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Kenneth Lee replied Oct 8, 2012This chart was not clear you had contradicting info. there are many trades to take. In the beginning look for only those that are crystal clear , when you start hitting those solid then branch out and try some of the more abstract trades.
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Kenneth Lee replied Oct 2, 2012I know some will send me back into the closest saying that is a downtrend . But until it makes a higher high off one of the previous swings it is. If it makes that higher high , then start managing it as a home run.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Oct 2, 2012Nice ,, Just beware definitely a down trend on this 4 hr chart and daily is in consolidation right now lower hi and higher low , That being said I rarely pass on a 4 hr level they always deliver something . then again my goals are modest , PIP wise ...
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Kenneth Lee replied Sep 28, 2012I like 4 hr levels rarely will i pass on taking one. the previous 4 hr had two touches.making this fresh. And anytime price has turned down even for a bit before a new level. It is almost quarnteed to allow you to at least make something.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 28, 2012Just got home from work and see my short oz , tp'd for 61 pips had a bit of draw down on it , But the last stretch last night, this am. touched a fresh 4 hr supply so I tightened my stop and hung on . There was a bit of news last night that pushed ...
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Kenneth Lee replied Sep 27, 2012url need to pay attention if your serious about this stuf. it is real money by the way ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 27, 2012C-12 chart shows it clearly. I just coined the term SWAP to stay in tune with Supply and Demand trading . In his chart it has swapped from a buy to a sell level , Or demand to supply. Everyone else would say support becomes resistance. But we are ...
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Kenneth Lee replied Sep 27, 2012I might have set the PO's on it last night , But for the fact a clear tp area wasn't really there .
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 27, 2012You can see in the above chart the yellow arrow for the short is sitting on a big number oo and a swap line. why I choose that spot.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 27, 2012chart showinng the e/u trade and a set of points I placed on chart before bed to see if they would have worked , Knew euro didn't look longish , But see Oz still is, still the oz long .
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Kenneth Lee replied Sep 26, 2012Yes a lot of folks swear by that deep retracement level. Just closed a oz and e/u long , left a bit on oz to add to . not sure it is headed back up but possibility. so will look for a long spot to add to later . OZ looked like a long with more ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 26, 2012yes with all the unrest over there anything is a bit of a punt . i am in long but who knows .. More a trade off the bottom than an s/d entry
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 26, 2012chart Remembered you just copied it to here.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 26, 2012yep, know what you mean . I had a spell scalping where I thought there wasn't anything bigger than a 7 pip trade. Seemed Like that was all i would take. but took 20 or 30 trades a day with very few losers. But you get into habits snatching and ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Sep 26, 2012Was just talking with someone about this very thing. It is very important to always have the mind set of , What trade would i be looking at if I wasn't even in a trade. So then if your in a CT trade you look for the TP spot which is also a Trend ...
B.S. Trading with Kenneth Lee