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

The bottom line is we can see lots of areas from various timeframes. It's up to us to decide which areas we want to trade off of, which we want to use for management, and how to read the clues off of all of them. Then we construct plays based on our assessments and 'Trading Plan'.

16 pips reaction off low at 64.

Originally posted by MarcinO

Good afternoon, all.
Pound is makign another attempt to break above 1.47 (we know that region).
Correction to 1.4662 should start another leg up. Alternative region is 7 pips lower.

Now now it looks as if one more leg down is needed.

It no like-ee 74.

One of the greatest things I have ever discovered can be summed up in the following quote. "It's all about degrees." It's not something I would discuss even in slight detail without a rigorous non-disclosure in place, and only if I really trusted the person. I would sure never discuss it in any forum. But if you learn this approach to the master level I believe you'd look back on that statement and say "Yeah, that is so true."

So, why did it pull back in here to where it did, from where it did, and 'see' it. How about all the possible scenarios I am looking at here, how do they all relate? How can they be used to construct plays? It's all in the degrees.

And they did it. New low at 63. Is it done here?

Originally posted by MarcinO

Now now it looks as if one more leg down is needed.

74.50. If we were to get a bigger checkback before this is done I'm prefer this hit the high end of this shorter-term area, but it isn't a necessity.

Let me quote, well... me. "As it is written, so shall it be. It's not me, it's the tools."

Originally posted by MarcinO

And they did it. New low at 63. Is it done here?

Originally posted by MarcinO

Now now it looks as if one more leg down is needed.

Right. KT methodology is suprisingly good.

Originally posted by jimkane

Let me quote, well... me. "As it is written, so shall it be. It's not me, it's the tools."

Originally posted by MarcinO

And they did it. New low at 63. Is it done here?

Originally posted by MarcinO

Now now it looks as if one more leg down is needed.

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?