MyPivots
Sign In
JI
jimkane
Rep: 3,058
Posts: 33,089
I sure wish someone else would step up and start these weekly topics...
JI
jimkane
Rep: 3,058
Posts: 33,089
sirios, send me an e-mail I can reply to and I'll send you a quick note on determining the traded timeframe.
AL
albert
Rep: 99
Posts: 3,094
This is a pattern from a few days ago that I have been studying. I think it is pretty cool (really beautiful, actually). It is absorbing my attention, and to me, it speaks volumes. To most of the others, I am probably re-inventing the wheel. I feel that I am learning something about context, from my own point of view.

Double Top
Price Zooms and Retests MAs, rises back up to ML/200 SMA/SL confluence in ABCD in Kane PLF that completes in Kane Zone.


Al Kamego





Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
They want to gun this so bad in here. I can 'feel' the buildup.
JI
jimkane
Rep: 3,058
Posts: 33,089
But, can they actually do anything? We all know how they love those late session gun ups, to set it up for more overnight.
JI
jimkane
Rep: 3,058
Posts: 33,089
Check your e-mail, sirios.
JI
jimkane
Rep: 3,058
Posts: 33,089
And, with this post, drum roll please... I am now the poster in all of My Pivots with the highest post count/total. No one here in the history of this forum has posted more than me. I sure hope Guy doesn't decide that post counts from private forums shouldn't count, like he decided that reputation from private forums doesn't count, and we all got stripped of our rankings. That really broke my spirit, and based on e-mails I got, the spirits of many of my readers. If I lost my post count I'm not sure I'd be able to get off the floor... Can't I be #1 at something at My Pivots? At least now I am.
AL
albert
Rep: 99
Posts: 3,094
Congratulations, Jim. Savor the moment! And those are good posts you have given us.

Thanks for the link to the PMs blog. I am starting to watch Gold.

Here is a chart for GLL.

Al Kamego




Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Any second now on the ES burst up...
JI
jimkane
Rep: 3,058
Posts: 33,089
Be very careful with GLL, it is very illiquid, especially on low timeframes intraday.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, they burst it up, and then they sell it right back. It is so weak. No commitment today at all from either side.

Originally posted by jimkane

Any second now on the ES burst up...
SI
sirios
Rep: 0
Posts: 157
Post like this has incredible value for my learning process. Thank you Jim.

I've got many questions how to act in few areas which are shown on the chart and I found are critical in early stage of trade, but I know you can't answer it on the forum. I have ideas and experiment with it and I'm very interested in opinion about it.

Originally posted by jimkane

Okay, here's a chart showing some of my posts, marked at the times, as best as I could do it, when I posted them. Also check out the post I made at 15:53:40. I couldn't find the room to squeeze that one on the chart. Everything I mentioned was based on the methodology. Look at some of the other posts, like the one about the lines coming in. Look at that EXP ABCD. Study the higher timeframes and see why I thought this may go up (other than it was Friday close and time to prep for Sunday night GLOBEX/Monday).

No matter how many cool areas lie below, or how much I want this to sell, 'they' want it up, and the defense of the GZ was a clear signal. Note my post before I started this sequence, about rigorously defending the LOD via the GZ. It wasn't my first mention of that. Clues. Technical factors. The methodology. What roofer likes to call 'the tools'. Now, do some work. Study what led up to what I have shown here.


Click image for original size
ES H2_021012_1min chart




Chart created on QCharts, courtesy eSignal.