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- nawlins51 replied Oct 28, 2011
GOod points AJ. I am glad you responded back. Better late than never lol.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 28, 2011
I am not real high on it because price came back a few times. I did mark it for your reasons and would have to be comfortable with a nice risk:reward. No pending order on this level. However if you switch to H1 as in my chart that candle marked in ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 28, 2011
No its not. I know a few more who are sitting idle as I type. Trust me i am fighting the urge to trade m5 for this session.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 28, 2011
Happy to see you doing good bro. I had a loss yesterday on the OZ so it happens. But like you said the winners out weigh the losers. Ken is a frickin good guy to share this knowledge. Turned this mediocre trader into a better trader. Every day I am ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 28, 2011
We are all sitting on our hands. You are not the only one. The zone on EJ is wide i narrowed it down if we talking about the same area. May not trigger, hell way price moving may consolidate all day after that big run.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 27, 2011
no problem. this morning i started from page 1 in this thread again. Once you read the pdf and practice You will start to see things clearer every day. Trust me I went back and looked at some of my charts and laughed at my shitty zones. And I have ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 27, 2011
Here is another good explanation from Ken. See the rally base rally formed. Its between the red and green lines. Thats the base. This area is not a top or bottom but if you look to the left you can see that it blew through the last swing high and ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 27, 2011
Here you go. Here is a chart from Ken. There is demand in the middle. So its not at a top or bottom. The zone marked in the middle is what some call RBR or rally base rally. DBD is drop base drop. With DBD or RBR those areas will not be marked at a ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 27, 2011
Yes we consider trend direction. Some of us do take counter trend trades. You are correct that Supply and demand is not always at the top or bottom. Plenty of charts in this thread to show you zones marked not at tops and bottoms. Hope this helps.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Remember its counter trend. Yes most indicators are trash. There are some good ones but most are trash. This is the way to trade. No other way.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Are you still in it? I may get back in if I see something that makes me take it. Glad to have you with us. You got a good guy teaching us who is very patient. Can;t ask for more.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Took this long on the USDCAD. Got 10.2 pips on it. I am posting my chart in the time frame of M1. This was one of the weirdest trades I took in a while. Price just flatline for minutes. Why i am showing the M1. Price stalled up here and i said its ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Yeah not an A+ trade by any but I wanted to take it. Just not a PO entry and missed it. Hoping it goes to my demand area then breaks it hehe.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Anybody go short on OZ. hit the level and dropped like a rock. Missed it.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Loonie zones and thoughts on my charts.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
I don't have a problem with it. Ask Ken if he is cool with it. You can set it up if he is. I would be there. We can all help this way Ken doesn't have to be responsible for it. He is already running a very active thread.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Here is my cable chart. Anybody want to discuss I will be around shortly. Gonna eat then finish posting my charts.
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Ok Thats good to know. Ken you are right about the Oz. Its a good pair to trade. Gonna post some of my charts for folks to see with some of my thoughts. About trend and CT. I will take either side. If its fresh why not is how i look at it. Now a CT ...
B.S. Trading with Kenneth Lee
- nawlins51 replied Oct 26, 2011
Ken what about the level I marked on your chart in yellow. To me this is a demand level I like. Good base. But I do have the other areas marked as you do.
B.S. Trading with Kenneth Lee