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- dr mongolia replied Mar 25, 2011
Awesome trade, looks like you had the 35/50 right there too. I really like it when the 50 lines up on top of price in a good area and we get a green candle charging it, a reverse on the next candle usually works out very well. I am a long way from ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 25, 2011
Here was my trade for the day, A/U 15M. Entry was off the 50EMA (bolded darker green line, the thinner light green is the 50SMA). In addition to the 50EMA I was looking at the session action (price started trending during Asia, stops during London ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 24, 2011
And now.. for the WORST trade of the day. I don't intraday trade the London/Asia overlap anymore on most days so I've been working on POs. Here's my 4H E/J chart, note the dotted red line and guess where my PO was

Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 24, 2011
Awesome trade man! I joined you on that ride, reversed from the top (consolidation at the US open off the 200sma)
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 23, 2011
Awesome trading man! Yeah the HTFs don't always give us entries-- on days like today where price is ranging around, it's good to have some 15M tricks up your sleeve. I took this scalp earlier based on the 15M PA circled in white, then used my 4H to ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 22, 2011
LOL! Great trading Captain, and massive style points as well!
Trade what you see NOT what you expect
- dr mongolia replied Mar 21, 2011
Yeah when the last 1H candle of the day sets a new high or a new low, more often then not that level is going to be pretty strong. If you can't look at a chart and figure out why it finished at that level then it's probably one of the setups to pass ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 21, 2011
Here's another trading idea that I've been using lately. When I see the last 1H candle of the day make a new high or a new low for the day, I look to enter in the opposite direction right around the open of the next candle. Obviously timing is ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 21, 2011
Here's my entry on that A/U trading idea, 4H chart attached, zoomed out to show the full 4H chart. On my charting software and I'm sure most others it gives you the option of applying daily TL's to the lower TF charts like 4H/1H, but I prefer to ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 20, 2011
Just a thought on A/U, daily chart attached. On these I like to find 15M supporting PA and cover at +10. That way you can keep reentering and not get frustrated if PA ranges around on you, at least you get to pick up some small pips if it doesn't ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 20, 2011
I also like to consider where would I TP if I was a 1H, 4H, or even daily trader-- usually you would wait for either a key level or for PA to show strong movement against you, like a momentum candle. Then you'd close your position, because you don't ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 20, 2011
Hey Ken, awesome chart! I love the way it has the 1H PA side by side with the 15M PA. Another great thing about the #1 DBHLC/Engulfing setup was that the bear candle had broken out of consolidation to the short side, and then we get the strong bull ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 16, 2011
Hey, here's an entry from earlier, 15M U/CAD, it's a retest entry from the same trade I took yesterday. It hasn't completed yet but it's looking decent so far. I like retests when the prior PA was strong and we had a lot of sellers (or buyers, in ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 15, 2011
SL went a few pips above the last green candle before the pin, if it goes any higher then that I want to reenter up the wick. Too big for me to put the SL above the top but if you use bigger stops that would be the best place for it.
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 15, 2011
Hey guys just checking the thread. Here's a chart to think about, U/CAD 15M. If you put some session lines on your charts you'll notice that it's rare for price to trend strongly in the same direction for 3 sessions in a row, and when it does you ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 8, 2011
Hey guys just popping in to check the thread. Here's a 4H chart for an easy A/U trade -- it's almost identical to the one I posted last week. I got a question about the one last week because I didn't explain it very well so here's a more thorough ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Mar 4, 2011
Hey guys, popping in to check the thread. I've been focusing more and more on the charts lately so I haven't had as much time as I still have business obligations as well. Here's a quick scalp from earlier; this is a 4H chart of A/U. The ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Feb 22, 2011
Yeah my long hit BE, didn't take any profit on it -- the PA a few candles ago tipped us off pretty well to an upcoming short opportunity, we had those 2 wicks right below the 50, then a flattop that closed across the 50 but at the same price as the ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Feb 22, 2011
Hey guys, great charts! Here's a long I just took a few minutes ago on A/U. The 15M chart is first, it shows the entry at 1.0009 which was the Asian low (dashed pink line) that price couldn't hold below. The 4H chart shows the reason I am willing to ...
Ken's Continuing Successes with EO's system
- dr mongolia replied Feb 6, 2011
I think if someone is very disciplined in their approach then they can become profitable very, very quickly by focusing on 1 specific setup at a time until they have learned to see the market through the lens of that setup. You won't instantly hit ...
Ken's Continuing Successes with EO's system