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

Yes, I'm starting to apply what you've been saying...

Originally posted by jimkane

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?

Now given how much they would want to sweep the overnight highs in a layout like this, their failure to even get close is a big clue. They can still make a stand in here, but if would have to be soon, and I'm not seeing it. The sharks have to be smelling blood in the water.

GZ. Quoting Edgar Friendly from 'Demolition Man': "Time to take a stand, pal". If they don't hit it here, they may be toast.

They just squat on the GZ, testing it over and over, then pop goes the weasel. Let's see if it sustains, or was just another game trap for all those anticipating the break.

One of my newer but rapidly becoming 'famous' sayings is 'It's all about the games'. The more you understand them, the better you should see things. Another key thing to understand is the more it is trending, the less games they play. The more it sits or goes sideways, the more it shifts to games. On a flat, dead day it can be essentially 100% games, in my experience.

Originally posted by JaLee

Yes, I'm starting to apply what you've been saying...

Originally posted by jimkane

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?

In case it wasn't clear, the quote was directed at the market, not us traders.

Originally posted by jimkane

GZ. Quoting Edgar Friendly from 'Demolition Man': "Time to take a stand, pal". If they don't hit it here, they may be toast.

So, now we just wait here as it 'consolidates' on the 1-min, to see if they come in for another leg or not. Yawn.

Out of that little consolidation to the downside. So, is that a sucker trap? At some point this may start to trend strongly, so be ready for that.

This is on the edge of collapsing into the next level down. If 'they' don't come in, this thing is going to get roasted like a chestnut at Christmastime.

Right off the KZ, but I expect they will just start playing games in the GZ again. The only position here, to me, is short off that KZ.

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?