Kicking it off. I will try to post charts starting from tomorrow.

Any time anyone sees a term they don't know, check here first. It is linked on the main KT forum page, made sticky so it stays there.

http://www.mypivots.com/board/topic/4214/-1/kt-terminology

Originally posted by rat89

Ah, had forgotten the term, thanks Marcin.

Originally posted by MarcinO

Sure. Here's reference to Harmoning Trader website:
http://www.harmonictrader.com/price_patterns3d.htm

Originally posted by rat89

would you remind me what a 3D is again?

Originally posted by MarcinO

Area hit with finishing 3D. Now we will see.

Originally posted by MarcinO

Cable in a nice, smooth corrective move after a huge drop today.
The first serious resistance at 1.4170-80.
I wouldn't be suprised if they closed Sunday's gap this week.

Cable is a complete crap today. Choppy price action only.

thanks jim

Originally posted by jimkane

Great chart, rat. I was going to post how I am loving this Die, pig action here, and how it tagged the very low end of my key area today (with a H&S pattern, too), so I am quite thrilled, and I then saw your chart. The two low Fibs I had were the 1.272 ext ret at ~43 and another key one at ~44 quart, and the high was 43.75. I thought it would push up a bit more and more deeply test the key lines (and I am more than ready if it does take one more shot up there), but otherwise it's just ride until the ride ends.

My strong preference is that they've had their fun, and we get back to some hard-core selling, and working on taking that low so far out with extreme prejudice. But, for that to happen, we have to get some news, I think, to give the excuse. The technicals drive it, of course, but until we get the excuse to shift the sentiment I don't think it will do much. Right now the fear of the Grexit is the top scary issue. Who knows tomorrow. You are very right about one thing, there is zero fear. 'Look, mommy, isn't that a giant grizzly bear in front of us in the path, looking all pi#$ed off that we are so close to her cubs?' 'No, son, that's just a nice big doggie, let's go pet him...'

here's a look at the indexes together:

here's a beauty - slb stretch to where the 81.90 - 59.17 = .685 at 74.33 meets 72.34 - 65.62 = 1.27 at 74.15 to kiss the median line

1.4125 is a nie area. Cable may fall sharply from here.
If not, it will get to 1.4160-70, posted yesterday, again.

40 pips reaction so far.

New 7-year low today?

And here it is.1.4055.
I'm waiting for (a lot) more.

Swoooooosh!

yeah, they are funny