JI
jimkane
Rep: 3,058
Posts: 33,089
Is that the 'retest' of the low there, or is it just getting ready to dump? If there were net sellers left they wouldn't likely be waiting around too much in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
It just has a GZ feel to it. They did their thing, they now violated the TL a little, into the GZ. Now they start a real bounce? I am still hoping we just get the flush right from here. I wanted a bounce before, but the last thing I want is a failed bounce, followed by another bounce. I want a monkey walking in with a hammer riding on a pile driver.
JI
jimkane
Rep: 3,058
Posts: 33,089
For continued downside it's important that this second bounce here does not gain any traction.
JI
jimkane
Rep: 3,058
Posts: 33,089
Cable: "I've fallen... and I can't get up!"
Originally posted by MarcinO
Cable can't get up. Almost 200 pips down today.
MA
MarcinO
Rep: 67
Posts: 5,506
Exactly.
Originally posted by jimkane
Cable: "I've fallen... and I can't get up!"
Originally posted by MarcinO
Cable can't get up. Almost 200 pips down today.
JI
jimkane
Rep: 3,058
Posts: 33,089
I need to post all the movie, TV commercial, and song lines I quote. I can't make a topic sticky anymore, so that's the hold up. I may convert a current sticky one...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, 3D deep into the GZ. Now we see if it's just shaking, or true net sellers are back.
MA
MarcinO
Rep: 67
Posts: 5,506
Don't be shy about posting JaLee. If you come back to the posts from 2011 when I joined the forum you will see that I couldn't do anything more than finding ABCDs in all directions, yet I decided to post charts and treated it as part of my trading education. Besides, I think we all have a slightly different specializations, rat posts CFDs mainly, you are following ES as far as I know, and I major in FX, especially the Pound. So it will work to advantage of all of us if we cover as much markets as possible.
Originally posted by JaLee
Yes I am very sad that he is no longer going to be posting here. I can't believe the wealth of information available on this forum. I do appreciate everybody's else posts as well. I will absolutely still be reading and learning from everybody here, but since I am fairly new to the KT Methodology I'm not sure how much I can contribute to others; but I would like to still be involved.
Originally posted by MarcinO
As we could all read yesterday, Jim considered seriously quitiing the forum after what has been happening in public area for the last few weeks. Today he eventually decided to quit and asked me to inform everyone about that. Sad but true...
Every user of private area will still have access to it, but from now on we are on our own.
I am going to post as time permits and I am almost sure that rat will do the same. What about the rest? JaLee?