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JI
jimkane
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Posts: 33,089
No one else did it, so I'm kickin' it off.
MA
MarcinO
Rep: 67
Posts: 5,506
Two of the areas mentioned above.

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6b 2016 05 04 png
MA
MarcinO
Rep: 67
Posts: 5,506
3D and down?

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6b 2016 05 04 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
Idea for that level. Haven't we seen that somewhere?

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6b 2016 05 04 2 idea png
MA
MarcinO
Rep: 67
Posts: 5,506
But they blew it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, look where the ES wound up... If you look at the lines and see where they are at the time it hit, it is right at the first area. I'm not too surprised.
JI
jimkane
Rep: 3,058
Posts: 33,089
And they're off!
JI
jimkane
Rep: 3,058
Posts: 33,089
So, it hit the area, and came back in in an ABCD 'retest', so the obvious play was long here.
JI
jimkane
Rep: 3,058
Posts: 33,089
The question is, where are the key management areas? In other words, what's the play?
JI
jimkane
Rep: 3,058
Posts: 33,089
First place to look, the ABCD level. Where is that? Right here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Recall sometimes something will hit that first area. roll over, and continue the downtrend. If the area is not to hold it frequently will create a reaction to set itself up for being taken out, in my experience. That's why we watch things for clues.
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?