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14 Year Old Forex Trader's Lessons

  • #1,921
  • Oct 10, 2011 4:49am Oct 10, 2011 4:49am
last night approx 22-00 look at the lil ib i took about 10 pips on a dip but as i said i was expecting it to raise so at approx midnight i went long and then again approx 03-00. this was more or less mirrored with silver. i keep telling you all i trade SIMPLE
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,922
  • Oct 10, 2011 4:57am Oct 10, 2011 4:57am
Quoting billytt
last night approx 22-00 look at the lil ib i took about 10 pips on a dip but as i said i was expecting it to raise so at approx midnight i went long and then again approx 03-00. this was more or less mirrored with silver. i keep telling you all i trade SIMPLE
ok cool nice
wheres the silver trade?
have any statements? u can crop the unnecessary details.

lol dudes i messed up eu and only measurements i got right are the gold and dow lolz.
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Have I got something on my face, SOLDIER?
  • #1,923
  • Oct 10, 2011 4:59am Oct 10, 2011 4:59am
now its that waiting game for my tp to be hit, or not to be hit.

i have a somewhat confidence in doing this so i honestly believe so.
Have I got something on my face, SOLDIER?
  • #1,924
  • Oct 10, 2011 5:01am Oct 10, 2011 5:01am
sometimes i go onto 15 min time frame then make my high and low starting at different hourly times ie not at for instance 01-00 but maybe 01-15 until 02-15 0r change to 10 min time frame and do 01-10 until 02-10 and i'll make my own resistance/support levels when i,m in the mood these i think are your supply demand levels. i will see what has just happened and if i got it down as a future trade i'll go for ir irrespective of the trend. YOU CAN HAVE A TREND WITHIN TREND like you can have AN ELLIOT WAVE WITHIN AN ELLIOT WAVE it gets contradicting lol but keep it simple. dont ever think you know the markets no one does go off odds and percentages
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,925
  • Oct 10, 2011 5:05am Oct 10, 2011 5:05am
Quoting billytt
sometimes i go onto 15 min time frame then make my high and low starting at different hourly times ie not at for instance 01-00 but maybe 01-15 until 02-15 0r change to 10 min time frame and do 01-10 until 02-10 and i'll make my own resistance/support levels when i,m in the mood these i think are your supply demand levels. i will see what has just happened and if i got it down as a future trade i'll go for ir irrespective of the trend. YOU CAN HAVE A TREND WITHIN TREND like you can have AN ELLIOT WAVE WITHIN AN ELLIOT WAVE it gets contradicting...
great analysis, but the purpose of this thread is also visual proof and something visual so you can backup ur statements. i really need a chart billy, i have mentioned that if posting setups or results, one needs a chart or proof.
Have I got something on my face, SOLDIER?
  • #1,926
  • Oct 10, 2011 5:07am Oct 10, 2011 5:07am
as for supplying a statement, i could quite easy fake a statement so i am not going to supply one lol but i did make about 200 english pounds
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,927
  • Oct 10, 2011 5:13am Oct 10, 2011 5:13am
Quoting billytt
as for supplying a statement, i could quite easy fake a statement so i am not going to supply one lol but i did make about 200 english pounds
so a chart?



billy... god im going impatient lol.
i want strict rules to be abided and if not... yeah the answer u can guess.
i really dont want to do that billy, ure good dude here, but you need to abide with the preset rules.

i need a chart with your open trade on silver, for the sake of my thread. please, billy. its not that hard.

like me and mla, we post our charts along with our opinions. Piptrapper! goldman! redlion! they do too.

please u are a member of this thread, at least abide its rules
Have I got something on my face, SOLDIER?
  • #1,928
  • Oct 10, 2011 5:24am Oct 10, 2011 5:24am
Quoting mla
Hey Buma,

Did you How depressed are those traders on the other side.

mla
that is gramaticlaly incorrect sentence lol, and i didnt get it.
Have I got something on my face, SOLDIER?
  • #1,929
  • Oct 10, 2011 5:28am Oct 10, 2011 5:28am
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SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,930
  • Oct 10, 2011 5:33am Oct 10, 2011 5:33am
last chart, the bottom 2 horizontal lines represent an hourly high and low of a and so do the top 2 lines. my third trade was about 4ish, i did have a loss last night but i dont talk about losing lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,931
  • Oct 10, 2011 5:39am Oct 10, 2011 5:39am
Quoting billytt
Attachment
Bill
That is not an alive trade.

Where di you get in?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,932
  • Oct 10, 2011 5:41am Oct 10, 2011 5:41am
You too are funny.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,933
  • Oct 10, 2011 5:41am Oct 10, 2011 5:41am
3600. this is it. the moment were waiting for.

yep. breaking through people would most probs panic buy, holding around it would mean panic sell aka i will make profit.

it still aint a gamble. i hate dollar stops, but ill have to use it. if i suffer a $200 loss iw ill be fine. this is over profit so i am totally cool with it.

its still around the $90 floating loss. not a bad condition.
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Have I got something on my face, SOLDIER?
  • #1,934
  • Oct 10, 2011 5:48am Oct 10, 2011 5:48am
originally approx 11-50 last night. i have told you what i do so perhaps you can just watch it on your own charts. This last 2 hours you can see we have ibs but i am not trading. i dont over trade but i am (expecting) g.u and silver to drop and thats going off rsi alone.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,935
  • Oct 10, 2011 5:51am Oct 10, 2011 5:51am
Quoting billytt
originally approx 11-50 last night. i have told you what i do so perhaps you can just watch it on your own charts. This last 2 hours you can see we have ibs but i am not trading. i dont over trade but i am (expecting) g.u and silver to drop and thats going off rsi alone.
Bill, we do not believe you any more. LOL
SHOW US THE PIC. LOL

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,936
  • Oct 10, 2011 5:52am Oct 10, 2011 5:52am
Quoting billytt
originally approx 11-50 last night. i have told you what i do so perhaps you can just watch it on your own charts. This last 2 hours you can see we have ibs but i am not trading. i dont over trade but i am (expecting) g.u and silver to drop and thats going off rsi alone.
billy. next trade, i want you to post a chart on the opening of that trade. when u post, because this is a thread of knowledge. the very sanctum of it. To help others, it would really help with a chart of a live trade.

i could also post charts and say i traded. im sure you are not lying but you get my point. i hope.



@Mla, that was ur perspective i would prefer u say 'i'.
Have I got something on my face, SOLDIER?
  • #1,937
  • Oct 10, 2011 5:54am Oct 10, 2011 5:54am
Quoting bumapatria
billy. next trade, i want you to post a chart on the opening of that trade. when u post, because this is a thread of knowledge. the very sanctum of it. To help others, it would really help with a chart of a live trade.

i could also post charts and say i traded. im sure you are not lying but you get my point. i hope.



@Mla, that was ur perspective i would prefer u say 'i'.
You should not hope in trading. LOL LOL.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,938
  • Oct 10, 2011 5:57am Oct 10, 2011 5:57am
loss of momentum from $90 floating loss now at $80. somewher there. Impulse, but will it hold for the usd bulls to revenge on stupid euro bulls?
lol haha u can calculate momentum from floating p/l as well

dont copy this ever.
its a delicate process that shouldnt be copied without knowledge of why im leaving them open.

this is a winner im still positive.
not dumb positive emotionally hoping for at trade to go your way, but from my analysis its still in the right direction.
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Have I got something on my face, SOLDIER?
  • #1,939
  • Oct 10, 2011 6:00am Oct 10, 2011 6:00am
Lets focus on this trade, lets see if we can short her at least for a scalp.

She pulled a bit

mla
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"The Heart is the hub of all dances; go there and chill out"
  • #1,940
  • Oct 10, 2011 6:01am Oct 10, 2011 6:01am
if i had to make a trade it would be short on g/u being triggered at 15631. i would also expect silver to drop as well but i have nothing to prove this yet. i dont over trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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