B.S. Trading with Kenneth Lee | Page 139 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Day Trading vs. Swing Trading vs. Position Trading 86 replies

Attachments: B.S. Trading with Kenneth Lee
Exit Attachments

B.S. Trading with Kenneth Lee

  • #2,761
  • Feb 23, 2012 2:53am Feb 23, 2012 2:53am
Now I short aud too. But my stop is different.
Attached Image (click to enlarge)
Click to Enlarge Name: bstrade_short.gif Size: 26 KB
  • #2,762
  • Feb 23, 2012 2:57am Feb 23, 2012 2:57am
Quoting TraderinSD
Attachment


Short @1.06830
Stopped out

TSD
  • #2,763
  • Feb 23, 2012 3:02am Feb 23, 2012 3:02am
Quoting TraderinSD
Stopped out

TSD
I don't understand anything
  • #2,764
  • Feb 23, 2012 3:04am Feb 23, 2012 3:04am
Alright I have now pushed my stop up again...I will continue moving my stop until target gets hit.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 21 KB
  • #2,765
  • Feb 23, 2012 3:08am Feb 23, 2012 3:08am
Quoting Shermenator
Alright I have now pushed my stop up again...I will continue moving my stop until target gets hit.

Attachment
Shermenator, Can you pls share your red line indicator shown in your chart? Is that Fibo line?
  • #2,766
  • Feb 23, 2012 3:10am Feb 23, 2012 3:10am
Quoting Android38
Shermenator, Can you pls share your red line indicator shown in your chart? Is that Fibo line?
It is a fib line..no indicator it comes with the mt4 platform
  • #2,767
  • Feb 23, 2012 3:12am Feb 23, 2012 3:12am
Attached Image (click to enlarge)
Click to Enlarge Name: Forex Trade AUSUSD Short Set Up 2.23 #2.JPG Size: 130 KB


Ok second attemp at this short .. MO on the upper level as shown on the previous short that was stopped out.

So why is the level better than the previous level that was stopped out/?

Any thoughts?

TSD
  • #2,768
  • Feb 23, 2012 3:12am Feb 23, 2012 3:12am
Stop trying to sell the Audusd...and focus on buying the pullback on it. The odds of the trade are greater.
  • #2,769
  • Feb 23, 2012 3:13am Feb 23, 2012 3:13am
Quoting TraderinSD
Stopped out

TSD
me too, guys!
same trade same lvl same SL well move on ..

TSD look a/u H4, we were selling right after price has visited demand lvl formed on 1st Feb. around 0400 GMT.. crap why
I see it now .. ok move on I have to be more carefull
Profit Margin is the King!
  • #2,770
  • Feb 23, 2012 3:16am Feb 23, 2012 3:16am
Quoting Shermenator
Alright I have now pushed my stop up again...I will continue moving my stop until target gets hit.

Attachment
Shermenator, Can you pls share your red line indicator shown in your chart? Is that Fibo line?
  • #2,771
  • Feb 23, 2012 3:19am Feb 23, 2012 3:19am
Quoting Android38
Shermenator, Can you pls share your red line indicator shown in your chart? Is that Fibo line?
I wrote above ...its a fib not an indicator
  • #2,772
  • Feb 23, 2012 3:26am Feb 23, 2012 3:26am
Quoting Shermenator
Stop trying to sell the Audusd...and focus on buying the pullback on it. The odds of the trade are greater.
Buy with the pull back on the daily?

TSD
  • #2,773
  • Feb 23, 2012 5:42am Feb 23, 2012 5:42am
Quoting ruten
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.
I may be wrong but looks like Scaling into losing positions
Thoughts are things
  • #2,774
  • Feb 23, 2012 6:23am Feb 23, 2012 6:23am
Quoting Quezoy
I may be wrong but looks like Scaling into losing positions
Hi Quezoy! Thanks
  • #2,775
  • Feb 23, 2012 7:37am Feb 23, 2012 7:37am
I have now pushed my stop up in the audusd

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 18 KB
  • #2,776
  • Feb 23, 2012 7:59am Feb 23, 2012 7:59am
I can't believe Shermenator , won't share that indicator with you guys ..

Why your oz shorts failed it was written in the longer charts .
Attached Image (click to enlarge)
Click to Enlarge Name: chart 213.jpg Size: 239 KB
Good Trading To All ; Ken Lee
  • #2,777
  • Feb 23, 2012 8:09am Feb 23, 2012 8:09am
I did not take the long , But my last trade was a short down into the demand the last swing on the 30 min chart. I had to go to a neighbors for a gathering and didn't like the width of the level on any charts i could see it on . was hoping for a entry off a faster chart but nothing was clear when i got back including my head , So stood aside .

We have to always keep the bigger picture in our minds if you can't remember it then make a jpg on paint mark up the trend swings and the levels of interest . Then keep it handy . Take screen shots of Sam's videos see how he has his screen laid out. Multiple time frames . That way he can see the total picture in one glance.

This idea is dead simple . We are the ones that can make it hard .


Trade Happy ken
Good Trading To All ; Ken Lee
  • #2,778
  • Feb 23, 2012 8:13am Feb 23, 2012 8:13am
Quote of the day :

When just starting out on a new journey, it's only natural to feel vulnerable. After all, it may seem that you have much to lose. But may I remind you that never again, at any other point in your journey, will you have so much to gain as you will if you start today?

I'll take that as a "Yes."

Tallyho,
The Universe
Good Trading To All ; Ken Lee
  • #2,779
  • Feb 23, 2012 8:15am Feb 23, 2012 8:15am
Hi everyone! What do you think about my thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: loss.gif Size: 190 KB
  • #2,780
  • Feb 23, 2012 8:20am Feb 23, 2012 8:20am
Quoting ruten
Hi everyone! What do you think about my thoughts?

That was a level i was looking at for a scalp , yes . Not sure what you mean limit not pending as they are the same. . If it turns which it may not now as it tried and is struggling. the 668 area is the one I would look at to go back long . I enter manually most times though as I like watching Price Action .
Good Trading To All ; Ken Lee
2 traders viewing now