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.
Messy 1 minute chart. Please pardon the clutter! Looks like price is finding resistance at the 200 SMA. The red vertical lines are meetings and talks. Kane Trading rocks.
Aspiring Trader,
Al Kamego
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albert
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Here is a simpler, cleaner, more sesnible look at my yesterday's cluttered chart.
Al Kamego
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albert
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On 15 min chart, DBS mixed, 1.272, 1.128. On 1 minute, Kane 4P ABCD with good follow thru to 0.886, 1.128 fibo with confluence of SL, and 2.618 fibo from Kane CD points external retracement.
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albert
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Chart.
Al Kamego
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albert
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A very nice Kane FLAT ABCD.
Al Kamego
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albert
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Retests.
Al Kamego
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albert
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Another view.
Al Kamego
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jimkane
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Lotsa nice charts, Al.
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albert
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Originally posted by jimkane
Lotsa nice charts, Al.
Thank you, Jim. The price action was pretty nice today.
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.