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- dr mongolia replied Nov 12, 2010
We got a nice hangman on the 1H after GU tried to get above the weekly open and failed.. Waiting for a 15M candle to enter..
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 12, 2010
It's about to form a big pin on the 4H close, right at the 1H 50/62.. I think I'm going to close my position out here and reenter after the retrace
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 12, 2010
Wow we got a lot of potential reversals all cooking at once.. I got in/covered on E/J and A/U but missed G/J and G/U, i don't see an entry on those yet.. So I wait..


Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 12, 2010
Yeah I took a short there due to that red candle that engulfed the previous 4.. waited for the 10EMA bounce and the retrace to the 5. Here comes the 1H 50/62 though, could send it back upward
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
I'm off to bed as well, good night
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
EST over there right? I'm an hour behind and I'm exhausted, you've got to be falling asleep at the desk! I think I'm done for the day, I've got a couple small positions that I'm leaving open/covered. Tomorrow will be interesting, Friday's are always ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
I got the 50/50 retrace so I feel vindicated
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Hey, yeah I'm over in the US so it's a normal time for me; I think Reaper is a US trader as well. Thanks and goodnight, we'll see you tomorrow
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Yeah we've actually gotten some pretty good movement during this session so I really can't complain. I just hate to miss something that's staring me in the face during Asia because the "bus seats" are usually more limited than the other session ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Awesome EU trade, I just pulled open a chart to check it out; I'm guessing the entry was the hangman off the 35/50MA area? Very nice confluence zone there
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
I have had a profitable but very frustrating Asian session so far; I got a couple E/J shorts and the G/U short off the hangman but I completely, utterly, unexplainably (probably not a word?) missed the A/U short off of parity for the re-test and who ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Yeah the 1H definitely nailed that level better than the 15M did. The main difference from what I can see is that the 1H included that original test of the Asian low as part of the level, whereas on the 15M it just looks like random noise. ...Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Yeah that is extremely interesting; I'm surprised at how different the 15M and the 1H look. My 1H looks the same as yours and my 15M is attached. It's looking like that last candle is going to close in the 20's, I'm out for -9ish if that happens.
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Yeah I'm terrible at picking an exact point so I'm seeing the "demark" as the 1.611's, mainly 1.6113 (open) to 1.6118 (had it as daily S/R). It looks like it's not able to close above that area but we're also not getting a bounce after several tries ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Sorry meant to respond to this part too -- I didn't consider the GMT 9:30-10:00 candles as the ping pong area because I saw that as a test of the Asian low / daily open area before price went back up a little bit and started ranging.. It looks like ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Not after we've broken out of a range and closed on the other side of a key area.. At that point I'm looking at the 4H/Daily; Right now price keeps trying to get past the daily open price but keeps getting rejected. I'm trying to wait this out but ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
I took the scalp off the 1H/4H 50 up to 1.6110 now I'm reversed back short off the 10EMA (lot of confluence in this area).. I'm incredibly hungry and waiting to cover before I go get lunch, LOL. But if I can get covered here, I like the look of the ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
Nevermind.. there goes GU.. if it gets down to 1.608X then I'm going to sell when it retests 1.611ish
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
So slow.. I took A/U off the 21ema touch after we set the new weekly low. I guess that's my last trade until Asia, this US afternoon will probably crawl.
Ken's Continuing Successes with EO's system
- dr mongolia replied Nov 11, 2010
I'm not FT yet, I own a small business. I'm hoping to gain enough consistency by next summer so that I can sell it and go full time. That will be a great day for me. No more employees, clients, and audits. June 1st is my target date, so that gives ...
Ken's Continuing Successes with EO's system