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Good Lookin replied Dec 1, 2011I'll show you why i've chosen this as a base. This is what the chart looked like when i put in the PO. image 1. Candle wics are just as much of a movement of price as the body is so when looking at a base i always take them into account. Wic or ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Dec 1, 2011I don't normally take 5 minute chart trades but since the 1 hour and 30 minute charts just looked like a bunch of clutter at this time of the day it usually means there are tradeable levels on the lower timeframe. I only take levels around 10 pips ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Dec 1, 2011I'd say about half my losses end up like that and half are times when price hits my stop, goes 5 or 6 pips and reverses back in the direction i assumed it would have gone. Take a weekend and test it out if you have the time. Could prove to be ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 29, 2011Don't know why i didn't think of this earlier
. Thanks for the input.B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 4, 2011I'll show you what i would have done on those trades. I'm not an expert in anyway. Just a concerned citizen
USD/CHF: If you go farther back into the chart the level that was chosen was actually a 2nd touch off a previous level. If this trade was ...B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 2, 2011UsdCad — image Woulda been a great trade had i been in front of the cpu to take it! Just missed my PO by 3 pips.
B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 2, 2011Same here. I find that having 2 trades on pairs with the same base currency is like having 2 of the same trades on which just ends up doubling risk (BIG NO NO). I also trade during he asian and australian open. I have a regular 9 to 5 and i'm ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 2, 2011Pairs — So generally you follow a pair with its usd and jpy counterpart? For example: "Let's take a look at the aud!" so you watch the Aud/Usd and Aud/Jpy I was experimenting with looking at the eur usd and jpy counterpart of a pair. Example: ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Nov 1, 2011Solid Pairs — I read earlier someone said they've been having success with the loonie and ozzy. While i've been having some success with the eur/usd and the eur/jpy, i've been trading the gbp/usd with marginal success. I lose more than i win ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 24, 2011Had some downtime at work and i saw this — Lets see how this one turns out. image
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 23, 2011from -13% back to normal — Sup peeps. Just wanted to let you guys know my progress. I recently opened a $10 account with oanda to try out some trading systems here on ff. I traded it down to -13% risking between 1% and 3% at a time. I then i ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 20, 2011PO's — How many PO's do you guys find you have on at one time? I've been having around 8 on average. Currently i have 11 in wait. A couple on some daily levels, some on the 4hr and 2 on the 30m. Think this is excessive?
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 20, 2011I saw this trade earlier and decided not to take it after evaluating it. Reason(s) why i thought it was a good trade: 1.Very strong move up for the 30M TF meaning high imbalance on on the Demand side. Reason(s) why i thought it was a bad trade: 1. ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 19, 2011I took that trade on the Eur/Usd today. I got out at the blue line because i didn't think it would have made it all the way to my initial tp at the yellow line. For me this was a good swap level. Self control could have take me to my tp. image
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 19, 2011Swap Swap Baby — Thanks for the quick response guys. I've actually read this entire thread as well as Dean's entire thread as well as Rocky's entire thread and some of redword's thread. I've probably watched at least 10 of the videos posted by ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 19, 2011Swap — Sup Nawlins, Just to be clear, you've chosen the blue line as a blue level because it's a swap level? It looks as if it has swapped twice. Edit: Actually if you look a little you'll see that area seems to be where some demand, supply, ...
B.S. Trading with Kenneth Lee
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Good Lookin replied Oct 16, 2011Would you guys like to get as close to 1:1 risk reward ratio as possible while still holding your edge? It's quite simple. How often do your take profits get hit and then go on 1-3 or more pips? Let me show you a special secret that will knock your ...
1% Money Management is a myth, fib is a myth and so on..