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B.S. Trading with Kenneth Lee

The last post is what forms pins. and when we get a pin after a entry are the ones we need to consider holding . if with the overall trend .

B.S. Trading with Kenneth Lee

[11:24:04 AM] Kenneth Lee: yep . gets near level look for slowing and then lower highs in actual pa. [11:24:35 AM] Kenneth Lee: like a pressure gauge . it will make higher spikes if increasing and lower highs if running low on oil One of my favorite ...

B.S. Trading with Kenneth Lee

1.0440 and 1.0470 are in my sites. but i always look at PA before entering and would combine 440 with 450 470 is a swap and a 1/2 way retrace on last swing .

B.S. Trading with Kenneth Lee

yes liking the lower moves end of last week should provide some good entry levels this week and who knows might actually hold one.

B.S. Trading with Kenneth Lee

sorry just re-read my first post I trade 2 dollar for every 1000. sorry.

B.S. Trading with Kenneth Lee

I forgot a main point, These days alot of the moves against us are driven by news , Being technical type traders we can only protect ourselves from such things. I have held some bad moves but only because with experience and learning a small bit ...

B.S. Trading with Kenneth Lee

Just some random comments. I know we all would like to find a absolute trading system that allows no losses and perfect entries. It doesn't exist. So the best we can do is find something that can give us better than 50% good entries then manage ...

B.S. Trading with Kenneth Lee

Yes, WE enjoy things most can only dream off, yet we are also the quickest to complain about nonsense. Glad your daughter is home with you for a while, enjoy your time together .. Hope your work and trading are going well.. Cheers ken

Rufus

It could be nothing but a difference in time frames on charts. a pin on a 4 hr chart will have 8 30 min candles within it. so plenty of time for a level to form . In sam's videos regarding intra-day trading he states he looks for levels on 30 min ...

B.S. Trading with Kenneth Lee

quote for the day; Everyone should think this way as they practice and build their accounts up. What if everything that's happened so far, was just practice for when things get really, really good? Really, really soon - The Universe

B.S. Trading with Kenneth Lee

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B.S. Trading with Kenneth Lee

close in levels work in low volume times of day.

B.S. Trading with Kenneth Lee

Every broker has their own way of dealing with auto click traders automated entry systems during news i prefer the widening of spreads verses slipping or re quoting orders . at least with Oanda u can get out or in when you want to.

B.S. Trading with Kenneth Lee

closed a quick scalp on oz and a/j closed because I entered wrong . In was putting my new desk chair together and noticed the 30 min supply off last nights move but didn't see the news release coming out so was underwater a bit closed with 20 made ...

B.S. Trading with Kenneth Lee

chart

B.S. Trading with Kenneth Lee

Darn it didn't wait on me .. maybe a retest

B.S. Trading with Kenneth Lee

Back in the day all the guys got was the open. close high and low data . and had to draw their on charts or trade from the price imagine that if you will.

B.S. Trading with Kenneth Lee

It wasn't aimed at you , just a general thought. i tend to ramble at times ..

B.S. Trading with Kenneth Lee

over time you learn to combine candles on your preferred time frame chart and have a good idea what the chart would look like on a longer one. Like I know the 2- 30 min candles formed that pin on the 1 hr. and my vertical lines on the 30 min are 4 ...

B.S. Trading with Kenneth Lee