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Kenneth Lee replied Apr 24, 2013I use Price action as guide as to wither I will take a 2nd or 3rd touch within a level. The risk is normally less if you take 2nd or even a third touch , because you are entering closer to your stop position . You should monitor these trades as they ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 24, 2013I have 2 of my screens set Vertical, they are setup with these 3 chart times , gives me a quick overall view of trade possibilities.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 24, 2013No matter what time frames you wish to trade it is a good idea to mark the 4 hr and daily levels on your charts even with a simple single line , this way it will give you the best picture of what is or may happen. Might have made you take a ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 22, 2013chart,might be worth another 100.. But tired , and a lot of news , so closed and sleep better.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 21, 2013I didn't get off work till 2:00 eastern ... Wasn't here...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 18, 2013trying to learn to trust my plan, ,,,
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 18, 2013You can , but one of the criteria for picking levels is time away. a retest as price is leaving is not always a first touch , Plus time of week or day has to be considered . One reason i would choose that as a fresh level. Is because it is a Friday ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 17, 2013I would add to the above . it is always better to try and join a massive move than to try and fight it. Kinda like catching a falling knife . better to stand aside and let it fall.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 17, 2013I trade when i have the time , It is normally when most would not even try. But if you think in a clear way and try and see where price is going and not focus on a certain pattern as such , It becomes easier. Plus if you look for a level near the ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 17, 2013yep but as you can see, it can turn on a dime this time of day. Low trading volume kicks in and as the day gets later , positions can be squared or closed so Price Action can not look as normal. why i take a lot of quick scalps in off hours.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 17, 2013If you want to attempt to trade slow times . Just keep in mind that price moves between levels. So if it left a demand it is headed towards a supply . So you can try getting aboard a swing in progress. it take s a bit of skill to do this with much ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Apr 17, 2013This time of day if your not into scalping quick trades , I would stay out. The target to loss ratio is normally skewed.
B.S. Trading with Kenneth Lee