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B.S. Trading with Kenneth Lee

  • #881
  • Oct 26, 2011 6:41pm Oct 26, 2011 6:41pm
Ken,

I agree.

EUR/CHF is the one pair I have trouble trading. This week I traded it once & gained 22 pips, but I just don't feel good about this pair, so will stay away in the future. AUD/USD, E/$ & EUR/GBP are my main focus for now.
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  • #882
  • Oct 26, 2011 6:57pm Oct 26, 2011 6:57pm
Quoting nawlins51
I don't have a problem with it. Ask Ken if he is cool with it. You can set it up if he is. I would be there. We can all help this way Ken doesn't have to be responsible for it. He is already running a very active thread.

I think it is fine . But I will not be there. Find it a bit distracting. Plus i trade weird hours here when I am not when most are normally. But would be great for you guys to share ideas. FF is a bit slow plus have to refresh all the time.

. Cheers Ken
Good Trading To All ; Ken Lee
  • #883
  • Oct 26, 2011 6:58pm Oct 26, 2011 6:58pm
Loonie zones and thoughts on my charts.
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  • #884
  • Oct 26, 2011 7:03pm Oct 26, 2011 7:03pm
Quoting acetrader
Ken,

I agree.

EUR/CHF is the one pair I have trouble trading. This week I traded it once & gained 22 pips, but I just don't feel good about this pair, so will stay away in the future. AUD/USD, E/$ & EUR/GBP are my main focus for now.
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yes I don't think we have to limit ourselves but we have to become comfortable. Plus with pairs we don't trade a lot just a+ levels should be tried. I think with time we will just trade the best setups and not think in pairs. i remember a loonie USD/CAD , I saw and didn't take is it looked to be a trade that would be fighting the other trades i was watching also. but true to the s/d idea it was a fine trade and went to the other level though nothing else turned.

I do try and not enter pairs with like currencies on the same side we could find ourselves in a bunch of losers. Or a bunch of winners but better to add risk to your one trade than look around at a bunch .

Just a thought
Good Trading To All ; Ken Lee
  • #885
  • Oct 26, 2011 7:04pm Oct 26, 2011 7:04pm
Good trading today on 30m. Drilling down to the 5m after a 30m level forms is working well to fine tune the 30m level. Just learning supply and demand levels from Ken. Not interested in trading the15m, 5m or 1m chart. Just use them to adjust the 30m levels. Does this make sense? Hope so because its working great so far.

Steve
  • #886
  • Oct 26, 2011 7:18pm Oct 26, 2011 7:18pm
Anybody go short on OZ. hit the level and dropped like a rock. Missed it.
  • #887
  • Edited 7:49pm Oct 26, 2011 7:22pm | Edited 7:49pm
Quoting Kenneth Lee
I think it is fine . But I will not be there. Find it a bit distracting. Plus i trade weird hours here when I am not when most are normally. But would be great for you guys to share ideas. FF is a bit slow plus have to refresh all the time.

. Cheers Ken
Thank you Ken for giving us the opportunity to create a group with this system.

We now have a group named "B.S. Trading with Kenneth Lee"

Any member who is interested should send a private message to ejiexe or nawlins51 to add them to the group.

Please I will not want members to clutter thread with asking for invites. Please use PM and send your skype ID
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #888
  • Oct 26, 2011 7:23pm Oct 26, 2011 7:23pm
Quoting nawlins51
Anybody go short on OZ. hit the level and dropped like a rock. Missed it.
being the second touch was looking for a possible break. The long consolidation before the last push also worried me a bit
Good Trading To All ; Ken Lee
  • #889
  • Oct 26, 2011 7:31pm Oct 26, 2011 7:31pm
Quoting Kenneth Lee
being the second touch was looking for a possible break. The long consolidation before the last push also worried me a bit
Yeah not an A+ trade by any but I wanted to take it. Just not a PO entry and missed it. Hoping it goes to my demand area then breaks it hehe.
  • #890
  • Oct 26, 2011 10:01pm Oct 26, 2011 10:01pm
trying a short form this extreme level. but not a good rejection plus the trend is up on longer charts even a downtrend chart is showing a almost full retrace of the last swing , so not giving much more time.
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Good Trading To All ; Ken Lee
  • #891
  • Oct 26, 2011 10:37pm Oct 26, 2011 10:37pm
Took this long on the USDCAD. Got 10.2 pips on it. I am posting my chart in the time frame of M1. This was one of the weirdest trades I took in a while. Price just flatline for minutes. Why i am showing the M1. Price stalled up here and i said its counter trend and not acting right so I got out. Took my ball and went home lol.
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  • #892
  • Oct 26, 2011 10:50pm Oct 26, 2011 10:50pm
Took that as well but off 30 min chart bit late in as just home from work. comments welcome. been following along on i pod at work when i can. hope to join in more, trade london session normally.

cheers
Tony
  • #893
  • Oct 26, 2011 11:11pm Oct 26, 2011 11:11pm
Quoting shogeki
Took that as well but off 30 min chart bit late in as just home from work. comments welcome. been following along on i pod at work when i can. hope to join in more, trade london session normally.

cheers
Tony
Are you still in it? I may get back in if I see something that makes me take it. Glad to have you with us. You got a good guy teaching us who is very patient. Can;t ask for more.
  • #894
  • Oct 26, 2011 11:17pm Oct 26, 2011 11:17pm
Yes hanging in there. Appreciate what Ken has put together here. You all seem like a great bunch of traders helping each other out.
been trading for 2 years blown accounts down indicator road come to realize price and levels the way to go. appreciate every ones input. Here to learn.
  • #895
  • Oct 26, 2011 11:22pm Oct 26, 2011 11:22pm
Quoting shogeki
Yes hanging in there. Appreciate what Ken has put together here. You all seem like a great bunch of traders helping each other out.
been trading for 2 years blown accounts down indicator road come to realize price and levels the way to go. appreciate every ones input. Here to learn.
Remember its counter trend. Yes most indicators are trash. There are some good ones but most are trash. This is the way to trade. No other way.
  • #896
  • Oct 26, 2011 11:37pm Oct 26, 2011 11:37pm
Gotta go got classes to teach. Thanks for the input catch up tomorrow.
Happy trading all.
  • #897
  • Oct 26, 2011 11:45pm Oct 26, 2011 11:45pm
Anybody catch AJ long at 79.68
  • #898
  • Oct 26, 2011 11:48pm Oct 26, 2011 11:48pm
Hi

Just a simple question from my side.

When trading with Supply and Demand, do you consider the trend direction on a higher time frame. I don't know if I missed it but a Supply/Demand zone is not necessary always at the top or bottom of a trend (reversal)

Thanks

John from Durban
  • #899
  • Oct 27, 2011 12:00am Oct 27, 2011 12:00am
Quoting jmcl
Hi

Just a simple question from my side.

When trading with Supply and Demand, do you consider the trend direction on a higher time frame. I don't know if I missed it but a Supply/Demand zone is not necessary always at the top or bottom of a trend (reversal)

Thanks

John from Durban
Yes we consider trend direction. Some of us do take counter trend trades. You are correct that Supply and demand is not always at the top or bottom. Plenty of charts in this thread to show you zones marked not at tops and bottoms. Hope this helps.
  • #900
  • Oct 27, 2011 12:04am Oct 27, 2011 12:04am
Quoting nawlins51
Yes we consider trend direction. Some of us do take counter trend trades. You are correct that Supply and demand is not always at the top or bottom. Plenty of charts in this thread to show you zones marked not at tops and bottoms. Hope this helps.
Thank you for that now I can start all over again

Regards

John from Durban
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