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.

Another Kane DB ABCD.

Al Kamego

Kane EXP ABCD at KZ/GZ.

Al Kamego

Kane DT ABCD with Point D in KZ at a Trend Line.


Al Kamego

Kane TD ABCD completing at 0.685 fibo.

Al Kamego

Er, make that 0.500 fibo.

Al Kamego

Ruh Roh, I think I got data problems on my SPY 15 min chart, as it does not agree with rat's with respect to 6/19/14 and 6/24/14 peaks.
My ES U4 data looks like it agrees with Marcins, however.

Al Kamego

Data quality is always an issue in this business. One needs some form of non-correlated redundancy (i.e. a minimum of at least two unrelated data sources) for every symbol one watches, and confirm everything before acting. Understand with only two data unrelated sources the odds of an error is still fairly high. And by 'unrelated' I don't mean two sources, as they may both get their data from Comstock (most charting places do, or did in the past), for example. Two who use different sources.

Thanks for the guidance, Jim. I thought I was being careful, but apparently, I am not being careful enough!
Thanks again, Jim.

Al Kamego

The ES U4, for a change. If this can be a Kane DT ABCD, it completes at 0.382. As a Kane EXP, the Point C is 1.460 fibo, way over 1.272. There is a Gap on 5 with an 0.886 fibo.


Al Kamego

Kane TD ABCD completing at 0.564 fibo.

Al Kamego

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