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JI
jimkane
Rep: 3,058
Posts: 33,089
I sure wish someone else would step up and start these weekly topics...
RA
rat89
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Posts: 7,015
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AL
albert
Rep: 99
Posts: 3,094
Another Kane ABCD.

Does the 1.128 fibo on a projection count as a "Measured Move?"

Al Kamego
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RA
rat89
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Posts: 7,015
nice catch albert
AL
albert
Rep: 99
Posts: 3,094
Thank you, rat. I wish I had caught it in real time!

Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
Anyone dare short that?
JI
jimkane
Rep: 3,058
Posts: 33,089
That's just a big flat ABCD (at a .382/.447), Al. Regardless of the 1.128, visually it's well within the spirit of the pattern.

Originally posted by albert

Another Kane ABCD.

Does the 1.128 fibo on a projection count as a "Measured Move?"

Al Kamego
Click image for original size

JI
jimkane
Rep: 3,058
Posts: 33,089
Bearish 1-min 'W2' ABCD. What are the odds of it playing out?
FI
fib21
Rep: 0
Posts: 40
I would say at least 1%
FI
fib21
Rep: 0
Posts: 40
No more than 2%
JI
jimkane
Rep: 3,058
Posts: 33,089
Let me paraphrase this in calculus terms:

The limit, as the sample size approaches infinity, of the odds, goes to zero.


Originally posted by jimkane

Bearish 1-min 'W2' ABCD. What are the odds of it playing out?
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.