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Ken's Continuing Successes with EO's system

  • #1,921
  • Oct 7, 2010 4:09am Oct 7, 2010 4:09am
Now trying to long at end of the 1h ej wick 115.05
  • #1,922
  • Oct 7, 2010 4:38am Oct 7, 2010 4:38am
Quoting kodziro
Nope, close my short near there and didn`t reverse. 4h trend line could be trigger for this trade. I admit that we got nice confluence there.
Did you ride it down from 115.60 area? Or from 115.40?

Or could be none of them with my blurry eyes
  • #1,923
  • Oct 7, 2010 4:50am Oct 7, 2010 4:50am
Quoting Storeball
Did you ride it down from 115.60 area? Or from 115.40?

Or could be none of them with my blurry eyes
From 115.64 ( weekly R1 ) after I saw 4h inside bars.
  • #1,924
  • Oct 7, 2010 4:55am Oct 7, 2010 4:55am
Quoting kodziro
From 115.64 ( weekly R1 ) after I saw 4h inside bars.
Your just taking the body into consideration when looking at a ib?
  • #1,925
  • Oct 7, 2010 5:11am Oct 7, 2010 5:11am
Quoting Storeball
Your just taking the body into consideration when looking at a ib?
Sorry I don`t know what you mean.
  • #1,926
  • Oct 7, 2010 5:21am Oct 7, 2010 5:21am
Quoting kodziro
Sorry I don`t know what you mean.
You said that you went short when you saw the ibs on 4h. On my chart I dont see any "proper" innerbars. Cause the way I personally define them is that the whole candle, with body and wick/shadow has to be be contained by the previous candle. While on my 4h only the coloured part/body is within the prior candle, while the shadow/wick is not, so for me thats not an ib, which is why I asked Of course it could just be different broker feeds.

Sorry about not being clear, hope I didnt confuse you even more with what I meant
  • #1,927
  • Oct 7, 2010 5:56am Oct 7, 2010 5:56am
Quoting Storeball
You said that you went short when you saw the ibs on 4h. On my chart I dont see any "proper" innerbars. Cause the way I personally define them is that the whole candle, with body and wick/shadow has to be be contained by the previous candle. While on my 4h only the coloured part/body is within the prior candle, while the shadow/wick is not, so for me thats not an ib, which is why I asked Of course it could just be different broker feeds.

Sorry about not being clear, hope I didnt confuse you even more with what I meant
Here`s my chart. Notice that second ib wick is longer with 2 pips than long white one, but still for me is ib.
Attached Image (click to enlarge)
Click to Enlarge Name: ejib.jpg Size: 158 KB
  • #1,928
  • Oct 7, 2010 6:04am Oct 7, 2010 6:04am
Yea so quite different feeds going on here. Here is what my 4h looks like, im with fxpro.
Attached Image (click to enlarge)
Click to Enlarge Name: 4hej.gif Size: 26 KB
  • #1,929
  • Oct 7, 2010 6:08am Oct 7, 2010 6:08am
Quoting Storeball
Yea so quite different feeds going on here. Here is what my 4h looks like, im with fxpro.
Yep, i believe you got gmt +1 broker
  • #1,930
  • Oct 7, 2010 6:11am Oct 7, 2010 6:11am
Quoting Storeball
Yea so quite different feeds going on here. Here is what my 4h looks like, im with fxpro.
It is not problem in the different feeds. It is the problem in different GMT offsets of the broker. If the difference in the offset is 1 hour then the 4H candle will close 1 hour after/before comparing 4H candle at another broker.
So it could be very big difference if brokers have different offsets, for example for 1,2 or 3 hours.
  • #1,931
  • Oct 7, 2010 6:23am Oct 7, 2010 6:23am
Either way we all see rejection of the weekly R1 155.64 then test , got some 4h pa bearish signal and later second failed attempt to break this line.
  • #1,932
  • Oct 7, 2010 6:46am Oct 7, 2010 6:46am
Fxpro is actually gmt+3.

But anyways a great trade as usual bro! I always get something usefull out of our small interactions here
  • #1,933
  • Oct 7, 2010 7:48am Oct 7, 2010 7:48am
Some levels that have been coming into play on the GBP latelly,
Attached Image (click to enlarge)
Click to Enlarge Name: 1 a.jpg Size: 183 KB
Good Trading To All ; Ken Lee
  • #1,934
  • Oct 7, 2010 8:01am Oct 7, 2010 8:01am
Hi Ken,

tks for the tips, actually, took 2 scalping long on these 2 greens, just above the minor PPA (blue line)
Attached Image
  • #1,935
  • Oct 7, 2010 8:37am Oct 7, 2010 8:37am
Quoting kodziro
From 115.64 ( weekly R1 ) after I saw 4h inside bars.
It's funny how you can get the same entry as someone else from a totally different signal. That's probably why the best trades work -- they give several different signals at once, so a lot of traders jump all over them.

I entered off the 15M after the double top; entry area is the second red circle with the red arrow, exit area was the green arrow/green circle.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_JPY Spot.png Size: 27 KB
  • #1,936
  • Oct 7, 2010 8:45am Oct 7, 2010 8:45am
I passed on the 62EMA trade from EJ due to where it's at in the range on the left plus the daily candle on the right. I took a short off the 35/50, not expecting much off of it but its covered already.. if we break back to the bottom of the rectangle, or if the hangman plays out, it'll give me some pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR_JPY 15M.png Size: 30 KB
Click to Enlarge Name: EUR_JPY 1D.png Size: 23 KB
  • #1,937
  • Oct 7, 2010 8:50am Oct 7, 2010 8:50am
Quoting dr mongolia
I passed on the 62EMA trade from EJ due to where it's at in the range on the left plus the daily candle on the right. I took a short off the 35/50, not expecting much off of it but its covered already.. if we break back to the bottom of the rectangle, or if the hangman plays out, it'll give me some pips.
It started breaking while I was typing that; I'm closing out here +40, I'll go back long if it gets within 5 pips of the bottom of the rectangle and holds. Looks like we're going to be in the same range as early yesterday.

EDIT: Looks like I might have missed the chance to go back long .. Oh well, I guess that's how it happens. Just frustrating to see everything play out and still not execute correctly, especially when you see how Infinity does it constantly in the other thread. Who knows, maybe it'll actually breakout back down and save me from getting stopped out.
  • #1,938
  • Oct 7, 2010 9:02am Oct 7, 2010 9:02am
How about G/U 35/50 ma cross and 50% Fibo now?
Dancing with Candlesticks
  • #1,939
  • Oct 7, 2010 9:07am Oct 7, 2010 9:07am
Quoting iForex
How about G/U 35/50 ma cross and 50% Fibo now?
It's a safe trade in my opinion; I took the long because its retesting the top of the range that it just broke out of. It should go long for at least long enough to cover and take some profit, although the higher time frames might push it down after that.

EDIT: Chart didn't attach
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 29 KB
  • #1,940
  • Oct 7, 2010 9:08am Oct 7, 2010 9:08am
Quoting iForex
How about G/U 35/50 ma cross and 50% Fibo now?
I'm in it.

R1 pivot and PPA all milling around that same point, solid confluence setup.
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