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MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable going above 1.27. This is interesting here, as my Fib works favour 1.2710-20 but key lines are at 30-40. We will see soon...
DU
Duane
Rep: 100
Posts: 1,095
Exhaustion in the Guppy, line held.
DU
Duane
Rep: 100
Posts: 1,095
Yeah, both pairs have sweet ABCD's at a good spot, we are heading south.
MA
MarcinO
Rep: 67
Posts: 5,506
Exactly. Great minds think alike.

Originally posted by Duane

Yeah, both pairs have sweet ABCD's at a good spot, we are heading south.
DU
Duane
Rep: 100
Posts: 1,095
USDCAD progressing nicely. at trendline now.


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usdcad primary analysis dec 08 0621 am 1 day png
RA
rat89
Rep: 0
Posts: 7,015
retest at .886 at line
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screen shot 2016 12 08 at 9 38 06 am png

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screen shot 2016 12 08 at 9 55 14 am png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2016 12 08 at 9 54 27 am png
AL
albert
Rep: 99
Posts: 3,094
Originally posted by Duane

Thanks, Albert, I consider it a compliment to be called rat. I would love to see more if your charts and know your trading style.


Duane,

You Flatter me. I am only showing the good looking (imo) charts, LOL. After today's trading, all I can say is I am glad I was only paper trading. I was wrong today!
I started looking at more indicators because I am not very good at drawing Median Line sets. Send me a personal message, if you want. I look at different time frames around the Bullish and the Bearish 50 and 200 ma Crossovers for stocks, etc. and see what I can see. KaneTrading precepts help me a lot.

Good Trading,

Al Kamego
AL
albert
Rep: 99
Posts: 3,094
Originally posted by albert

Originally posted by Duane

Thanks, Albert, I consider it a compliment to be called rat. I would love to see more if your charts and know your trading style.


Duane,

You Flatter me. I am only showing the good looking (imo) charts, LOL. After today's trading, all I can say is I am glad I was only paper trading. I was wrong today!
I started looking at more indicators because I am not very good at drawing Median Line sets. Send me a personal message, if you want. I look at different time frames around the Bullish and the Bearish 50 and 200 ma Crossovers for stocks, etc. and see what I can see. KaneTrading precepts help me a lot.

Good Trading,

Er, make that a private message.

Al Kamego
DU
Duane
Rep: 100
Posts: 1,095
Missing Jim. Here are a few of his nuggets that I needed to here...

"If there is any secret at all to trading, it is to trade only those areas that are in this sweet spot."

J.Kane

"I never try to guess my way out of a range."

-Jim

"But, understand, trying to play 'W2's' is a fools game 99.99% of the time (not an actual stat, this is a figurative statement) unless the high is a clear PTA unto itself. Can we say, unequivocally, that the recent high was the top??? Then I'm not expecting the 'W2' area to do much."

Jim Kane



AL
albert
Rep: 99
Posts: 3,094
Originally posted by Duane

Originally posted by albert

NEM on the 5 minute TF. After the open, it looked like NEM met resistance at the 8 and 20 mas, on the 1 minute. and on the 5 min TF, resistance at the 34 and the 200. Note Bearish 50 X 200.


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19 sc png


Al


Nice trade Albert


Duane,
Thanks. Actually I did not trade that one, darn it. I thought the chart showed some of the things that I look for when trading. I am trying to move my 20/20 hindsight to foresight. : )

Al