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.
AL
albert
Rep: 99
Posts: 3,094
I did not previously consider another important 0.886 fibo retracement, the 0.886 of the previous high on 2/19/13 with yesterday's HOD. That 0.886 at the highs trumped the smaller trade setups soundly, pointing out the weakness of price action as it passed thru the lower ML //. I have to sharpen up my analysis.
Al Kamego
Al Kamego









