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- 168ipoh replied Nov 10, 2010
Got stopped out of short g/j just now....thanks to my stop. Same goes to usd/chf short and usd/jpy shorts. Im shorting Usd/Chf again @ 0.9740 due to resistance on 4H and daily. SL 40pips above Also long e/u @ 1.3770 SL @ 30pips below
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 10, 2010
Good day everyone. Im still holding my shorts on usd/chf. Moved my SL higher to 0.9730 though. Also still holding my shrots on gbp/jpy. Entered longs on e/u based on 4H and daily charts.. entered at 1.3760 Stop 20pips below today's low. 1st Target ...
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Guys look at USD/JPY 4H... There is a strong resistance area at current price. I was thinking of reentering short GBP/JPY but seems like USD/JPY would be a better choice just in case GBP/USD decides to rally later. Im already short from 81.75 ...
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Price on g/j H4 candle is at resistance which was support (supported twice and broken on the 3rd try and now being tested) Well I do not think the first try will be able to break the strong resistance. Will try to short above the resistance line and ...
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
The next 4Hour candle will be very interesting though. I closed my short for some 15pips. Goin to short g/j again later when it tests the descending TL again
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
G/J 30min candle is just below 200SMA Hopefully the 30min candle can close below the previous candle high Turning point? A few factors pointing downwards. However nothing is certain for sure.
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Looks good to me......might wait a bit more though
I think it will take out 131.00 level. Above 131 level should be ok to short. A strong 50% retracement from the top. Current price is at the top of the descending TL from the top. Im in already ...Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Closed for profits just now.
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Im short on usd/chf on 0.9660 TP 0.9610 SL 0.9710 Based on 4H resistance and 15min candles.
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
GBP/JPY looks good for a long on 15mins But on 4H price is on 50MA. I do expect a bounce off it. On 1H price is on the 200MA. We still have an hour plus b4 the 4H closes. Perhaps the next 1hour candle will be a bullish one?
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Entered a long on usd/chf @ 0.9610 Looking for 0.9670 TP. SL would be 0.9570. Price is at H4 support. Expecting a bounce as previous price action resulted bounce up to prices 0.9670s and above. Any views?
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Actually there were a few reasons I was confident with the trade as G/U 4H candles were on the Trendline and touching and go on the MA50 on the 4Hour Also price went down from the top to the 70% Fibo Level. Since it is strong uptrend on 4H. Price ...
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
I was long on G/U @ 1.6110...and below. I put a stop loss at 1.6040 just in case. Was quite confident with the trade. All positions closed on g/u but as you can see now it istill very bullish.
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 9, 2010
Had a winning trade on short usd/chf today based on H4 candle didnt break higher ( candle body close) on the previous high wick Also had a long profitable gbp/usd trade today based on H4 candle body didnt close lower than the lowest wick. Currently ...
Ken's Continuing Successes with EO's system
- 168ipoh replied Nov 8, 2010
Turning point on 4H charts? — Hi there everyone, Been reading this thread and read the PDF recently. What you guys think about the levels we currently are on Usd/Chf 4H charts and GBP/USD 4H charts. The current Usd/Chf 4H candle has been ...
Ken's Continuing Successes with EO's system