Starting it off. Here are some Double Tops and some Kane ABCDs. Just examples, not traded. I am looking for an edge, or a bread and butter trade.

A :--)l







Comparing ML sets based on a 3D and a Double Top.


Kane Flat ABCD at Upper ML // of blue ML set.





Kane TD completing at 0.618 area.

Paper traded this first chart and had a good result. Here is what I think is a good example of a trade I call the "Pocket"
trade.
Al :--)

1. 5 minute chart. Bottom.
2. Death Cross
3. 8 crosses the 20 up.
4. STO trough. Price reversal at 0.500 fibo.
5. STO trough
6. Gold Cross


I got suckered into this upward move into the 0.382 fibo/50 reversal. I have got to stop trading foolishly like this!


Easy to see the price reversal at the 200 on this chart.

Al

Thanks Al. Nice charts also!!!!!

Originally posted by Duane

Ain't no stopping us now, we on the move! You get 10 credits if you can name the group! Is 146 holding? Looking like a 1 not a C . I have to admit that Gold continues to defy my admittedly perfectly laid out plans. :) How Jim says after 1.616 it is no longer a reversal. Good thing is we have RAT to decipher this Market!!

Click image for original size

McFadden and Whitehead. I cant remember hearing this one, but it has a good beat and great lyrics!

Al

fantastic charts duane....gld and gdx indeed pushed to extremes today ahead of the fed minutes, and reversed hard at 2 pm eastern....gdx measured move targets 21.08

Momentum wise, as displayed by the StoRsi Monthly overbought, Weekly oversold, daily overbought

I am so sure that maybe gold will definitely make a bear , bull, bear move . Probably.

gld 60 and daily...I'm sticking with an abc down flr wave [4] to set up a larger move up until it fails. The question in my mind is how far will it move down, and where will they pick it up, knowing that they were "wrong" at 120.96? A double 1.27 sets up at 119.93/ 120.20, so eye on that for now...

gdx

fas....I was recently telling a trader friend not to be short at 58 and to wait for a retest of 66? fas now has a double top at the confluence of lines and right where 81.74 - 36.51 = .685. There is an algo whereby .685 in BOTH directions leads to a move to the .886 - see the daily. Also note that in september, fas turned down before spx, but in december they turned up together.

I have to give it Jim, he helped me we defined fib pattern to make the pattern clearer. Check out this Brexit pattern. Lower lows spell trouble for the pound?



Some context.