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Ken's Continuing Successes with EO's system

  • #1,221
  • Jun 28, 2010 3:02pm Jun 28, 2010 3:02pm
Hmm ?? two pins on hrly plus everything on hrly since my entry this morning hasn't closed above it on the 1 hour chart 1.5113
interesting . if it wasn't for the time of day. Might make me feel froggy..
Good Trading To All ; Ken Lee
  • #1,222
  • Jun 28, 2010 3:05pm Jun 28, 2010 3:05pm
Quoting Kenneth Lee
I am out ... Oh well as i said at the start of these trades if you take both the gbp and e/j trades. That a lot of times one is a winner and the other isn't but taking both you have a chance at Two.

This was not really a loser the 35 pips were at a good level to Take Profit. as it really was a counter trend trade. But trying to take longer trades clouded my judgement. But positive for the day it is all good. A Break even isn't a loss. but a chance to learn for free.

so 2 BE's and 1 50 pipper. All good.
On the circled candle, could we possible find a reverse trade here?

Its with the trend, we got trendline, ppa and the 35 is holding price. Of course im seeing this in hindsight wich is of course different then watching it live, but something i just noticed.
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  • #1,223
  • Jun 28, 2010 3:07pm Jun 28, 2010 3:07pm
Can you be afraid of heights underwater ??

http://www.wimp.com/underwaterjumping
Good Trading To All ; Ken Lee
  • #1,224
  • Jun 28, 2010 3:10pm Jun 28, 2010 3:10pm
Quoting Storeball
On the circled candle, could we possible find a reverse trade here?

Its with the trend, we got trendline, ppa and the 35 is holding price. Of course im seeing this in hindsight wich is of course different then watching it live, but something i just noticed.

yes that is exactlly where I almost took profit on my short for all your reasons. Should have reversed there. Was being hard headed kept thinkig it will cross the 35/50 ma's at least, then buyers drove it back up fast.

I was chatting with someone and even commented on that green spinning top. That it wasn't supporting the move down.
Good Trading To All ; Ken Lee
  • #1,225
  • Jun 28, 2010 3:21pm Jun 28, 2010 3:21pm
Quoting Kenneth Lee
Can you be afraid of heights underwater ??

http://www.wimp.com/underwaterjumping

That dude is crazy, sick film
  • #1,226
  • Jun 28, 2010 3:30pm Jun 28, 2010 3:30pm
Quoting Kenneth Lee
yes that is exactlly where I almost took profit on my short for all your reasons. Should have reversed there. Was being hard headed kept thinkig it will cross the 35/50 ma's at least, then buyers drove it back up fast.

I was chatting with someone and even commented on that green spinning top. That it wasn't supporting the move down.
Yea a long would've been sweet there. Was looking at price but it blew right past me.

Its funny I remember when I looked at my first chart, the thought that struck me was how slow it all was moving, and now im thinking dam this is moving to fast im not getting it all

Things do change!
  • #1,227
  • Jun 28, 2010 5:03pm Jun 28, 2010 5:03pm
Quoting Storeball
On the circled candle, could we possible find a reverse trade here?

Its with the trend, we got trendline, ppa and the 35 is holding price. Of course im seeing this in hindsight wich is of course different then watching it live, but something i just noticed.
Hi.

Pay attention to that candle ( very important from psychol. point of view ). Nice retest of the breakout. PO there might be a good idea. Also swich to daily to see why price reverse at 5125.

BTW. Nice trades guys.
  • #1,228
  • Jun 28, 2010 10:23pm Jun 28, 2010 10:23pm
Asian Drift DONE I got 1/2 of it ...
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Good Trading To All ; Ken Lee
  • #1,229
  • Jun 28, 2010 11:43pm Jun 28, 2010 11:43pm
Quoting Kenneth Lee
Asian Drift DONE I got 1/2 of it ...

Congrats.....

Ken The Drifter


Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #1,230
  • Edited Jun 29, 2010 12:16am Jun 28, 2010 11:45pm | Edited Jun 29, 2010 12:16am
Ken

Do you find that it is primarily yen pairs where you get the drift??

edit
(See next post)

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #1,231
  • Jun 28, 2010 11:57pm Jun 28, 2010 11:57pm
I guess this answers my own question

This would have been good for 70-80 pips on EU


Rufus
Attached Image (click to enlarge)
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #1,232
  • Jun 29, 2010 2:07am Jun 29, 2010 2:07am
Quoting kodziro
Hi.

Pay attention to that candle ( very important from psychol. point of view ). Nice retest of the breakout. PO there might be a good idea. Also swich to daily to see why price reverse at 5125.

BTW. Nice trades guys.
Hi Kodziro!

I don't think im following you exactly. About the candle and it being an important psych point, im guessing your just refering to the undecision a spinning top represents?

The reasons why I could possible see a po there would be that the 61.8fib is at the 35 MA, and we could possible get a cross of the 50 aswell giving us a neat clean reversal trade. Is that why? I usually dont take po so dont really now the dynamics of it.

And yea see a nice ppa line on 5125 there on daily thanks for pointing it out!
  • #1,233
  • Jun 29, 2010 3:23am Jun 29, 2010 3:23am
Quoting Storeball
Hi Kodziro!

I don't think im following you exactly. About the candle and it being an important psych point, im guessing your just refering to the undecision a spinning top represents?

The reasons why I could possible see a po there would be that the 61.8fib is at the 35 MA, and we could possible get a cross of the 50 aswell giving us a neat clean reversal trade. Is that why? I usually dont take po so dont really now the dynamics of it.

And yea see a nice ppa line on 5125 there on daily thanks for pointing it out!
Hi.

this spining top was my driver with London open, see how people react on it earlier
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  • #1,234
  • Jun 29, 2010 4:28am Jun 29, 2010 4:28am
short EU
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  • #1,235
  • Jun 29, 2010 5:06am Jun 29, 2010 5:06am
What pairs do you trade/follow kodziro?
  • #1,236
  • Jun 29, 2010 5:27am Jun 29, 2010 5:27am
Quoting Storeball
What pairs do you trade/follow kodziro?
Mainly EU, GU, EJ
Trade also slower pair like AU, UJ
  • #1,237
  • Jun 29, 2010 5:30am Jun 29, 2010 5:30am
anyone notice the patterns that played out last night ??
Good Trading To All ; Ken Lee
  • #1,238
  • Jun 29, 2010 5:51am Jun 29, 2010 5:51am
did someone take 35/50 trade at 5074 ( low of the yesterdays spinning top testing brekout ) ?
  • #1,239
  • Jun 29, 2010 5:57am Jun 29, 2010 5:57am
Quoting kodziro
did someone take 35/50 trade at 5074 ( low of the yesterdays spinning top testing brekout ) ?
You meant this one? (red arrow)
Attached Image
  • #1,240
  • Jun 29, 2010 6:01am Jun 29, 2010 6:01am
Quoting Buildcity
You meant this one? (red arrow)
Exactly this one.
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