Here are the trades I took off of EJ this morning.
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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
DislikedThanks again man! The whole thing about psych lines is interesting, I havent heard anyone else talk about them before, is it something you picked up yourself or got from somewhere else?Ignored
DislikedI trade EJ, EU, GU, GJ and AU mate. 7.00-18.00 UK time.
It's a brilliant strategy but the one thing i'm learning more and more from reading the EO thread (350 pages in now) is how much he uses trendlines and channel lines in his trading. He's basically using every tool available except indicators and fibs so as a result, it takes some times to bed it all together.
You have to put your own stamp on it a bit too I find.
How long have you been FT?Ignored
DislikedI'll let you know in about an hour mate
Made a bit of a double bottom there...I wouldn't have taken it but then again, I am a big pussy!
Take it easy mate, keep greenIgnored
DislikedA quick point that may help -- Those psych lines are almost always session highs or lows. I've noticed that me and Kodrizo are constantly watching the same areas and getting in at very similar prices even though we find them differently. It took me a while to figure out but it's because those 1H peaks/valleys line up perfectly with the big session areas.Ignored
DislikedA quick point that may help -- Those psych lines are almost always session highs or lows. I've noticed that me and Kodrizo are constantly watching the same areas and getting in at very similar prices even though we find them differently. It took me a while to figure out but it's because those 1H peaks/valleys line up perfectly with the big session areas.Ignored
DislikedHi Trotty,
How is your day so far?I waek up just now still have flu and feel very tired but took 3 trades and in a 45min got more pips than form yesterady and trades was based only on mine noodles which worked really great.I guess not suprised for you but big wauu for me).I didn't used them yesterday and today kick my ass with yesterday result)).
What set up u use?I use Kenn's pdf docum.set up but don't use 5 ema reason just didn't feel that much hungry eat them all.10 ema is worked nice @ 15 tf I don't how much value she has on higher...Ignored
DislikedHey buddy. Your noodles? I guess these are your mas?! Lol
No trades for me, been on a conference most of this morn so would have been too distracting. Will trade NY.
My Setup is as per the original EO Setup, the PDF on his front page which I think is the same as Ken's. I don't use a 5 ema either mate, it's just too fast moving and I don't think there is a great deal of S+R off it.
If all you ever did is take the 10ema touches at 1 and 5 o'clock, you'd make some lovely money in this market.Ignored
DislikedNoodles Thats my new favorite name for ma from now on!
The tweezers of daily pivot and 50 noodle was nice (ej btw)
Chinese for lunch perhaps?Ignored
DislikedNoodles Thats my new favorite name for ma from now on!
The tweezers of daily pivot and 50 noodle was nice (ej btw)
Chinese for lunch perhaps?Ignored
DislikedHeeeeeeeey trader,
How are you?well noodles is look on my chart).Anyway I took long after wen candel closed abowe 10 ema but be honest I think that was pretty risky trade I didn't feel great as I knew I am closed to that area,momentum down etc.but I entered b/c closed candel above and I just saw bulls still fight to get higher but...Ignored