JI
jimkane
Rep: 3,058
Posts: 33,089
Well, it doesn't look like anyone plans to post anymore, but I'll start this topic in case, since our 'official' topic starter is away from the forum for a few weeks, I think he said.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hmm, barely a handful of reads, no posts, I guess only a few really do care about this forum...
Well, another Sunday night/Monday up sequence again. I think that is 19 for 21 if I'm keeping my count right? Pretty interesting, huh?
Notice all the ABCD's in many commodities and currencies. I don't recall ever having seen so many at one time in so many varied futures contracts. It is going to be interesting to see if they play out or not. The implications for the stock market are profound, in my opinion.
Well, another Sunday night/Monday up sequence again. I think that is 19 for 21 if I'm keeping my count right? Pretty interesting, huh?
Notice all the ABCD's in many commodities and currencies. I don't recall ever having seen so many at one time in so many varied futures contracts. It is going to be interesting to see if they play out or not. The implications for the stock market are profound, in my opinion.
AL
albert
Rep: 99
Posts: 3,094
Sunday night was only a review for me, no trading, & it was very interesting bottoming action. I gave an Elliott wave count on one chart. I labelled the down move the way I did because Wave 5 looked pretty impulsive to me.
Good Trading All,
Al Kamego
Good Trading All,
Al Kamego
AL
albert
Rep: 99
Posts: 3,094
You are welcome. The upmove from the Sunday night low with its 1.128 Fibo Retrace looked pretty neat with some opportunities to get on board.
Good Trading,
Al Kamego
Good Trading,
Al Kamego
TO
TonyC
Rep: 99
Posts: 471
hey fellaz, im not trading much of the ES contracts anymore.But following it along with other trades. This is an ES toptic ,right? don't know if I should show things from other issues in this thread?
JI
jimkane
Rep: 3,058
Posts: 33,089
Hey T, great to have you back for awhile. I always love your work (still trying to fit in a trip to your neck of the woods to visit you, but my relative down there moved away, so I don't have any excuse...). No, the crew suggested we morph this into an anything current topic, so post away, anything you want.
TO
TonyC
Rep: 99
Posts: 471
Originally posted by jimkane
Hey T, great to have you back for awhile. I always love your work (still trying to fit in a trip to your neck of the woods to visit you, but my relative down there moved away, so I don't have any excuse...). No, the crew suggested we morph this into an anything current topic, so post away, anything you want.
okay. thanks J
TO
TonyC
Rep: 99
Posts: 471
J, I've morphed myself into a currency futures trader, mainly the EUR/usd pair. First due to my erratic business schedule, the EUR FX trade very well even in off-regular US trading hours so it fits my 'trading anytime' needs AND it had very good liquidity and tight b/a spread, the swings are swift sometimes but since it is pretty much mirroring the cash FX moves it is less subject to choppy program trading. The interbank system kind of keep things rolling more naturally it seems.AND the KT methods work as well,even in overnight hours wich is the european hours. I feel The US has become the home to the manipulation machine, circa S&P-Goldman Sachs. On a more global trading scale as the currencies are, it seems like it's more difficult to play manipulation games with programs...or maybe Goldman hasn't reached that far yet.They've got trading desks all around the world but their power and leverage still isn't great enough to control the global competition...I would dread the day when they'll take over all their competitors and be a dominant global force..that's the day I'll call it quits for my trading.


