AU - 2/2/12 — Current AU trade. Entered short at 1.0741. Would be good to run to Demand, target at 1.0669. Currently up 20 pips. Moved to BE. Will keep watching

B.S. Trading with Kenneth Lee

Hey Pirabuji. Looks like you got quite a decent bounce off this one. How did you get on?

B.S. Trading with Kenneth Lee

Yes, I agree with the risk on sentiment. Thought it might have been something of a ranging day. Still looking for a good entry signal

B.S. Trading with Kenneth Lee

Morning all. New day, new month. Don't know what kind of moves we're gonna get as we move into NFP Friday. Typically ranges into then unless the rumour mills start churning.

B.S. Trading with Kenneth Lee

Hey Rufus. Sorry, no not an indicator. Just some dotted lines I added in Metatrader for emphasis

B.S. Trading with Kenneth Lee

AU - 31/01/12 — Trade taken today. A little unconventional in that my entry was just before two supply zones while my Stop Loss was behind the higher Supply zone. Wanted to ensure entry. Sure enough, first Supply zone penetrated, second one ...

B.S. Trading with Kenneth Lee

I'm seeing more and more with strong trends its ever more important to be trading with the trend. Over the last couple of days across all sessions I've had Supply and Demand levels taken out with relative ease. Some of the levels have been pretty ...

B.S. Trading with Kenneth Lee

yep, and so proven. Kinda blew right thru it. To be honest even the 1.06309 doesn't look to be holding. Will sit for a while and ascertain market direction

B.S. Trading with Kenneth Lee

Finally ... — Been looking for this setup all day (12 hours since my first post on this). Late in the day for any significant movement but still put this Supply Short on the AU. Will watch and wait.

B.S. Trading with Kenneth Lee

I hear that. Was kinda sucking as I was up 20 pips, looking for 50 and ended up with 5 - but its not a loss. so yeah, I'm done for the day too. I think the Asian sessions should hold some potential moves this week.

B.S. Trading with Kenneth Lee

AUD/JPY Update — Current state of trade: Not the best trade to have taken as short taken directly above Demand Zone. However I considered the Demand Zone pretty weak and its been a strong bear market all day. Also the relative ease with which ...

B.S. Trading with Kenneth Lee

OK cheers. I think I use BB as Ken mentioned Sam has superceded CCI in favour of it. Thanks for the clarification

B.S. Trading with Kenneth Lee

Please for give my ignorance - what's a CCI dip?

B.S. Trading with Kenneth Lee

if only ... lol!

B.S. Trading with Kenneth Lee

Looking at this potential short on AY caused by new swap zone. waiting for retouch.

B.S. Trading with Kenneth Lee

Yes I have those levels marked on my charts. On the 15min there's a fairly strong Demand zone at 1.3110/1.3121. If it gets there it will be a first touch and is a general area where it might try to bounce. I'll keep my eye on it.

B.S. Trading with Kenneth Lee

Heya Zamfir. I kinda see what you're saying and think you and Ken may actually be saying the same thing. I guess I may have said it as: "The reason for trading Supply and Demand levels is that it works." The simplicity is its attraction. But yeah, ...

B.S. Trading with Kenneth Lee

Morning all. Bit of a slow start to the London session right across the board preceeded by a near vertical drop for a couple of currencies during the Asian session. Don't really see much. Still, looking at the AU. Daily could have topped out, 4Hr ...

B.S. Trading with Kenneth Lee

Trend Determination — On another note: just checking folks preferred method of trend determination e.g - Do u use just naked charts looking at higher high/hgher low sequences? - Do you look at monthly/weekly/daily charts or a combination? - Do ...

B.S. Trading with Kenneth Lee

I think this is crucial about flexibility. This week I placed a Short po near Supply, set SL and TP and went away. Price approached my entry but missed it by a pip, moved sharply down, reversed, moved up to my Supply entry and took me into the ...

B.S. Trading with Kenneth Lee