Ken.. I'm just reading back through this thread... Whats living on a boat like? Do you live on it year around?
Cap
Trade what you see NOT what you expect
- #28,302
- Jan 6, 2010 6:57pm Jan 6, 2010 6:57pm
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #28,306
- Jan 7, 2010 12:55am Jan 7, 2010 12:55am
- Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts
Does he plan to leave?! Not now!I'm only now starting to dig into his method! He's got an awesome reputation. EO, please don't leave!
Just digging in the trenches like everyone else!
- #28,307
- Jan 7, 2010 2:33am Jan 7, 2010 2:33am
No, I'm not leaving. He was referring to the fact that I had stopped my commentary and what I was looking at during after the US Session got underway and we all made some nice pippage together. I use to do it all day during the US session for many months, but I have other obligations that have kept me away. I have a goal of being here more this year than I was at the latter part of last year.
- #28,310
- Jan 7, 2010 4:19am Jan 7, 2010 4:19am
Hi everyone and happy new year.........
Short off the 9.30 gmt 15min closed candle, Stop above the 21 ema....looks like the longs are trying to fight this level for a while so lets see what happens.
Good luck and prosperous trading to everyone and hope the thread stays focused and peaceful as it did in 2009.
This peaceful tone especially needs to be commended as I believe it contributes to the huge amount of learning we all receive.......... so thanks to everyone who chooses this approach as opposed to any other......
Short off the 9.30 gmt 15min closed candle, Stop above the 21 ema....looks like the longs are trying to fight this level for a while so lets see what happens.
Good luck and prosperous trading to everyone and hope the thread stays focused and peaceful as it did in 2009.
This peaceful tone especially needs to be commended as I believe it contributes to the huge amount of learning we all receive.......... so thanks to everyone who chooses this approach as opposed to any other......
- #28,312
- Jan 7, 2010 5:16am Jan 7, 2010 5:16am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #28,313
- Jan 7, 2010 5:27am Jan 7, 2010 5:27am
Cheers DD and good trade.
I had my asia session low which I also take note of on the London session. The 9.30 closed below it, so gave me extra confirmation. I think I can guess a few names who "like you" would have taken the better entry
.
I closed half btw and I'm trailing the move with my stop above the 15min 21ema.
Good luck
morning Ken read all your posts you wrote over the hols... as usual
great stuff.
I'm headed out for a few hours so back later.
I had my asia session low which I also take note of on the London session. The 9.30 closed below it, so gave me extra confirmation. I think I can guess a few names who "like you" would have taken the better entry
.I closed half btw and I'm trailing the move with my stop above the 15min 21ema.
Good luck
morning Ken read all your posts you wrote over the hols... as usual
great stuff.I'm headed out for a few hours so back later.
Now here's something to ponder over. Who would have shorted when price touched the 10ema on the 09.30gmt candle at 5949,and who would have waited like Rob until it closed to take the short.It meant a difference in entry price of about 10 pips.
Myself,I would have shorted the touch of the 10ema as i also had S1 right there at 5951,a weekly open(from some week back) also at 5951.
Good trade Rob btw,i'm just curious as to how people feel about the Two options.
thanks for for the congrats but I have to admit ,i did'nt take the trade,was just curious as to who thought what,as a better entry gives a tighter stop and less risk to your capital.
I was wondering if you had taken any off yet and what you were doing about the stop,glad that your in the green and taking care of business with the rest.
I was wondering if you had taken any off yet and what you were doing about the stop,glad that your in the green and taking care of business with the rest.
- #28,317
- Jan 7, 2010 6:44am Jan 7, 2010 6:44am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Hi Ken
Took a trade very early in the morning (i'm from uk)...and placed a limit order (LO) and then hit the sack. Woke up to find the LO triggered for some green pips!
Just need your thoughts if this was the right type of signal to take the trade?
Yes that is close to a shooting star . Wick should be 2-1/2 longer than body but sometimes that doesn't happen. But stop above that wick was good spot. I was thinking to take a trade a bit lower thna that but noticed some Australia news was coming out. Whic I think was why it went a bit higher.
Don't know if you took it all off with your Limit order But a partial profit taking could have gained you another 50 pips. Nothing better than waking to green pips.
Great trade ..
Good Trading To All ; Ken Lee
- #28,320
- Jan 7, 2010 7:37am Jan 7, 2010 7:37am
Yes that is close to a shooting star . Wick should be 2-1/2 longer than body but sometimes that doesn't happen. But stop above that wick was good spot. I was thinking to take a trade a bit lower thna that but noticed some Australia news was coming out. Whic I think was why it went a bit higher.
Don't know if you took it all off with your Limit order But a partial profit taking could have gained you another 50 pips. Nothing better than waking to green pips.
Great trade ..
I spread bet so the LO took it all off.
It's a dirty job but someone's gotta do it!