Trade what you see NOT what you expect

Damn...looks like we're having a fire sale, any reasonable offer accepted!

Ok closed my short looking to go long

that's a monster of a weekly candle.

Got to run get some breakfast burritos little lady has the day off screaming for food check back in a bit have a long po set at 1.6241 c what happens

Hey Al, what's with the pound? Did they decide to keep Browneye in office?

More Price Action examples

Yet another chapter in the great book you've been posting here Ken Lee. Greatly appreciate your inputs and insights, as I'm sure many others do.

I just have to ask - with producing all these charts and aids, when exactly do you find time to trade?

hey cisco

yep a bit of abandonment on the crap currencies mate. only thing weaker than the printed paper from washington is the recycled re-printed toilet paper with the portrait of the old lady on it. didnt help that swerving king says we may need to lower rates to negative deposit rates... looks like eusless is getting all the deposits now mate. EURGBP cracked 90 today and looks like gbp wants parity with the eur faster than you can say "abandon shit!"

The only time we get a decent rise in GU is when EG retraces or hits resistance like now. If they can get rid of those slobbering idiots in the BOE or fire the Brown hole we may get a decent ride.. otherwise I am not holding my breath that we will get back above 164 in the foreseeable future. Mathematically as long as EG holds above 0.90 the only time cable can get near 16400 is if EurUsd breaks above 14770.. and that pair is more useless than George Bush without daddy.

Keeps me from trying to jump into a trade to fast after one is done or if I exited to early. (my main issue) Plus helps me to see what I might have missed if I go over it enough times with everyone we will start to see all this without even looking for it.

Hope your doing well .. Ken

Some days u in the zone....some day u not!

Could only pull the trigger once this session for a long at 6320, looking for a double bottom. Gave back 15 or so quick and in a hurry!

Think I will close my last southbound soldier off 6550 area from yesterday......that will make me feel better.

Thank you thank you thank you Kenneth

Have a great weekend all I calling it a wrap cya Monday morning ciao!!

I just closed my 1st 300 pip trade. Owe it all to Eo and guys in this thread.

Time to go speak to Bob......!

See you all next week. Don't forget to party!

That is just awesome .. My turn next week

Thank you, thank you, thank you Ken.....by jove I think she's got it

After you posted your instructions earlier in the thread I went over to the GU 15min chart and look at where I put the lines. Then went short at 1.6356 after the spinning top then the next candle couldn't close above either (1) then went long at the double bottom (2) and then with more confidence than the first time, went short when it failed to close above again (3). I am so pleased, but its only because of the way you laid it out

Just realised I put the circle around where I actually entered the trade on position 1, the spinning top I was referring to was 2 bars before that candle.

Ken- Just want to say thanks for your excellent posts. They are a massive part of this thread and I have learnt so much from them. Your time spent putting them together and your kindness for sharing them with us and helping me and others progress with our trading is very much appreciated.

thanks

Congrats bro. A job well done.

As you told me...Old guys rule!

Where the hell is proprietor of this establishment? He's been conspicuously absent.

When the last one leaves for the weekend would you turn the lights off, please?

Okay...here's a little something to help you ease into the weekend in a mellow way.



Drive safe, love on someone and don't forget to party!