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JI
jimkane
Rep: 3,058
Posts: 33,089
No one else did it, so I'm kickin' it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Time to resolve, oinker.
JI
jimkane
Rep: 3,058
Posts: 33,089
And right on time out it comes. But, will it move down to the lower area now, or was that a sweep down and now up? I favor down.
JI
jimkane
Rep: 3,058
Posts: 33,089
It should be following through, and it isn't. Not right so far.
JI
jimkane
Rep: 3,058
Posts: 33,089
C'mon, oinker.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch out...
RA
rat89
Rep: 0
Posts: 7,015
.447 at 24.47 -- target is now 26.39 - 26.63 where the lines meet at the 1.128 and 1.27. Eye on trap areas at 25.52 = .618, 25.81 = .786, 25.98 = .886
Click image for original size
screen shot 2016 05 03 at 11 29 21 am png
JI
jimkane
Rep: 3,058
Posts: 33,089
Sweep up, or genuine up move? The least likely, in my opinion, would be the roll right here from the obvious resistance/price flow.
JI
jimkane
Rep: 3,058
Posts: 33,089
So you don't think 23 area?


Originally posted by rat89

.447 at 24.47 -- target is now 26.39 - 26.63 where the lines meet at the 1.128 and 1.27. Eye on trap areas at 25.52 = .618, 25.81 = .786, 25.98 = .886
Click image for original size
screen shot 2016 05 03 at 11 29 21 am png

JI
jimkane
Rep: 3,058
Posts: 33,089
Right at the 1-min overhead TL.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, and there's the TL violation, completing the sweep up. Now we see if it was a double stop sweep, or a sweep down and now up move. I am leaning a lot more towards we are moving up now.
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?