Here was an easy Asian trade, with the inverted mini H&S setup again. 15M A/U chart attached. Those PPA and trendlines were drawn before the final low -- in fact that trendline had been on the chart for several hours, maybe more then a day, I can't ...

Ken's Continuing Successes with EO's system

Yeah the daily is extremely bearish as well.. right on a TL, fib level, and couldn't close above the 50MA again, plus looks like we'll fail to close above it again for the 3rd day in a row. Of course as you said we've got to stay nimble, no telling ...

Ken's Continuing Successes with EO's system

Yeah it all depends what you're comfortable with I suppose. I'm really just looking for a higher high (or low) and then a failure to make a new high (or low). On the chart you attached, as Ken said you would want to include the wick of that pin in ...

Ken's Continuing Successes with EO's system

Also, I see what you mean on the 1H, it's looking really sloppy, but it still hasn't closed above the pin. I think it looks a lot clearer on a zoomed-out 15M. If you look at the 15M (attached) you can see a high, a higher high, and now what may be a ...

Ken's Continuing Successes with EO's system

Hey, There's never really a right or a wrong way to analyze a chart. The more times you do it the more detail you'll see. Here's my 4H attached. I zoomed out a bit to show you this trendline. I attached the daily too, same TL on it. When a TL is ...

Ken's Continuing Successes with EO's system

LOL yeah the duck had my cracking up. I'm watching GU as well and waiting for a chance to short it again, another lower high and I think this is the last we'll see of the 50MA on the daily for a while. Of course if we get a northbound breakout ...

Ken's Continuing Successes with EO's system

I got this E/J trade earlier, based on the post you had yesterday or the day before about the mini inverted H&S (I think GU was the example). My first entry was at the higher low after the head but that got stopped at BE, second entry was a success

Ken's Continuing Successes with EO's system

EDIT: Ahh Ken replied as I was typing. Yeah, like I thought, I am not up to speed on all the Asian drift details, I need to go back and reread them.

Ken's Continuing Successes with EO's system

(G/U) I see that touch trade in retrospect, I was waiting for PA to test 1.5728 so I completely missed it. But I can see on the way down we had 3 wicks off of that level and then a break/retest, a sure sign of strength.. Now to just learn to see the ...

Ken's Continuing Successes with EO's system

Ahh I see. Yeah well it was a winner nonetheless! If the previous bottom on the 15M had a strong reversal, do you always take a long when we get back into the wick? I guess what I'm wandering is if it was a PPA-only trade or if there's more to it. I ...

Ken's Continuing Successes with EO's system

Did you take it off the retest of the DBLHC/tweezer combo? I took a long there for about the same

Ken's Continuing Successes with EO's system

Ken I noticed earlier that you had one of your PPA lines on EJ at 110.79. Did you get the short off it just now? If it keeps developing like this we'll get a DBHLC on the 1H which might be enough to break through the 1H 50/62 and send it back down ...

Ken's Continuing Successes with EO's system

If A/U can get below 0.984x I think it's going to freefall.. I wanted to short it at the retest of 0.9880 but decided with the 4H MA's and daily 35 in the way it would have been a bad entry, regardless of the R:R potential. Waiting

Ken's Continuing Successes with EO's system

I got in a little too early at 111.02 (played off the close price that sent us down to 109.8x).. but hey pips is pips, good way to start the week. Looks like we aren't going to make it past the 62 on the first attempt.

Ken's Continuing Successes with EO's system

Also, another thing that I forgot to add: I started learning best from EO's thread when I gave myself a daily page limit. There is so much information in there that it's very easy to get overloaded. Plus, of course, actual trading time should always ...

Ken's Continuing Successes with EO's system

I'd say it all depends on how your individual learning style.. Think back on any of the skills that you've learned through life, especially mentally demanding skills, and try to remember what the process was like for you vs your peers. If you're a ...

Ken's Continuing Successes with EO's system

Thanks Ken, very helpful as always. I was stuck looking at this trade in one direction and only made a very small amount of the pips that were on the table.

Ken's Continuing Successes with EO's system

Yeah I wasn't sure if this was the GBP question either but my answer would be the same yours -- after the breakout, check the HTFs to make sure you aren't about to hit a brick wall, then look for a retest at the breakout area, somewhere in between ...

Ken's Continuing Successes with EO's system

I got those last two; that very last one had some nice PPA as well if you zoom out a bit on the 15M The only problem I have with fibs is trying to decide when to apply them and use them vs when not to. But of course it's all about the ...

Ken's Continuing Successes with EO's system