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- dr mongolia replied Oct 27, 2010
Got in after the 15M hammer and covered.. If it gets above the 1H 10MA should be good for a runner..
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 27, 2010
We might get a big double bottom here on the AUD/USD.. It's testing last weeks low right now, right off the daily 35MA
.. It it breaks then the hangman on the weekly is in play, so either way I think we've got a huge move coming upKen's Continuing Successes with EO's system
- dr mongolia replied Oct 27, 2010
Oh but you missed the key phrase.. "I read the PDFs before I started reading the entire thread"
I've got atleast another week until I'll finish but probably longer since I tend to skip a day here or there. I settled into a routine of reading ...Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 27, 2010
They definitely still work, but I've found that they are a lot more complicated than the PDF at the beginning of the EO thread lets on. And I don't mean to bash the PDF at all.. I think it was just meant as a set of notes for those who had already ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
Just got an E/J scalp as well.. I can't find any big setups this Asian session but for once I've just let it go and started grabbing the smaller moves that have some nice confluence to them. I see potential for a couple big moves -- E/J is wound up ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
Quick GU scalp for 30; 4H chart shows the obvious line where buyers are hanging out, 15M shows the exact entry
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
I got a lucky 35/50 reverse on AUD/USD a few minutes ago. I'm not sure what happened, maybe news but I couldn't find anything relevant. Here's the 15M chart, entry was at the opening of the candle with the red arrow above it. I was just expecting ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
Hey Darren, welcome to the thread, and don't worry about asking obvious questions -- I do that on a daily basis and they haven't kicked me out yet! When I started following Ken's posts I was a bollinger band trader as well. I still keep them on my ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
Count me in again
Looks like we're going to get a retest of today's open/low?
Could even get a breakout below the low, price has tested that 35/50 area on the daily a few times nowKen's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
Well it looks like everything is pretty much stalling now. The calendar shows a lot of important speakers lined up this afternoon but I don't know enough about fundamentals to know if this is the market waiting on them. I'm looking at closing my ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
The daily and the 4H with a wide stop (35 pips, so I reduce risk to 1% = 35pip). But as I said if price breaks that S/R I'm out.. Right now it is clearly respecting that S/R but it won't bounce off of it, without a close above the 15M 10EMA soon I ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
I just closed and reversed on this short that me and kodrizo took yesterday on the AUD/USD. I've got the H4 attached first and then the M15. I think it was a pretty easy trade to take short but I'm working on getting better at reversing when the ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 26, 2010
I'm long on the 35/50 reverse, took it once it hit 112.71 (prior PA). I don't like all these wicks on the M15 that I'm getting so I may bail if the hourly closes below 112.65ish, I'll have to take another look. I mainly took the trade because of all ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
I missed that blindingly obvious short from 113.00 earlier because I was thinking it was too far from the 50/62, when it was in fact a perfect 61.8% retracement plus solid S/R (can even see it on the daily, especially as Friday's open). ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
I've had a pretty slow Asian session.. I got a couple of longs running and covered though, AUD/CAD and EUR/JPY. Both were simple trades from big support bounces. I think I'm headed to get some sleep
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
I think as you said we'll get the chance for a nice long after we get a higher low as confirmation Edit: Especially if the shelf now holds as support.. we might get a bounce off the shelf plus 10EMA
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
Ken, quick question about this trade-- I was stuck thinking "long" on E/J because of the bounces off the previous daily low and the close proximity to the daily 35/50MA. In a situation like this you'll take the short scalps until the shelf gets ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
We're in this one together; I took it after it showed rejection off of last week's high and then closed below the 15M 10EMA. I think we'll see quite a few pips on this one, unless it decides to turn upwards and retest parity again.
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 25, 2010
There might be another entry opportunity coming up in an hour or so; After it formed a higher high it looks like it's coming down to retest the opening price of the day (on the GMT anyway, I don't look at the others) which will also be within 10-20 ...
Ken's Continuing Successes with EO's system