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AL
albert
Rep: 99
Posts: 3,094
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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AL
albert
Rep: 99
Posts: 3,094
Nice Kane 4P.

Al Kamego


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AL
albert
Rep: 99
Posts: 3,094
Nice Kane FLAT ABCD completing at Kane Zone on ES U3 i minute chart.

Al Kamego


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albert
Rep: 99
Posts: 3,094
Kane TD on Globex 60 min ES.

Al Kamego


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albert
Rep: 99
Posts: 3,094
Chart.

Al Kamego




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AL
albert
Rep: 99
Posts: 3,094
Kane 4PCP completing at Kane Zone / Spike Line completing at Kane Zone.
Kane Trading rocks!

Al Kamego


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albert
Rep: 99
Posts: 3,094
Price from a Kane ABCD dropped into a 3D with a price reversal there. The ML sets drawn as Jim has described them in his books act nicely to interact with price.
Kane Trading rocks.

Al Kamego



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albert
Rep: 99
Posts: 3,094
Entry TF = 1 min., Traded TF = 5 min., Context TF=15 min.
I worked mostly from Traded timeframe.
(My excuse this time is that I was a bit distracted at the open)
GLOBEX 5 minute chart:
Double Top, Standard ML Set drawn. Nice entries possible on ES (My IB gives me SPY quotes in the preopen, but will not execute my preopen orders). ML Upper // - 0.886 fibo nice short possibility, followed by Type 1 Test and a retest, both good opportunities for short ES. Price dropped in preopen and hesitated at Kane Zone/Division Line, and dropped some more. Price dropped some more, dropped further thru ML, retested it at 0.300 fibo with a tweezers top, and dropped more. I sold 100 simulated shares SPY at 160.31, and covered at 160.25.
Made $6.00 simulated bucks, -$2 commission.

Al Kamego


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albert
Rep: 99
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Island Top?

Al Kamego


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albert
Rep: 99
Posts: 3,094
DBS on XME?

Al Kamego
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AL
albert
Rep: 99
Posts: 3,094
Wow. Lots of thought-provoking discussion in the main discussion area. I will have to review it and reflect on it. In today's trading, I saw a beautiful Kane ABCD 4PCP setup, and a subsequent small Kane DB. I made $11.00 in simulated SPY trades.

Kane Trading rocks.


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albert
Rep: 99
Posts: 3,094
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