Broader indexes like IWM shown by Roofer and MID below should show us the way in the coming days:



They were usually first to advance in the recent months and we'll see soon if this is the case this time as well

.768 at the moment

eye on 110.28

rat89,

Thanks for the compliment. I am sure I missed some lines, and other things. That was a stretch for me. Did you think I could add any other particular lines? Suggestions welcome. I am enjoying your charts and comments here at the forum. Please keep up the good work!

Here is a Kane TD ABCD Chart.

Good Trading,

Al Kamego

Maybe I'll try to start coming in here earlier, when everyone is more active. I'll try, and if I can concentrate on what I need to, I'll keep posting. Every time I do try I find it too distracting, but the participation is so great lately, I'll give it one more go...

Anyone watching in here?

The Kane TD ABCD I just showed is probably outside the Kane TD ABCD parameters, Point D was within a tic of the 0.685 fibo. I do not know if Jim approves of that.

Good Trading,

Al Kamego

sorry al, i was kidding....didn't mean to get you looking for more

Originally posted by albert

rat89,

Thanks for the compliment. I am sure I missed some lines, and other things. That was a stretch for me. Did you think I could add any other particular lines? Suggestions welcome. I am enjoying your charts and comments here at the forum. Please keep up the good work!

Here is a Kane TD ABCD Chart.

Good Trading,

Al Kamego

Depends on line support and how good the confluence of things points to that spot. If everything else says there, I will bend the parameters a bit. They are just guidelines.

In the book, I saw examples where he used time correction so I think if you get a time correction (number of bars) along with the price to the fib, you can use both together as your corrective leg.

Originally posted by albert

The Kane TD ABCD I just showed is probably outside the Kane TD ABCD parameters, Point D was within a tic of the 0.685 fibo. I do not know if Jim approves of that.

Good Trading,

Al Kamego

Thanks Jim and tx_ches. Good one, rat89. I should have known, from your "emoticon" or what ever it is called. Hahaha. But I am sure there is a lot more on the charts that I am not seeing. Judging from what Jim has produced and alluded to, and the skill level of others, I have a lot more to see and learn.

Chart: Kane DT ABCD at the green Upper ML //.

Kane Trading rocks!

Good Trading,

Al Kamego

Yeah, that 1338 rings a bell, but I confirmed the high by various sources and feel it is correct. I even checked several other contracts, but couldn't find that 1338. I've seen it before, though...