No one else did it, so I'm kickin' it off.

53.75, .382/KZ at key line...

I do not see this holding in here.

And it didn't...

Backtest of broken higher timeframe TL in here.

So far it likes that backtest line.

not unless my read this way off. It's too late in the move. Big countertrend ABC up to gld 132.90 - 137 in play

Originally posted by jimkane

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

Okay, anything real going to happen from this rollover? I am not getting my hopes up, but a strong bounce like this and rollover from the key breakdown backtest line and then down to the new lows at the area would be simply a piece of artwork to be framed and put up in a gallery for all to enjoy. That won't make it happen, I'm just saying it sure would be pretty.

I agree. It's just standing out there calling, and that's one of the things in the ES I always look for. So, I was curious on your thoughts.

Originally posted by rat89

not unless my read this way off. It's too late in the move. Big countertrend ABC up to gld 132.90 - 137 in play

Originally posted by jimkane

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

rat, if that UUP setup plays out though and the dollar strengthens, wouldn't gold likely not rise? Or do you think maybe the UUP won't play out? I was hoping we'd see dollar up, ES. crude, gold and rates down.

The ES is just so perfectly set up for one more leg down into one of my posted areas. I just don't know if it will do it. So many times you see these amazing areas, amazing setups, but it doesn't want that. They never complete, you never get to see the beauty of that. Just because a setup, for example, may form at some spot doesn't in any way say that spot must act as a magnet. It only says that if it gets there we may have something we want to consider. Some things do act as magnets, but those things are limited and specific, and don't correlate very highly with potential setup areas, in my experience.

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?