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14 Year Old Forex Trader's Lessons

  • #1,061
  • Sep 30, 2011 5:25am Sep 30, 2011 5:25am
yes indeed, i had 2 bottles. i dont normally drink champers but last night it tasted sooooo good, all this talk about eating italian is making me hungry. i just been looking at the e/u and i just cannot get into it meaning i just dont have the feel so i may give it a miss ( its probably the champagne) lol. i'm already 180 pips up for today so i'll eat then re take a look. happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,062
  • Sep 30, 2011 5:39am Sep 30, 2011 5:39am
Quoting billytt
yes indeed, i had 2 bottles. i dont normally drink champers but last night it tasted sooooo good, all this talk about eating italian is making me hungry. i just been looking at the e/u and i just cannot get into it meaning i just dont have the feel so i may give it a miss ( its probably the champagne) lol. i'm already 180 pips up for today so i'll eat then re take a look. happy trading happy days
Is this done by scalping (the 180 pips) on a live account?
mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,063
  • Sep 30, 2011 5:45am Sep 30, 2011 5:45am
yo dudes, i have never tasted champagne.

How does it differ to whisky or wine?

i have drank those for leisure, and is controlled. I never got drunk

Have I got something on my face, SOLDIER?
  • #1,064
  • Sep 30, 2011 5:48am Sep 30, 2011 5:48am
Just reminder, the webinar-meeting thing is in 15 mins.

http://www.anymeeting.com/drainthemarket1
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Have I got something on my face, SOLDIER?
  • #1,065
  • Sep 30, 2011 5:53am Sep 30, 2011 5:53am
Quoting bumapatria
yo dudes, i have never tasted champagne.

How does it differ to whisky or wine?

i have drank those for leisure, and is controlled. I never got drunk

Sorry, you need to be 18 before we can talk. It's against the law.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,066
  • Sep 30, 2011 5:53am Sep 30, 2011 5:53am
Buma you should still be on milk lol. i prefer wing or beer to champagne but yesterday i had the taste of of it mmmmm. Mia i trade live i do it for a living even though i am a bodyguard, If i was a millionaire i'd still do it , i luv looking after folks. Yesterday i hit approx 150 pips or maybe a tad less on e/u this i guess was scalping, it was bouncing around a resistance level so i profited but it involved me sitting at the laptop lol. Last night i set e/u to a sell and once i had 100 or was it 90 pips sold them, i wsnt being greedy lol. With the other 2 g/u and g/j i just went off a certain time and cashed in, sometimes this doesnt always work but it is my best method. happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,067
  • Sep 30, 2011 5:55am Sep 30, 2011 5:55am
http://www.anymeeting.com/drainthemarket1

is on now



please join
Have I got something on my face, SOLDIER?
  • #1,068
  • Sep 30, 2011 5:57am Sep 30, 2011 5:57am
The German upper house approved the EFSF expansion, and the Euro started falling again.

I say the bulls just got their prairie oysters chopped off.

We shall see what happens on US open. Remember it is month and quater end so SP500 and DJIA may see lots of bidding but I don't expect any more than a choppy market at best.

Although I must admit I would love to see the 1.36 handle again so I can place another short
.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,069
  • Sep 30, 2011 5:59am Sep 30, 2011 5:59am
Quoting billytt
Buma you should still be on milk lol. i prefer wing or beer to champagne but yesterday i had the taste of of it mmmmm. Mia i trade live i do it for a living even though i am a bodyguard, If i was a millionaire i'd still do it , i luv looking after folks. Yesterday i hit approx 150 pips or maybe a tad less on e/u this i guess was scalping, it was bouncing around a resistance level so i profited but it involved me sitting at the laptop lol. Last night i set e/u to a sell and once i had 100 or was it 90 pips sold them, i wsnt being greedy lol. With...
I am interested to see how you do it, can you show it to us marked on the charts how you did it?

cheers
mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,070
  • Sep 30, 2011 6:22am Sep 30, 2011 6:22am
i'll have to get the wife to copy a diagram lol. An example,,,, todays g/u which i haven't traded this way is my resistance 1 is 15750 and support 1 is 15576 that is based on uk closing at 16-30, i also have another r1 being 15694 and s1 15520 this is based on midnight time, and now the hard bit lol i mix n match. i would of been up today had i traded that would've been more scalping than proper trading. My other trading way is using no indies just time and i go off past history as in percentages and odds, all that stuff is in my head and i will trade against trend, with trend and if i told the actual way i trade i,d be run out of the room lol or i should sau taken apart happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,071
  • Sep 30, 2011 6:33am Sep 30, 2011 6:33am
amendment to last post, i said i dont trade??? i mean i didnt trade this way today. on the e/u my r1 is 13707 s1 13548 s2 13454 that is 16-30 closing and the midnight closing is r1 15750 s1 15576 s2 15472, i have only told you Mia because you asked i do not normally post this sort of stuff lol especially in anothers thread but hey ha happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,072
  • Sep 30, 2011 6:42am Sep 30, 2011 6:42am
Sorry Billytt but I don't understand what you are trying to say.
Maybe when you post the diagram I will understand.
Cheers mate
Those who say it cannot be done should not interrupt those who are doing it
  • #1,073
  • Sep 30, 2011 6:46am Sep 30, 2011 6:46am
Quoting billytt
amendment to last post, i said i dont trade??? i mean i didnt trade this way today. on the e/u my r1 is 13707 s1 13548 s2 13454 that is 16-30 closing and the midnight closing is r1 15750 s1 15576 s2 15472, i have only told you Mia because you asked i do not normally post this sort of stuff lol especially in anothers thread but hey ha happy trading happy days
No worries, is because you sound like such a top trader, so we can all learn from such an experience man. Producing 150 pips a day is not easy and as you said it takes a lot of work. I admire you.

It is so good to have you on this thread, you input is so valuable to all of us, just do not drink a lot of champagne.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,074
  • Sep 30, 2011 6:54am Sep 30, 2011 6:54am
awwww i nearly went sooo emotional lol, i basically trade using 2 different resistances and supports going off uk closing time and midnight closing maybe thats how them cloud things work lol. but i dont always use this method as i prefer the easy time one happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,075
  • Sep 30, 2011 6:59am Sep 30, 2011 6:59am
Quoting billytt
awwww i nearly went sooo emotional lol, i basically trade using 2 different resistances and supports going off uk closing time and midnight closing maybe thats how them cloud things work lol. but i dont always use this method as i prefer the easy time one happy trading happy days
Thank for your replay, I have only one question for you if you do not mind, because it is not clear to me.
When you draw the hourly bullish trendline, do you draw it above or below the line that is not there?
Now I always get confused about this, could you help me with that? I thank you in advance.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,076
  • Sep 30, 2011 6:59am Sep 30, 2011 6:59am
My position trades so far.
Periscope down.
The order at 1.3716 is a sell limit order that never got triggered.. dammit!!!
.
Attached Image (click to enlarge)
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Those who say it cannot be done should not interrupt those who are doing it
  • #1,077
  • Sep 30, 2011 7:03am Sep 30, 2011 7:03am
Quoting PipTrapper
My position trades so far.
Periscope down.
The order at 1.3716 is a sell limit order that never got triggered.. dammit!!!
.
Why is that?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,078
  • Sep 30, 2011 7:06am Sep 30, 2011 7:06am
Quoting mla
Why is that?

mla
Price never went up that far.
but I have 3 good positions built.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,079
  • Sep 30, 2011 7:10am Sep 30, 2011 7:10am
erm erm on my screen right now and i'm talking gsp/usd i have a 50 ema line and also r1 15750 s1 15576 s2 15472 at 16-50 closing AND r1 15694 s1 15520 s2 15444. yes i have 2 resistance 1 and 2 support 2.. and currently its playing around r1 of 15576
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,080
  • Sep 30, 2011 7:11am Sep 30, 2011 7:11am
Quoting PipTrapper
Price never went up that far.
but I have 3 good positions built.
Ok, that is alright then.

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