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B.S. Trading with Kenneth Lee

  • #2,561
  • Feb 15, 2012 2:20am Feb 15, 2012 2:20am
Quoting ruten
Hi guys!
Look at my chart, please!
I want to hear the criticism of my actions, if you not hard.
Thanks.
I'm still looking same your level but price not hit
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  • #2,562
  • Feb 15, 2012 2:40am Feb 15, 2012 2:40am
Quoting ruten
Hi guys!
Look at my chart, please!
I want to hear the criticism of my actions, if you not hard.
Thanks.
I think your supply level is not fresh. But if you really want to trade it, maybe you should rise your SL above the BEOB from the previous supply level. See chart.
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  • #2,563
  • Feb 15, 2012 2:53am Feb 15, 2012 2:53am
I am currently long in the eurusd....

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  • #2,564
  • Feb 15, 2012 2:54am Feb 15, 2012 2:54am
There is that supply zone on AUDUSD M30-H1, which looks promising.
The price tried to reach that level in (1) but didn't made it inside the supply zone. So there might be alot of orders left in that zone.

If price will reach that supply, there is a good change to drop from that area. It has to pass through a lower supply zone which might consume some of the buyers.

What do you think?
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  • #2,565
  • Feb 15, 2012 2:59am Feb 15, 2012 2:59am
Quoting hcristea
There is that supply zone on AUDUSD M30-H1, which looks promising.
The price tried to reach that level in (1) but didn't made it inside the supply zone. So there might be alot of orders left in that zone.

If price will reach that supply, there is a good change to drop from that area. It has to pass through a lower supply zone which might consume some of the buyers.

What do you think?
Well in general I am focused in taking my shorts in the gbpusd ( missed it today) but that was the pair showing the most weakness against the dollar.
The audusd is the strongest pair against the dollar in general. So I would prefer taking my long trades in the audusd and if considering selling I look more into selling the gbpusd....I dont want to stop a train...if I do it has to be a massive level
  • #2,566
  • Feb 15, 2012 3:22am Feb 15, 2012 3:22am
Alright I have now moves stop up I am over 1 to 1

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  • #2,567
  • Feb 15, 2012 3:24am Feb 15, 2012 3:24am
I have now update stop again ...Hope I am not cluttering

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  • #2,568
  • Feb 15, 2012 4:05am Feb 15, 2012 4:05am
eurusd update

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  • #2,569
  • Edited 4:30am Feb 15, 2012 4:09am | Edited 4:30am
Quoting Shermenator
eurusd update

Attachment
Price missed my target by .5 pips and missed my stop by 1.5 pips lol

I have now closed since I dont like the 1 hour wick ...

total return was 1 to 1.5 ...money management is the most important thing


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  • #2,570
  • Feb 15, 2012 4:29am Feb 15, 2012 4:29am
Quoting Shermenator
Price missed my target by .5 pips and missed my stop by 1.5 pips lol

I have now closed since I dont like the 1 hour wick ...


Attachment
good resource for SD trade
learming a lot from the thrend and those sharing the trades.
how do you create the line with price at the right? or you create your own script to create the line?
  • #2,571
  • Feb 15, 2012 4:33am Feb 15, 2012 4:33am
I am now short gbpusd

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  • #2,572
  • Feb 15, 2012 4:45am Feb 15, 2012 4:45am
I should be adjusting stop to break even soon

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  • #2,573
  • Feb 15, 2012 4:49am Feb 15, 2012 4:49am
Alright I have now moved my stop down ... I will keep on watching price action and making decisions on it

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  • #2,574
  • Feb 15, 2012 5:18am Feb 15, 2012 5:18am
Quoting Shermenator
Alright I have now moved my stop down ... I will keep on watching price action and making decisions on it

Attachment

GBPUSD

I have now been taken out of the trade with like 2 pips or so ...
Onto the next investment

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  • #2,575
  • Feb 15, 2012 5:46am Feb 15, 2012 5:46am
Quoting ezpmee
good resource for SD trade
learming a lot from the thrend and those sharing the trades.
how do you create the line with price at the right? or you create your own script to create the line?
I use a fib tool...and what I do is remove all the levels and only leave one . Then I have a template with that fibb so I dont have to delete the levels every time I want to use it .
  • #2,576
  • Edited 6:10am Feb 15, 2012 5:57am | Edited 6:10am
Quoting Shermenator
I use a fib tool...and what I do is remove all the levels and only leave one . Then I have a template with that fibb so I dont have to delete the levels every time I want to use it .
thanks, which good fibo tool?

here is my own, i am working
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  • #2,577
  • Feb 15, 2012 6:32am Feb 15, 2012 6:32am
These are the setting I have on my fib tool ...

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  • #2,578
  • Feb 15, 2012 6:37am Feb 15, 2012 6:37am
Quoting Shermenator
These are the setting I have on my fib tool ...

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thanks a lot,
  • #2,579
  • Feb 15, 2012 7:34am Feb 15, 2012 7:34am
Ouch!!!
I set my target 100pips...but manually close it at 60pips..
After 1 min close the price dropped to hit my initial TP...

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  • #2,580
  • Feb 15, 2012 7:40am Feb 15, 2012 7:40am
Quoting Android38
Ouch!!!
I set my target 100pips...but manually close it at 60pips..
After 1 min close the price dropped to hit my initial TP...

Attachment
excellent trade
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