Kane TD ABCD. I thought I had a sweet sell setup, what I thought was a pretty good Kane Pattern-Line-Fib, completing at 0.618 Fibo Retrace of the GLOBEX Hi-to-Lo, confluent with a Kane DB ABCD also completing at 0.618 Fibo Retrace of the GLOBEX Hi-to-Lo (& 1.618),a Trader's Dream, & 200 SMA touching price. I "put on the blinders" entered & stared at the price action, and completely missed the Kane TD BUY setup completing at a 0.300 Fibo Retrace! The C-to-D leg of the Kane TD ABCD also formed a Kane Pattern-Line-Fib. The Kane TD ABCD/Pattern-Line-Fib trumped the previous setup. I must make a note in my Trading Plan about "keeping the blinders off" when I enter a trade!

Good Trading,

Al Kamego

PS I am still paper trading!
Al KAmego

Er, make that a Kane DT ABCD completing at 1.618 instead of a Kane Pattern-Line-Fib in the CD leg of the Kane TD ABCD.

Al Kamego

Kane EXP ABCD with an ABCD in the BC & in the CD leg.

Al Kamego

Here's a 30M and Daily of the SSO, nice area around 37 with declining Volume on the way up on the daily.....

Thanks albert, iso

iso this is exactly the area I look at.

Mats

Kane EXP ABCD forms another ABCD subsequent to Point D, a Kane Pattern-Line-Fib, which reverses at confluence of Spike Line, 0.886, 1.272, & 1.460 Fibo Retraces.

Good Trading,

Al Kamego

And, surprise, another miracle late day ramp to keep the winning steak up?

Pretty cool, huh? Right off a key area, too.

Here's an update of my SSO chart...

Thanks for sharing.

Good Trading,

Al Kamego

Kane Pattern-Line-Fib, with Spike Lines, & 0.886 & other Fibo Retraces, with Adjusted ML Set. Thanks Jim, roofer, & all the other Kane Traders.

Good Trading,

Al Kamego

Slow grind up, but Moody's just downgraded Ireland and the futures started to come off. How long will that last, three seconds, until they decide they don't care who gets downgraded, it doesn't matter, everything is good, up we go? Let's see.