It's very true what you say about smaller trades. The spread is very much against you. Personally I call it the spread swing. If you have a spread of 4 pips, the total swing you need to get a 1:1 risk against reward trade is 8 pips plus the target. ...

Ken's Continuing Successes with EO's system

It's "The Open"

golf

It's futile. I've seen many traders asked to do this, the minute they then show their fantastic results, it's dismissed as fabricated. You also realise that the very best traders, the ones that are really making money that most of us could scarcely ...

Andrew Forex Trading System

I think good trade management come some way down the road after good entries for most people. At the moment i'm just happy with a larger % of good entries and 1:1 minimum outcomes. If I can manage them for a bit more, from time to time, all the ...

Ken's Continuing Successes with EO's system

Cheers Ken. Turns out, you were spot on. It broke and then retested the level, you may or may not have collected a few more pips before the news spiked it around. I didn't re-enter.

Ken's Continuing Successes with EO's system

Early exit? — I took this trade on EJ. It was hitting resistance on H4 and H1 and starting to look bearish. I waited for what I thought might be a valid entry and I got this pin just coming away from the 50 ema on M15. Took the trade but ended ...

Ken's Continuing Successes with EO's system

Excellent advice that could serve many well.

Ken's Continuing Successes with EO's system

I would love to have a similar plan but the problems start when your first trade nets you a loss, then your second, then your third. Now you need 50 pips! If you're a master of entries, I can't see how you can fail. If you have an unpredictable ...

Ken's Continuing Successes with EO's system

You've nicely summed up the trials and tribulations of a trader who is very nearly getting this way of trading after 8 months of learning the business. I have days when it all seems so clear and then days where every time frame seems to give me a ...

Ken's Continuing Successes with EO's system

Something I was never aware of. As an avid EJ trader, i'll keep my eyes peeled for this in future. Thanks again Ken. NB - An extra vote just got this back to 5 stars. As pointless as it may be, it deserves that much!

Ken's Continuing Successes with EO's system

I apologise if you've already covered this Ken but what exactly is Asian drift?

Ken's Continuing Successes with EO's system

Sitting on your hands if most of your ducks line up (there was a bearish pin off H1 ma's as well) but not all of them, is sometimes that hardest thing to do.....

Ken's Continuing Successes with EO's system

Cheers Ken, appreciated as always. So not a terrible entry but a losing trade that could be avoided by just reducing your risk by waiting for a clearer direction? Is that basically the crux?

Ken's Continuing Successes with EO's system

A losing trade. The green circled candles were the entry triggers. The second candle (the one entered on) hadn't finished when I entered but I was ready to enter short on the rejection off the 50 EMA back into the short-term trend from the earlier ...

Ken's Continuing Successes with EO's system

Congratulations! Can they win their first ever WC?

1min scalping using mtf ALF by bbolss

Cheers Ken, excellent work. These trades are the easiest to take. Even if it has gone a long way, you'll often get a retest of the high it's made and that retest is opportunity if you get a candle that shows you it might happen. Thanks for the ...

Ken's Continuing Successes with EO's system

This is a trade I took this morning on EJ. I was very wary about my entry because it had already moved a fair way. The green line is PPA off H4, don't know if you guys had this at the same place. Anyway, when I saw the two retracement candles fail ...

Ken's Continuing Successes with EO's system

This is definitely a logical approach and is a sound trading approach. My technique is to shoot for a minimum of 1:1. Usually, if you put your stop .5-1 pip below the most recent swing high or low, the move up will give you your stop + spread. In ...

1min scalping using mtf ALF by bbolss

Hey Ken. I never realised you did a "normal" job as well? Has trading not proven profitable enough for it to be your sole job or is it just a case of enjoying variety ?

Ken's Continuing Successes with EO's system

This thread was a nice, civilised and focussed place to be. I think we should try and keep it that way

1min scalping using mtf ALF by bbolss