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14 Year Old Forex Trader's Lessons

  • #1,101
  • Sep 30, 2011 8:01am Sep 30, 2011 8:01am
Quoting billytt
have a good weekend everyone, be careful with the e/u Tedge, your right it looks good but i can see it doing retrace a bit to kill off little traders stop losses; happy trading happy days
i'll keep me beady on it Billyboy have a good weekend til Monday
  • #1,102
  • Sep 30, 2011 8:08am Sep 30, 2011 8:08am
i think i'll leave it until next week that is e/u like i say i dont trade this way too often but i may change my mind after i see 16-30 close and see what info i have at 21-00 hours this evening, but i will be chasing the aud/usd sun night it owes me one lol, have a good weekend. i am now gonna look for that imaginary bs line, i'll probably end up on shutter island lol.. happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,103
  • Sep 30, 2011 8:52am Sep 30, 2011 8:52am
yo dudes back from jiujitusu,

seeing good profit from the random trade on eur/cad and eu.

$$$$



im loving it.

NOT Mcdonalds...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcad.gif Size: 22 KB
Click to Enlarge Name: eur.gif Size: 21 KB
Have I got something on my face, SOLDIER?
  • #1,104
  • Sep 30, 2011 8:57am Sep 30, 2011 8:57am
average day today...

180 pips profit on both.

good to know that my style works on anything. Price action, psychology, impulse, momentum accumulation, sup/dem, what drives markets are all the same.

Im feeling good today
Attached Image (click to enlarge)
Click to Enlarge Name: stuff.gif Size: 19 KB
Have I got something on my face, SOLDIER?
  • #1,105
  • Sep 30, 2011 9:00am Sep 30, 2011 9:00am
trailing stops set

now i chill..

btw dudes i got a 98% on unit test on accounting.

:nerd:
Have I got something on my face, SOLDIER?
  • #1,106
  • Sep 30, 2011 9:07am Sep 30, 2011 9:07am
lol your funny Buma, said in the best possible way. it doesn't always go that way,, thats what i'm always trying to convey to people i like to trade and try and bust the stop loss guys upstairs. i am currently playing with g/u and was half tempted to play e/u but hey ho i,ve had a good day and good week sort of 5% up i think,, or started with 200 and now got 1320 actually its 500% lol. happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,107
  • Sep 30, 2011 9:07am Sep 30, 2011 9:07am
Quoting bumapatria
trailing stops set

now i chill..

btw dudes i got a 98% on unit test on accounting.

:nerd:
great to chill Bumawell done,you have a great future, now have a well deserved beer.........oh soz you carnt,,,anyway have a good wknd.
  • #1,108
  • Sep 30, 2011 9:11am Sep 30, 2011 9:11am
Quoting Tedge UK
great to chill Bumawell done,you have a great future, now have a well deserved beer.........oh soz you carnt,,,anyway have a good wknd.
thanks tedge! lol i hate beer man. Its icky.. imho...
thanks man u too,

All of u good weekedns..


I will try to post more neurosurgeries on weekends. THats when i can do that kinda shit.
Have I got something on my face, SOLDIER?
  • #1,109
  • Sep 30, 2011 9:40am Sep 30, 2011 9:40am
still here just doing the paper work , my new levels are r1 15703 s115550 AND r1 15632 s115586 duh thats for g/u, anyway folks i go off 2 lots of resistances/supports ( actually sometimes 3) see how they play, happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,110
  • Sep 30, 2011 10:02am Sep 30, 2011 10:02am
just added a new tool to my toolbox. Harmonic price patterns. damn i just did that on supply, and saw the euro momentum diminishing on eur/cad and sold.

its real good on my side.

Have I got something on my face, SOLDIER?
  • #1,111
  • Sep 30, 2011 10:14am Sep 30, 2011 10:14am
OCTOBER!!!

this threads been going that long!!1

keep up the good work guys. remain focused, dont become complacent, keep up with strategey, and be open to new knowledge always. no matter what. what matters is applying the knowledge or not.

so i wish u all happy weeekend, and more growth in ur trading carreers.
Have I got something on my face, SOLDIER?
  • #1,112
  • Sep 30, 2011 10:37am Sep 30, 2011 10:37am
Quoting bumapatria
OCTOBER!!!

this threads been going that long!!1

keep up the good work guys. remain focused, dont become complacent, keep up with strategey, and be open to new knowledge always. no matter what. what matters is applying the knowledge or not.

so i wish u all happy weeekend, and more growth in ur trading carreers.
Happy weekend Buma. Take care
Those who say it cannot be done should not interrupt those who are doing it
  • #1,113
  • Sep 30, 2011 12:29pm Sep 30, 2011 12:29pm
Quoting bumapatria
yo dudes back from jiujitusu,

seeing good profit from the random trade on eur/cad and eu.

$$$$
Ur eur/cad trade makes sense but..

whats about ur fiber green box ? and why did you enter ur fiber entry at that level anyway ? was it just emotions or momentum was bearish ?
  • #1,114
  • Sep 30, 2011 12:37pm Sep 30, 2011 12:37pm
Quoting bumapatria
Yeah, and try micro account first is the best idea for it. Start with lots of 0.04 less. Once you double, then you can start 0.10 lots and above.

Good luck man,

And to your college life
You could even do better than that with OandA's trading platform. They trade in units not lots and one unit = .0001 lots so you could start trading with as little as $10 and work your way up as your account grows. You can't use MT4 until you hit .01 lots but you could have a MT4 practice account for charting and trade on their other trading platform.
  • #1,115
  • Sep 30, 2011 12:50pm Sep 30, 2011 12:50pm
Quoting jaws810
You could even do better than that with OandA's trading platform. They trade in units not lots and one unit = .0001 lots so you could start trading with as little as $10 and work your way up as your account grows. You can't use MT4 until you hit .01 lots but you could have a MT4 practice account for charting and trade on their other trading platform.
wow what on earth?

even though $10 to trade. thats a little low, and u need somewhat high leverage no?

lol. im not going to deposit that low
Have I got something on my face, SOLDIER?
  • #1,116
  • Sep 30, 2011 12:52pm Sep 30, 2011 12:52pm
Quoting ohh
Ur eur/cad trade makes sense but..

whats about ur fiber green box ? and why did you enter ur fiber entry at that level anyway ? was it just emotions or momentum was bearish ?
no man. I dont enter based on emotion. I observe the way price moves, the momentum, the impulse, accumulation, rejections, acceleration, deceleration, etc.

If u really want to learn, i'll make another webinar ohh.


u aint gonna learn much with me talkin.
Have I got something on my face, SOLDIER?
  • #1,117
  • Edited 1:09pm Sep 30, 2011 12:57pm | Edited 1:09pm
heres my eu trade.

To those confused of my entry, i basically saw a supply level that held, and saw some accumulation (consolidation) of the next possible momentum, which was in my prediction, a bearish one. Plus i had this fibo fan convergence

ADD:Ignore zigzag, thats just to help me on harmonic price patterns
Attached Image (click to enlarge)
Click to Enlarge Name: fiber.gif Size: 47 KB
Have I got something on my face, SOLDIER?
  • #1,118
  • Edited 1:37pm Sep 30, 2011 1:24pm | Edited 1:37pm
Quoting bumapatria
heres my eu trade.

To those confused of my entry, i basically saw a supply level that held, and saw some accumulation (consolidation) of the next possible momentum, which was in my prediction, a bearish one. Plus i had this fibo fan convergence

ADD:Ignore zigzag, thats just to help me on harmonic price patterns
By supply level you mean resistance i suppose (as S/D are higher TF)
from your webinar when u took fiber short is sounded/felt that way u didnt care if that goes up or not .. like " uhh actually whatever ill make short scalp here lets see what happens and i will use SL this time for risk "

edit: looking your 1H fiber chart then ur entry wasnt so bad at all. i was just waiting bigger retrace thats all..
BTW if i look Daily aud/usd then it looks more likely go below 9600 level since daily candle is pretty deep and redish and even when u take weekly chart then u can see it has lots of more room to drop.. so i have no freaking clue how to trade it.. arghh
  • #1,119
  • Sep 30, 2011 1:27pm Sep 30, 2011 1:27pm
possible bullish bat formation, rejection of bearish momentum, possible bullish impulse next week. possible holding of demand level.
Just remember that with every possibility/probability there is that equal risk of it going the other way. Don't predict only, but analyze the markets.

maybe my tight trailing stop going to be hit if this wave comes.
Attached Image (click to enlarge)
Click to Enlarge Name: possible bullish bat and retrcement.gif Size: 50 KB
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  • #1,120
  • Sep 30, 2011 1:44pm Sep 30, 2011 1:44pm
examples for newbies. If you dont know harmonic price patterns, ignore the blue triangles.look at the supply and demand levels. see how supply demand, and price action is used. Can u see the main momentum and the impulses? can you see accumulation?

if not, ill make another webinar for the law of motion. and more sup/dem, and maybe harmonics if we have the time.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: crude oil light sweet.gif Size: 25 KB
Click to Enlarge Name: fiber2.gif Size: 37 KB
Have I got something on my face, SOLDIER?
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