Can the recent high in February stay with us for quite longer than almost everybody is expecting at this point?



We may not know the answer to this question for some time to come, but in my opinion this is a viable alternative to consider!

Okay, now I am getting a hint once again that the ES is ready to move up. Let's see.

I feel the experience that you show is more important sometimes than the work....it goes into the subconscious and adds to the foundation. Inviting us to think in real life situations is priceless. As the mindset of the trader is usually the long endless journey.

Thanks, Eric. That's what I try to do in here, post my trader talk and thoughts. We all know the setups (well, the more experienced do, but the newer folks, they learn through the charts of the more experienced in here), it's what else I can bring to the table that I want to offer. Many times the things I am watching for don't play out. All I am after is an edge, even slight. Does my assessment and thinking benefit me slightly more than it detracts? If so, I add that to my stable of small edges that I try to seek out. That's all I try to show with my posts, how subtle things like price action reading, various different experiences with layouts, assessing trend, and so on, can possibly produce additional small edges.

Okay, that ES start is fading again. I'm just trying to stay awake until the European open, to see if this makes a move. If I didn't get a little nap earlier I'd be toast right now. But, I'm fading fast, so I won't be here much longer. I'll leave it to the night shift, Eric and jarek, to take over. Unless something cool happens momentarily, this will be my last post. See ya manana.

Jim it is from your work such as context,use of fibs in context and the coming together of lines that lets me develop my own style and how I think. One must believe in what he sees and keep it simple. This only comes from screen-time. Once one believes in his ability and follows his plan based on personality does he turn the corner. This private forum shows it everyday. It is better to be with an intimate group of traders and focus on "The Now" . Just my opinion.

So the ES went straight up to just shy of point A of our ABCD, reversed there and now wants to respected this bearish flat at line:



Many times when it goes so far straight off a standard ABCD with no correction, it's just the end of the whole move. Let's see if this was the case this time

Test and retest at this upper ML are looming over horizon, both at D point of a bearish ABCD. Bulls have to do something quickly to deny it:

... and they managed to do so. Now this whole ON action so far looks like yet another correction just to the Kane Zone:

eric...just beautiful charts.....jim... you will never get any grief from me if you comment on any other traders work based on your tools...in the end, it is the tools that matter...as i say in roofing,'' put the roof before the roofer and all is well;put the roofer before the roof,we're all in hell''

And our bullish ABCD played out fully to 1.128 at line. Do they have any more juice?

you mean white bg vs blue? interesting...

Originally posted by tx_ches

rat89,
I like the color contrast on your last charts -easier on my eyes.