Smaller Timeframes — Must confess, I've stuck mainly to the 15m and larger timeframes. Thought 5min may be a bit too choppy but your results show the system seems to work on all timeframes. Will look into this to probably time entries. Thanks ...

M&W-Trading

Nice trade torbarxa. Did u ride it to the top?

M&W-Trading

Adjustment — The main adjustment I've made to deal with the last couple of weeks has been my daily bias. Normally I look at where we are in the weekly cycle e.g whether we are in a 3-moves up phase, 3-moves down phase or accumulation for the ...

M&W-Trading

Yeah, I went in the chatroom a few times but very quiet there. At most 5 or 6 guys in the room and hardly any chat - just guys logged on (if I have the right chatroom - #MW on mibbit)

M&W-Trading

That was the week that was — Final trade of the week: GU short (yesterday 14/03). Again pretty standard: 3 moves up, 'M' formation 5/13 cross, TDI cross of boundary plus double cross of signal line. Got out on the drop nearly 2 hours later. ...

M&W-Trading

All dressed up ... and going nowhere — Only the one trade today which generated a massive ... 1 pip. Why? well, I sold the AU at 1.0529. Two and a half hours later it had gone exactly nowhere. The common rules state in general that if no ...

M&W-Trading

Todays Trades 12/03/12 — Star trade: GBPUSD Entered at 1.5672 Move up (not necessarily 3 moves up) M formation 5,13 and 50 EMA cross TDI divergence Exit at 1.5626 Thought it might move down for another leg but didn't have the patience to hang ...

M&W-Trading

Excellent trade. When you added your second order did you make the SL the same as the first order?

M&W-Trading

Excellent thread and hoping to join you in the chatroom

M&W-Trading

... off my hands now — I did find a setup that qualified. Two things: 1. A little late in the day which means alot of volume has dried up so the move probably hasn't been what it could have been 2. There were almost certainly other moves I ...

B.S. Trading with Kenneth Lee

Sitting on Your Hands ... — Total winners today = 0; Total Losers today = 0; Total trades taken today =0; Why? Because far fom being a stagnant market it has been a runaway to the downside on the USD pairs but I don't yet have an entry signal. ...

B.S. Trading with Kenneth Lee

Hey Carlos. You're probably like me, that is, tired of threads where those on them were more interested in mud-slinging than trading. How refreshing therefore to find a thread with traders genuinely interested in learning the process and guided by a ...

B.S. Trading with Kenneth Lee

Actually that's an excellent explanation. Fully see your reasoning and looks like the trade is working out fine. Nice trading mate :-)

B.S. Trading with Kenneth Lee

Market Conditions - Historical — Hey Ken (and all) Is it me or does the market appear to be pretty volatile of late. Looking at the charts the wicks seem to be pretty long for both Bulls and Bears. Accumulation and Distribution phases seem to ...

B.S. Trading with Kenneth Lee

Heya Shermenator. Was trying to see what you have used as your Supply area. I see where you went short but can't see what levels you've used. Cheers Hutch

B.S. Trading with Kenneth Lee

Good entry. Did u ride it all the way up?

B.S. Trading with Kenneth Lee

Anyone manage to get some of these near vertical moves on the EUR and GBP pairs? I scalped a couple of bounces which were short lived. Still, managed a moderate profit on each. The beauty of this strategy is that with a bit of discipline and money ...

B.S. Trading with Kenneth Lee

Inspiring stuff Ken.

B.S. Trading with Kenneth Lee

Non Farm Payroll — Very good number on NFP, 150K expected, 243K actual. Got a quick 20 pip scalp of AU, although EU might have been the better trade. Wonderful how even in volatile news times price action very often respects S/D zones

B.S. Trading with Kenneth Lee

AU - Update — Looking at the chart, I chose to close the trade at the outer BB for 48 pips. Subsequently bounced at the BB but may continue down. Still, happy with a 50 pip trade.

B.S. Trading with Kenneth Lee