great article Thanks .. This also should answer some doubts asked earlier about a single candle not being a base, It isn't so much the base as it is how price leaves a area, I look for big candles exiting a spot to look for entry. Then if it is a ...

B.S. Trading with Kenneth Lee

I will be offline for a few days , Computer died new one on the way.. KeN

B.S. Trading with Kenneth Lee

Yep i always worry more about where my stop is than my entry and my best entries are the ones closest to my stop. Nice post

B.S. Trading with Kenneth Lee

Yes i have scaled out of trades at times as well. A lot has to do with the time of day i trade , Plus i have never been good at holding for the 4 hr levels , but is a goal. When You have the weeks gains in the bank and move stop to BE , on later ...

B.S. Trading with Kenneth Lee

If a base should have some levels upon levels , Some would hold for the one closest to the edge of the larger level. But in doing so you could miss the trade . it is personal preference and what your risk management and money management will allow. ...

B.S. Trading with Kenneth Lee

and What is the method to break that emotional attachment ??

Rufus

Small Oz trade , Missed the short I had planned at lunch .

B.S. Trading with Kenneth Lee

Thanks you as well,

B.S. Trading with Kenneth Lee

chart

B.S. Trading with Kenneth Lee

Missed the short but caught another one. There are always trades to take.

B.S. Trading with Kenneth Lee

here is some thoughts on what is happening with OZ

B.S. Trading with Kenneth Lee

I understand peoples needs to have their work checked , but I f i start grading everyone's charts it leaves me no time for much else. This is why you see me not responding . I hate not to but just don't have the time. I have written poorly but it is ...

B.S. Trading with Kenneth Lee

But in hindsight on bad entries like the e/u, One should instantly hit the exit button and take a pip or 2 loss and then look for the real trade . This is hard to do, as then you are instantly saying i was wrong from the start , but in the bigger ...

B.S. Trading with Kenneth Lee

I know a lot will look at the chats and trades above and say damn man your risk to reward stinks, But in reality it is more my profit taking . most the trades have a decent risk to reward on the ones with a high risk i tend to take profits to soon . ...

B.S. Trading with Kenneth Lee

The rest of them , Again I am doing this more for myself than much anything else. I am building a file of all my trades . To identify and correct my trading errors. Like that one e/u crap trade.

B.S. Trading with Kenneth Lee

here is this weeks charts so far just goes to prove no matter what your skill level you can make decent gains . Just try and control losses . I don't have many big trade more because when i trade . i trade mostly when others wouldn't , because of ...

B.S. Trading with Kenneth Lee

I tp'd the e/u long at that 1.3047 30 min supply , why,oh why didn't i reverse instead ? Some days i am nimble others not so much . But the short was a very good choice at that time . retest of a breakout . I am sure if I had been flat I would have ...

B.S. Trading with Kenneth Lee

took 21 off that 4 hr level on e/u, also scalped 13 off Oz . and a combined 21 last night . will try and get charts together to post up. Day off so cooking a big pot of Cajun Gumbo.

B.S. Trading with Kenneth Lee

It is a hard subject to talk about. i remember talking about mediation with my son and how he thought i had joined a cult. It is as touchy a subject as religion or politics. but the funny part is the fact we all are molding our life's by what we do ...

B.S. Trading with Kenneth Lee

Guess i could feel badly about closing my shorts to soon last night , but the entries i took and the profits as well were solid. The new bases and levels they formed were tested later and that was the true entries for the longer down swing. It is ...

B.S. Trading with Kenneth Lee