I know first bounce off an area is usually the best. What do you think about taking trades at area 2 and 3? Should they be scalp trades? normal trades? or none ? image

Ken's Continuing Successes with EO's system

Plotted these areas last night.. then went to sleep, so i didn't get to trade them. both would have been profitable! Looks like I could have made the top green line a little lower. image

Ken's Continuing Successes with EO's system

Thanks ken.. I think i got it now. I'll look for rally base drop areas. I knew the bottom one got voided. But wasn't looking that far ahead as I was in backtesting mode, not drawing for the future candles. We are truly lucky to have you here!!

Ken's Continuing Successes with EO's system

I hope I am getting this now.. please correct me if I am wrong... This is how I understand it. Thanks. image

Ken's Continuing Successes with EO's system

Thanks... I guess i have much to learn still... Failed the first test... I'll review again and re-try to draw levels correctly... Never quit!

Ken's Continuing Successes with EO's system

I noticed the supply/demand area's work great at times! Other times they Fail. Any advice for choosing better area's? I need to weed out my bad trades. I seem to be just as good at picking loosers as winners. I picked second circle as an area to go ...

Ken's Continuing Successes with EO's system

Anybody know how to tell when ECB members are schedualed to speak... you usually get a weird news spike when they open their mouth. has had a negitive affect on my trades in the past. Usually they don't list it on FF calander and I tryed the ECB ...

Ken's Continuing Successes with EO's system

Thanks for the supply demand refresher... Making me think about my entry areas more... Been making some good pips! here is my chart.. image

Ken's Continuing Successes with EO's system

thanks nice charts..

Ken's Continuing Successes with EO's system

Nice thead! Glad your showing us FX can win. I've been doing my own charts with some success. What is your main reason for choosing a profit target?

Mfinab Trading Journal of FX market

I'll add in the 1's and 5's on my trading plan too after a little more practice with them. I have been brushing up on my PA skills and getting good at predicting where price is going next. 1's and 5's would be a good way to jump on the train if its ...

Ken's Continuing Successes with EO's system

I created a little program for personal use.. calculates what size of lots you should be trading. No guarentee's on its performance or that its bug free... but i'll upload it for anybody who wants to use it. I made it for USD accounts but can be ...

Ken's Continuing Successes with EO's system

I'm writing my trading plan. Have had a lot of luck with shampoo and double top/bottoms. So i included those... I really like these as I have a price target when I set them. thinking about adding tweezer tops and hangman trades also.. I would like ...

Ken's Continuing Successes with EO's system

What I call a crazy chart. I always have trouble trading charts like this. They don't seem to respect resistance areas as much as a "normal chart does". The way I recognize a crazy chart: 1. a lot of candles have upper and lower wicks 2. tops and ...

Ken's Continuing Successes with EO's system

image I took trade here.. had broken out of asian range.. 1:00 and above resistance. and with the trend. my target was the R2 area.

Ken's Continuing Successes with EO's system

Having trouble with entrys in a profitable spot. First trade I did last night was a 1:00 off the right sholder of the inverted shampoo. I got up 8 pips only to be taken out by a 36 pip death candle at london open. I was trading away from Ma's and ...

Ken's Continuing Successes with EO's system

I actually moved my computer desk into the family room a few months ago. It has helped a lot with wanting to take every entry out of boredom. That way If a trade isn't forming I can watch some TV or pet the cat. I can even lay down on the couch if ...

Ken's Continuing Successes with EO's system

The problem was I was trying to trade like the flash cards PDF right off the bat. Now I am seeing taking one step at a time seems to be a far better approch for someone who is new to the system. Flash card type trading is for people who have ...

Ken's Continuing Successes with EO's system

Been working on this system for a while.. Having some trouble. I decided to take my last 15 trades and look them up. I'm finding I'm doing 3 major things wrong. 1. Taking PPA trades without enough confirmation and during london when they are likely ...

Ken's Continuing Successes with EO's system

image This looked like a good setup for a long.. First entered on 62 touch and got stopped out. Next I entered on next candle after. Hangman candle. Went down wick 20 pips and ended up getting out at -2 to be safe. Its News friday and anything ...

Ken's Continuing Successes with EO's system