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B.S. Trading with Kenneth Lee

  • #6,181
  • Aug 3, 2015 1:20am Aug 3, 2015 1:20am
Trading the Asian session LIVE - Cont>

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We clear the Highest Volume Candle coming from Supply... Looking from right to left ( at #1 ) we see that the beginnings of Supply have now become Demand.

Price still have it issues trying to clear with 124.03 Support holding.. Will see.. we may see another.. deeper retest of Demand ???

Price does what it does we just have to manage it
  • #6,182
  • Aug 3, 2015 1:32am Aug 3, 2015 1:32am
Trading the Asian session LIVE - Cont>

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Here is the bigger picture as to why we are taking this trade.. price tends.. Not always ....to return to Supply / Demand levels after forming a base. The Drop Base-Rise pattern...All we are doing is trading into those levels .. in this case Supply ( or target close to it with a good RR )
  • #6,183
  • Aug 3, 2015 1:41am Aug 3, 2015 1:41am
Trading the Asian session LIVE - Cont>

Attached Image (click to enlarge)
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Price is making an aggressive move back towards Demand.. we are seeing Higher Relative Vol so we know this is a solid level.. whether we reach all the way into Demand will just have to wait and see??
  • #6,184
  • Aug 3, 2015 2:09am Aug 3, 2015 2:09am
Trading the Asian session LIVE - Cont>

It mid night here in So Cal...Appears we had one last push ( as previously mentioned ) and we are climbing out to the upside.. we are now in Set It and let the market HOPEFULLY take us home.. Will see in the AM ..


Good night and good trading to all


TSD
  • #6,185
  • Edited Aug 4, 2015 12:49am Aug 3, 2015 8:28am | Edited Aug 4, 2015 12:49am
Quoting TraderinSD
Trading the Asian session LIVE - Cont> It mid night here in So Cal...Appears we had one last push ( as previously mentioned ) and we are climbing out to the upside.. we are now in Set It and let the market HOPEFULLY take us home.. Will see in the AM .. Good night and good trading to all TSD
Sweet dreams SDT. Thanks for your charts, and appreciate the detail. Uptrend in the main, but looks to be moving south from supply? Let's see. GB.

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AUD/USD H1 Sell. With main downtrend.

Edit: stopped out for a loss.

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'Fail to plan, plan to fail'
  • #6,186
  • Aug 11, 2015 12:43pm Aug 11, 2015 12:43pm
Possible trades
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  • #6,187
  • Aug 11, 2015 12:46pm Aug 11, 2015 12:46pm
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  • #6,188
  • Aug 11, 2015 1:07pm Aug 11, 2015 1:07pm
Quoting TraderinSD
Trading the Asian session LIVE - Cont> {image} Price is making an aggressive move back towards Demand.. we are seeing Higher Relative Vol so we know this is a solid level.. whether we reach all the way into Demand will just have to wait and see??
How did I miss these gems? Always good to see your posts TSD.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #6,189
  • Aug 11, 2015 2:16pm Aug 11, 2015 2:16pm
Quoting HiddenGap
{quote} How did I miss these gems? Always good to see your posts TSD.

Thank you HG.. Likewise on your end! Always following what your doing.



All the best

TSD
  • #6,190
  • Aug 17, 2015 1:04am Aug 17, 2015 1:04am
Trading the Asian session - Live

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TSD
  • #6,191
  • Aug 17, 2015 1:10am Aug 17, 2015 1:10am
Trading the Asian session - Live - cont:

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Thought i would remove some of that clutter as my charts tend to get that way.

TSD
  • #6,192
  • Aug 17, 2015 1:27am Aug 17, 2015 1:27am
Trading the Asian session - Live - cont:

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Patience is the move at this point

TSD
  • #6,193
  • Aug 17, 2015 1:41am Aug 17, 2015 1:41am
Trading the Asian session - Live - cont:

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The 124.416 Resistance showing itself to be a bit of a challenge

TSD
  • #6,194
  • Aug 17, 2015 1:57am Aug 17, 2015 1:57am
Trading the Asian session - Live - cont:

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The challenge continues


TSD
  • #6,195
  • Aug 17, 2015 2:06am Aug 17, 2015 2:06am
Trading the Asian session - Live - cont:

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Dropped down to the 1M Found a Rise-Base-Rise Demand. took a second position with a 3:1 RR for a quick scalp inside the current long. will see ?

TSD
  • #6,196
  • Aug 17, 2015 2:09am Aug 17, 2015 2:09am
Trading the Asian session - Live - cont:


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Volume really coming pushing our scalp to target..Will see...all moving nicely at this point

TSD
  • #6,197
  • Aug 17, 2015 2:15am Aug 17, 2015 2:15am
Trading the Asian session - Live - cont:

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1M Support to hold???

TSD
  • #6,198
  • Aug 17, 2015 2:23am Aug 17, 2015 2:23am
Trading the Asian session - Live - cont:

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Secondary Support holding.

TSD
  • #6,199
  • Aug 17, 2015 2:25am Aug 17, 2015 2:25am
Trading the Asian session - Live - cont:

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Scalp now performing well.. Secondary Support held// Will see?

TSD
  • #6,200
  • Aug 17, 2015 2:39am Aug 17, 2015 2:39am
Trading the Asian session - Live - cont:

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Close both trade as I forgot about Oanda's FIFO rule.. First In First Out

So we picked in total 22 pips

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Its past mid night where I am at.. so we are calling it a day..

Good trading to all

TSD
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