What i'm lookin at with EurUsd — image image image It's a strong downtrend going into a good daily demand. It was a good place for a long. I took the long from 1.2706 up to 1.2761. Now i'm looking for shorts in light of the downtrend. I ...

B.S. Trading with Kenneth Lee

Great post Bootsyjam! I don't think there was a day when i don't feel the twitch to hit the button on a shaky level. It's funny because when i'm looking for new levels i see what happened with the ones i bypassed. Some worked out and some didn't. ...

B.S. Trading with Kenneth Lee

The journal may be boring but that 4 month vacation you'll take after profiting from your observations will be exciting.

B.S. Trading with Kenneth Lee

If you wanted too, you could have actually held in both of those trades on the 2nd chart and tp'd at the Daily Demand level at 1.3321. Base 2 would have been stopped out and base 1 would have made it. 10.18:1 RR on Base 1 -1 on Base 2. So over all ...

B.S. Trading with Kenneth Lee

More on smaller TFs — image image

B.S. Trading with Kenneth Lee

In this case you didn't have to go down to the 5 minute to see where to enter. I'll go down to the 5 minute to see what it looks like so i can set a smaller zone and thus reap a high risk reward. I used to just do 2:1 profit taking but i've adjusted ...

B.S. Trading with Kenneth Lee

I remember setting a PO on the bottom level for that trade but then canceling it over the weekend. Christmas/New Years holiday has historically extracted more $ from my account than it has deposited due to how busy this time of year is for me and i ...

B.S. Trading with Kenneth Lee

Zurich Axioms —

B.S. Trading with Kenneth Lee

It's just the Odds Enhancers from Ken's Pdf. That's my filter. I want to say i'll put up some charts and show you the extent of my understanding of them tonight or tomorrow but i'm unsure if i'll have the time.

B.S. Trading with Kenneth Lee

Odds enhanced — When i first read about S&D i tried looking for levels by eye and then just trading them if i liked what i saw. If price stalled anywhere then it was a level for me. Needless to say that didn't really work. I remember saying to ...

B.S. Trading with Kenneth Lee

Never really realised how long it takes to make these markups until i actually made them. I know i'm a bit late but for what its worth here's what i saw. image image image image

B.S. Trading with Kenneth Lee

After your post i became curious and wanted to see if there was anything on the charts that would hint towards which pair would move more on this trade since the Eur/Usd and Usd/Cad base was created at the same time. We would be looking at the ...

B.S. Trading with Kenneth Lee

I personally don't know of a very effective way to use correlation in short term day trading. One thing i do is to not trade the Eur/usd GBP/usd and Eur/Jpy at the same time (although i tend to stay away from the GBP/usd in general). I also don't ...

B.S. Trading with Kenneth Lee

More odds Enhancers! — More odds enhanced! Supply trade Strength of move: 2 That was a pretty strong drop through what looked to be a good demand level. Risk Reward: 1 I set this trade at 6pm eastern so i had no idea what type of rr it would ...

B.S. Trading with Kenneth Lee

Odds Enhancers! — Had a chance to monitor a trade today as it hit a supply i discovered yesterday. Set my tp at the next demand. Did pretty well. Odds Enhanced Trade! image

B.S. Trading with Kenneth Lee

Be wary of those trades. S1 and S2 are right above a larger timeframe demand. image

B.S. Trading with Kenneth Lee

There's something to be said for taking the time out to properly analyze an instrument. I've missed enough trades during my work hours that would have made just as much money as my pay check. Only reason i'm missing them is because i'm not having ...

B.S. Trading with Kenneth Lee

Missed this. image EDIT: When i say base 2 touched base 1 i'm talking about the pin bar entering into the zone of base 1 EDIT2: TYPO! Meant to say "Based on a base" not "Based a base"

B.S. Trading with Kenneth Lee

Set this last night before family time. image

B.S. Trading with Kenneth Lee

Sorry, i may not have been clear. I'm gonna try to explain it here. I'm talking about the basics only because it helps me explain it better so i hope not to offend you! image A candle represents the price movement of a pair over a period of time. ...

B.S. Trading with Kenneth Lee