Ken's Continuing Successes with EO's system

With my new 2nd Shift employment. This maybe the trade for me. Get in get coverd home right before Midnight to close for a 100 pip each day.

Hmm. Could it be that easy . Hell yes. We make it hard .

Thats my thought too, but never make it

The thing is those making the big bucks do trade like that . I think Pippin now has about 9 pairs on his radar . with just major 4 hr and daily s/r mapped out. When it approaches one of those areas . He switches to a 15 min chart gets a entry gets it coverd then leaves it alone.

But still scalps the 3 major pairs. in both directions but can't really do that with them all.

Here is a old post Not sure if I have ever oposted it on this thread .. If you have seen it disregard..

here are those chart from the pdf alone so you can open them and read the text.

Hi Ken

Do you have an indicator that shows day highs and lows for mt4 like in your example chart?

Rufus

Sorry I have never used MT4 .. But maybe try here and see if one of these is it .

http://www.forexfactory.com/showthread.php?t=62355

Hi Ken hope you are enjoying your weekend.
Could i ask you a favour.If i did some analysis on GU support resistance and post it as rely to the thread you,could you check if they are right,also if you want to post them as examples of the right or the wrong way to apply EO's system.
Hope you can help.

Thanks in advance

Dragonfx

Funny how sometimes you mention something and it appears elsewhere. I Didn't check the times but Pippin posted one of those entries he gets using the 4 hr and daily S/R areas then zooming into the 15. In this case he used a trendline . I made some notes and drew some extra details that he may see without drawing them but help some to see clearer.

You would do to listen to what he says.


http://www.forexfactory.com/showpost...ostcount=33589

I will do what I can. But my time is limited now days so may not be in a timely manner. But sure and I am sure some of the others who have been around a while would have some input that would help as well. Then again they could be spot on anyway.

Welcome and post away.

As Pippin said in a reply that he was late and got in using the pin on the hrly. The 15 min starts what will be formed on the hrly. This is why we will see at times that price just kind of consolidates not really making much progress for us until the hourly prints. Once that happens traders that use the hourly for their primary entry will join the trade and we can start to get some movement.

For this reason it may be in your best interest to not close what you feel is a dead trade if your in the middle of a hour, of course as long as it isn't going against you. But we at times get bored with a trade if it doesn't move quick enough. May just be another instance of being a bit to early.

I was looking at that chart and was noticing the sideways movement and how a,b and c are almost the same distance apart during trading hours. I have looked at the Fib time tool a little bit but never have studied it at length. Sure looks like a exstinsion level on that tool though.. I have a small e-Book on peaks and troughs which mentions that how price forms waves.

So if we could learn to use and trust that. We could have our price target and a close idea WHEN it was going to happen. Be interesting to get your trading down to just entry times.

Well here is a interesting link about the time fib idea. Like most of our trading tools it is talking about stocks but they interchange for the most part..

http://www.topgunsoftware.com/manual/fibonacci.html

This is promoting some software I am not recomending it. Just some interesting charts they posted.

Hope everyone had a nice weekend break. I remember Pippin saying if he only had a chance to trade twice a week it would be sunday evening and monday london open. Were real gainers for him.

Trade Happy Ken

Thats an interesting set up for sure!

So basically at 11 eastern us your just taking a trade in the opposite direction of the current trend? Do you look for a confluence of different things or just jump in regardless?

We ALWAYS look for Price Action at least if we don't have PPA. A signal to enter without entry triggers or signals we have no idea where to place our stop. I am posting the 15 min E/J which allows zooming in on the entries for Thursday and Friday. Thursday even a lower entry was possible.

Remember that is 11:00 AM about twelve hours from now..

Thanks! Def going to be looking for this.

Do you feel that this is something that is happening on specific pairs or multiply?

Ken Lee you got a serious fan here my man!

Hehe,always good to watch that,hav'nt seen it for a while thanks Storeball.

Perhaps Ken could find out her name and find a song to return the adulation lol.

That you tube will never die..

In keeping with the Asian drift discussion this weekend. I looked for the midnight turn last night. Looking at the chart you can see I was stopped due to my 1. late entry or 2 placing my stop in the wrong place.

If I had entered of the previous candle using that first wick circled in green as my control I would still be in the trade.

I am happy overall with analysis and even entry as I got home maybe 15 min prior to my entry. Just some tweaking to do. So if I can get a couple of Asian drifts and a midnight turn or two.

This is what we look for a couple or few things that can fit into out trading times. Plus this way I can be a absenty trader set it and forget it.

For 2 or 3 pips I lost 70 now.. But all Good.