There is not much to add to the extensive coverage of the recent weeks here. While looking for geometry of Friday's turn on the continuous contract basis I came up with the following picture:



We have an almost ideal .382 bullish ABCD here. Thanks to Roofer's findings based on thousands of examples we know that probability of taking out the high equals in such case 87%. What's more in order to hit Jim's target zone at the line, a pretty fast move would be required... We'll see next week if we are on the right track and ... in the right train

Hi, Jim,
I'm sorry you let the losers wear you down. I decided about the age of 11 I was not going to listen to those type people and have not ever since. Concentrate on the real people and not the pretenders who have the need to tear someone else down so they will feel good about their own selves and bad trading. I've only found 2 forums where real traders hang out. The real traders want to help and want to learn. And the 2 forums are run by real traders who are successful all day long -- yourself and Al Brooks - and try to teach the motivated students.

Ches

Practice work. Most of these sets came from Jarek but I was losing track with all the postings. So I thought I'd recreate. I'll start with daily which he had as a 240min. I have a green standard and a magenta schiff of it. I also put a brown set with a different A anchor (from Jarek I think).

The 120min has 2 sets. The magenta is again the Schiff of the other.

The 60min has 2 charts -- too big an image for one I thought.
The first shows where I started the red and yellow sets.
The second is a "zoomed in" view of Monday and Tuesday's action. I have a blue zigzag of one of Jarek's ABCD's.

The 15 minute also needed to charts to show the start of the sets and the zoomed in of Monday and Tuesday.

The magenta is the Schiff of the Red set. The dashed green uses a different A anchor - higher high. The dotted sets didn't really play out for more than one move. I have a few ABCDs of Jareks- blue and yellow zigzags.

The correct 15 minute - previous was a 5 minute.

And finally we come down to the 5 minute. I'm only showing Mon and Tues sets. I have marked a few of the ABCDs and other areas of comments by Jarek.

I know these charts are redundant. And you may think they are just clutter. I am trying to get it all organized in my mind. So I moved the clutter from my mind to the forum. :-)

jim-i am sorry you have to put up with it... if it makes you feel any better, rat and i were once fellow forum members at a forum where the personal attacks were exponentially worse.in the above i defended us with what is...everyone here!jim and i do not really know each other...our bond is the tools and our enjoyment of teaching them...i defended us with the tools, and without giving away anything that is not public, i showed the work...our best defense.rat you have my permission to share any thought you may have on this.i tried to teach rat what i do outside the forum... but i just could not show everything and thus it was incomplete. i despaired. i finally said join the forum. he had the courage to spend the bucks..i already see him using the missing parts.

roofer....that is the truth. it really isnt worth your time nor Jim's. Both of you have enough "Street Creds" that Bruce was way out of line.

Practice work. I consolidated what Jarek did on the ES 15 minute chart. I'm only showing the last 2 days -- from where I left off on Wednesday.