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14 Year Old Forex Trader's Lessons

  • #1,881
  • Oct 9, 2011 7:14pm Oct 9, 2011 7:14pm
S&P ASX 200 up by a half of a percent,
Euro yen up by 18 pips from the open,
aussie up 28 pips from daily open.
Nasdaq futures and dow futures somewhere between +10-50 points forgot lol.

People buying against the buck for now. FOR NOW.
Have I got something on my face, SOLDIER?
  • #1,882
  • Oct 9, 2011 7:22pm Oct 9, 2011 7:22pm
here is the same-ass chart.
Oh look red on skype told me he longed around same area lol and have 2 pips away tp from mine haha

here is the progress.
Attached Image (click to enlarge)
Click to Enlarge Name: same ass chart.gif Size: 28 KB
Have I got something on my face, SOLDIER?
  • #1,883
  • Oct 9, 2011 7:28pm Oct 9, 2011 7:28pm
i really REALLY wanna know how you measure demand and supply? using normal curves? I'm a economics student so that intrigue me baddddd. I know when demand > Supply the pair goes up and viceversa but i cant get a good measure or a way to measure. The last time I used S/D was with thomas demark DJ projections......
  • #1,884
  • Oct 9, 2011 7:47pm Oct 9, 2011 7:47pm
Quoting gino32
i really REALLY wanna know how you measure demand and supply? using normal curves? I'm a economics student so that intrigue me baddddd. I know when demand > Supply the pair goes up and viceversa but i cant get a good measure or a way to measure. The last time I used S/D was with thomas demark DJ projections......
yo dude its real simple. Here is an example:
A drawing i made for you, and a realtime example.
here is a live trade im doing.

For the members of thread, i am done longing +15 now im short
The writing is to prove ITS THE SAME CHART, WITH REAL TRADES IM TAKING.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: supdem.png Size: 16 KB
Click to Enlarge Name: shorting eu.gif Size: 28 KB
Have I got something on my face, SOLDIER?
  • #1,885
  • Oct 9, 2011 8:04pm Oct 9, 2011 8:04pm
short stop loss caught.

DOW In almost perfect sell now. we see though. its still panic buy in asian session.

im putting limit orders on eu and dow.
Have I got something on my face, SOLDIER?
  • #1,886
  • Oct 9, 2011 8:21pm Oct 9, 2011 8:21pm
The hunt begins.

I took nice shot on long +15 = 0.02 lot is $3.00
Long on gold = $0.20

Net = $3.20

Loss on short: $4.50

To BE no p/l= $1.30
equivalent to 13 pips on 0.01 lot.
equivalent to 6.5 pips on 0.02 lot.
equivalent to 4.3 pips on 0.03 lot.

I am short on both with 0.03.

The real hunt is on now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hunt is on.gif Size: 36 KB
Click to Enlarge Name: hunt no 2.gif Size: 29 KB
Have I got something on my face, SOLDIER?
  • #1,887
  • Oct 9, 2011 8:41pm Oct 9, 2011 8:41pm
Quoting bumapatria
yo dude its real simple. Here is an example:
A drawing i made for you, and a realtime example.
here is a live trade im doing.

For the members of thread, i am done longing +15 now im short
The writing is to prove ITS THE SAME CHART, WITH REAL TRADES IM TAKING.
tnx! Its just S/R + breakthrough what you call Supply and Demand.... I got it tnx..!
  • #1,888
  • Oct 9, 2011 8:44pm Oct 9, 2011 8:44pm
Gold sell limit.



Explanation on chart as usual.
Hunt is really on now.

Oil also near supply.
and all the shit i usually do.

will only do dow, eu, and gold.
Attached Image (click to enlarge)
Click to Enlarge Name: short gold.gif Size: 32 KB
Have I got something on my face, SOLDIER?
  • #1,889
  • Oct 9, 2011 9:04pm Oct 9, 2011 9:04pm
news came out on dexia granted 90 bn. Belgium guarantees 60.5%.
Have I got something on my face, SOLDIER?
  • #1,890
  • Oct 9, 2011 9:20pm Oct 9, 2011 9:20pm
Quoting bumapatria
Gold sell limit.



Explanation on chart as usual.
Hunt is really on now.

Oil also near supply.
and all the shit i usually do.

will only do dow, eu, and gold.
I see you didn't take profits. deja-vu.

Ok, this is what I'm expecting to happen. Today's a day with really low liquidity, I think we should see the market stalling or up until london open. After that, I'll give y'all my opinion.

Pbh
  • #1,891
  • Oct 9, 2011 9:54pm Oct 9, 2011 9:54pm
Quoting Pbh
I see you didn't take profits. deja-vu.

Ok, this is what I'm expecting to happen. Today's a day with really low liquidity, I think we should see the market stalling or up until london open. After that, I'll give y'all my opinion.

Pbh
sure dude. its asian open duh... lol.

see ya later.
Have I got something on my face, SOLDIER?
  • #1,892
  • Oct 9, 2011 10:51pm Oct 9, 2011 10:51pm
Quoting bumapatria
sure dude. its asian open duh... lol.

see ya later.
You're the smart ass after all lol

Pbh
  • #1,893
  • Oct 9, 2011 11:19pm Oct 9, 2011 11:19pm
Quoting Pbh
You're the smart ass after all lol

Pbh
haha, u could say that.
watch out for my analysis, post urs and im thinking ur a potential new member here, so please respect those who have stayed, i would have no problem kicking u out for the team, coz this is a tight team. any negative liability will be taken out with ease. Done 2wice. dont be the third
Have I got something on my face, SOLDIER?
  • #1,894
  • Oct 9, 2011 11:30pm Oct 9, 2011 11:30pm
Quoting bumapatria
haha, u could say that.
watch out for my analysis, post urs and im thinking ur a potential new member here, so please respect those who have stayed, i would have no problem kicking u out for the team, coz this is a tight team. any negative liability will be taken out with ease. Done 2wice. dont be the third
Will do, my friend. Hybrid, remember, open minded

Hello traders, let me introduce myself. Pedro Blas, this is an amazing thread. I hope I can be well recieved. The kid above has warned me about saying silly things. So, I'll try to do my best (don't kick me out today).

Pbh
  • #1,895
  • Oct 10, 2011 12:09am Oct 10, 2011 12:09am
Trade now:

Bullet hit the target, lets see if my prey falls.
Attached Image (click to enlarge)
Click to Enlarge Name: stuffs.gif Size: 27 KB
Have I got something on my face, SOLDIER?
  • #1,896
  • Oct 10, 2011 12:19am Oct 10, 2011 12:19am
mla where r u?

whats ur setup?
Have I got something on my face, SOLDIER?
  • #1,897
  • Oct 10, 2011 12:29am Oct 10, 2011 12:29am
forget minor fluctuations here and there.
take your side, trade it.

a' a'. dont even flip a coin lol.

to me these are the probability ratios:

Short: Normal ratio: 5/10.
Supply level +1
Gann ressitance +1
Fibonaci 161.8 golden ratio expansion +1
pinbar + 0.025
law of motion + 0.50.

thats around: 9.75/10 for me.
for profit, so i dont mean it going to make u rich. japan and ny closed today. be careful.

in that case i would put a -2 for the usd bulls missing.

so its about 7.75/10.

Longs:
Supply:-1
Fibonaci expansion golden ratio hit:-1
pinbar:-1
missing usd bulls: +2
loss of momentum in law of motion: -.50

so longs are around: 4.5/10.

they're speculative.

be careful.
Have I got something on my face, SOLDIER?
  • #1,898
  • Oct 10, 2011 1:05am Oct 10, 2011 1:05am
current position.
This is low risk entry rather than waiting for double top to form and stuff, and know it was never one.

target down.
we'll see if it stays down.
Attached Image (click to enlarge)
Click to Enlarge Name: current standing.gif Size: 24 KB
Have I got something on my face, SOLDIER?
  • #1,899
  • Oct 10, 2011 1:29am Oct 10, 2011 1:29am
Quoting bumapatria
mla where r u?

whats ur setup?
Hi Buma

I am back.

I am having a very frustrating day with those brokers (again).
And I missed the run with eurusd. I will keep you posted.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,900
  • Oct 10, 2011 1:34am Oct 10, 2011 1:34am
the original eu thread is full of bullies no offence ure right mla. u try to tell them something, they bug u with shit lol. i saw some novice longers and stuff so far.

anyways i cant be always right. we'll see.
Have I got something on my face, SOLDIER?
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