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Kenneth Lee replied Apr 16, 2009The Ma's are used as Floating S/R lines . Only 2 types of trades . A bounce or a breakout. It didn't breakout So a bounce back down... As I see it..it also was a strong regular Support / Resistance line..
We Ma's every where ..The 50 sma on the 1 ...Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009More ema trades. — One of the most common trades I see and miss most of the times , Is these. Price leaves area and we missed it , what now.. On either of these trades, if your skilled and confident you could have taken them off the top of the ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009and now near our 2 day bottom we will see what happens.. Damo if you have questions ask , But EO and Infinity are the experts of this thread.. So might hold off till you see them on the thread.. Cheers.
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Welcome..Damo, There was 2 trades of about 30 pips each around the 4940 area. one at 3:00 am eastern and 4:00 eastern USA time. The first was the first touch off the 50 sma 1 hr and the 200 sma 15 min. If you have read the PDF you know we take ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Plus looking at the one hour chart the 50% also was right at the high from the day befoe yesterday, and I had a S/R line there, Lots of reasons to take a trade.. More things that come together the better.. As long as they compliment each other. But ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009[quote=micho;2672831]yes i mean the EO and INFINITY method relies ON MA and PA
[/quot I agree but if you notice Infinty's chart every now and then they have a fib stuck on them . LOL Everything we learn can and does compliment everything else we ...Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009i could only use PRICE ACTION with the Fibonacci (in your case you use moving averages for Fibonacci alternative) Some of us still us our Fib tool as a added confirmation .. If you look at the 1hr now. price is at the 50% fib and also touched the 50 ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009[quote=BenScoobert;2672556]A mail I got, might be of interest to you Most brokers don't allow hedging on the same account anyway. But a few have already circumvented this by allowing sub accounts . So you buy in one account and sell in the other.. ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009And the Mistress EUR/JPY 15 min , 1HR, 4HR and Daily Any suggestions gladlly apreciated. Trade WEll Ken
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009here are my charts for this evening first 15 gbp , 1hr .4 hr , and daily
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009Thanks for that.. It is how I learn . Doing the charts and posts helps me to remember things. Now if the brain can get the finger to do the right thing at the right time. Where's that hammer..

Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009Great Stuff, I have really wanted to get some of my familly involved in this. But they all just want instant riches, with no work involved. Same thing I want also , But I am a bit more realistic. Glad it is wotking out for you all...
Ken LeeTrade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009If it closes inside that wick is that bearish or just more indecisiveness ? the candle alone looks bullish I think ..and still above the ma's
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009ok see the signal take the trade I might get it one day... Hammer to Head might help..
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009I was thinking more about the entry there , but it seems to be playing out all right of course. My thoughts always if a signal away from the ma's ok back to them and if it is a signal from them also good . But when it is sitting right on them like ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009Question ???? The last two candles the wicks touched first the 5 ema and then the 10 ema..Should we be worried taking the short here because we are above the ma's ??
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009Great Trade Lunch Money $$$$

Trade what you see NOT what you expect
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Kenneth Lee replied Apr 15, 2009Trying for a 61,8% retrace is a pretty lofty target. Most people are glad for 50% on retraces, and lots quit at 38.2% some I know want go over 23% but pile it on... Good louck but don't let all go away....

Trade what you see NOT what you expect