Darn, I was watching the ES, it opened and dropped right to a line I was watching, to the tick, and started up. I got a buy trigger. I decided not to post on this. My motivation wanes from time to time, as I get so little interaction on all my posts. Now the ES is up almost 20 off the low, much more than I expected by now. It's really getting ramped hard. Oh, well, I wish I had posted it as it was happening. I used a really cool line technique to get my line. I had it on there shortly after Friday morning got started.

Something to consider with respect to areas indicated by Jim ( http://www.mypivots.com/board/topic/6920/1/real-interesting-gold-chart ).
Arrows indicate offsets off green ML and warning line.

.886 on 5 and .447 of two swings

112.41 - 119.40 = .447 at 116.28

110.27 - 121.20 = .447 at 116.31

115.95 - 119.41 = .886 at 116.34

Interesting chart, Marcin.

Originally posted by MarcinO

Something to consider with respect to areas indicated by Jim ( http://www.mypivots.com/board/topic/6920/1/real-interesting-gold-chart ).
Arrows indicate offsets off green ML and warning line.

Click image for original size

Note that on the higher timeframe this rollover is off a bearish 4PT.

abcd

note the absolute genius....i am in awe ... of how the computers are manipulating price to rotate the .886 algo thru the etf's.....on today's open only the fas, twm,spxu set up the algo....

it makes for a more dangerous terrain....you are probably one of the very few who can see that

So, gold just moved up over 65 in just over three hours. Not bad. This 'volatility' just amazes me.

rat- not more dangerous.... just a terrain you have to be prepared for... when i first started showing this, it was level 1 a group of simple index etf's would all setup together.....in the last year as the trade got crowded, the computers devised a way to rotate the signal through the simple etf's so that it became required to be more meticulous in your scan.... in the last few months the computers have gone to level 3 where they have included the 2x and 3x etf's... it s human nature to want things to make sense based on a single index... but the computers are not human and have unlimited capability to manipulate price... if they take it up more levels, i am not sure, as a visual trader, if i will be able to keep up.

Okay, not trying to be overly critical, just making sure I understand what you are saying.

Originally posted by MarcinO

Of course I meant KZ. I'm sorry if I confused anybody.
I'm quite bussy at work nowadays and I can hardly post charts, which resulted in an obvious mistake.

Originally posted by jimkane

Marcin, do you mean KZ?

Originally posted by MarcinO

Gold stucked a bit in the GZ reacting off upper //