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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #26,021
  • Sep 13, 2009 12:38pm Sep 13, 2009 12:38pm
This is the chart setups I use there are a few more available I just find these the main ones that work for me.. I was a bare chart trader and it took me a while to trust in these MA's and at times my charts still seem crowded. But the others are important too. and I wouldn't forgo them . They are in the PDF .. Might check there for them Plus everyone should make sure they are using the correct MA's ema or sma it matters.
and is amazing how many long timers don't have some of the basic ones on there charts.

actually the only one not here from the pdf is the 50 sma 15 min. Which at one point was optional but I don't think anymore.
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Good Trading To All ; Ken Lee
  • #26,022
  • Sep 13, 2009 12:46pm Sep 13, 2009 12:46pm
Quoting KENNETH lEE
I don't have word I use notepad.. the jpgs work if not great as you can view on your fax picture viewer. Someone will hate it and convert to a pdf anyway.. LOL
thanks bro! ....man i have to hand it to u....
not many would do what yur doing, boye! is it great to see so many great people in one place...i appreciate all u do ..thank u

good weekend to all...
  • #26,023
  • Sep 13, 2009 12:56pm Sep 13, 2009 12:56pm
HI Guys again,


I was away for a while and could not be on the thread and trade, but from monday i will come back full time again. Hope everyone has made a lots of pips recently.
Ken you are dooing a great job and owning a nice boat...And live one of the best place in the world. I had a chance to visit Key west many times and love that place..I hope you are profitable already you really deserve it.
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  • #26,024
  • Sep 13, 2009 1:04pm Sep 13, 2009 1:04pm
HI EO,

How are u doing bro?
  • #26,025
  • Sep 13, 2009 1:10pm Sep 13, 2009 1:10pm
Quoting KENNETH lEE

EO Hater and Infinity's



Trade What You See Not What You


Expect !


A Complete Trading Strategy for All Price Movements
I love your posts brother! Please keep them coming!

I recommend newbies or those who are struggling, to take these posts and compile them and read them along with the pdf.
Just digging in the trenches like everyone else!
  • #26,026
  • Sep 13, 2009 3:54pm Sep 13, 2009 3:54pm
I have been following this thread for a while now and I'd just like to say a big thank you to everyone who contributes to this thread everyday. It is by far the most educational thread here on FF.

I incorporated the MA's onto my charts a few months back, and even though it took some time before I trusted them, I decided to grow a pair of steel balls and started pulling the trigger when a set-up came along. Since then my weekly pip count has increased drastically!

I'll try my best to contribute and post a chart when I can.

  • #26,027
  • Sep 13, 2009 5:27pm Sep 13, 2009 5:27pm
jpg * 8
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Good Trading To All ; Ken Lee
  • #26,028
  • Sep 13, 2009 5:29pm Sep 13, 2009 5:29pm
Thanks Ken. Your tireless effort is very much appreciated.
Great Bodies are Engineered not Born
  • #26,029
  • Sep 13, 2009 7:42pm Sep 13, 2009 7:42pm
anybody considering 62EMA on GU? Or is it too early in the day/week?

cheers,

tdeu
  • #26,030
  • Sep 14, 2009 12:17am Sep 14, 2009 12:17am
Quoting tdeu
anybody considering 62EMA on GU? Or is it too early in the day/week?

cheers,

tdeu
How to effectively tackle this 62EMA?
Great Bodies are Engineered not Born
  • #26,031
  • Sep 14, 2009 12:23am Sep 14, 2009 12:23am
still waiting for an answer from you guys about a broker that I can use for trading.

Darhod
  • #26,032
  • Sep 14, 2009 1:08am Sep 14, 2009 1:08am
  •  refugee
  • | Joined Aug 2009 | Status: Be patient, cautious, & skeptical. | 50 Posts
Quoting Darhod
still waiting for an answer from you guys about a broker that I can use for trading.

Darhod
I guess it all just depends on what kind of trading you plan to do. The broker discussion forums are probably a more appropriate place for this question though. I made my choice and analyze how I trade...I don't analyze how my broker handles my trades.
  • #26,033
  • Sep 14, 2009 1:31am Sep 14, 2009 1:31am
Quoting RichLadyFX
How to effectively tackle this 62EMA?
Long @ 6619, stopped@ 6585
Great Bodies are Engineered not Born
  • #26,034
  • Sep 14, 2009 1:37am Sep 14, 2009 1:37am
I wonder if enough traders have to sit in front of the screen to make this setup work (self fulfilling prophecy?!)?

tdeu

Quoting RichLadyFX
How to effectively tackle this 62EMA?
  • #26,035
  • Sep 14, 2009 1:45am Sep 14, 2009 1:45am
Quoting tdeu
I wonder if enough traders have to sit in front of the screen to make this setup work (self fulfilling prophecy?!)?

tdeu
Some would say that that's how pretty much everything works in trading. I think in this case, with price on or just below the 62ema for several hours and with no candle reversal signal, either a sell or stand-aside option would have been best. The start of this hour's candle provided a retest and fail of the overnight (under 62ema) range.
'The past will always show us the future'
  • #26,036
  • Sep 14, 2009 1:46am Sep 14, 2009 1:46am
  •  refugee
  • | Joined Aug 2009 | Status: Be patient, cautious, & skeptical. | 50 Posts
Quoting tdeu
I wonder if enough traders have to sit in front of the screen to make this setup work (self fulfilling prophecy?!)?

tdeu
I would believe that the 62 1 hr ema is a guide that often finds itself at a S/R level. So it's not necessarily a self fulfilling prophecy... yet any positive movement on my fx trades would technically be a self fulfilling prophecy shared with me and the people who made the same jump.


but don't take my word for it!
Attached Image
  • #26,037
  • Sep 14, 2009 2:36am Sep 14, 2009 2:36am
Quoting tdeu
I wonder if enough traders have to sit in front of the screen to make this setup work (self fulfilling prophecy?!)?

tdeu
Hi all,

About 62ma i used it but only with candle confirmation on 15M or 5M, since Asian session, i only took short position on GU,EJ and GJ (and at different support i took some profit).
Trade with the momentum
  • #26,038
  • Sep 14, 2009 2:43am Sep 14, 2009 2:43am
  •  refugee
  • | Joined Aug 2009 | Status: Be patient, cautious, & skeptical. | 50 Posts
dblhc on the 15 min??
  • #26,039
  • Edited 4:44am Sep 14, 2009 4:34am | Edited 4:44am
Quoting PippiNole
Hey Dirrall are you banking some pips or are your customers getting in the way?
Quoting KENNETH lEE
No not another one . whos job is getting in the way of making a living ..

Hey Pippi, Ken,

I've really got to sort out my priorities and start locking the door
  • #26,040
  • Sep 14, 2009 5:03am Sep 14, 2009 5:03am
Quoting Darhod
still waiting for an answer from you guys about a broker that I can use for trading.

Darhod
Darhod....everybody here uses different ones....as for me, I use a swiss broker, MIG....it is MT4 platform....spreads are excellent (gbpusd=3 pip fixed) and never had a problem with them...In the past i used InterbankFX but got away from it because it is US based and the recent ruling (may 09) was a pain to deal with..Hope this helps
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