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stevewide replied Nov 3, 2011take a leek — Ken: My wife made this; she loes food network and Jamie Oliver. So everyone take a leek and see how good it is. Steve
B.S. Trading with Kenneth Lee
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stevewide replied Oct 31, 2011Ken: My guess is you saw a double top and double bottom (meaning double SD levels in same area=strong levels)then waited for the new low that jumped away from supply area around 1.0576. Finally, you waited for the 2nd higher low which is a much ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 27, 2011awesome lesson that #919 post Ken. Somehow, someway I have to cut losses sooner. Thanks, Steve
B.S. Trading with Kenneth Lee
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stevewide replied Oct 27, 2011Nawlins51 and a few others made some good comments over the last few pages that really helped me. Thanks. May have to join your skype group in spite of my fear of being distracted by it. Steve
B.S. Trading with Kenneth Lee
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stevewide replied Oct 26, 2011drill down to 5m — Good trading today on 30m. Drilling down to the 5m after a 30m level forms is working well to fine tune the 30m level. Just learning supply and demand levels from Ken. Not interested in trading the15m, 5m or 1m chart. Just ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 25, 2011Uj — Wow! Look how the 30m Uj turned exactly on the supply line using the 5m to fine turn it. Was eating lunch and missed it. Not sure I'd touched Uj right now with suspicion of manipulation by Japan expected any time now.
B.S. Trading with Kenneth Lee
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stevewide replied Oct 25, 2011Not sure what you mean but this pic attached shows where I drew the 30m level adjusted based on the 5m level and if I'd taken the trade there trusting the method I would have made alot 15 more pips. Is this what you mean? thanks for helping us learn ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 25, 2011countertrend — Kenneth teaches us that sometimes dropping down to the 5m chart helps make more trades profitable. Wait for a 30m level then drop to 5m to move the line for better entry; seems to allow a few more pips profit on countertrend. ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 24, 2011I feel your pain — Nawlins: Your honest assessment of your trade is greatly appreciated and very helpful. I lost several countertrend trades holding a loss hoping it would come back. From now on I'll only countertrend after several candles ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 21, 2011eu 30m chart — My understanding so far is here are 3 demand levels where buy limit order entries could be placed according to the rules. Steve
B.S. Trading with Kenneth Lee
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stevewide replied Oct 21, 2011Page 1 pdf is helping me — Hope these excepts from page 1 pdf file help us all with identifying supply and demand zones....Steve PS: picture on page 17 of pdf says it all...demand/supply levels plus swap level......... "We have only one thing ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 20, 2011Eu today=507 pips — Here's my take on what happened on the Eu today as the new day begins. This seems too easy. I feared taking all of them. A couple of the zones were very big but they paid 2:1 plus some more. I didn't include the swap trade. ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 20, 2011Eu limit sell — Eu limit sell placed for 2nd supply zone entry with a buffer amount anticipating traders can't wait for it to turn. Couldn't be easier. I missed the first chance to short it for 20 pips assuming it turned south a little before ...
B.S. Trading with Kenneth Lee
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stevewide replied Oct 7, 2011Capito: It might help to update post#1 referencing which posts to go to for the major updates to this method. Even better would be to keep the current indicators, templates and profiles updated there plus keep an explanation of the intraday and ...
CICR system (Currency index cross referencing)
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stevewide replied Sep 26, 2011Thanks; your drawing TL using channel tool from touch of wick to body of next significant swing is new for me...will try it. I have full time to devote to trading and want to use it wisely. I've done poorly on short TF's and have tried the IB thread ...
Daily Trendline Trading
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stevewide replied Sep 26, 2011"I missed the touch of the trendline last night but decided to take it this morning anyway." How often do you check your charts? Wonderful thread started. Thank you! Steve
Daily Trendline Trading
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stevewide replied Sep 2, 2011I think trading IB's both ways could work but I think Roman would say why do it when you're rolling in the pips already with the trend...
PTT Method (Profitable Trend Trading) in Forex
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stevewide replied Sep 2, 2011Thanks for sharing a great system — how many pairs do you watch? How many pairs do you recommend someone just learning your method watch? Thanks for sharing important information. Steve
Price action momentum trading