Trade what you see NOT what you expect | Page 1467 | Forex Factory

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Trade what you see NOT what you expect

  • #29,321
  • Jan 16, 2010 6:31pm Jan 16, 2010 6:31pm
Quoting KENNETH lEE

The reason I will stop is I just can't stand a hypocrite.
That would be the exact reason I'd stay around, if I were you. To walk away would make that person the winner.
Hi, my name is Barry and you can keep your doctor...
  • #29,322
  • Edited 8:23pm Jan 16, 2010 7:56pm | Edited 8:23pm
Quoting KENNETH lEE
This will probably be my last post on this thread. I have been asked by one of the Senior traders here not to post charts as posting the 15 min is being detrimental to your success. ..
Well this is a SAD day indeed Ken. While I do hope you'll reconsider, I'll not try to talk you into staying as I know not the whole story. But YOUR guidance and HARD work with everything you've done here has been a TREMENDOUS help for me personally and I simply can't thank you enough for your selfless efforts to teach us.

Please ALWAYS feel free to post in my journal anytime, as much as you like and if you would, please PM (or email if you still have it), me with this "other site". While I'll always be here with EO and the gang, I'll surly look into yours as well.

Peace, love and a long healthy life of profits to you my friend. If you go, you WILL be missed.

P.S. I also agree with Cisco!!
Ghost Rider - WWTBMD?
  • #29,323
  • Jan 16, 2010 8:39pm Jan 16, 2010 8:39pm
Quoting KENNETH lEE
This will probably be my last post on this thread. I have been asked by one of the Senior traders here not to post charts as posting the 15 min is being detrimental to your success...
dude unless it's EO tell them to stuff it.
I don't know you but i now you work hard to post good info.
I personally don't trade EO's system, but he helped me a long time ago to set up my charts which has added a lot to my success. He knows i trade a 5M TF and even EO as asked me to go ahead and add to the community. Honestly i have hesitated a bit because i don't want to sway direction to people who are figuring it out, but also i KNOW i won't be able to answer the questions as well as you have/can/do.

So for what's it's worth, stick around and add you input.

and for the record, i like the bit that you said about "trading may not be for everybody....emotional hurdles...et. al."...
nothing could be more true. It has taken every minute of the last thre years to become good at it where i am finally making money. It took me 2 years to develope the emotional strength to withstand trading and another year to develop/see my system.

so for those of you that are reading this that are newish at trading, like Ken said, there is no magic pill that will make you rich. It's the same as anyother career....work work work....failure, and more work work work. You won't be good until you control your emotions (if you can and some of you can't) tear apart you failures to recognize your weaknesses in your trading and do it all over again till you get it right. I still don't have it nailed, but i stay open to my failures even the small ones and learn from them.

Hope you stick around ken
dak
  • #29,324
  • Jan 17, 2010 2:45am Jan 17, 2010 2:45am
I have bn trading forex and most of the time I come up with loss. I study the chart and take the decission( I mean buy/sell). But it ends up with loss. If you can help me in studying the chart it would be thankful.
  • #29,325
  • Jan 17, 2010 2:52am Jan 17, 2010 2:52am
Ken, there haven't been any senior traders apart from of course, EO and Cisco that have helped new people on this thread for a very long time, its obviously not either of those.

Anybody else apart from those 2 and Infinity when he's here, have no right to ask you not to post those charts without at least adding something constructive themselves. I'm sorry if that upsets anyone, but you have kept this thread and the interest going and for you to leave now would just not be right. I totally agree with Dakrusha, unless it is EO telling you something....tell them to stuff it.
  • #29,326
  • Jan 17, 2010 2:56am Jan 17, 2010 2:56am
Quoting xaryfiu
I have bn trading forex and most of the time I come up with loss. I study the chart and take the decission( I mean buy/sell). But it ends up with loss. If you can help me in studying the chart it would be thankful.
First question: Have you studied the 2 pdfs you can find in the first post in this thread?
  • #29,327
  • Jan 17, 2010 3:11am Jan 17, 2010 3:11am
Hi all - ken, as you will know I do not post very often but I swith this bb on the same time as my platform and bloomberg. This forum is for everyone ans all but a select few have the minimal amount of right to ask you to leave so if they have the issue they should go. i have been trading for two years now but much more efficintly thanks to eo and team and all constructive contributors. I actually read every word you and eo and a few others (you know who they are) post. and on Friday just gone the banter between traders on here was not strictly professional but was good fun and keeps trading a little more interesting. so I will say You stay where you are, doing what you do ans if the other person doesn't like it well they know what they can do. If not please let me know where you post so I can follow. thanks ken for all your thorough explanations and keep it up. as to everyone else happy trading and thanks for keeping it fresh, especially last Friday - what happened to you all see you in 12 hours
Sleeping boys catch no fish
  • #29,328
  • Jan 17, 2010 3:52am Jan 17, 2010 3:52am
Quoting albchr
Well this is a SAD day indeed Ken. While I do hope you'll reconsider, I'll not try to talk you into staying as I know not the whole story. But YOUR guidance and HARD work with everything you've done here has been a TREMENDOUS help for me personally and I simply can't thank you enough for your selfless efforts to teach us.

Peace, love and a long healthy life of profits to you my friend. If you go, you WILL be missed.

P.S. I also agree with Cisco!!
ditto, kens the man!
  • #29,329
  • Jan 17, 2010 5:36am Jan 17, 2010 5:36am
Ken, You have many friends here who regularly post and will greatly miss you. Your additional explainations help me and many others to understand EO's terrific work, with out your regular input I for one will probably lose my way again. I think that it is both selfish and cowardly for another trader to ask you, in private, not to post. This thread is for the benefit of all and I am sure that most appreiciate your posts( for the benefit of those who don't there is an ignore feature). Please stay and continue your valued contribution, with out you the thread is in danger.
" When the ship starts to sink, don't just pray. JUMP "
  • #29,330
  • Jan 17, 2010 5:45am Jan 17, 2010 5:45am
I am very sorry if I have been the cause of unproffessional banter that has caused offense to you or distracted you from trading. Please accept my appologies
" When the ship starts to sink, don't just pray. JUMP "
  • #29,331
  • Jan 17, 2010 6:23am Jan 17, 2010 6:23am
Hi gladis - hope your weekend is going well no need to apologise to me for the banter like I said I don't post here enough to warrant that. If it offended me I would not tune in. Fridays thread was enjoyable and certainly did not detract from my trading. Sorry if I came across the wrong way happy trading oneand all
Sleeping boys catch no fish
  • #29,332
  • Jan 17, 2010 7:11am Jan 17, 2010 7:11am
Quoting xaryfiu
I have bn trading forex and most of the time I come up with loss. I study the chart and take the decission( I mean buy/sell). But it ends up with loss. If you can help me in studying the chart it would be thankful.
Hi
if you can post your trades / charts it will help us all to analyse
" When the ship starts to sink, don't just pray. JUMP "
  • #29,333
  • Jan 17, 2010 7:41am Jan 17, 2010 7:41am
Quoting Gladis Night
I am very sorry if I have been the cause of unproffessional banter that has caused offense to you or distracted you from trading. Please accept my appologies
Gladis, please don't think that for a second!! One quick review of all the posts Friday clearly shows we ALL had a LOT OF FUN with the "banter".

I think I can speak for all the "regulars" here when I say, without a little fun, this becomes just a BORING J.O.B. !!

You've done nothing wrong IMHO and in fact, made Friday a fantastic day of fun and laughter between friends. EO himself took part in it and that should tell you everything you need to know.

For those who can't enjoy the fun, they can use the ignore button. Of course if they do, they'll blank out just about every trader here because we ALL take part in it.
Ghost Rider - WWTBMD?
  • #29,334
  • Jan 17, 2010 7:49am Jan 17, 2010 7:49am
Hi Ken

I dont post much, but I feel compelled to post,every single evening when I get in from work, I read whats been said through the course of the day, then look back at my charts, just to see how each trade developed, I read everyones contribution to the thread, I have learnt so much from you,I feel you are fantastic contributor to this thread,especially your explanations,as to how you see the trades, and the charts you post,
so please reconsider.
  • #29,335
  • Jan 17, 2010 8:02am Jan 17, 2010 8:02am
I hope you are not having a go at me there albchr, I clarified myself to gladis in my second post
Sleeping boys catch no fish
  • #29,336
  • Jan 17, 2010 8:47am Jan 17, 2010 8:47am
Quoting wmloto
I hope you are not having a go at me there albchr, I clarified myself to gladis in my second post
Ummm...I don't know who you are, never saw any of your posts and was simply replying to my friend Gladis's post.

And, I never "have a go" at anyone....
Ghost Rider - WWTBMD?
  • #29,337
  • Jan 17, 2010 11:23am Jan 17, 2010 11:23am
Quoting albchr
I use SIGTrader 4 for the USD, YEN, GBP & EUR indexes. But remember it's just another tool in the box. I don't trade off them. I just look for some additional confluence to add to EO'S method and a few others I've studied.

I've finally come to understand that it's the combination of ALL these things that gives me a "possible" edge.

When I grow up to be like EO, I'm sure I'll use "mostly" this method.

EDIT: One thing. on the yen it's inverse meaning that when it goes UP on the chart, the yen is getting weaker. Go figure...LOL
thanx albchr

i will ask my broker, they might give me these chart.
Never sell @ lower upward channel unless breacked and vise versa .
  • #29,338
  • Jan 17, 2010 11:47am Jan 17, 2010 11:47am
This is way to much Drama.............Let me throw this out there!

We take direction off the higher time frames. We knew that there should be resistance off the 50sma on the daily. With a TL there and 1 of our favorite ma's, it was "High Probability" that there would be a bounce down off of it! Boom, we have direction!

Every trade set up in Eo's method is based off entries on the 15m chart! How in the hell can Ken Lee be dissed for drilling the method into our thick heads?
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  • #29,339
  • Jan 17, 2010 11:53am Jan 17, 2010 11:53am
Hay Ken.....If u post the name of your favorite bar in Key West....... I will call down their and put a round of drinks on your tab!

  • #29,340
  • Jan 17, 2010 12:10pm Jan 17, 2010 12:10pm
Quoting KENNETH lEE
This will probably be my last post on this thread. I have been asked by one of the Senior traders here not to post charts as posting the 15 min is being detrimental to your success. That I am not stressing enough that the main focus is the longer time frame levels. That is on the first page of my pdf and I do mention time and again. Unfortunately not all of us have the ability to be at our charts when all those levels are reached.
So the mid level or smaller trades maybe all we can get. I personally can't focus around the clock....
Hello Ken,

I can't imagine that the person you talked about is that much important for the thread like you are. From my point of view you have done everything right. I have read the whole thread and copied everything important in a word document. In the end the lion's share of this valuable information was posted by you. You help every newbie who's coming in this thread and you answer every question no matter how often the question was answered before. We would miss you if you leave us.
I hope you will reconsider your decision.

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