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Ken's Continuing Successes with EO's system

  • #2,421
  • Nov 8, 2010 9:03am Nov 8, 2010 9:03am
Quoting Storeball
Yea lot of trades in that area. First would be a quick scalp at 50ema after the two big momentum bars, got 61.8 fib and ppa as well as s2. Next is long with ib pin on the same candle after it close. Price comes back again close under 50ema as a nice pin and we also got hidden bearish divergence to further support the down move. Good stuff
I sure u you've been Storeball.Yep great area go up and down,just change buses that's all.
FX
  • #2,422
  • Nov 8, 2010 9:03am Nov 8, 2010 9:03am
Quoting Fxfighter
Another great scalp E/J from 50 Ema.Guys I just LOVE IT!!!!!
fx
Did you take the touch or trade from that pin?
  • #2,423
  • Nov 8, 2010 9:06am Nov 8, 2010 9:06am
Quoting Storeball
Yea lot of trades in that area. First would be a quick scalp at 50ema after the two big momentum bars, got 61.8 fib and ppa as well as s2. Next is long with ib pin on the same candle after it close. Price comes back again close under 50ema as a nice pin and we also got hidden bearish divergence to further support the down move. Good stuff
And 200 Sma 1 hr TF made bloody strong wall and kick us down.
  • #2,424
  • Nov 8, 2010 9:08am Nov 8, 2010 9:08am
Quoting Fxfighter
People specialy newbie like me like to do silly CT and with these noodles is pretty save that kind of trading in my view.
Sorry for for posts with too much exiting words but I must to say wooooooooooau.I hope market kick my ass soon and little bit take me down lol but with these guns hm I don't know lol
Happy trading guys.

Ps. Just ingnore my posts.
FX


Love it!
  • #2,425
  • Nov 8, 2010 9:10am Nov 8, 2010 9:10am
Quoting Trotty
Did you take the touch or trade from that pin?
No I didn't take touch as I was long .I not that good jump from one bus to another.Need time.
I enter after pin and check 1 hr TF.
  • #2,426
  • Nov 8, 2010 9:12am Nov 8, 2010 9:12am
Quoting Fxfighter
And 200 Sma 1 hr TF made bloody strong wall and kick us down.
Awesome bud, really nice.
  • #2,427
  • Nov 8, 2010 9:15am Nov 8, 2010 9:15am
Quoting Fxfighter
And 200 Sma 1 hr TF made bloody strong wall and kick us down.
And I had a daily support line there as well. Can we say confluence??

(though to be honest I wasnt watching at my htf when that pin of 50ema came )

I think we're on somewhat the same path at the moment fx, im picking up some addition to the trade what you see system from reds supply and demand trade, as well as what if get from master sho I know your active in both those "styles", thought its all trading pa. Your doing good combining it all?
  • #2,428
  • Nov 8, 2010 9:20am Nov 8, 2010 9:20am
Quoting Fxfighter
No I didn't take touch as I was long .I not that good jump from one bus to another.Need time.
I enter after pin and check 1 hr TF.
I have been terrible about this -- if I miss the bus, I just sit there instead of changing. So I made a little rule for myself towards the end of last week: I should have enough confidence in the area that I'm trading off of to take it on either the reversal or the breakout/retest. So if the reversal fails, I'll jump back in on the first valid retest seat.

I tried to reverse this one last night (a few posts above) and it failed so I set an alarm and made sure I got the retetest.

It just bounced off the daily 50 and can't get below 112.66 so I might be closing shortly.. my 4H candle closes in 40 minutes
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  • #2,429
  • Nov 8, 2010 9:21am Nov 8, 2010 9:21am
Would have loved to have seen how EO would have traded GU today.

What an absolute stinker!
  • #2,430
  • Nov 8, 2010 9:26am Nov 8, 2010 9:26am
Quoting Trotty
Would have loved to have seen how EO would have traded GU today.

What an absolute stinker!
No kidding..
  • #2,431
  • Nov 8, 2010 9:27am Nov 8, 2010 9:27am
Quoting Storeball
And I had a daily support line there as well. Can we say confluence??

(though to be honest I wasnt watching at my htf when that pin of 50ema came )

I think we're on somewhat the same path at the moment fx, im picking up some addition to the trade what you see system from reds supply and demand trade, as well as what if get from master sho I know your active in both those "styles", thought its all trading pa. Your doing good combining it all?
Yep Storeball all these things I try to put together(Sho,Red,Ken,J16) and just bummmmmp.Put all those things together and try play with is.These guys are great and they know what they are talking about.Just need time to put all simple and not too much mix up.But i think all can work together b/c these guys showing the same things and only put there some special igradients which I like it.
So you do the same?
FX
  • #2,432
  • Nov 8, 2010 9:34am Nov 8, 2010 9:34am
Quoting dr mongolia
I have been terrible about this -- if I miss the bus, I just sit there instead of changing. So I made a little rule for myself towards the end of last week: I should have enough confidence in the area that I'm trading off of to take it on either the reversal or the breakout/retest. So if the reversal fails, I'll jump back in on the first valid retest seat.

I tried to reverse this one last night (a few posts above) and it failed so I set an alarm and made sure I got the retetest.

It just bounced off the daily 50 and can't get below 112.66 so...
Yes it is bloody hard just quick change mind but I think if we want to be good scalpers we must to do.Its advance trading in my view and need a lot of experience.Kenn and another scalpers are talking a lot about that.I think Buildcity is this kind of scalper who can jump from one bus to another very quick.
Kenn can post something about that.
  • #2,433
  • Nov 8, 2010 9:35am Nov 8, 2010 9:35am
Quoting Fxfighter
Yep Storeball all these things I try to put together(Sho,Red,Ken,J16) and just bummmmmp.Put all those things together and try play with is.These guys are great and they know what they are talking about.Just need time to put all simple and not too much mix up.But i think all can work together b/c these guys showing the same things and only put there some special igradients which I like it.
So you do the same?
FX
I have made a few visits to Sho's thread it is another thread on here that I rate highly. I think once you have got a good grasp of one price action methodology, combining that with one or two others shouldn't be a bad thing. In theory, it should help you see even more clearly, maybe reinforcing each and every trading decision and leaving little doubt that you are making a sound judgement.

But, the second you find yourself not taking a good trade because of the strategies contradicting one another is the day that it's telling you that there could be a problem here with knowing too much.

For now, i'll stick with EO's thread but I would like to learn more about Sho's methods one day, he seems to have a very solid rep on here.

Who is Red, incidentally?
  • #2,434
  • Nov 8, 2010 9:42am Nov 8, 2010 9:42am
Guys sorry for too meny posts.
I have question.Iam watching too many pairs so what pairs u watching?I just can watch too many pairs,for this kind of trading and another thing is I don't have to but still want to have some opurtunity.I gues max.what I can watch is about 6 pairs?hm myabe still to much.Maybe just take couple or 4 pairs and concentrate for them..
Any thoughts?
  • #2,435
  • Nov 8, 2010 9:47am Nov 8, 2010 9:47am
Quoting Trotty
Would have loved to have seen how EO would have traded GU today.

What an absolute stinker!
It's really winding up tight now.. I'm looking at the obvious areas, 1.610X-1.611X and 1.616X.. Maybe we'll get a breakout, or a bounce off of one and then a breakout of the other..
  • #2,436
  • Nov 8, 2010 9:49am Nov 8, 2010 9:49am
Quoting Fxfighter
Yep Storeball all these things I try to put together(Sho,Red,Ken,J16) and just bummmmmp.Put all those things together and try play with is.These guys are great and they know what they are talking about.Just need time to put all simple and not too much mix up.But i think all can work together b/c these guys showing the same things and only put there some special igradients which I like it.
So you do the same?
FX
Thats brilliant mate! You just echoed my thoughts over the last few weeks Thats exactly what im doing as well! I'v also picked up a thing or two from j16 But the main thing is as you say is that they're all basically just showing the same things but have a slightly different take on it. The funny thing is that the more I learn about how other people view and trade pa I actually understand what eo and ken are talking about a lot better as well.

I got into shos teaching because I had some issues trading the zones between s&r, and that has done alot for me. Reds teaching has interested me because the levels he shows are pretty much the same iv already marked on my charts and is teached here and in j16 but its a way to define more clearly what areas are more viable then others. So everything really blends extremely well, and what I try to do is pick the things I fully get and understand and put that into a way of trading that suits me 100%.

If your interested in chatting abit about it all besides only on forum posts, shoot me a pm. I think it could be cool
  • #2,437
  • Nov 8, 2010 9:53am Nov 8, 2010 9:53am
Quoting Trotty
I have made a few visits to Sho's thread it is another thread on here that I rate highly....
I agree Trotty,another day when I sad I came from J16 it is like black and white,well maybe but I with respect disagree as I can use for my trading a few things as well.Another thing is if you take something just try to combine only things who can work together.
Sorry only my view I am sure many people will not agree with me but I taking only what work for me,don't try be copy cat.
And I can tell u have much change my trading when do in this way.Even my bloody entries are much better and what said Kenn?Something like good entries is your best SL(well not exactly in this words)but I agree and think understand his post in right way.
  • #2,438
  • Nov 8, 2010 10:01am Nov 8, 2010 10:01am
Quoting Storeball
Thats brilliant mate! You just echoed my thoughts over the last few weeks Thats exactly what im doing as well! I'v also picked up a thing or two from j16 But the main thing is as you say is that they're all basically just showing the same things but have a slightly different take on it. The funny thing is that the more I learn about how other people view and trade pa I actually understand what eo and ken are talking about a lot better as well.

I got into shos teaching because I had some issues trading the zones between s&r, and that has...
Hey Store,ype we are definitelly on the same path .Exactly what u said those another threads help me better understand another things.They work together definitelly they help me so much all these guys and Kenn is doing right thing he is bringing here bigger picture which is great.

P.S,
Ken or another seniors from this thread If some of my post are not right here I will deleted.I don't try to offence anyone.Big respect to you guys!!!
FX
  • #2,439
  • Nov 8, 2010 10:03am Nov 8, 2010 10:03am
Quoting dr mongolia
It's really winding up tight now.. I'm looking at the obvious areas, 1.610X-1.611X and 1.616X.. Maybe we'll get a breakout, or a bounce off of one and then a breakout of the other..

  • #2,440
  • Nov 8, 2010 10:08am Nov 8, 2010 10:08am
You can post whatever. Just don't slamm anyone elses views , Which you haven't. It is all about helping each other. Like talking of your trades and why and where you got in.

Think EO and Pippin are short off the 4 hr and last weeks close still holding as below major ma's on smaller time frames and making a new low on 4 hr. Maybe a view of things to come. Though most long term traders are predicting a major move back up.

Doesn't mean you can't make $$$ waiting for that move and there is always more than one entry . the second, most times has less drawdown , because after we miss the first one we are more in tune and ready for the second and get in better.

Been having issues with my Platform . Think maybe got it sorted, Thought it was a firewall or virus scan issue . So was trying to fix myself , ended up chating with GFT and getting a new URL address which seems to have fixed it so far.

What I get for being a test rat...
Good Trading To All ; Ken Lee
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