioned earlier.

There are also at least two other key upsloping lines coming in there, one with almost the same exact slope. And if you throw in the natural set, the downsloping ML gives you 'x marks the spot'. And it's also a lopsided H&S pattern, where they came right in on cue again.

yes to the trendline creep.
higher timeframe chart for clarity