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Kenneth Lee replied May 15, 2009Well what now ??? E/J is at questionable area. We have a trendline on the 4hr. the 61.8% fib and a Support area from around the 22nd last month.. so ????? Move and let us know what your going to do.... Gbp is in the middle of the daily range .. ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 15, 2009I always use my fibs they are a bit more confirmation. Everything that agrees helps.

Trade what you see NOT what you expect
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Kenneth Lee replied May 15, 2009Way to go

Good eyes...:nerd:I think I have lazy eye sydrome 
Trade what you see NOT what you expect
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Kenneth Lee replied May 15, 2009No Unfortunatelly I just got here..


Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009You all have a good evening .. Take care... Ken
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Maybe everyone in Japan called in sick... If it doesn't do something soon I might just have to get a little extra sleep. There was a long off the 21 on the e/j I didn't take it I did get a little short off that 1 hr. very little though..
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009We have a bit of news tomorrow maybe that will lead the way.
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009E/J looking short off the 1hr pin and 61.8 fib I don't feel it will go far though.. seems really strong for up. But we will see and just follow along plus it is on the upside of all the ma's
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Hello Davids.. Glad to see your making some pips... That is what this is all about Pipage. Although I tried to pay my slip rental with pips and they wouldn't take them..

Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009[quote=EzRidr62;2735110] Normally I would add on to a entry if the price moved away but didn't break the trigger candle. Which I believe is what your saying.. But the other adding on is more for the long ride in the trade. That is done Normally at ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009That is simplified explanation. There is much to consider when adding on and taking profit. But it is done where it make sense to do so. Sometimes people add to there positions to bring there break even closer. Like EO was saying they average your ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009The idea behind adding to a trade is to do so at levels or areas , that make sense. We know that price moves making what we calll SWing highs and Swing lows. Say we are in this trade EO is right now we came up to1.5240 if you look you will see a ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Here's a Video I found the link too in Mike w's stuff.. Very interesting I am sure it corelates to smaller time frames also . but good for longing for higher time frame entries for sure..... Ken Lee url
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009I agree . They feel like the stock picks you get over the fax machine.. The ones that start like you got it by mistake.. "Hey Bill I don't want you to miss this opportunity ". Buy this stock because I am Sucking air...and fixing to lose my job.. LOL ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Look possible if it hits that 61.8 fib level be perfect... then a big fall .
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Within 4 PIPS ???? it went through it by 10 pips ??? The second time it didn't make it but the first touch is in play until price breaks the high of the first touch... I took a little of it.. first touch good for 40 pips... I didn't get near that ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Quote: Originally Posted by Komissar image I did. Shorted from 5156, grabbed 20, locked BE, and was stopped then. Next setup Way to go .... Great trade , Trading like the machine ...

Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009Anyone take the 62 ema 1 hr trade ????
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009So in that case your safest trades would be shorts from the top of the consolidation area. With a tight stop the other side of the top. Which if you look at the GBP we had almost tweezers , even a little better the second candle was just shy the top ...
Trade what you see NOT what you expect
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Kenneth Lee replied May 14, 2009well I definitely jumped out too early...

Trade what you see NOT what you expect