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JA
jarek
Rep: 94
Posts: 3,474
ES is shaping up nicely for my new scenario, especially with the smallest Schiff set respected very well so far:

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However the W4 triangle on the main index could have already been completed on Friday and in such case the usual Sunday/Monday procedure should take place from the start of trading.
TX
tx_ches
Rep: -10
Posts: 514
From a newbie so only as a matter of interest. Nothing to risk money on!

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JA
jarek
Rep: 94
Posts: 3,474
Originally posted by roofer

... PLEASE do not waste your votes on me....i post for my own reasons...


We understand that you don't care about votes. But we respect your work too much to let us have our reputation here higher than yours
JA
jarek
Rep: 94
Posts: 3,474
Our small W3 up in ES will be gone if this ugly looking but still bullish KZ ABCD fails to deliver:

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JA
jarek
Rep: 94
Posts: 3,474
Wouldn't this bearish KZ 4PT that back-tested broken lower ML be a nice confirmation of a change in a short term trend in EUR?

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JA
jarek
Rep: 94
Posts: 3,474
It's interesting to see how this single ML set was respected by ES in the recent weeks:

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RO
roofer
Rep: 3,689
Posts: 3,574
AAPL may give us one more chance to get on board for large swing....
JA
jarek
Rep: 94
Posts: 3,474
Do you think about this spot?

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JA
jarek
Rep: 94
Posts: 3,474
Bulls in ES defended the Kane Zone, but have problems with getting over an important upper ML:

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RO
roofer
Rep: 3,689
Posts: 3,574
j- no, if my other work plays out... i am thinking another.886 on gap on 5

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RO
roofer
Rep: 3,689
Posts: 3,574
i think i was asked about gap sets....... i do not have time to do complete work up... let this chart suffice for now.... rat knows that CLF is one of my favorite traders.....i look to anchor medianline sets on GAPS LEFT BEHIND....when i do it, i do not have the slightest idea if it will have any meaning at all... BUT THE MINUTE PRICE RESPECTS THE SET, THE SET STAYS ON MY CHART... look how important the gap sets have been to understanding recent action in CLF.....IF THERE ARE RECENT STUDENTS OF TIM MORGE HERE.. i am curious, does he still give gap sets the pound the table importance as he did back in 2002?
RA
rat89
Rep: 0
Posts: 7,015
yes, thanks jim

Originally posted by jimkane
Hopefully at least this leaves you with some understanding of my reasons.