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14 Year Old Forex Trader's Lessons

  • #661
  • Sep 26, 2011 6:06am Sep 26, 2011 6:06am
@Piptrapper,

where do you live?

it must be nice tommorow to have that nice moisture after the long rain.
Have I got something on my face, SOLDIER?
  • #662
  • Sep 26, 2011 6:07am Sep 26, 2011 6:07am
I am very pissed off with myself because I missed this set up: is a counter trade to the pull back in the direction of the main trend.

Works like this: Pulls back, then she breaks the trendline of the pullback and then pulls back to the tendline, and here was very clear because she formed a kind of pin bar.

Never mind, I was not focused.

mla
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"The Heart is the hub of all dances; go there and chill out"
  • #663
  • Sep 26, 2011 6:08am Sep 26, 2011 6:08am
Quoting mla
I am very pissed off with myself because I missed this set up: is a counter trade to the pull back in the direction of the main trend.

Works like this: Pulls back, then she breaks the trendline of the pullback and then pulls back to the tendline, and here was very clear because she formed a kind of pin bar.

Never mind, I was not focused.

mla
you don't need to catch anything. Thank yourself you noticed it.
UPDATE: we are now standing at friday's bullish open, creating a doji on the daily chart
Have I got something on my face, SOLDIER?
  • #664
  • Sep 26, 2011 6:14am Sep 26, 2011 6:14am
elliot wave count from my perspective.
At the end of this, we shall wait for it to move a bit to supply to re-enter.

i will post the supply chart after this:
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #665
  • Sep 26, 2011 6:17am Sep 26, 2011 6:17am
here is the supply zone where sellers have stepped in twice. I have a twitch that this supply will hold because of the whole downtrend atmosphere. im thinkin if anything happens out of prediction this could fly to 3590. in my ichimoku predictions on the h4, and lines up with supply levels.
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Have I got something on my face, SOLDIER?
  • #666
  • Sep 26, 2011 6:18am Sep 26, 2011 6:18am
Quoting bumapatria
you don't need to catch anything. Thank yourself you noticed it.
UPDATE: we are now standing at friday's bullish open, creating a doji on the daily chart
You are right. I moved on already.

Cheers
mla
"The Heart is the hub of all dances; go there and chill out"
  • #667
  • Sep 26, 2011 6:25am Sep 26, 2011 6:25am
Oil is up, europe is up, Milan is up 4%? Something is going on.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #668
  • Sep 26, 2011 6:26am Sep 26, 2011 6:26am
Rejection?
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Have I got something on my face, SOLDIER?
  • #669
  • Sep 26, 2011 6:39am Sep 26, 2011 6:39am
Quoting bumapatria
Rejection?
She is thinking, she is not sure with who she want to go with.

For short, I will wait for a break out of the steeper trendline, then for a test of the high extreme or the formation of an higher low. That is me anyway.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #670
  • Sep 26, 2011 6:51am Sep 26, 2011 6:51am
im getting a feeling that the neurosurgery i performed few days ago makes this a bullish impulse wave to the bearish momentum wave.

I reentered sometime ago.

ADD: might need to liquidate position early. I need to learn to enjoy profit stop loss.
Have I got something on my face, SOLDIER?
  • #671
  • Sep 26, 2011 6:59am Sep 26, 2011 6:59am
Quoting GoldMan.
S&D zones are areas where you can expect more activity from sellers or buyers but for me more important is trend strenght. For example when you look 1H chart and you see nice bullish candle, now this 1 bullish candle may seem to be strong but it is important to measure it with 5M or 1M candles, they show how strong this 1H bullish candle actually is. Start with this simple thing, then you understand that chart with no indicators is not actually boring.
...
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  • #672
  • Sep 26, 2011 7:01am Sep 26, 2011 7:01am
the PB is getting deeper

mla
"The Heart is the hub of all dances; go there and chill out"
  • #673
  • Sep 26, 2011 7:08am Sep 26, 2011 7:08am
Quoting GoldMan.
...
Interesting view. Not boring at all. Much better, because you can feel the pulse.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #674
  • Sep 26, 2011 7:13am Sep 26, 2011 7:13am
Quoting GoldMan.
...
those are open?
Have I got something on my face, SOLDIER?
  • #675
  • Sep 26, 2011 7:14am Sep 26, 2011 7:14am
Quoting mla
the PB is getting deeper

mla
which tf are you looking at?
Have I got something on my face, SOLDIER?
  • #676
  • Sep 26, 2011 7:16am Sep 26, 2011 7:16am
Quoting bumapatria
which tf are you looking at?
5 tf.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #677
  • Sep 26, 2011 7:16am Sep 26, 2011 7:16am
Quoting bumapatria
those are open?
Of course, just little scalps, not planning to hold them long.
  • #678
  • Sep 26, 2011 7:18am Sep 26, 2011 7:18am
Now, she just reached an important bullish trendline and I feel she is getting ready to dance.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #679
  • Sep 26, 2011 7:31am Sep 26, 2011 7:31am
Quoting mla
Now, she just reached an important bullish trendline and I feel she is getting ready to dance.

mla
all steam ahead!

my long is waiting
Have I got something on my face, SOLDIER?
  • #680
  • Sep 26, 2011 7:36am Sep 26, 2011 7:36am
a bit of indecision there

mla
"The Heart is the hub of all dances; go there and chill out"
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