- Search Metals Mine
- dr mongolia replied Oct 25, 2010
Awesome entry, I completely missed that one
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 24, 2010
Still haven't entered, never got a close below the 10EMA. However now its set a new high on the 15M AND broken out above Wednesday/Thursdays highs last week. I'm not really sure what's going on with this one so I'll probably sit on the sidelines ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 24, 2010
I just saw 0.9853 on my feed so I'll be taking the short after we close back under the 15M 10EMA which is also the gap up spot. We also have a nice pin on the 1H.
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 24, 2010
EUR/CHF, Daily chart first 4H second. It broke out of a pretty serious resistance area on Friday which was also the location of a daily trendline, and the 61.8% fib retracement level from the previous swing on the daily (I didn't plot the fib on the ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 24, 2010
Just a couple weekend observations.. The first chart is the AUD/USD weekly, second chart is the 4H. It wasn't able to close above parity the last two weeks, and then this week we got a hangman off a PPA area. Ever since it broke out of the upward ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 23, 2010
You can definitely trade price action on the higher time frame charts like the 4 hour and the daily. EO, Infinity, Ken, etc use the higher time frame charts to find important confluence zones (based on channels, trend lines, fib levels, S/R, pivots, ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 22, 2010
Just my thoguhts on this: I think "a self-fulfilling prophecy" accurately describes it. I know that a lot of instutitional traders are required to keep the 200MA on their charts for each timeframe they trade. So at the very least, you've got a whole ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 22, 2010
Potential short setup on AUD/USD forming; We had a pin on the 15M at PPA. It's also right around an HTF trendline (downtrend) and if price stalls right here it'll have formed a lower high. I'm waiting for a close back across the 15M 10EMA to enter.
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 22, 2010
I can vouch for Dukascopy, they are rock solid with the lowest spreads/commissions I've seen anywhere. However as far as I know they still don't have their MT4 platform ready. One is called "JForex" and personally I like it better then MT4 for ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 21, 2010
I have fallen in love with the 10EMA.. when price starts moving the 15M 10EMA and the 1H 10EMA are both incredibly useful, especially when combined with swings as previously discussed.
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 21, 2010
Thanks again for all the charts and help Ken. I've finally had a couple aha moments this week, and my returns today were finally right where I want them to be (but only for 1 day so far
). I'm sure I've still got a long way to go before I'm ...Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 21, 2010
I've been an avid follower of Ken's thread and I've been reading this thread from the beginning page by page. Still got a ways to go, only in the 950s right now, so I didn't even realize people were still posting on the thread. I was right there ...
Trade what you see NOT what you expect
- dr mongolia replied Oct 20, 2010
Okay, here's the post I was looking for just now, it's Ken talking about how the fastest way to progress is getting rid of what doesn't work: http://www.forexfactory.com/showpost.php?p=2753300&postcount=13168 Very true. I know that there are certain ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 20, 2010
Reversed this one a while ago along with a couple of other pairs (E/U, E/J).. taken half off, covered, letting the rest run after a failure to make a higher high (on A/C that is, got a pin followed by a close below the 10EMA on the others.. and all ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 20, 2010
Here's another one from last night, basically the same trade except that I was using the daily MAs instead of the 4H MAs (like I tried to do with GU last night but failed due to jumping). Entry is the green arrow on close past the 15M 10EMA. I'm ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 20, 2010
Here's one of the trades from yesterday: I've got two charts attached -- the 4H first and the 15M second. My entry was at the green area on the 15M, where the candle closed over the 10EMA. I just closed this one out after the double tops on the 1H ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 20, 2010
I wanted to post a quick note about this in case it helps anyone as this has been about the only thing that I've been doing really well lately. After a long downward move I'll look for price to hit a confluence zone like a weekly pivot combined with ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 20, 2010
Thanks Ken, that really hit home with me because I think that may be what my real problem is here. I'm getting frustrating not getting the returns that I see others getting so I try and trade like they do, and to noone's surprise it doesn't work ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 19, 2010
Bailed after a loss; the GMT daily candle just opened on the other side of the trendline and the MA's but I'm no good on the continuation trades so I'm sitting on the sidelines
Ken's Continuing Successes with EO's system
- dr mongolia replied Oct 19, 2010
Definitely -- you could be 100 pips up in a day and still lose money, or even down 100 pips in a day and still make money.

Ken's Continuing Successes with EO's system