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JI
jimkane
Rep: 3,058
Posts: 33,089
No one else did it, so I'm kickin' it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let's see if this time they can take out the lows and head to the next area, or if 'they' will keep defending it like their lives depended on it, which they do.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, it's showtime.
JI
jimkane
Rep: 3,058
Posts: 33,089
Just sitting on the edge of a cliff, dangling its toes over the side.
JI
jimkane
Rep: 3,058
Posts: 33,089
Pretty frickin' amazing. So, 'they' sense it's on a cliff and they come in, again, kinda like you'd expect. Where do they bounce it to? The KZ, which stops it dead. No rollover so far. Enough of a test, and now they can gun it a bit, again? Or is it only a matter of time until they can't hold it?
JI
jimkane
Rep: 3,058
Posts: 33,089
Now look at that same tick chart. See anything familiar? Yep.
JI
jimkane
Rep: 3,058
Posts: 33,089
And now an ABCD. See how this repeats, over and over and over? It seems to do the same things and the areas are clear (my opinion), you just make assumptions, read the clues, and see if they are consistent with those assumptions, or are not. Then do the necessary adjustments.
JI
jimkane
Rep: 3,058
Posts: 33,089
Either way, timing-wise, this should be done with this area soon. Up or down, it has to decide. Markets aren't just price levels, they are price levels come together with time. Both have to be right. Armstrong talks about this all the time.
JI
jimkane
Rep: 3,058
Posts: 33,089
And people (well, some people, well, maybe one person...) laughs at me and mocks me about calling every wiggle... See it roll off that ABCD?
JI
jimkane
Rep: 3,058
Posts: 33,089
One thing for sure, this is coiling like crazy and is really going to do something soon, and it will likely be substantial.
JI
jimkane
Rep: 3,058
Posts: 33,089
How many times is it going to keep trying this low?
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?