Ken's Continuing Successes with EO's system | Page 115 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The System Behind the System, by Merlin Jeffries 16 replies

FX Trading Journal & Continuing Education (warrensapp) 2 replies

Continuing Direction following new Daily Low or High at Close 5 replies

Just basic question on trading successes 10 replies

Would you trade this system? New system #2. 10 replies

Attachments: Ken's Continuing Successes with EO's system
Exit Attachments

Ken's Continuing Successes with EO's system

  • #2,281
  • Oct 29, 2010 10:01am Oct 29, 2010 10:01am
Quoting Storeball
I didnt think americans were such free spirited people! Shall we put together a "trading seminar" there for next year?
Im in, lol!
  • #2,282
  • Oct 29, 2010 10:06am Oct 29, 2010 10:06am
LOL I had to google as well, wow definitely worth a trip!

I also LOL'ed after seeing the "Traders viewing this thread" spike up to 30 and then quickly decline as everyone went to google fantasty fest
  • #2,283
  • Oct 29, 2010 10:11am Oct 29, 2010 10:11am
Quoting kodziro
I jump in, got ppa there but i wait for 1h close like usuall to short again
I got in at 112.35.. I'm thinking half off at 111.82, the rest at 111.59, and then re-enter if we break that 111.54 pin / daily pattern that sent us upward originally. It's a shame this happened later in the day on a Friday, it could have been a really nice runner since EJ has been wound so tight lately
  • #2,284
  • Oct 29, 2010 10:24am Oct 29, 2010 10:24am
A/U is about to hit some serious PPA and the weekly pivot plus the 50MA. I think this might be my last trade for the week
  • #2,285
  • Oct 29, 2010 10:27am Oct 29, 2010 10:27am
Quoting dr mongolia
A/U is about to hit some serious PPA and the weekly pivot plus the 50MA. I think this might be my last trade for the week
Well I lied.. G/U is about to setup for a nice over and under pattern on the 4H
  • #2,286
  • Oct 29, 2010 10:33am Oct 29, 2010 10:33am
Quoting dr mongolia
A/U is about to hit some serious PPA and the weekly pivot plus the 50MA. I think this might be my last trade for the week
Went short with this one too
  • #2,287
  • Oct 29, 2010 10:35am Oct 29, 2010 10:35am
Quoting dr mongolia
I got in at 112.35.. I'm thinking half off at 111.82, the rest at 111.59, and then re-enter if we break that 111.54 pin / daily pattern that sent us upward originally. It's a shame this happened later in the day on a Friday, it could have been a really nice runner since EJ has been wound so tight lately
http://cdn.forexfactory.com/images/icons/icon14.gif I`m thinking to close all at 111.8x

edit : closed with 111.81
  • #2,288
  • Oct 29, 2010 10:37am Oct 29, 2010 10:37am
Im in on the ej as well after engulfing on 15 min. Watching .55 ish for tp. But we got hidden bullish divergence, so keeping a close eye.
  • #2,289
  • Oct 29, 2010 10:51am Oct 29, 2010 10:51am
I have to finish for today so closed my a/u trade at pivot point, don`t wont to leave it open for a weekend.

Cheers guys
  • #2,290
  • Oct 29, 2010 10:59am Oct 29, 2010 10:59am
Quoting kodziro
I have to finish for today so closed my a/u trade at pivot point, don`t wont to leave it open for a weekend.

Cheers guys
Have a good weekend bro!

Edit: Stopped out of ej trade at .88. Nice trade to top the week off.
  • #2,291
  • Oct 29, 2010 12:02pm Oct 29, 2010 12:02pm
Quoting Storeball
Have a good weekend bro!

Edit: Stopped out of ej trade at .88. Nice trade to top the week off.
I've still got half a position running on EJ but I might close it out early as it seems volume has pretty much evaporated.. I got closed out at BE on half my A/U position but thankfully I took half off at +20 on that one. I almost took a G/U reversal at 1.0620 but I've been waiting for some kind of confirmation, might still get a signal but again volume is so dry right now that I'm leaning towards just calling it a week.

Speaking of which, it's been another great week for me thanks to everyone on this thread, especially Ken and also Kodrizo, Trotty, and Storeball. It's amazing to me how much I've progressed as a trader since finding this thread; and while I've still got a lllooonng way to go, seeing progress is always nice motivation to double the effort. Thanks guys, a great weekend to all, and hopefully we'll have another great week next week.
  • #2,292
  • Oct 29, 2010 3:47pm Oct 29, 2010 3:47pm
Quoting dr mongolia
I've still got half a position running on EJ but I might close it out early as it seems volume has pretty much evaporated.. I got closed out at BE on half my A/U position but thankfully I took half off at +20 on that one. I almost took a G/U reversal at 1.0620 but I've been waiting for some kind of confirmation, might still get a signal but again volume is so dry right now that I'm leaning towards just calling it a week.

Speaking of which, it's been another great week for me thanks to everyone on this thread, especially Ken and also Kodrizo,...
Like wise dr! You seem to be doing really well We're also becoming a nice group here for sure, everyone is learning from each and im certainly picking up some nuggets of gold from everyone.

Have a great weekend!
  • #2,293
  • Oct 30, 2010 1:01pm Oct 30, 2010 1:01pm
Think everyone should watch this video posted by Buildcity on his thread. Nice explantion of basic price action. Thanks Buildcity..

http://www.forexfactory.com/showpost...postcount=1149

I know nothing off the maker of the youtube . But information is good on this video.

Have a great weekend Ken
Good Trading To All ; Ken Lee
  • #2,294
  • Oct 31, 2010 8:52am Oct 31, 2010 8:52am
Quoting dr mongolia
Speaking of which, it's been another great week for me thanks to everyone on this thread, especially Ken and also Kodrizo, Trotty, and Storeball. It's amazing to me how much I've progressed as a trader since finding this thread; and while I've still got a lllooonng way to go, seeing progress is always nice motivation to double the effort. Thanks guys, a great weekend to all, and hopefully we'll have another great week next week.
And the same to you buddy.

I hope we can all keep the information flow up as well. I'm away for most of the next two trading days but will try and get as many of my trades - good and bad, up later next week. I'm learning from everyone on the thread and consistency is coming on in leaps and bounds. I just need to push on now to start to see some of the returns that I know are possible using EO's approach.

I've taken your lead and begun re-reading the bit of the original EO thread I read before with the intention of reading the whole thing. I have done almost a hundred pages already and Ken has appeared on the scene now! It's encouraging to see that only 18 months ago he was still very much finding his feet with the approach and has come so far since.

I was probably being lazy not reading the thread top to tail but I don't want to be a lazy trader. Laziness will get you nowhere in trading, you gotta work your arse off to succeed!

Just a little something to condsider on cable for next week. These are the daily charts. See how we have had a higher low formed last week and it's pushing up toward the red line resistance area. It's made two goes at this area already but significantly, Friday's candle closed higher than any of the previous two attempts and without a great deal of wick. It looks ready to break it to me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Oct. 31 13.47.jpg Size: 80 KB
Click to Enlarge Name: ScreenHunter_02 Oct. 31 13.48.jpg Size: 82 KB
  • #2,295
  • Oct 31, 2010 1:06pm Oct 31, 2010 1:06pm
finally caught up with the thread...AMAZING stuff.... but info overload now..

still having real trouble sorting out oanda, here's the problem...

i want different ma's on the different pairs, but i want the ppa lines from the 3hr and 1hr to show on the 15m....

so i detach a chart, lets say gu 3hr, place the correct ma's..

then i detach another chart, make that 1hr, add the ma's.

and so on. then save that profile as GU...

the problem is, if i add a ppa s/r line to 3hr, it obviously wont show on the 1hr, because thats a different chart ?????

im confused?
  • #2,296
  • Oct 31, 2010 4:10pm Oct 31, 2010 4:10pm
Quoting darrenlittle
finally caught up with the thread...AMAZING stuff.... but info overload now..

still having real trouble sorting out oanda, here's the problem...

i want different ma's on the different pairs, but i want the ppa lines from the 3hr and 1hr to show on the 15m....

so i detach a chart, lets say gu 3hr, place the correct ma's..

then i detach another chart, make that 1hr, add the ma's.

and so on. then save that profile as GU...

the problem is, if i add a ppa s/r line to 3hr, it obviously wont show on the 1hr, because thats a different...
You just put on the daily chart, mark your lines in one color, switch the same chart to 4h mark your lines in another color then go to 1h and do the same.

Nice going on reading through the thread
  • #2,297
  • Edited 5:24pm Oct 31, 2010 5:13pm | Edited 5:24pm
nice set up on ej

hoping i have understood everything i have read here and am looking for a short entry? right?


ascending triangle on 15, 1hr has pulled back to 50% fib, and ppa...

so a breakout south MAY happen.... looking for price action to confirm...
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 149 KB
  • #2,298
  • Oct 31, 2010 5:27pm Oct 31, 2010 5:27pm
Quoting darrenlittle
nice set up on ej

hoping i have understood everything i have read here and am looking for a short entry? right?


ascending triangle on 15, 1hr has pulled back to 50% fib, and ppa...

so a breakout south MAY happen.... looking for price action to confirm...
took the 35/50 ..+9
Attached Image
  • #2,299
  • Oct 31, 2010 6:32pm Oct 31, 2010 6:32pm
hanging man, 50 ema on 1hr

shooting star, 200 sma on 15m..

and retrace to 50% fib

but still an uptrend in place...?

i took the short...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture 4.png Size: 91 KB
Click to Enlarge Name: Picture 5.png Size: 98 KB
  • #2,300
  • Oct 31, 2010 7:02pm Oct 31, 2010 7:02pm
jesus what just happened? intervention? 100 pip spike!.. guessing the short was wrong then....
0 traders viewing now