I'm starting week with my thought about learning of trading.

I found that it is impossible to get all knowledge contained in Jim's books when I read it few times. I have to get a lot of practice, face the problems in all area (eg. context, trade management, ML) and start looking for solutions in Jim's books by reading it again. And that's what I think: all solutions are there. I just have to implement it into my behavior and trading plan.

This a lot of material and it is sometimes very difficult mentally (like trading against trend on trading timeframe) that's why process of learning must be repeated many times until aim will be achieved.

I can't imagine how Jim could learn trading without his books It must be incredibility more difficult and long process then we are faced with.

62 ready to give way. 65-66 is my next level. 64, though, is the start of things.

Finally, the 4.75 point range for almost five hours is broken... by two ticks.

And that breaks the previous key swing high by one tick, and you know what that might mean...

Originally posted by jimkane

Well, let me clarify that I keep mentioning savings in dollars because I feel they are stealing them away from us at an alarming pace (via inflation that they lie to us and tell us isn't happening, although we see it right before our very eyes), and that pace, I feel, is about to rapidly increase. It won't stop until they steal essentially every dollar we worked our entire lives for. So, I urge people to at least look over their holdings, and consider other alternatives (not other paper currencies, they are all 'going to zero' in my opinion) and means of diversification. All us 'little guys' are going to lose almost everything, it can't be stopped, but can we retain a small portion to survive, that is the question and what I urge people to prepare for. Just my two cents.

Jim, You have been alerting us to these confditions all along with your comments, and you, IMHO, have been and are "spot on." I am convinced the powers that be "want it all." You have kept us well informed and I thank you for that.




Al Kamego

If nothing else, at least I feel I have done that. Sounded the alarm bell.

Interesting how this is battling to get over this area and reach the next level, just as the cash bell approaches.

Kane EXP ABCD and DBS.

Al Kamego

Nice, Al. That's the idea.

Interesting how they cash closed it right at that key spot. I think they will move it up in the after-cash, but why they close it like that, it's just so... so... curious.

And it hits 63.75 and then closes after-cash. Let's see what happens when it reopens. This is fun. I like this business.

Originally posted by jimkane

62 ready to give way. 65-66 is my next level. 64, though, is the start of things.