14 Year Old Forex Trader's Lessons | Page 104 | 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

  • #2,061
  • Oct 11, 2011 5:09am Oct 11, 2011 5:09am
Dow panic buy. panic buy.

watch ur trades.

Watch ur shorts, have no sl, Then feckin put one on profit or BE.

expect buying.
Attached Image (click to enlarge)
Click to Enlarge Name: sow panic buy.gif Size: 82 KB
Have I got something on my face, SOLDIER?
  • #2,062
  • Oct 11, 2011 5:11am Oct 11, 2011 5:11am
Quoting the redlion
sorry mla real time picture would have been catastrophic as it would have slowed me down, however buma is my witness.

here is a hindsight picture, i look at QUOTES so i can see when the market stalls and when it breaks through i told buma 1.20 is key

it broke through it bounced and the quotes confirmed diminished buying pressure, usually after a breakthrough there is a bounce so i took the opportunity, to salvage my losing trade as i saw the BID flooring i bailed with a good profit

Attachment
Way to go!
Don't just beat the markets, leave bruises.
  • #2,063
  • Oct 11, 2011 5:11am Oct 11, 2011 5:11am
Quoting the redlion
the floor is the resistance mla usually after a breakthrough we see a bounce, i looked when the quotes stop eating liquidity on the ASK once the price was matching heavy on the BID i pulled the trigger, as the Frenzy slowed down i bailed.
Good stuff, mate. Well done.

I can see that you doing very well. Is it too complicated to trade this way?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,064
  • Oct 11, 2011 5:16am Oct 11, 2011 5:16am
read fti post and you will find out, he is the master

but depends if you are wrong you can chop off your head so it is crucial to rescue at the right time and recognize if your rescue was unsuccessful, ie if bulls had shown hand i would have waited, bears broke through so it was an easier deal, the trick is to hold stead fast and have the psychology not to panic
AVT INVENIAM VIAM AVT FACIAM
  • #2,065
  • Oct 11, 2011 5:18am Oct 11, 2011 5:18am
Quoting the redlion
the floor is the resistance mla usually after a breakthrough we see a bounce, i looked when the quotes stop eating liquidity on the ASK once the price was matching heavy on the BID i pulled the trigger, as the Frenzy slowed down i bailed.
Also, How can you see the marker depth of the bid and ask prices?
I cannot see that with my broker.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,066
  • Oct 11, 2011 5:20am Oct 11, 2011 5:20am
he calls it 'easy'.
red, go explain ;

reentry on dow and eu.
psycho levels hit.

people now selling.
Attached Image (click to enlarge)
Click to Enlarge Name: sow panic buy.gif Size: 82 KB
Have I got something on my face, SOLDIER?
  • #2,067
  • Oct 11, 2011 5:21am Oct 11, 2011 5:21am
Quoting mla
Also, I can you see the marker depth of the bid and ask prices?
I cannot see that with my broker.

mla
yes you can mla, just have a tick chart open and/or the quote board, keep in mind that the price moves on consumption of liquidity, and you should be set, you see the tick happens BEFORE you can see on your five minute, the five min is the measure of the quotes in the span of that time
AVT INVENIAM VIAM AVT FACIAM
  • #2,068
  • Oct 11, 2011 5:24am Oct 11, 2011 5:24am
Quoting the redlion
yes you can mla, just have a tick chart open and/or the quote board, keep in mind that the price moves on consumption of liquidity, and you should be set, you see the tick happens BEFORE you can see on your five minute, the five min is the measure of the quotes in the span of that time
Yup, ever since then i pull up a tick chart, and guess how i went short
Have I got something on my face, SOLDIER?
  • #2,069
  • Oct 11, 2011 5:26am Oct 11, 2011 5:26am
Quoting the redlion
yes you can mla, just have a tick chart open and/or the quote board, keep in mind that the price moves on consumption of liquidity, and you should be set, you see the tick happens BEFORE you can see on your five minute, the five min is the measure of the quotes in the span of that time
Yes I see, that is interesting.

I have the FTI Thread Teaching Manual. (word document)

Do you think it will be any use going through it?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,070
  • Oct 11, 2011 5:28am Oct 11, 2011 5:28am
The glory.


Psycho-levels trading at work
accurate, precise, profitable.

if right.
its something knowing sup/res, or sup/dem, or pivot points, its something else knowing where people buy and sell.
Attached Image (click to enlarge)
Click to Enlarge Name: ah... the glory.gif Size: 82 KB
Have I got something on my face, SOLDIER?
  • #2,071
  • Oct 11, 2011 5:29am Oct 11, 2011 5:29am
yes mla, his followers are a little weird they shun anything that is not EXACTLY LIKE FTI but.....you gotta understand he was market maker spot fx, at tier one interbank and CEO of a tier one bank in Singapore, top dog in strategic arbitrage.

once you read his name, you can research him, the clue is to reserach Wilders he trained fti, so you can see a brief article, the very least you can get is KNOWLEDGE ON HOW THE BIG BOYS trade and how the fx spot market is structured from the market maker point of view.

i OWE EVERYTHING I KNOW to him.
AVT INVENIAM VIAM AVT FACIAM
  • #2,072
  • Oct 11, 2011 5:39am Oct 11, 2011 5:39am
Quoting the redlion
yes mla, his followers are a little weird they shun anything that is not EXACTLY LIKE FTI but.....you gotta understand he was market maker spot fx, at tier one interbank and CEO of a tier one bank in Singapore, top dog in strategic arbitrage.

once you read his name, you can research him, the clue is to reserach Wilders he trained fti, so you can see a brief article, the very least you can get is KNOWLEDGE ON HOW THE BIG BOYS trade and how the fx spot market is structured from the market maker point of view.

i OWE EVERYTHING I KNOW to him....
Very well, so in this word document that I have, will there be detailed how he suggests to enter and exit trades?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,073
  • Oct 11, 2011 5:41am Oct 11, 2011 5:41am
i dont know how much is in the word document but read the thread, i assure you you will not waste your time.
AVT INVENIAM VIAM AVT FACIAM
  • #2,074
  • Oct 11, 2011 5:46am Oct 11, 2011 5:46am
Quoting the redlion
i dont know how much is in the word document but read the thread, i assure you you will not waste your time.
I thank you for your kindness and passion towards life, and for that I offer you my first vouch.

your mate
mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,075
  • Oct 11, 2011 5:51am Oct 11, 2011 5:51am
psych buyers level on silver, will it hold?

psych buyer level as well on eu will it hold?
f-ing hell they would for now.

its accumulation.
Attached Image (click to enlarge)
Click to Enlarge Name: psych levels.gif Size: 75 KB
Have I got something on my face, SOLDIER?
  • #2,076
  • Oct 11, 2011 6:03am Oct 11, 2011 6:03am
Guns loaded.
silver buyers getting raped.
Attached Image (click to enlarge)
Click to Enlarge Name: yes.gif Size: 77 KB
Have I got something on my face, SOLDIER?
  • #2,077
  • Oct 11, 2011 9:59am Oct 11, 2011 9:59am
I guess your all sleeping. I got blackberry sorted.I am currently refurbing a house in north london and I don't have electricity only a mobile generator plus its dusty lol hence the reason I have no laptop plus I got spare batteries for fone. Keep up the good trading
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #2,078
  • Oct 11, 2011 10:06am Oct 11, 2011 10:06am
let's see if we can catch up at the london close
Attached Image (click to enlarge)
Click to Enlarge Name: suicide 3.jpg Size: 101 KB
  • #2,079
  • Oct 11, 2011 10:15am Oct 11, 2011 10:15am
Quoting Pbh
let's see if we can catch up at the london close
blew right through the roof.

good thing i caught my share of shorts.
Have I got something on my face, SOLDIER?
  • #2,080
  • Oct 11, 2011 10:17am Oct 11, 2011 10:17am
Great respect for psycho-levels here, despite volatility.

im in with silver short.
Attached Image (click to enlarge)
Click to Enlarge Name: respect.gif Size: 74 KB
Have I got something on my face, SOLDIER?
6 traders viewing now