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14 Year Old Forex Trader's Lessons

  • #801
  • Sep 26, 2011 9:42pm Sep 26, 2011 9:42pm
She just broke important levels the way up.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #802
  • Sep 26, 2011 10:22pm Sep 26, 2011 10:22pm
Quoting mla
She just broke important levels the way up.

mla
which one ?
  • #803
  • Sep 26, 2011 10:33pm Sep 26, 2011 10:33pm
Quoting Link
which one ?
My hourly bearish TL (view on the 15tf pic) and now she is pulling back toward it.

mla
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 29 KB
"The Heart is the hub of all dances; go there and chill out"
  • #804
  • Sep 26, 2011 10:41pm Sep 26, 2011 10:41pm
Quoting mla
My hourly bearish TL (view on the 15tf pic) and now she is pulling back toward it.

mla
Its not broken yet. Sometime that market do touch and go further on trend line, but it doesn mean it has break it. Im still bearish on Eur/USD....... but you might also be right.

This time I will say : best of luck for me
  • #805
  • Sep 26, 2011 10:49pm Sep 26, 2011 10:49pm
Quoting Link
Its not broken yet. Sometime that market do touch and go further on trend line, but it doesn mean it has break it. Im still bearish on Eur/USD....... but you might also be right.

This time I will say : best of luck for me
No no you are right.

I am not long I just said that she broke and now she is back below.

I think you are on the right wave being short, for now, be nibble.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #806
  • Sep 27, 2011 3:28am Sep 27, 2011 3:28am
All equity indices are up.
Commodities are up.
Gold is up.
USD is up.

All looks good, but Euro is falling.

Hmmmmm. That's all I'm going to say as I do not want to draw any conclusions from this. Just a heads up to keep an eye out.
Those who say it cannot be done should not interrupt those who are doing it
  • #807
  • Sep 27, 2011 3:46am Sep 27, 2011 3:46am
Hi guys, sorry couldnt reply all day... real stupid internet...

made good pips shorting cable, and eu in the early morning, wnated to post setup but couldnt show u dudes.


Have I got something on my face, SOLDIER?
  • #808
  • Sep 27, 2011 3:48am Sep 27, 2011 3:48am
eu down because its still ranging market in my perspective.
Have I got something on my face, SOLDIER?
  • #809
  • Sep 27, 2011 3:48am Sep 27, 2011 3:48am
Crazy PA at the moment, for me entering a trade now is just gambling.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #810
  • Sep 27, 2011 3:55am Sep 27, 2011 3:55am
Quoting mla
Crazy PA at the moment, for me entering a trade now is just gambling.

mla
same here. Im just seeing movements.

Have I got something on my face, SOLDIER?
  • #811
  • Sep 27, 2011 4:02am Sep 27, 2011 4:02am
to me right now its a demand level, but im predicting this would be bouced upon
Have I got something on my face, SOLDIER?
  • #812
  • Sep 27, 2011 4:10am Sep 27, 2011 4:10am
Im now long:

risky.. its demand though.
Attached Image (click to enlarge)
Click to Enlarge Name: demand.gif Size: 16 KB
Have I got something on my face, SOLDIER?
  • #813
  • Sep 27, 2011 4:10am Sep 27, 2011 4:10am
Quoting highlander2


Ok I'm taking it, but looking for it to come lower before I buy,

Pending Buy limit at 1.3467

SL at 1.3348

TP at 1.3758 (for now)
i have manually entered long at 1.3488,

this is based on a daily chart rather than an intraday setup SL and TP ar basically the same.

it may work, it my not, its not really important either way..

h2
  • #814
  • Sep 27, 2011 4:20am Sep 27, 2011 4:20am
I switched to 1m TF from 5mTF, entered @1.3487 with SL 1.3479 and now my
SL is @ BE.

I do not know why but I feel this is going to go higher, that is why this time I am not covering partial profits.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #815
  • Sep 27, 2011 4:20am Sep 27, 2011 4:20am
Quoting highlander2
i have manually entered long at 1.3488,

this is based on a daily chart rather than an intraday setup SL and TP ar basically the same.

it may work, it my not, its not really important either way..

h2
nicely placed
Have I got something on my face, SOLDIER?
  • #816
  • Sep 27, 2011 4:22am Sep 27, 2011 4:22am
Quoting mla
I switched to 1m TF from 5mTF, entered @1.3487 with SL 1.3479 and now my
SL is @ BE.

I do not know why but I feel this is going to go higher, that is why this time I am not covering partial profits.

mla
i might have to re-enter mate. my sl s +1 and a little late from u dudes.
Have I got something on my face, SOLDIER?
  • #817
  • Sep 27, 2011 4:48am Sep 27, 2011 4:48am
What time zones are you fellas trading in-what about the double tops in EURUSD/GBUSD in the morning session-are you fellas mainly in the USA?
  • #818
  • Sep 27, 2011 4:53am Sep 27, 2011 4:53am
Quoting bootsyjam
What time zones are you fellas trading in-what about the double tops in EURUSD/GBUSD in the morning session-are you fellas mainly in the USA?
weve got a diversity here.

some indonesians, some americans.

its a community
Have I got something on my face, SOLDIER?
  • #819
  • Sep 27, 2011 4:58am Sep 27, 2011 4:58am
You meant double bottoms my friend
i get confused too sometimes..

i say its credible way up. divergence on macd H4 tf, and price action is killing supply, so yeah, way up!
Have I got something on my face, SOLDIER?
  • #820
  • Sep 27, 2011 5:02am Sep 27, 2011 5:02am
mla is an australian if im not wrong
Have I got something on my face, SOLDIER?
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