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.

Make sure to click on the chart or scroll it to see it all.





Chart created on QCharts, courtesy eSignal

Thanks rat.

Originally posted by rat89

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.

It's great that you're back, Jim.

Yes it is

Originally posted by MarcinO

It's great that you're back, Jim.

An alternative scenario.

truly amazing stuff here this week.....

Quite a move just before the weekend

It went up 30 pips further but this might be it given daily areas. Time to tighten S/L.

hmmm.....

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