But who wants a 40 pip stop?

B.S. Trading with Kenneth Lee

chart

B.S. Trading with Kenneth Lee

yep been scalping oz as I wait ... It has been behaving a bit better

B.S. Trading with Kenneth Lee

this is what I do while waiting think of possibilities and then be ready to jump

B.S. Trading with Kenneth Lee

the flip would be a very noticeable lower low then look for a lower high short entry. Like to see a 30 pip or better downward move , below all this sideways movement then back up. actually a strong test of 1.2500 , then let it bounce a bit fading ...

B.S. Trading with Kenneth Lee

yes hate this massive moves for no good reason . still waiting for euro to fall again. It may disappoint this time but we will wait and see and try to catch the flip but probably wait for it on the 30 min chart.

B.S. Trading with Kenneth Lee

Price may come back and retest this newly formed supply level and is clear on a 30 min chart . and because it now has dropped further and been away longer it would be a better short . But if you are a scalper like me only trying to get a 100 pips a ...

B.S. Trading with Kenneth Lee

It hasn't been used up until it crosses your stop past the level a bit. I f your level is drawn off the daily then it won't be on the 30 min . the first entry on a 30 min would be after it turns or flips then a retest of a new supply level formed . ...

B.S. Trading with Kenneth Lee

I primarily enter manually and watch price Action in real time on my 30 min chart, with as much time as I have into trading I can see what is unfolding by just the price moving up and down . I really never look at a faster charts as it has to much ...

B.S. Trading with Kenneth Lee

Just The way i tend to look at things. but we all have to SEE the way we can.

B.S. Trading with Kenneth Lee

chart , Damn typing stinks today ..

B.S. Trading with Kenneth Lee

Yep, Right where I drew that white box. Is my take on it but of course you have to live with your choices.

B.S. Trading with Kenneth Lee

chart a

B.S. Trading with Kenneth Lee

chart

B.S. Trading with Kenneth Lee

yep and entry should be a bit deeper so any Po's may still be good. Not that i use them .. I just have to wait and see if me and price can get together when I have time to be here . Off for a nap before work right now . Trade safe ken

B.S. Trading with Kenneth Lee

more charts

B.S. Trading with Kenneth Lee

How many people or systems do you know that would enter off a pin (shooting Star) on a 15 min chart ?? That it is right against a supply level makes that confluence very good

B.S. Trading with Kenneth Lee

if you want to see the P.A that was really at the 1.0470 level look at a 15 min chart ..

B.S. Trading with Kenneth Lee

trade ..

B.S. Trading with Kenneth Lee

more, But i never ever looked at the 5 min chart .. honestly but trying to show you guys the P A

B.S. Trading with Kenneth Lee