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

So, one possibility is just a 'retest' here, preferably with a nominal new low i.e. just tick it below the LOD, but it may just be in here at the price flow and key set line. The other possibility is a move to the next level. That level is around 26.25-31.50.

Note that there are key shorter-term lines and the 1.272 around 37-38.

This would be a DBS (double barrel shotgun) from roofer, overlapping 1.272's at that area.

I'm actually going to be a bit surprised (pleasantly) if they let this go.

Hit the RTH LOD to the tick...

This was from 10:13 AM. Notice the italics. I rarely emphasize something like this so much. Just look at a blank chart and that one line. A 5-min is good.

Originally posted by jimkane

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

Just waiting on some sellers. There are not 'net sellers' in the market right now, and there may not be. 'Net' buyers or sellers is a term I use to describe what it takes to create a strong trend.

That 37-38 is just screaming off the chart at them in the very-short-term. But they don't want to let it go, and if it takes too long it is super vulnerable to a buy program.

What to I mean by 'super vulnerable'? My experience is that some bots (algos. programs, whatever you call them) are timed programs, in that if something happens for a period of time and some condition doesn't take place, the algo is triggered.

Watch for that buy program...

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?