I wish you all a very abundant new year. I would consider that you all sit down for Moment and make a Forecast for the coming year with reasonable expectations, but ones that can be measured periodically throughout the year. We in the larger ...

B.S. Trading with Kenneth Lee

You should take a glance at the enhancement rules at the end of pdf. Grading your choices using it will help. A fresh level is exactly as it sounds it is a fresh or a level that is fixing to get it' first touch. The further that price moved away and ...

B.S. Trading with Kenneth Lee

PS , But that is why i don't trade the 4 hr but I do know where the levels are sitting at. I don't like the large stops required it would make me lower my per pip risk and I don't want to do that . So I may take more BE trades or TP sooner to ...

B.S. Trading with Kenneth Lee

That is a risk but was 6 hrs from entry to possible failure. But as I stated what is a handful of pips on the 4 h surely more than 7 . so a stop might not have been hit at all. A hand ful for me on a 30 in can be as high as 5 or so.

B.S. Trading with Kenneth Lee

More info

B.S. Trading with Kenneth Lee

I have never used MT4 anywhere. Not that it doesn't have uses I am sure it does , But chatting with people that do use it I find they tend to use even software for the easiest task which to me removes one from the ability to see everything for ones ...

B.S. Trading with Kenneth Lee

You could have tp'd at the bottom of that 4 hr level the first time or even waited for the second test of it . But certainly would have taken the profits then . If you had move to BE on your long , How many pips are a handful on a 4 hr chart? also ...

B.S. Trading with Kenneth Lee

Oz failure

B.S. Trading with Kenneth Lee

I hit ctrl , prtsc then paste into paint. crop the chart I want as I have 3 or 4 screens depending if I am allowed to use the tv, hehe. Then copy the crop , outline and repaste in new paint. make my notes and marks and save then post to ff. Not very ...

B.S. Trading with Kenneth Lee

As BBAKkER posted the europe london sesion seems to have the best moves but if you can't get up for that and be with your charts then maybe u.s. is what you can do. if you really focus you will see levels that you can use at almost anytime of day. ...

B.S. Trading with Kenneth Lee

oz chart

B.S. Trading with Kenneth Lee

I know everyone is waiting for the trade management portion of this , But in reality the risk management is the number one in importance as it will allow us to keep trading. If your trying to make a living off trading you have to have some safe ...

B.S. Trading with Kenneth Lee

So we can see what risk management is suppose to do but how do we as a private one on one trader. Use or need risk management . In a commercial environment we can easily wrap our heads around the idea that having a person responsible for providing ...

B.S. Trading with Kenneth Lee

Enjoy the Holiday.

B.S. Trading with Kenneth Lee

It would seem at face value to limit your amount of risk per trade or even session would be a easy straight forward thing. But as most simple things in life it tends to be a bit harder to actually do. If we could only set trades and then be denied ...

B.S. Trading with Kenneth Lee

to maximize the realization of opportunities This portion of risk this refers to is the fact without risk there can be no chance of a profitable outcome. We have to risk and be willing to lose to even consider winning. accepting some or all of the ...

B.S. Trading with Kenneth Lee

Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the ...

B.S. Trading with Kenneth Lee

entertaining read ,

B.S. Trading with Kenneth Lee

A lot of the long orders were used there at 4 to push it up , But as i mentioned those orders came into play before your marked level. so whomever placed them was worried they would miss the level or had so much they were willing to take a higher ...

B.S. Trading with Kenneth Lee

I would watch this level for another long . But would probably not set a po as it is not fresh now . the near miss to me was the first touch but had strong demand which is why it did not make it all the way to the level.

B.S. Trading with Kenneth Lee