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JI
jimkane
Rep: 3,058
Posts: 33,089
Kicking it off. I'm not sure why I'm even doing the forum anymore, but still kicking it off. I guess I do it for Marcin, rat, and the other guy, and the small handful of others who come in now and again...
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MarcinO
Rep: 67
Posts: 5,506
Have I ever told you how much I enjoy Kane Trading tools?


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MA
MarcinO
Rep: 67
Posts: 5,506
They tested TL and stopped the fall, at least for a while.


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JI
jimkane
Rep: 3,058
Posts: 33,089
I think I've heard that in here once or twice...

Originally posted by MarcinO

Have I ever told you how much I enjoy Kane Trading tools?


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JI
jimkane
Rep: 3,058
Posts: 33,089
I just woke up, and things are progressing along my most favored scenario, which I realized I hadn't posted, so I'll try to post it quickly, before I fall asleep at my keyboard. It bounced off my upper area, rolled on cue and hit the middle area, bounced hard and rolled again, and I think it may head to the 34-36 level and then we'll see if we get a bounce there. The timing factor is set up just right for this.

If it does hit there and bounce, it will have stair-stepped down all three of my posted levels. Anyway, it's at the GZ now, and that might be all it does, but I'd love another sweep to the next level. Keep in mind, it is also structured for an ABCD right to that spot. See my previous posts for the full width of the area. The heart of it is 34-36 right now, hitting from shortly until some time around the open. Talk about a potentially good layout... Okay, back to bed. You know I'm on the cot with alarms set tonight...
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, the DX is getting close to coming out of its range, as seen on say a 60-min chart. That should make for some exciting FX, and equity, trades.
MA
MarcinO
Rep: 67
Posts: 5,506
Good night/morning Jim.
My lines for your areas, both indicated by ABCD. The funny thing is, that if someone did a job for two higher levels, the PTAs here came in naturally.

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RA
rat89
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Posts: 7,015
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screen shot 2014 11 19 at 8 39 40 am png

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MarcinO
Rep: 67
Posts: 5,506
ES saw 36. Just before the open.
MA
MarcinO
Rep: 67
Posts: 5,506
Resistance around 40.
RA
rat89
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Posts: 7,015
bingo, first target hit

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JI
jimkane
Rep: 3,058
Posts: 33,089
Sums it all up nicely. When will 'we' ever learn...






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