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

And wow, does it 'see' it. Now watch the checkback areas and the reactions to them.

Originally posted by jimkane

Now, notice it's right at the key breakdown backtest line. This is profoundly important in this situation.

So, this can be an example of having a play on that keeps running, and buying a dip for an additional one leg play. This one is a bit small, but I personally think it was a play for a highly skilled trader.

Originally posted by JaLee

Yes, and away it goes again.

Originally posted by jimkane

See the KZ dip there?

This sooooooooooooooooo looks like a short here.

You know how they like to make it look like that before they pop it, once the suckers are trapped. I would be watchful of that in here.

See how they do that?

don't say it

Originally posted by jimkane

This sooooooooooooooooo looks like a short here.

So, they make it look weak, obvious, get some suckers in, blast it up to smoke 'em out, then drop it. Now, have they got new suckers in, then up for the real move? Or another shake out?

If you don't know who the sucker is... then it's you?

Originally posted by jimkane

So, they make it look weak, obvious, get some suckers in, blast it up to smoke 'em out, then drop it. Now, have they got new suckers in, then up for the real move? Or another shake out?

Now I have to wonder, is that 53.50 is the HOD? If they don't come back in soon, I'm thinking so. That would mean the low is in play.

I have heard that before.

Originally posted by JaLee

If you don't know who the sucker is... then it's you?

Originally posted by jimkane

So, they make it look weak, obvious, get some suckers in, blast it up to smoke 'em out, then drop it. Now, have they got new suckers in, then up for the real move? Or another shake out?

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?