The US dollar regained some strength in relation to major currencies. Anyway, I will watch 1.1040-50 area in case it needs one more push lower against CAD.

Originally posted by roofer

al-i live in another world also where there is a lot of bull ... the fly fishing world.... i can not cast worth a damn when i do not have a target.... but give me a target that is worth the risk that requires total concentration to do a stack cast ending with a reach mend to drift my fly under a low branch in the darkness as i am getting eaten alive by the bugs... the tools i have memorized in my muscles are awesome.... same in trading... roofer matters little if at all,, it is the tools that are awesome...

roofer, thanks for the words and the fine picture. I will reflect on the words and picture. It is all good.

Al Kamego

Originally posted by jimkane

I'm thinking almost no one got what I was saying here. I'm not even sure my main guy, who gets all my sarcasm, got this one. Anyway, my play was short, and the area I was looking at was a partial tick under 21.75. The low was 21.50. Do the work. Do the lines. Look this over. It was all there. It was an overnight play (so what) that could be run with trailing stops and then looked at in the morning if still open. Anyway, seriously, do the work and this one should be as clear as crystal.

Originally posted by jimkane



I bet twenty-seven zillion dollars that this isn't going down anymore today. Mostly I bet that because I wish this bullish 4-Point CP would fail and we'd have some downside, and I suspect the odds of that are less than one in a billion.

Originally posted by jimkane

If I were a player I'd be long like 25,000 contracts off that setup right now.

Originally posted by jimkane

So, let's see. As a 'player' I'll make about $27 zillion from the setup, and another $27 zillion for the bet, so I'll finish the day up about $54 zillion... I wonder how many islands I can buy for my $54 z? Maybe I'll just buy one small island, like Hawaii...

Thanks, Jim. I will study the situation. The sarcasm was too subtle for me.

Al Kamego

that beard is almost down to the kane zone

Originally posted by MarcinO

Great beard roofer

oooh, I just love how they put price in the most uncomfortable mob spot into the close...

That is just too frickin' funny. Touche, rat.

Originally posted by rat89

that beard is almost down to the kane zone

Originally posted by MarcinO

Great beard roofer

Okay, I guess my sarcasm is being missed big-time. To decide if I'm serious or sarcastic all one has to do is look at the charts. Plus, in this case, I mentioned wishing it would go down and take the pattern out. Anyway, here's a chart showing the framework for what I had, both the first area, then the area of concern for that play at 20.75 (which was then the new setup area for the next play). The black horizontal line is something I use, but can't post what it is in a forum. My mentor students know what it is.

Note, on the first area, the super-key downsloping //. That was what had me looking there. That was 'the idea'. The rest is just confirming work. Let me ask everyone this (rhetorically), if I showed you this chart and those comments, at the time I posted the comments, would you have been able to tell if I was sarcastic, or not? Q.E.D.






Chart created on QCharts, courtesy eSignal

I keep expecting it to either collapse or shoot up.....but from where exactly, and when? notice how the second low yesterday put price right into the .768/ .886 zone off the early am low, and to the .447 off last thursday's low

TNA- ''sharp moves, particularly if they are back to back, call for modified schiff set''... that was the starting point for yesterday;s trade... included are my working charts