EJ is having trouble at the Weekly R2. It also bounced right off of the Weekly 35. Maybe a short opportunity, but still risky right now

Ken's Continuing Successes with EO's system

LOL. I'm not even trying to make any sense of this. Just been watching. It looks like the non dollar pairs are a lot calmer then the rest, I might look for an E/J or G/J trade..

Ken's Continuing Successes with EO's system

I got out as well, everything is probably stalling to see what happens

Ken's Continuing Successes with EO's system

If we can just get a 15M close below 114 we should be good.. and if the 1H in about 35 minutes closes below 113.90 I think we'll have a great trade

Ken's Continuing Successes with EO's system

I got stopped out on this one; Usually these at least give enough room to cover and take some profit. If the 4H closes like it is now on we'll get a pretty massive DBHLC.

Ken's Continuing Successes with EO's system

I took a short off the 1H hangman on E/J; it will be interesting to see how much this one plays out because it's been a bullish day, but price really started to struggle once it got above 114

Ken's Continuing Successes with EO's system

I haven't been posting any charts lately and that's a bad habit to get into for me, posting charts makes me think more about my trades I just took the 50/50 retracement trade on GU; it was retracing pretty hard but it did bounce right off the 50

Ken's Continuing Successes with EO's system

Just a quick comment on this because it reminded me of a good story that I read a while ago in Mark McCormack's first book (McCormack was the guy who basically became the first sports agent and invented the sports management industry): I remember ...

Ken's Continuing Successes with EO's system

LOL, no need for that, I am incredibly indebted to this entire thread so a thanks is never necessary for me, just wasn't sure if you saw the post Yeah that's the way I see it as well -- I would much rather set my stops tighter and reenter if ...

Ken's Continuing Successes with EO's system

I also forgot to add -- I think his massive pip totals are really a result of taking profit along the way. I'm pretty sure the pip totals that get quoted in that thread are the maximum amount of pips made on the trade, not the average gain of all ...

Ken's Continuing Successes with EO's system

On those quick countertrend scalps his stop is always much tighter then the +25 number from what I have seen. I'm not sure if you saw my post from yesterday on it, but often times on those he will close out if it goes more then a few pips against ...

Ken's Continuing Successes with EO's system

Yeah I know what you mean, because a hanging man in the wrong place can be a definite bullish signal. I've learned that first hand I waited until G/U retracted to 1.6040 to enter, got the touch of the 50SMA on the 15M which was also the 61.8% ...

Ken's Continuing Successes with EO's system

Oh wow. Somehow I missed that 15M hangman setup on GU, right off of yesterday's US high because I was busy watching AU . I hope someone got a piece of that

Ken's Continuing Successes with EO's system

Very interesting Ken. It looks like anyone could have a reasonable chance of getting from step 1 to 10 in under 2 months (and that's being quite conservative). After I get a little more comfortable with the system, and gain a little more ...

Ken's Continuing Successes with EO's system

I just finished reading today's discussion on stops and touches and I had a couple things to add that may help: As Ken said, EO originally came from a longer-term trading strategy. Unless he's scalping, he's always looking at "areas" first and ...

Ken's Continuing Successes with EO's system

Hey I'm not Ken but I've seen him answer this question before so I figure I'll help save him some time -- when you hear him talk about 5 o'clock trades he is referring to the angle of the 5 and 10 EMA's on the chart. Check the PDF (on the first ...

Ken's Continuing Successes with EO's system

Took a nap between 8am and 9am local time -- I was tired and we had all the CPI, personal spending, ISM manufacturing news, etc coming out so I saw it as a time of confluence! Catching up with the thread, I see we've had some awesome ...

Ken's Continuing Successes with EO's system

Still in this one although I took half off already. Here's my 15M on it, it shows what I was talking about with the failure to close above Friday's Asian high. Entry was at the red arrow. EDIT: Fixed chart, I had the entry marked wrong EDIT2: LOL, ...

Ken's Continuing Successes with EO's system

I'm not sure what happened there, I hope someone was lucky enough to be in a long and get a piece of that one. It is interesting though that on the 15M price spiked above 113 and then not only closed below 113 but also has not gotten back above ...

Ken's Continuing Successes with EO's system

I've still got half a position running on EJ but I might close it out early as it seems volume has pretty much evaporated.. I got closed out at BE on half my A/U position but thankfully I took half off at +20 on that one. I almost took a G/U ...

Ken's Continuing Successes with EO's system