Welcome back everybody! I just returned from my longest holidays in many years. And it looks like the best trading action of the year started just after I left and lasted for whole that period... Coincidence? :-)
Fortunately charts tell us, that it should last for at least some time to come:
JA
jarek
Rep: 94
Posts: 3,474
I'm leaving for the weekend and won't be back before Monday morning. Good trading to all!
AL
albert
Rep: 99
Posts: 3,094
"Beauty and Simplicity in the Markets".
Kane TD ABCD completing at 0.236 fibo, Kane DT completing at 0.618 fibo coincident with "Trader's Dream," Kane TD ABCD completing at 0.486 fibo and "X Marks the Spot."
Al Kamego
Kane TD ABCD completing at 0.236 fibo, Kane DT completing at 0.618 fibo coincident with "Trader's Dream," Kane TD ABCD completing at 0.486 fibo and "X Marks the Spot."
Al Kamego
Click image for original size
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
That flat is a classic, bread and butter setup for me. Nice chart, Al.
RO
roofer
Rep: 3,689
Posts: 3,574
one more time.....first the cci 40 cycles up....... then the cci 40 and cci120 cycle up TOGETHER.............. THEN!!!!!!! when the cci 40 and 120 cycle back down to the -100......... at the exact moment the cci480 sits on the -100 is the EXACT MOMENT THE GEOMETRY SHOULD BE THERE!this is my way of trading market time... not in terms of absolute values.. but in terms of a PATTERN OF MOVEMENT IN THE INDICATORS from different time frames.
Click image for original size
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
This is trying to act like it did a major shift at today's low. I suspect they want to run it up off here for some time. Sunday night should give us some clues, even with the Monday holiday. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hmmmm, not so sure how I feel about the way they made it look there after it sells in the after-cash, right to the exact low tick of the day. Coincidence? I doubt it.
