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.

No it doesn't, Jim. The afternoon seems a lot less frantic than the morning trading. I am truly amazed at how the Kane Trading educational methods continue to describe the market price action so beautifully. Kane Trading rocks!!

Al Kamego

Simply Amazing rockin' Kane EXP ABCD.

Al Kamego

So, did you nail it, Al?

Sadly, no. I guess I was too busy looking "the other way." I suspect it is a lot simpler that I am trying to making it.

Al Kamego

1.128 DBS on the SPY RTH Daily? Kane DB ABCD on the ETS GLOBEX.

Ak Kamego

Kane TD Sell.

Al Kamego

Kane 4P completing at KZ and a following Kane 4P completing at another KZ. Wow. If I had not bought into the KaneTrading educational materials, I think I would have a LOT more difficult time figuring out price action. KaneTrading is Simply Amazing.


Al Kamego

Chart.

Al Kamego

TD ABCD. Since Point D is one cent shy of a 0.685 fibo retracement, at ML Lower // - 50 SMA,, I do nor know if Jim would allow this one. The pattern completes at 0.382 fibo.

Al Kamego

Al, I always use 'the spirit of the pattern' and how it lines up with all the other work to decide on a setup. The parameters in the books are my guidelines, but the decision is always based on the holistic overview of all the factors. Hence, if I like everything else then I don't cut out a TD just because it's a .685 or thereabouts. The guidelines just help keep those who haven't mastered their craft yet out of trouble (or should I say 'reduce their trouble'), in my opinion.

Hi Marcin,

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.

Good Trading,

Al