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14 Year Old Forex Trader's Lessons

  • #2,181
  • Oct 12, 2011 12:21am Oct 12, 2011 12:21am
Quoting bumapatria
3660.
Will play a little higher than that, thanks a lot.

Off to sleep
  • #2,182
  • Oct 12, 2011 12:23am Oct 12, 2011 12:23am
Quoting Pbh
Buma, help me out with this one: Where do you think i should place my SL?

I'm open to any ideas, as long as there's no need for me to stay awake.
I am not sure what you trade is, but if you go away, place your SL above/below the latest Swing high/low and at least for half of the amount I would place a Profit target at the previous swing high/low, in my opinion.

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,183
  • Oct 12, 2011 12:25am Oct 12, 2011 12:25am
dow jones tp hit. +20.
Attached Image (click to enlarge)
Click to Enlarge Name: tp hit.gif Size: 82 KB
Have I got something on my face, SOLDIER?
  • #2,184
  • Oct 12, 2011 12:46am Oct 12, 2011 12:46am
Quoting mla
I am not sure what you trade is, but if you go away, place your SL above/below the latest Swing high/low and at least for half of the amount I would place a Profit target at the previous swing high/low, in my opinion.

mLa
Exactly what I did

Bed time now

Pbh
  • #2,185
  • Oct 12, 2011 12:58am Oct 12, 2011 12:58am
closed at be, not confident at all about this.
silver +1.

not safe...

oh look price jumped!
Have I got something on my face, SOLDIER?
  • #2,186
  • Oct 12, 2011 12:58am Oct 12, 2011 12:58am
Bears are getting some slaps at the bottom as usual. It is so good to have an opinion.

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,187
  • Oct 12, 2011 1:02am Oct 12, 2011 1:02am
as i said before, people play tricks here, gotta be careful.

re-enter short as a scout.
at 3680

stop loss at 3700
Have I got something on my face, SOLDIER?
  • #2,188
  • Oct 12, 2011 1:02am Oct 12, 2011 1:02am
short 1.3687
AVT INVENIAM VIAM AVT FACIAM
  • #2,189
  • Oct 12, 2011 1:07am Oct 12, 2011 1:07am
She is going to test at least the 3697

mLa

Now I have "L" as a capital letter, so we would not have further confusion.

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,190
  • Oct 12, 2011 1:08am Oct 12, 2011 1:08am
Quoting the redlion
short 1.3687
Red, so you do not have a SL?

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,191
  • Oct 12, 2011 1:12am Oct 12, 2011 1:12am
Quoting mla
Red, so you do not have a SL?

mLa
not on this one

initial scout
AVT INVENIAM VIAM AVT FACIAM
  • #2,192
  • Oct 12, 2011 1:12am Oct 12, 2011 1:12am
Quoting the redlion
short 1.3687
We had little price rejection on 1.368x but what made you to jump in so fast? I did not get sell signal yet.
  • #2,193
  • Oct 12, 2011 1:12am Oct 12, 2011 1:12am
hm.. taken out.

bulls lets see if u can take out this psycho level.
seems agressive
Have I got something on my face, SOLDIER?
  • #2,194
  • Oct 12, 2011 1:15am Oct 12, 2011 1:15am
ironic,
me and red took same short.

well im stopped out.
hows your scout doing with that jump?
84 pips above daily open.

what happened? any news
Have I got something on my face, SOLDIER?
  • #2,195
  • Oct 12, 2011 1:16am Oct 12, 2011 1:16am
Quoting GoldMan.
We had little price rejection on 1.368x but what made you to jump in so fast? I did not get sell signal yet.
I agree with you.

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,196
  • Oct 12, 2011 1:19am Oct 12, 2011 1:19am
it was natural yet again i should have went long...
i was seeing too much of smaller picture, i zoomed out and saw this. bang, i shoudl have had a long there..

grr...

bias...
Attached Image (click to enlarge)
Click to Enlarge Name: i should.gif Size: 19 KB
Have I got something on my face, SOLDIER?
  • #2,197
  • Oct 12, 2011 1:22am Oct 12, 2011 1:22am
scout may be lost, very little damage, but for now i will watch how this one reacts.


BUMA everything is clearer in hindsight lol
AVT INVENIAM VIAM AVT FACIAM
  • #2,198
  • Oct 12, 2011 1:24am Oct 12, 2011 1:24am
Quoting the redlion
scout may be lost, very little damage, but for now i will watch how this one reacts.


BUMA everything is clearer in hindsight lol
Yes, it is all clear after.

mLa
"The Heart is the hub of all dances; go there and chill out"
  • #2,199
  • Oct 12, 2011 1:28am Oct 12, 2011 1:28am
its perfectly normal anyways, i should have noticed lol. loos of momentum now, loss of acceleration possible accumulation.

no bets for this one lol.
Have I got something on my face, SOLDIER?
  • #2,200
  • Oct 12, 2011 1:30am Oct 12, 2011 1:30am
Quoting bumapatria
its perfectly normal anyways, i should have noticed lol. loos of momentum now, loss of acceleration possible accumulation.

no bets for this one lol.
for three days they tried and seems like it was successful
i am reading reports in GFT that

MAJOR barrier options
and Clusters were taken out 1.3700
AVT INVENIAM VIAM AVT FACIAM
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