Ken's Continuing Successes with EO's system | Page 130 | 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

  • #2,581
  • Nov 11, 2010 7:12am Nov 11, 2010 7:12am
Quoting Storeball
Noodles 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?
Hey Storeball,
That Jing Jang Jung .... software.I just can not save my images only on their webpage or what is it.Before worked nicely after had some issue with my pc so removed all stuff and when I downloaded again i can saved and looked after if I want I just can't post here b/c is saved online?Any suggest?any another similar quick sofwt.?I will like to time to time post something with charts for better explain as my Eng.language is crap and takes me writing A4 format page write down one idea.
  • #2,582
  • Nov 11, 2010 7:14am Nov 11, 2010 7:14am
Quoting Storeball
Hey man! Doing good thanks

Cross of 10ema trade is pretty aggressive, but green is green and you cant argue with that! Im just not personally comfortable playing of that one though. But the bulls put up a nice fight, when they closed above dp I was getting ready to look for longs, but that next confirmed the rejection of our noodle and imo is a pretty safe trade.

Now lets see if we can catch some more in the us session!
Hey guys take it easy US is bank holiday today?
  • #2,583
  • Nov 11, 2010 7:24am Nov 11, 2010 7:24am
Quoting Storeball
Hey man! Doing good thanks

Cross of 10ema trade is pretty aggressive, but green is green and you cant argue with that! Im just not personally comfortable playing of that one though. But the bulls put up a nice fight, when they closed above dp I was getting ready to look for longs, but that next confirmed the rejection of our noodle and imo is a pretty safe trade.

Now lets see if we can catch some more in the us session!
Yes was agressiv so I can see this wasn't right set up far this method?but I feel it they can go higher,well yes just for scalp I've been ready after push to close 50 ema go short,for me that was no brainer there was bloody huge resistance with to ema's kicking my ass down and that was first time retesting that resistance or Ppa.
So where did you enter short and why did you think after close that green candel maybe we go higher?
I just try to see what I didn't see.
  • #2,584
  • Nov 11, 2010 7:28am Nov 11, 2010 7:28am
Quoting Fxfighter
Hey Storeball,
That Jing Jang Jung .... software.I just can not save my images only on their webpage or what is it.Before worked nicely after had some issue with my pc so removed all stuff and when I downloaded again i can saved and looked after if I want I just can't post here b/c is saved online?Any suggest?any another similar quick sofwt.?I will like to time to time post something with charts for better explain as my Eng.language is crap and takes me writing A4 format page write down one idea.
Sorry mate I dont know what could cause that I'v just downloaded the free version. Perhaps just uninstall and try again? Your using capture>save right? Its also an option to click share via screencast.com which will upload it online. But just "save" button does it on you computer.

Trotty, yea I got that one for a few, been my only one today though.. Missed alot of moves. I'll be glad the day I look through a session and can say I took all that was presented. Trading in hindsight is always so much easier
  • #2,585
  • Nov 11, 2010 7:35am Nov 11, 2010 7:35am
Quoting Storeball
Sorry mate I dont know what could cause that I'v just downloaded the free version. Perhaps just uninstall and try again? Your using capture>save right? Its also an option to click share via screencast.com which will upload it online. But just "save" button does it on you computer.

Trotty, yea I got that one for a few, been my only one today though.. Missed alot of moves. I'll be glad the day I look through a session and can say I took all that was presented. Trading in hindsight is always so much easier
Yep I just can save it online but can't post here I mean I don't know how I 'll try it.
  • #2,586
  • Nov 11, 2010 7:42am Nov 11, 2010 7:42am
Quoting Storeball

Trotty, yea I got that one for a few, been my only one today though.. Missed alot of moves. I'll be glad the day I look through a session and can say I took all that was presented. Trading in hindsight is always so much easier
Well played!


I'm still waiting for my ride on the train, waiting for EJ to possibly give a long signal but not had it properly yet....
  • #2,587
  • Nov 11, 2010 7:46am Nov 11, 2010 7:46am
Quoting Fxfighter
Yes was agressiv so I can see this wasn't right set up far this method?but I feel it they can go higher,well yes just for scalp I've been ready after push to close 50 ema go short,for me that was no brainer there was bloody huge resistance with to ema's kicking my ass down and that was first time retesting that resistance or Ppa.
So where did you enter short and why did you think after close that green candel maybe we go higher?
I just try to see what I didn't see.
Yea an aggesiv entry, but i mean if your comfortable taking that trade and know why your taking it thats all that matters imo. Also whenever im trying out a new setup i will try to take it as consistently as possible in the beginning so that i'll be able to keep some statistics on it. So if you take that trade 20 times you'll have a pretty good idea if you can pull it of long term or not. I'd be interested to see how it goes for sure You see buildcity pull of some nice trades out of areas i'v got no idea how he does it, which is always amazing to see So we all got to do what suits us.

When price crosses daily pivot that normally means (to me) that momentum might change. Dp is like any other ppa line resitance turn support and vice versa. But that red candle (second arrow on pic) closed below again and with equal high as the previous one its a tweezer setup or dbhlc. Toghether with fib and 50 I was pretty confident.
  • #2,588
  • Nov 11, 2010 7:54am Nov 11, 2010 7:54am
Quoting Trotty
Well played!


I'm still waiting for my ride on the train, waiting for EJ to possibly give a long signal but not had it properly yet....
Yea im looking at that myself. Both eu and ej seems to have found some support. Lets see how the new 1h closes.
  • #2,589
  • Nov 11, 2010 7:56am Nov 11, 2010 7:56am
Quoting Trotty
Here is the trade:
Hey Trotty I still think about that your trade) yep is few today I just try to putt myself in your situation.I told you I am not sure if I take it if I am there right that moment,well I think you are really right when you are saying that entry should be no brainer entry @10ema?(orange noodle).Why I change mind?well no b/c now is a few day after action but b/c that was first time visit that ema from pretty long time and prior bearish bars are really not massive even when that bar to touch ema was bearish and quiet big that time.Hm I should look for those you are right no brainer 1 cloc'k set up for touch.Also with another confluences what u said.Thanks man for that picture si all great for learn and analyze I love it.
  • #2,590
  • Nov 11, 2010 7:57am Nov 11, 2010 7:57am
This is how I post charts a bit to complicated for most maybe. But allows drawing and text on charts. One platform you could just copy and paste that is awesome , not mine

How I post Charts.

1. Hold function key and then hit the prt sc button, This loads all your screen or screens into your mouse.

2. Open Paint

3. Use edit or the highlight the dotted square top right of tools.
Right button and past the screens to paint.

4. Use the dotted square tool ( croping tool ) to go around the
chart you want to post. If you use more then 1 screen you
might have to move the tabs on the bottom and sides of the
paint screen to find the chart you want to print.

5. Once you have the chart outlined with the cropping tool you
right click inside the box ( on the chart) and choose copy.
This loads whatever you have cropped into your mouse

6. Go to the file button top right of paint and select new. It will
ask if you want to save say no.

7. Then put your curser on the screen and right click and
choose paste. If that won't work choose it from the edit
button top right of paint. At this point you can add text and
draw with the paint tools if you so desire.

8. Then choose file again and pick save as. I have a misc GBP
and E/J file setup on my desktop where I save my quick
post charts to. The reasoning is in the attachment section in
reply on Forex Factory you have to be able to find it.

9. Your chart is now ready to post . In the reply section there
is a tab at the top called attachments. hit that and load your
chart.
Good Trading To All ; Ken Lee
  • #2,591
  • Nov 11, 2010 8:07am Nov 11, 2010 8:07am
Quoting Storeball
Yea an aggesiv entry, but i mean if your comfortable taking that trade and know why your taking it thats all that matters imo. Also whenever im trying out a new setup i will try to take it as consistently as possible in the beginning so that i'll be able to keep some statistics on it. So if you take that trade 20 times you'll have a pretty good idea if you can pull it of long term or not. I'd be interested to see how it goes for sure You see buildcity pull of some nice trades out of areas i'v got no idea how he does it, which is always amazing...
Now I got what u saw.I didn't use it DP but I see why u took it and when u took it.Great trade u kept your rules for enter!!.
Hehe and Eric he is kind of trader he can jump for one bus to another and doing this alongside with his job is just amazing and the same Kurt.Brilliant scalpers.
  • #2,592
  • Nov 11, 2010 8:11am Nov 11, 2010 8:11am
Quoting Kenneth Lee
This is how I post charts a bit to complicated for most maybe. But allows drawing and text on charts. One platform you could just copy and paste that is awesome , not mine...
Hi Ken,

I don't want to be a pain in your arse but is there any chance you could have a look at the chart on post 2542 page 170? No problem if you're busy but I would really benefit from your feedback on that one.

Cheers bud.
  • #2,593
  • Nov 11, 2010 8:13am Nov 11, 2010 8:13am
G/U is Inverted H@S on 15TF can anyone see it I only dreaming?alpari feed.
  • #2,594
  • Nov 11, 2010 8:16am Nov 11, 2010 8:16am
Quoting Fxfighter
Hey Trotty I still think about that your trade) yep is few today I just try to putt myself in your situation.I told you I am not sure if I take it if I am there right that moment,well I think you are really right when you are saying that entry should be no brainer entry @10ema?(orange noodle).Why I change mind?well no b/c now is a few day after action but b/c that was first time visit that ema from pretty long time and prior bearish bars are really not massive even when that bar to touch ema was bearish and quiet...
Hey, no worries mate, we're all learning on this thread and as much from each other as we are from ken.

There are a few tricks to nailing the 10 ema touch trades. You're right that if price hasn't been there in a while, the chances of that reaction are stronger. The angle is obviously vital - 1 and 5 o'clock of course. Also, look for them low momentum bars on the retrace, they are a big clue. A two bar retrace is perfect as well. The other thing to look out for is how it got there. Was a nice, clean and swift retracement or was there a candle fight at the top before the retrace got as far as the 10. If there was a fight, be careful and if you get a strong reversal candle against you before it gets there, just use your noggin and maybe pass on that one. I prefer another reason or two though, a round number, ppa or a pivot. just something else to give me a bit of peace of mind that i'm trading back into the current movement from a logical point.
  • #2,595
  • Nov 11, 2010 8:18am Nov 11, 2010 8:18am
Quoting Fxfighter
G/U is Inverted H@S on 15TF can anyone see it I only dreaming?alpari feed.
In the wrong place though. It's after an up move, it should be after a down move.
  • #2,596
  • Nov 11, 2010 8:19am Nov 11, 2010 8:19am
Quoting Trotty
Hi Ken,

I don't want to be a pain in your arse but is there any chance you could have a look at the chart on post 2542 page 170? No problem if you're busy but I would really benefit from your feedback on that one.

Cheers bud.

Was doing it as you typed ..
Attached Image (click to enlarge)
Click to Enlarge Name: Trotty.JPG Size: 234 KB
Good Trading To All ; Ken Lee
  • #2,597
  • Nov 11, 2010 8:23am Nov 11, 2010 8:23am
Good morning guys, I see that there is a holiday today here in US, as well as a few other things. Even still I just took a trade on EJ, there was a resistance area with quite a few tests so I took the engulfing candle.
  • #2,598
  • Nov 11, 2010 8:29am Nov 11, 2010 8:29am
closed short E/J kiss of 35/50 emas.1 hr TF was with me. Yep love this touch trading.
  • #2,599
  • Nov 11, 2010 8:31am Nov 11, 2010 8:31am
short A/U after close candel.
  • #2,600
  • Nov 11, 2010 8:31am Nov 11, 2010 8:31am
Quoting ReaperKK
Good morning guys, I see that there is a holiday today here in US, as well as a few other things. Even still I just took a trade on EJ, there was a resistance area with quite a few tests so I took the engulfing candle.
Could you clarify what you mean? The engulfing/pin of support 6 candles ago on 15min? Thats long of support though...
1 trader viewing now