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14 Year Old Forex Trader's Lessons

  • #1,661
  • Oct 7, 2011 3:30am Oct 7, 2011 3:30am
Socialism has its cons.
Have I got something on my face, SOLDIER?
  • #1,662
  • Oct 7, 2011 3:31am Oct 7, 2011 3:31am
morning all, Mia asked if you need to know where she is going to make money. i n my opinion and i trade by it NO you dont i speak for my self here as i know my trading system. i have read a lot of positive things here and the trader needs to know their own system and how to handle set backs. Yes we know which currencies are falling but how many people will get wiped out , even with good knowledge some traders cannot trade anyway my 2 trades very early this morning came off fruitful. happy trading happy days
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,663
  • Oct 7, 2011 3:34am Oct 7, 2011 3:34am
Quoting the redlion
http://pragcap.com/resources/underst...onetary-system

check it out nice read

in fiat currency with floating exchange rates and elastic money supply macro economics are different than keynesian, or austrian school.

but to the ECB which is not a CENTRAL BANK as the FED is due to its fragmentation, and it has to answer to Bundesbank and other national banks, it creates the money but it is not he monopoly manipulator and creator of the fiat currency so the Euro acts like gold.

trade imbalances among the EZ nations,...
Uhhfu, very heavy for me.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,664
  • Oct 7, 2011 3:36am Oct 7, 2011 3:36am
silvers dropping atm.

BILLY!! MY X friend!!!
we're the xag/xau deadly duet!

im short on gold currently
Attached Image (click to enlarge)
Click to Enlarge Name: look at silver here.gif Size: 15 KB
Have I got something on my face, SOLDIER?
  • #1,665
  • Oct 7, 2011 3:40am Oct 7, 2011 3:40am
Quoting bumapatria
silvers dropping atm.

BILLY!! MY X friend!!!
we're the xag/xau deadly duet!

im short on gold currently
Hey Buma, on your chart can you show the candle that you got in, your charts are not clear to me, sorry.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,666
  • Oct 7, 2011 3:43am Oct 7, 2011 3:43am
Morning Buma, i picked up 49 pips on g/u i normally go for 40 when i'm not at pc and i picked up about 20 on silver. to tell truth i shouldn't be trading silver i honestly think it'll clean ne out unless i do some serious studying of it lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,667
  • Oct 7, 2011 3:47am Oct 7, 2011 3:47am
gold trade chart for our friend
billy


lol billy, silver is more dangerous than gold..

ever heard the term silver bullet?

we are the werewolves..
one shot... BANG.. .were dead..

Gold bullet...
not as painful for us werewolves lol
Attached Image (click to enlarge)
Click to Enlarge Name: gold for billy.gif Size: 21 KB
Have I got something on my face, SOLDIER?
  • #1,668
  • Oct 7, 2011 3:50am Oct 7, 2011 3:50am
@Mla,

here is is mate.

that was silver,
here is the gold short atm.
Attached Image (click to enlarge)
Click to Enlarge Name: here is gold.gif Size: 27 KB
Have I got something on my face, SOLDIER?
  • #1,669
  • Oct 7, 2011 3:52am Oct 7, 2011 3:52am
my oil sell stop hit.

I show u analysis 2 hours ago, and the now.


THIS IS TRUE RESPECT OF PsYCHOLEVELS IN PLaY.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: oil 2.gif Size: 26 KB
Have I got something on my face, SOLDIER?
  • #1,670
  • Oct 7, 2011 3:53am Oct 7, 2011 3:53am
gold now on trailing stop of 300 gold pips.
Have I got something on my face, SOLDIER?
  • #1,671
  • Oct 7, 2011 3:55am Oct 7, 2011 3:55am
thanks for advice Buma, i live in the fast lane so to speak. i dont trade irresponsibly thats why i say i need to study silver if it can be beat i'll do it. i like to trade with the odds on my side and get it over with quick lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,672
  • Oct 7, 2011 4:02am Oct 7, 2011 4:02am
Quoting billytt
thanks for advice Buma, i live in the fast lane so to speak. i dont trade irresponsibly thats why i say i need to study silver if it can be beat i'll do it. i like to trade with the odds on my side and get it over with quick lol
same here mate. i once just watched gold and silver while i just trade euro dollar. just waaatching it...

now i feel like they are good for me
Have I got something on my face, SOLDIER?
  • #1,673
  • Oct 7, 2011 4:02am Oct 7, 2011 4:02am
i took a look at your gold chart Buma and got more sense out of it holding it upside down lol. if you dont mind i'm gonna print it and frame it. It does make sense though it is full of different information but for me i'll go the simple way
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,674
  • Oct 7, 2011 4:14am Oct 7, 2011 4:14am
Quoting billytt
i took a look at your gold chart Buma and got more sense out of it holding it upside down lol. if you dont mind i'm gonna print it and frame it. It does make sense though it is full of different information but for me i'll go the simple way
i call it a healthy mess.

stuff like lame indis are NOT a healthy mess
Have I got something on my face, SOLDIER?
  • #1,675
  • Oct 7, 2011 4:15am Oct 7, 2011 4:15am
A possible double bottom bull flag forming.

mla
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 30 KB
"The Heart is the hub of all dances; go there and chill out"
  • #1,676
  • Oct 7, 2011 4:16am Oct 7, 2011 4:16am
lame what ??????
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,677
  • Oct 7, 2011 4:17am Oct 7, 2011 4:17am
mia, your chart looks like it got head n shoulder on too
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,678
  • Oct 7, 2011 4:23am Oct 7, 2011 4:23am
Quoting billytt
lame what ??????
like this:

buy on all blue, sell on all red. use m1. lol hahahha.

some stuff i compiled months ago...
Attached Image (click to enlarge)
Click to Enlarge Name: lolz.gif Size: 16 KB
Have I got something on my face, SOLDIER?
  • #1,679
  • Oct 7, 2011 4:24am Oct 7, 2011 4:24am
Quoting billytt
mia, your chart looks like it got head n shoulder on too
Yes, the bearish one.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,680
  • Oct 7, 2011 4:27am Oct 7, 2011 4:27am
will need to see price action at next psycho level.
bulls broken for now.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 28 KB
Have I got something on my face, SOLDIER?
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