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Kenneth Lee replied Feb 17, 2013couple of small scalps I just closed . Not sure they won't turn so took the combined 40 ish and going to bed . 40 pips is a good start to the 100 pip week. not sure i would let the one stop out at about 40 or so . but didn't have to find out . so ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 15, 2013You can all discuss anything you wish, I use Volume as well just not in the sense of any type indicator , But we should all know when the highest amount of orders are in the market, session opens and around and after news . So I expect any of my ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 15, 2013See we all saw similar things but trade them a bit different. Different time frames with same targets but all laying at bit different place. If I had held for my target , it would have missed by a pip or two then I could have woke up negative. or I ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 14, 2013It doesn't matter what a persons goals are , if you hit your goal are you not going to take the next perfect setup? Just concentrate on your risk per trade never exceeding that and then take all the trades that you like. Staying fixated on a goal ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 13, 2013I don't mean to ignore people's inquires but if we get into the grading of levels that is all we will do.And it is really what we all need to learn on our own to develop the trust required to take the trades. Just drop lines on your charts and then ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 13, 2013If you want to learn more about the above . You might read Ed Ponsi's book trading and probabilities. He goes over that in greater detail.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 13, 2013Or is the premise based on large orders form commercials hedging their risk , so they will wait to get complete fills over a specific period of time at a static price? without worrying about where the market is going (hence first time back trades ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 13, 2013I personally know none of the above and think even the big boys don't , All though they probably know ahead of times about big transfers of funds for whatever reason. But trying to digest the movement of currencies around the globe for whatever ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Feb 1, 2013Not sure of your query , Supply and Demand is Price Action. I don't look for any entry signal. and picking levels is gone over a lot . every chart i post normally has a level marked on it. I don't over complicated it . I try to keep it basic .If a ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 31, 2013Kenneth, I like your idea of using plain price action to determine trend (eg. HH HL, etc) but I found myself always caught in this situation whereby the trend is UP and price begins to reverse and come down but I'm still taking long orders at my ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 31, 2013If you can post a chart of your thinking maybe I can help. I will try later to .. Ken
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 31, 2013So this is what we all need to do , Paste your trades into paint , make notes of what happened then make notes of how you could have done better add a page of text , I use paint so i can view it as a slide show end of week. Describe why you took or ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 31, 2013of course you can see the initial entry on the chart above was very poor as it was a third touch of that level. But if I had taken profits at the big number 95.00 and had only the second loss would have been a decent setup , Or not taken the first ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 31, 2013In attempt to manage my trading better , than let it manage me with less screen time , trying to set limit orders where I would take trades If I was sitting here, OF course the key will have to be bigger trades to cover the mediocre trades I would ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 29, 2013Finally got my new internet service.. Then of course the old router wouldn't work with windows 7 . so had to get one of those . always something. to get back into the groove.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 22, 2013sorry guys, I know I was never a very prolific poster, But still have no decent internet. 2 weeks and counting, ordered on the 8th, Now new date is Monday. We will see, Wouldn't recommend AT&T for anything. But only option even then the speed maybe ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 9, 2013This is where it gets personal. If your taking the trade off faster charts with a target off a longer one it can be a bit easier. also what your aims as far as gains per week or trade. It annoys almost everyone to get in at a perfect spot and bail ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Jan 8, 2013Will be off line for a few days . Having to move boat as they are rebuilding the dock. So have to get a different internet provider . Always something..
B.S. Trading with Kenneth Lee