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Ken's Continuing Successes with EO's system

  • #4,461
  • Jun 30, 2011 11:10pm Jun 30, 2011 11:10pm
Sometimes you just can't see it on your working chart , but it is a easy thought to KNOW you Must see what the next level is . You can do this by always extending your lines to the right but not on auto as I like to not have old lines crossiing through current swings as the level can and does shift a bit.
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Good Trading To All ; Ken Lee
  • #4,462
  • Jun 30, 2011 11:26pm Jun 30, 2011 11:26pm
You always hear of people focusing on one pair trying to learn it's personal moves. When in reality we should look for the best levels to enter across the board. and place Po's at A+ levels.

Hope some got this easy 100 pips off e/j during US session. was the best entry.
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Good Trading To All ; Ken Lee
  • #4,463
  • Jul 4, 2011 8:50am Jul 4, 2011 8:50am
charts, Of course if your not a wake during the right time the confirming PO would not get set at all. Only the fresh level above.
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Good Trading To All ; Ken Lee
  • #4,464
  • Jul 4, 2011 9:11am Jul 4, 2011 9:11am
If you pulled a fib that fresh level was 61.8% spot on also. Coincidence ??
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Good Trading To All ; Ken Lee
  • #4,465
  • Jul 4, 2011 9:17am Jul 4, 2011 9:17am
Small one I took last night...50% fib pull back to small demand area. It was good for a few. It is remarkable how often fib levels and S/D zones are in confluence.
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #4,466
  • Jul 4, 2011 9:24am Jul 4, 2011 9:24am
Quoting Rufus
Small one I took last night...50% fib pull back to small demand area. It was good for a few. It is remarkable how often fib levels and S/D zones are in confluence.

Nice, a got a long off a/j at 86.48 But took profit at top of the 3 red candles for a nice quicky 30 min chart . entry 1 am eastern u.s.
Good Trading To All ; Ken Lee
  • #4,467
  • Jul 4, 2011 9:36am Jul 4, 2011 9:36am
a/j chart
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Good Trading To All ; Ken Lee
  • #4,468
  • Jul 4, 2011 9:39am Jul 4, 2011 9:39am
Quoting Kenneth Lee
Nice, a got a long off a/j at 86.48 But took profit at top of the 3 red candles for a nice quicky 30 min chart . entry 1 am eastern u.s.

When London came on board last night it just slammed mine to the dirt. Most of it was off. So many times it looks like FF is the "Setup Guy" for London. I was going to bed at this point...To tired to party
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #4,469
  • Jul 4, 2011 11:21pm Jul 4, 2011 11:21pm
gbp trade
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Good Trading To All ; Ken Lee
  • #4,470
  • Jul 5, 2011 4:11am Jul 5, 2011 4:11am
couple of small trades oz 27and e/u 30
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Good Trading To All ; Ken Lee
  • #4,471
  • Jul 5, 2011 12:08pm Jul 5, 2011 12:08pm
Found an MT4 indicator that draws the supply and demand zones. Its not perfect.. but not bad.. I just started playing with it.
you can get it from http://insanityindustries.net/viewtopic.php?f=10&t=10 after you register.. (free)

How I custom set colors:
Blue= fresh area.
Gray= Area already touched.
Purple= Blue inside a gray area,

http://my.jetscreenshot.com/5685/20110705-peha-77kb.jpg
The only system that will work is one designed by and for yourself.
  • #4,472
  • Jul 5, 2011 12:44pm Jul 5, 2011 12:44pm
Watch out for this!! its not a way to square the circle!

Quoting bloodpoodle
Found an MT4 indicator that draws the supply and demand zones. Its not perfect.. but not bad.. I just started playing with it.
you can get it from http://insanityindustries.net/viewtopic.php?f=10&t=10 after you register.. (free)

How I custom set colors:
Blue= fresh area.
Gray= Area already touched.
Purple= Blue inside a gray area,

http://my.jetscreenshot.com/5685/20110705-peha-77kb.jpg
  • #4,473
  • Jul 5, 2011 12:47pm Jul 5, 2011 12:47pm
Quoting Kenneth Lee
couple of small trades oz 27and e/u 30
Hello Ken, Thank you for your effort for this great thread. I wanna ask why did you take that S/D in Aud chart?? It is the third touch of that S/D not a fresh point.

I didn't take that point. I took this one. Do you think it is A grade S/D or a good entery area??
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  • #4,474
  • Jul 5, 2011 1:22pm Jul 5, 2011 1:22pm
Quoting Berserk_r
Hello Ken, Thank you for your effort for this great thread. I wanna ask why did you take that S/D in Aud chart?? It is the third touch of that S/D not a fresh point.

I didn't take that point. I took this one. Do you think it is A grade S/D or a good entery area??
Attachment

what I saw ,,

I would like that level you marked better if it didn't have that long red candle 4 candles back . but it has been a producer with the right attitude. The tp level is well defined at 1.0686 nice swap area, and looking at your 4 hr a long might be a decent move but a head and shoulders leans to the short side . a breakout play of 1.0686 might be in order another run to 1.0738 then down might be nice as I see that as a a+ level or 1.0752

I have been using mostly 30 min charts for levels not 15 . even Sam says when he trades intraday he uses 30 and 1 hr for levels then as fast as a 2 min for entries off those levels.

Just like he has shown taking 3 or 4 trades off a daily or weekly level day after day . The same ole thing find higher time frame levels then get your best fast chart entry.

Hope you held it or re-entered it may be getting ready to pay you .
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Good Trading To All ; Ken Lee
  • #4,475
  • Jul 5, 2011 8:35pm Jul 5, 2011 8:35pm
Trust and you shall recieve
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Good Trading To All ; Ken Lee
  • #4,476
  • Jul 6, 2011 1:49am Jul 6, 2011 1:49am
GBP Trade closed
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Good Trading To All ; Ken Lee
  • #4,477
  • Jul 6, 2011 2:20am Jul 6, 2011 2:20am
TP hit
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Good Trading To All ; Ken Lee
  • #4,478
  • Jul 6, 2011 2:52am Jul 6, 2011 2:52am
I believe PO's are the key to trading in this fashion, as trying to spot and enter multiple pairs can be daunting. Take a look at e/j and eur/cad .

e/j 117.00 eur/cad 1.3927 30 min charts.

I believe that it is more important to trade good levels than a specific pair. just a couple of decent entries a week and we are home free.
Good Trading To All ; Ken Lee
  • #4,479
  • Jul 6, 2011 8:05am Jul 6, 2011 8:05am
That TP level really held on the gbp.

Looks like another tight range U.S. session
Good Trading To All ; Ken Lee
  • #4,480
  • Jul 6, 2011 3:06pm Jul 6, 2011 3:06pm
Quoting Kenneth Lee
That TP level really held on the gbp.

Looks like another tight range U.S. session
Hi Kenneth,

Keep posting, I'm following you and you are very good!

Mfinab,
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