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B.S. Trading with Kenneth Lee

  • #2,741
  • Feb 22, 2012 3:28am Feb 22, 2012 3:28am
Quoting ruten
Opposite to you I have a loss in this place, because I thought that trend is up began.
The gbpusd has been very weak since yesterday ...so most of the demand levels I was expecting to crack even if they are perfect levels and get absorbed. Concentrate more on buying euros today. I will try and buy that or the Aud later down the session if the sentiment in the market has not changed
  • #2,742
  • Feb 22, 2012 3:33am Feb 22, 2012 3:33am
I have now closed my trade got 3 to1

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  • #2,743
  • Feb 22, 2012 3:42am Feb 22, 2012 3:42am
Quoting Shermenator
I have now closed my trade got 3 to1

Attachment
nice one buddy
  • #2,744
  • Feb 22, 2012 7:33am Feb 22, 2012 7:33am
I am now starting to watch price in the AUDUSD as I am starting to become interested in buying this. Not sure yet if I will take a limit order or price action

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  • #2,745
  • Feb 22, 2012 8:20am Feb 22, 2012 8:20am
Quoting bullzeye
nice one buddy
Thanks man
  • #2,746
  • Feb 22, 2012 8:57am Feb 22, 2012 8:57am
Sher tell us please how did you paint his red lines? If it is Fibo tool, what settings you apply?
Thanks.
  • #2,747
  • Feb 22, 2012 9:07am Feb 22, 2012 9:07am
Quoting ruten
Sher tell us please how did you paint his red lines? If it is Fibo tool, what settings you apply?
Thanks.
look at this post

http://www.forexfactory.com/showthre...00#post5386700

then click on parameters and click ray lol...I have been using this little line thing for like 4 years now haha( I love it since its exact with the price)
  • #2,748
  • Feb 22, 2012 9:38am Feb 22, 2012 9:38am
Good trade Shermenator
  • #2,749
  • Feb 22, 2012 10:04am Feb 22, 2012 10:04am
Alright I am now long AUDUSD...keep in mind the odds of this trade is lower but I am getting a good return on investment.
Dealing with a 65/35 percent chance type of trade
Seeking 3 to 1


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  • #2,750
  • Edited 11:24am Feb 22, 2012 11:13am | Edited 11:24am
Hello,

Im new to the thread, it was suggested to me by Nawlins.
Been playing around with how to set the levels and would like a comment on my picks.

Those were taken from the 4H.
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Thoughts are things
  • #2,751
  • Feb 22, 2012 11:16am Feb 22, 2012 11:16am
Quoting Dropped Onion
short audchf here based on commentary above and engulfing bar at DTL + s/r
aud/chf - added to this position on the climb to upper supply. out most here.

shorter term momentum was with sellers. this was key in adding to and holding
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  • #2,752
  • Edited 8:00pm Feb 22, 2012 12:35pm | Edited 8:00pm
Quoting Shermenator
look at this post

http://www.forexfactory.com/showthre...00#post5386700

then click on parameters and click ray lol...I have been using this little line thing for like 4 years now haha( I love it since its exact with the price)
Sorry Sher! But I think what your settings of levels are remaining your secret. I talked about levels 38,2 61,8 and so on.
  • #2,753
  • Feb 22, 2012 8:11pm Feb 22, 2012 8:11pm
Quoting Dropped Onion
aud/chf - added to this position on the climb to upper supply. out most here.

shorter term momentum was with sellers. this was key in adding to and holding
Hi Dropped Onion! You showed not familiar thing to me.
I'm quite far from understanding of this process. Please tell me where can I find such tactics. I about your sales on an up-trend. Thank you.
  • #2,754
  • Feb 23, 2012 12:50am Feb 23, 2012 12:50am
Woke up to see my audusd trade get stopped out by a few pips. And have decided to come back in . This will be my last attempt at getting this level correct. I always give myself tops 2 bullets if I got it wrong on the first attempt.

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  • #2,755
  • Edited 1:12am Feb 23, 2012 12:59am | Edited 1:12am
long gu , close 10 pips
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  • #2,756
  • Feb 23, 2012 1:26am Feb 23, 2012 1:26am
update for au and nu, waiting....
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  • #2,757
  • Feb 23, 2012 2:14am Feb 23, 2012 2:14am
I am currently still holding my long in my audusd

Will start managing my trade

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  • #2,758
  • Feb 23, 2012 2:31am Feb 23, 2012 2:31am
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Short @1.06830
  • #2,759
  • Feb 23, 2012 2:36am Feb 23, 2012 2:36am
Quoting TraderinSD
Attachment


Short @1.06830
Be careful with any of the supply levels...take a look at the market structure it has been ranging...good luck though
  • #2,760
  • Feb 23, 2012 2:53am Feb 23, 2012 2:53am
Alright I have now pushed stops up in my trade

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