Yeah I took two losses on AUD pairs today. I got the top of EUR/AUD off the daily earlier so I was hoping it'd be a big day, but got brought back down to earth by AUD/JPY and AUD/USD I've got those losing charts saved, I'm going to look ...

Ken's Continuing Successes with EO's system

Yeah, I'm paranoid on that one though due to this 4H trendline. But everytime it comes up to the 35/50 on the 15M lately I've been taking a short.

Ken's Continuing Successes with EO's system

Yeah there's a lot of resistance above the current area so it looks good. I ended up going short on AUD/JPY instead for now, and I think I'll short AUD/USD as well once it closes below the 10EMA on the 15M.

Ken's Continuing Successes with EO's system

Ouch! So much for that trade. It's nearing a 4H and daily trend line but I'd want a lot of confirmation to reenter.

Ken's Continuing Successes with EO's system

If anyone is currently trading you might want to take a peek at AUD/USD. The 1H has just opened 10 minutes ago but it's showing strong rejection off a trendline after a big run up, and it's also showing rejection off the 50/62MAs. The current 15M ...

Ken's Continuing Successes with EO's system

I've found this to be very true. I've actually been having more success the less I read about trading. It makes sense -- when you're reading about forex you can't be trading forex! You can also get information overload from reading too much without ...

Ken's Continuing Successes with EO's system

I took this EUR/AUD short off of the rejection of a daily S/R and trendline. Also got the 1H shown here. My stop is right above the wick but I'm planning on holding on to this one for a few days, that daily channel is huge.

Ken's Continuing Successes with EO's system

You can find all the MAs and basic info from the PDFs/links on the first page of the thread. Several different MAs on different time frames are used so you'll want to look it over carefully.

Ken's Continuing Successes with EO's system

CHF/JPY has been giving some nice scalps lately in the Asian session. I got this one, retest of a 1H trendline which was also the close on Sept 29th's GMT daily chart. Also, the bottom just fell out of the AUD .. I hope someone got a piece of ...

Ken's Continuing Successes with EO's system

I got A and B last night for about 10 pips each. But then I completely missed C and D! In retrospect I think D is obvious with all that PPA, but I don't know that I could ever convince myself to take C. I think the easiest way to take both ...

Ken's Continuing Successes with EO's system

Have you considered using EO's gauntlet concept? Since your W/L ratio is so high you could probably use it to build up an account quickly in a few months.. Plus, if you "reset" the gauntlet at the end of every month it would be relatively safe -- ...

Ken's Continuing Successes with EO's system

Ken, Speaking of fibs/retracement trades, I've been going back through EO's thread and reading it page by page. I noticed on one post you talked about what you and Pippinole called the "50/50 trade", where you wait for the 50MA and the 50% fib to ...

Ken's Continuing Successes with EO's system

Thanks Ken. Making a point of checking the higher time frame charts and searching for PPA has really started to pay off for me. Of course I've still got a very, very long way to go but it's nice to finally see some improvement in consistency.

Ken's Continuing Successes with EO's system

Got this one off CAD/JPY just now. PA on the 15M led the way with a nice rejection off of a previously drawn S/R (first chart), plus a perfect PPA rejection off of a large pinbar/hammer from earlier in the week (third chart). The hourly also closed ...

Ken's Continuing Successes with EO's system

I ended up getting about +30 on this one which was nice but I was expecting more. It keeps returning to test the parity level so I'll probably be playing quick bounces/scalps off of it for 10-20 pips each

Ken's Continuing Successes with EO's system

You guys might want to also check out "Forex Tester 2". It's another simulator, but has a lot more features than the vhands one. The downside is that it's not a free product (I think it was $100-150). I bought it a while ago and I used to use it ...

Ken's Continuing Successes with EO's system

Just got this one.. first chart is the 1H, second is 4H on AUD/CAD. Took it short after the 4H started showing a shooting star in progress with the 1H already showing a completed DBHLC. This happened 10 pips shy of parity, on the top of the upper ...

Ken's Continuing Successes with EO's system

Thanks again guys. More and more I am realizing how uncomfortable I am with drawdown, and how it is probably effecting my trading for the worse. I am leaning towards using tight stops of 10-15 pips instead of 20-25+. After 10-12 pips or so on a 15M ...

Ken's Continuing Successes with EO's system

I pretty much sat out today because I didn't see movement that I liked.. but I did get a few scalps off the AUD pairs, which have been swinging nice lately. Here's one on the AUD/CAD 15M. The blue lines are a channel drawn from the 15M, the yellow ...

Ken's Continuing Successes with EO's system

Do you mind me asking what your money management is like on these trades? Do you use tight stops and plan ahead on the unit/lot sizing to reenter 2-3 times per trade?

Ken's Continuing Successes with EO's system