hi everyone, it's a rainy sunday here and just the perfect time to contemplate the strengh in dia vs qqq the last few days and the potential, note I say potential kane pattern setting up at 132.28 and its implications.

gz for dia

I don't have any stats for the success rate of a set anchored at the top of the gap like this, but I've been seeing this lately, and watching it....a new game? Price is at .768 of the big move down, 1.618 off 142.92 - 140.37 swing and 1.27 of yesterday's swing down from 144.11

as always, I can't wait to see what they intend, because there isn't anything out there but bull talk....

Euro is after a hundred pips day, but let's have a try after it gave back 30 of it.

incredible action today....does not get better than this

jim kane strikes again ;)

here too....is gdx getting ready to rush the lower line? see the inverse divergence between price and cci peaks?

one trade at a time... as roofer says: line to line

Great results rat.
Do I get it right that when you trade on very low time frames such as 1-minute (maybe even 5 minutes) you don't need multiple lines crossing in one point? Do patterns at Fibo levels along with oscillators overbalance are enough to enter a trade?

Originally posted by rat89

one trade at a time... as roofer says: line to line

Click image for original size

Click image for original size

No, I'm working in context from the daily down through the 60, the 30 and the 15 for the areas and then using the 1 minute for the trade because it just opens it up. I had been trading the 5 minute, but am finding I am sharper to look for the set up in the 15 and trade the 1's. The different timeframes also give you different setups - you have to be very clear about what timeframe you are trading.

Thanks, crew, but one little post is hardly 'back'. This is worth the read, especially if you think 'they' might 'pull it off' (i.e. 'fix' the nightmare they created).

http://theautomaticearth.com/Finance/impotence-leverage-and-central-banking.html