14 Year Old Forex Trader's Lessons | Page 98 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Journey Of An 18 Year Old FX Trader 16 replies

How old are you, trader? 54 replies

old trader but new learner 4 replies

Attachments: 14 Year Old Forex Trader's Lessons
Exit Attachments

14 Year Old Forex Trader's Lessons

  • #1,941
  • Oct 10, 2011 6:02am Oct 10, 2011 6:02am
Quoting billytt
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
We heard that before. LOL

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,942
  • Oct 10, 2011 6:03am Oct 10, 2011 6:03am
Dow jones analysis so far still in right direction.
eu right but after minor fixups lol.

So mla, it might not only be a scalp.
its something i call overshoot like in murrey math, or overbought/oversold.

when price starts rejecting price psychology and usual dances, thats over-something.

@mla. u got best entry if u enter now lol.

loss of bullish momentum as u can see from my open trades p/l over time, hahaha, and we should see an equal impulse soon.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro analysis.gif Size: 21 KB
Click to Enlarge Name: dow jones analysis.gif Size: 19 KB
Have I got something on my face, SOLDIER?
  • #1,943
  • Oct 10, 2011 6:06am Oct 10, 2011 6:06am
Quoting bumapatria
Dow jones analysis so far still in right direction.
eu right but after minor fixups lol.

So mla, it might not only be a scalp.
its something i call overshoot like in murrey math, or overbought/oversold.

when price starts rejecting price psychology and usual dances, thats over-something.

u got best entry if u enter now lol.
no I am not in, I want to see the bulls trapped first.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,944
  • Oct 10, 2011 6:08am Oct 10, 2011 6:08am
She got a doji at the top, then a bear bar, 2 range bars and 2 bear bars
"The Heart is the hub of all dances; go there and chill out"
  • #1,945
  • Oct 10, 2011 6:12am Oct 10, 2011 6:12am
Bull bar just formed, I am looking for another one. Are you following me?


mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,946
  • Oct 10, 2011 6:12am Oct 10, 2011 6:12am
i was asked a question so i replied with what i would do if i had to lol. my broker has stopped letting me see the 10 min chart of silver so like i say i cant give a figure for silver but it'll chase g/u
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,947
  • Oct 10, 2011 6:14am Oct 10, 2011 6:14am
Quoting billytt
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
ok sure, but i would not take a post of u winning/ taking a position without proof anywhere, or i would have to remove you im sory.

as with everyone else same deal.

uve got my 3 chances in which shouldve been 2 in normal cases. please heed my words well.

i have to be firm now.

Next post on a trade or analysis, please provide chart info and if u have an open trade, i want a chart with that buy/sell line. why u may ask? i want healthy noise here. as i have said before, off-market we can joke talk, and play, but on-market hours we lessen jokes, put up more analysis that would help one another. We need synergy and sense of a team here. We need to be fluid and one.

I hope you understand

i am not picking on you, or bullying you, i would never do something to anyone i wouldnt do to myself. Altruism. It has its limits though, and please for sake of this thread, please heed the rules.
Have I got something on my face, SOLDIER?
  • #1,948
  • Oct 10, 2011 6:18am Oct 10, 2011 6:18am
Quoting mla
Bull bar just formed, I am looking for another one. Are you following me?


mla
I placed my short order 1 pip below the last bull bar, if triggered I am in, You are not following me.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,949
  • Oct 10, 2011 6:22am Oct 10, 2011 6:22am
Quoting mla
I placed my short order 1 pip below the last bull bar, if triggered I am in, You are not following me.

mla
..chart please?
Have I got something on my face, SOLDIER?
  • #1,950
  • Oct 10, 2011 6:22am Oct 10, 2011 6:22am
Quoting mla
I placed my short order 1 pip below the last bull bar, if triggered I am in, You are not following me.

mla
I am following. So if I understand correct you have a sell stop below 1.3590. Correct?
Those who say it cannot be done should not interrupt those who are doing it
  • #1,951
  • Oct 10, 2011 6:24am Oct 10, 2011 6:24am
i have told you many times how i trade when i am doing ibs. it is so simple obviously i normally trade different times from you but you could quite easily look at one of your charts and say i bet billy is on this lol just going off an ib and yes (if) i have traded it and lose and i do lose i will think nothing of doubling up on my next trade and i will compound on my winning trades too. i normally have more trouble adding a chart to this site than i do compiling a trade chart lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,952
  • Oct 10, 2011 6:25am Oct 10, 2011 6:25am
Quoting PipTrapper
I am following. So if I understand correct you have a sell stop below 1.3590. Correct?
1.3586

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,953
  • Oct 10, 2011 6:26am Oct 10, 2011 6:26am
Quoting mla
1.3586

mla
uh chart?
Have I got something on my face, SOLDIER?
  • #1,954
  • Oct 10, 2011 6:26am Oct 10, 2011 6:26am
Quoting bumapatria
..chart please?
Here we go, but you are not following me, I am doing this for you.

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"
  • #1,955
  • Oct 10, 2011 6:27am Oct 10, 2011 6:27am
Quoting billytt
i have told you many times how i trade when i am doing ibs. it is so simple obviously i normally trade different times from you but you could quite easily look at one of your charts and say i bet billy is on this lol just going off an ib and yes (if) i have traded it and lose and i do lose i will think nothing of doubling up on my next trade and i will compound on my winning trades too. i normally have more trouble adding a chart to this site than i do compiling a trade chart lol
i know how you trade. I understand. this thread's purpose though is too SEE as a TEAM WHAT EACH OTHER IS DOING.
ure still not hearing me out.
Have I got something on my face, SOLDIER?
  • #1,956
  • Oct 10, 2011 6:27am Oct 10, 2011 6:27am
if i was going to trade e/u i would go short 13577, have you heard anything about a bond crash
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,957
  • Oct 10, 2011 6:28am Oct 10, 2011 6:28am
Quoting bumapatria
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.

Hey little guy.
Just a little piece of advvice from this old guy.
Supply and demand is essential in trading but it is not the holy grail.
Every SD still needs confirmation b4 pulling the trigger.
What confirmation do you look for?
1. engulfing bar
2. retaking of the breakup or breakdown
3 dont throw away those MA...we still need them for direction
The best MA are 50sma and 200ema and the best is 34 ema channel(close/high/low)..play around with it.
4. Look at the bigger picture

Keep it up ..you have the passion.
I wish my boy is as passionate as you
Just dont give a fuck to your detractors
  • #1,958
  • Oct 10, 2011 6:28am Oct 10, 2011 6:28am
Quoting bumapatria
uh chart?
yes correct. I read the wrong line on the data. 1.3586

..
Attached Image (click to enlarge)
Click to Enlarge Name: eu-m5.gif Size: 23 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #1,959
  • Oct 10, 2011 6:28am Oct 10, 2011 6:28am
She is taking too much time, I am cancelling my order there is not trap there.
It would have been good if she took my order with the 1st bar.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #1,960
  • Oct 10, 2011 6:31am Oct 10, 2011 6:31am
Quoting mla
She is taking too much time, I am cancelling my order there is not trap there.
It would have been good if she took my order with the 1st bar.

mla
yes looks like full flag to me now
Attached Image (click to enlarge)
Click to Enlarge Name: eu-m5.gif Size: 23 KB
Those who say it cannot be done should not interrupt those who are doing it
2 traders viewing now