Jim has allowed me to post some charts in a separate thread, so I will post here in Al's Charts 2. I am amazed at how the Kane Trading methodology permeates price action. I like moving averages, too.
Any comment welcome.
Good Trading to all.
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albert
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Kane FLAT ABCD (within 2 cents) completing at 0.685 fibo. After that, price resistance to support on 50 SMA.
Al Kamego
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albert
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Kane TD ABCD Completing in Kane Zone. I like the subsequent thrust up and back into the Kane Zone with 50 SMA support area and TL from low. Went up to Bearish Wedge at 0.886/ downsloping TL area. More UP? Looking strong to me.
Al Kamego
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albert
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More Up. Support at Kane Zone/Upper ML //.
Al Kamego
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albert
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Three Kane TD ABCDs. Kane Trading rocks.
Al Kamego
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albert
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1.128 AB=CD terminating at 0.954, 1.128 fibo SL. Kane TD ABCD completing at 0.300 fibo. Kane Trading rocks!
Al Kamego
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albert
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Here is a better chart. The SL moved on the previous chart.
Al Kamego
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albert
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Kane EXP ABCD completing at 0.300 fibo.
Al Kamego
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albert
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SLs.
Al Kamego
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albert
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Diamond. Kane TD ABCD completing at 0.186 fibo.
Al Kamego
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albert
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AB=CDs.
Some interesting price action going on lately. KaneTrading methodology makes it easier to analyze.
OK. Thanks for the invite. My trading lately is pretty indicator-intensive, though. Kane trading still rules, however, I like to work with moving averages a lot.