B.S. Trading with Kenneth Lee

Hi all. I have been using Sam Seiden's methods for a while and am having good success. I am having a little trouble with one concept Kenneth speaks of in the PDF dealing with flips. When the demand or supply area are broken Kenneth then shows this flipping to the opposite (supply changes to demand and demand to supply) I am not clear on the location of the stop for this type of entry. would someone be kind enough to explain stop placement for these entries.

Thanks!

i like this level also

Hi guys! I that you are not for Volume,but may be who trading Futures know what platform has good T&S,beside NT7,TOS filters data as well,..?There is XTrader for $700/mo,who can pay in our league that?

If you zoom out to a weekly chart you will see we are in major supply area longs should be for a quick hit. Target for shorts in the 88750 range IMHO.

yeah right, in this days you have to take your profit very fast, i was out of the trade for 25 Pips via trailingstop

EUR/JPY sell limit triggered

GBP/USD not sure about this one, what do you think guys?

Also my sell limit triggered from 30m chart TP 97.85. Planning move to BE asap

Good Lookin,

Thanks for the chart you posted, it is........well a good lookin chart
no pun intended, but it is a nice clean light background chart with a clear explantion attached. Seriously thank you.


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I think this breakout is a confirmayion of good running... i'm waiting for hitting my TP

out with 60 Pips, a beautiful one , the price falls like a rock ...ehh sorry like a cat from the supply area

Nice one with EURJPY cat bullzeye

Am not sure about that GBUSD area either as when/if price returns, it would be the second time it would have gone back there since it originally became a supply zone (rectangle on left hand side), so Sam's stack of sell orders have a chance of being used up by then.
I know some disagree r.e. only taking the first move back to an S/D level. I think it says that we only look for those trades in Ken's notes, and using the visual of Sam's physical stack of buy/sell orders, it seems to make sense?

USCHF update. Have decided to cut it for a small profit. Shows the importance of monitoring charts (or maybe will show the importance of entering a trade and sticking with it).
Am still v happy with the Demand zone, but am a lot less happy with the supply zone that was made in trading yesterday. That looks like a good area for a short, and as such I'm not convinced at the strength of any move higher.
So that will mean USCHF will shoot up 200 points-that's what usually happens when I change my mind and exit a trade....

US Oil 4 hour supply zone?

Realised I didn't post this yesterday-have taken a short on XAGUSD (silver).
Bit concerned about the good demand zone underneath.

USCHF update. Have decided to cut it for a small profit. Shows the importance of monitoring charts (or maybe will show the importance of entering a trade and sticking with it).

3 trades for the week
+60 pips +9.2%
+37 pips +5.6%
+142 pips +12.8%

Total
+239 pips +27.6%

Was a good week. Won't be trading till next week.

Good trading to all!

shorting EG from m30 supply lvl

ODD enhancers

fresh zone
big dropping price
price couldnt stay in a long time from that supply

hi there Kenneth Lee, Good Lookin, Bullz, Zamfir, and all
here I posts an EG chart to discuss,,, as I can't see better view on m30 so I move it down to m15 to see the possible zones,
there are 3 supply zones, I marked them with numbers.
what do u say abt this? will this be a good supply zones? any reason and advices to discuss is very appreciated

well done bro, and thats only with E/U

I wanted to reply sooner but time would not allow, anyway...

I only take zones on smaller time frames (anything less than 1h for me) if there's some heavy ranging or if it will help me get a better RR from tightening up a larger zone. That being said lets take a look at these zones.








Remember to watch how price approaches these areas and the price action that develops in the approach..