- Search Energy EXCH
-
yoshipau replied Nov 15, 2012Hi Ken, Thanks for the explanations. Everything looks clearer now. Not that I'm ignoring the news but with PO it's quite difficult to know between when the order executed and news release. As for the price action I still need a lot to learn. but ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 13, 2012Okay this is new for me, I didn't know about the 3-push for a reversal thing. All I did was trade following the higher TF trend, which is to short in this case, and enter at the supply zones. I may still need to work on my zones, but lower low and ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 13, 2012A good example on why you need to move SL to BE or lock in some profit when you had the chance. I set the PO before I left the office, supposed to go home and back to the monitor. One thing lead to another, ended up in the movies watching Liam ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 11, 2012Saw the level on D1 also, but could not find a proper entry on the smaller TF. How did you enter? How large was your SL? This is my take on the EURJPY demand level D1 was too large so look into M30 and M15 to find a smaller level. There were 2 M30 ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 11, 2012What do you guys think about this one? Looks to be a very good swap level? Higher TF is bearish, price only touched the level, so still a good place for short. I have a PO but didn't get filled, missed by about 1 pip only. TP would be at around ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 11, 2012You're right C-12, larger time frame is bearish. but I took the long based on D1 demand level. Price was just going out from the level and I thought my entries would be the pullback for a rally. Looks like I was wrong, will be more careful about the ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 7, 2012Can you elaborate more about the picture? Why that level would not work? I pick long trades because I thought price are turning from D1 demand level. It seems like most of my trades are Counter Trends, but I'm still having so much troubles looking ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 7, 2012Hi Ken, entered long from the same supply level that you drawn, was up by about 15 pips then moved SL to BE and got out with nothing. Had another trade from demand level below, but stopped pretty quick. Also saw another level just below it, didn't ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Nov 5, 2012HAPPY BIRTHDAY PETER, that was a pretty nice gift from the market. lol Great picture, I was busy trying to find what my mistake was and didn't realize that price was hitting the demand level below.
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 31, 2012Thanks Ken & Toktok for the Calendar. Do you always check each one of the news? Seems a bit too much if you are not a full time trader. And not sure if I understand most of the news. I think I might stick with Oanda's news on the bottom of the chart ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 31, 2012Ahh... understand it now. I never move my stop further, only to BE if it has reached certain level. Will try to see this one, but in between US closing & AU open the spread was larger in Oanda. That's why I'm not really keen on it. Yep, always had a ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 30, 2012Thanks Ken, I don't always trade the Asia/Aus session as I'm at work, but tried to access the market whenever I can. When I checked it my PO has just been executed and watching the price moved violently not long after. How do you normally treat the ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 30, 2012Hi Toktok, where do you usually look for the calendar? I was only looking at Oanda's news, which was about 6 hours ago for JPY news.
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 30, 2012Anyone know what just happened with the JPY? I had this PO on AUDJPY, hit my SL then dropped really quick. Same thing happened on EJ UJ GJ, up and down in less than a minute.
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 30, 2012Have been looking at the pictures and reading the news about the Frankenstorm. Quite devastating outlook. Hopefully everyone is in a safe area by now. Saw pictures of empty NYSE and CME on Monday, so not sure the impact for forex.
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 25, 2012Was in GBP but got out at BE. Got in on AUDJPY, supposed to be a great trade, TP was for 40 pips. Chickened out at 10 pips when price came back a bit. Grrr Got burned twice on EURJPY. I think it's because trend on higher time frame was still up, I ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 24, 2012Here's some of my recent trade GU (-6) Would have been a great trade if my Stop was 1 pip higher. Saw price entering the level very quick, enter manually when it's very close to SL to minimize loss, price came back to touch SL then dropped. EJ (-12) ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 24, 2012Thanks for the reply C-12. Your detailed explanation with pictures definitely helps. I'm sorry if my questions have been asked a lot of times in the forum. With over 300 page I'm sure most of the technical would have been covered. I'm still going ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 23, 2012Hi C-12, when you said "look at the H4 and Daily to see what which side you want to trade from", do you normally see the trend? or are you looking for another supply/demand level on the big time frame? I'm still confuse what exactly we have to do ...
B.S. Trading with Kenneth Lee
-
yoshipau replied Oct 23, 2012Hi Ken, Took this trade yesterday and hit the SL (-15 pips). Did I draw a wrong level of supply? There was a chance to get out at BE but it was too quick, price went up and down within minutes. I did have better luck in EU, got in after the big red ...
B.S. Trading with Kenneth Lee