Cheers Ken, as always

Ken's Continuing Successes with EO's system

It's those points of confluence again. Something I came to realise a few months ago is that you hear traders talking about either using "ma's", "fibs", "pivots" or "trendlines". The realisation for me is that you should learn and use as much of it ...

Ken's Continuing Successes with EO's system

Thanks for the explanation Ken. I cut my teeth on the "Dance" thread which is based entirely on touch trades. I find that you need real nerves of steel for it as you are always trading against the current flow. I guess success breeds confidence and ...

Ken's Continuing Successes with EO's system

Hi Ken, Hope all is good. When you say that you grabbed on "off the 200sma", do you take the touch on the ma or wait for candles to close around it and guide the way? I'm always really uneasy about touch trades.....

Ken's Continuing Successes with EO's system

Very well explained Dan. You've done a good job here of explaining a few things that can throw traders who are learning. The trend within a trend (i.e lower TF retracement of larger TF trend) and trendline within a main set of high and low ...

DanUK's Advanced Trend Trading Strategy

Every time I come on this thread, I get new information to make me sit up and pay attention to. Cracking stuff guys.

Ken's Continuing Successes with EO's system

Oanda will not leverage you more then 50:1

Is it safe to deposit $50,000 in a single broker?

Thanks. I'm never barve enough to take the touch, I always wait for confirmation which is a double edged sword. you miss some of the move but you sometimes get a safer trade.

Ken's Continuing Successes with EO's system

Whilst we are on this naval gazing sidetrack, i'll throw in my two penneth, Kenneth (ha!). I think Lee and I may be on similar curves. Curves that have involved an inching toward success but I think in a way that will ensure that when success is ...

Ken's Continuing Successes with EO's system

Did you short the touch or on close of candle here?

Ken's Continuing Successes with EO's system

Thanks for the reply here. I am already finding that combining VSA with the other basic trading tools (fibs, pivots, candle patterns, S and R, key ma's and trendlines) is making a notable difference. I used to enter a trade based on a candle pattern ...

vsa with Malcolm

Does that 1.5 include spread then?

Central Banks & Big Players

I have a question about this if I could Malcolm. Given that trading with VSA helps us to see turning points and tops and bottoms, unlike any other trading practice, wouldn't you exit based on price action and volume telling you you have a valid ...

vsa with Malcolm

Cheers Tony, look forward to that. For now, i'm sorta onboard

Central Banks & Big Players

My thoughts too. Nothing stopping you giving it a try that way. It only need to take you 20 attempts to nail one and you have done a nice profit for the month.

Central Banks & Big Players

And I guess that's what the bets are on, that one big monster that eliminates all the losses. I can see some real merit in what he is doing but it's the profit target that is getting to me as well. I would love to have some more stats from Tony. How ...

Central Banks & Big Players

That's ADR though. What happens if he keeps it open past midnight? I suspect he would so he then uses some of the following says range and gets his 140..... Not that the market adheres to ADR in any way of course. It's purely historical data.

Central Banks & Big Players

Woah! I admire your balls mate (not that way). If you ran 200 losses, how did you not clear yourself out? Or maybe you did. What about now, now that you have refined and changed this strat. What's your worst run of losses? I'm genuinely intrigued by ...

Central Banks & Big Players

Hi Tony. Quick question for you here. So you're 80 pips to the good. You risked, say, 1% on this trade? You are 40% of account growth, it's the stuff of dreams, really. If you hit your TP, you are 70% account growth. I would probably have to clean ...

Central Banks & Big Players

Good reading material Mr Lee, every bit of information like this helps make things more and more clear...

Ken's Continuing Successes with EO's system