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14 Year Old Forex Trader's Lessons

  • #2,281
  • Oct 12, 2011 7:41am Oct 12, 2011 7:41am
2 buys for scalps.

Reason why:
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  • #2,282
  • Oct 12, 2011 7:45am Oct 12, 2011 7:45am
Second half stopped at BE, made +13 pips with 1st half.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,283
  • Oct 12, 2011 7:46am Oct 12, 2011 7:46am
Quoting GoldMan.
2 buys for scalps.

Reason why:
Easy money
  • #2,284
  • Oct 12, 2011 7:47am Oct 12, 2011 7:47am
Key level on g/u, if price can break above by a decent amount (100pips+) i would look to buy a retrace back down to this level if i get some decent PA setups.

on the other hand if price bobs along under this level and shows weakness i might short.

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  • #2,285
  • Oct 12, 2011 7:48am Oct 12, 2011 7:48am
Quoting GoldMan.
Easy money
good one

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,286
  • Oct 12, 2011 7:58am Oct 12, 2011 7:58am
saw possible profitable trade here. taking short on xag and xau. rejection and respect of expansion level.

see what the x's have for me today, eur usd im done for today... or not.
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Have I got something on my face, SOLDIER?
  • #2,287
  • Oct 12, 2011 8:04am Oct 12, 2011 8:04am
perfect.
caught the spike as well on xag.
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Have I got something on my face, SOLDIER?
  • #2,288
  • Oct 12, 2011 8:29am Oct 12, 2011 8:29am
Hi there, talk to you tomorrow.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,289
  • Oct 12, 2011 8:31am Oct 12, 2011 8:31am
Quoting mla
Hi there, talk to you tomorrow.

mla
u going off mla?

cant stay up late?
Have I got something on my face, SOLDIER?
  • #2,290
  • Oct 12, 2011 8:32am Oct 12, 2011 8:32am
Quoting bumapatria
thanks chazzle.
no problem , and good luck Buma , have a blast
  • #2,291
  • Oct 12, 2011 8:35am Oct 12, 2011 8:35am
trailing stop caught on gold. i honestly dont like it fluctuating too much away from my direction so i put a 2 dollar trailing. and its caught.
good profit though... problem is its still going my way, well thats gold for you.

silver still running.
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Have I got something on my face, SOLDIER?
  • #2,292
  • Oct 12, 2011 8:37am Oct 12, 2011 8:37am
Silver 33 cents drop since my position entry.
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Have I got something on my face, SOLDIER?
  • #2,293
  • Oct 12, 2011 8:38am Oct 12, 2011 8:38am
Quoting chazzle
no problem , and good luck Buma , have a blast
Hey chaz, i havent seen the way you trade, care to show analysis here? and more advice? would love to have even more humble professionals here

most are too busy, or too secretive, too this too that.

please consider

Buma
Have I got something on my face, SOLDIER?
  • #2,294
  • Oct 12, 2011 8:41am Oct 12, 2011 8:41am
Quoting GoldMan.
2 buys for scalps.

Reason why:
Same game plan, don't hold it long.
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  • #2,295
  • Oct 12, 2011 8:43am Oct 12, 2011 8:43am
Quoting GoldMan.
Same game plan, don't hold it long.
goldman, any thoughts on the euro dollar, silvers dropping like a man dropping from a plane. so is gold.

im thinking its a sort of lead as ntrpz also believes, to the currencies pairs movement.

what do you think Mr. Gold?
Have I got something on my face, SOLDIER?
  • #2,296
  • Oct 12, 2011 8:48am Oct 12, 2011 8:48am
Quoting bumapatria
goldman, any thoughts on the euro dollar, silvers dropping like a man dropping from a plane. so is gold.

im thinking its a sort of lead as ntrpz also believes, to the currencies pairs movement.

what do you think Mr. Gold?
eurusd making lower highs, this doesn't look good for bulls.
  • #2,297
  • Oct 12, 2011 8:49am Oct 12, 2011 8:49am
this is what i mean dropping like a man from a plane with no parachute.
until it drops to the ground.
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Have I got something on my face, SOLDIER?
  • #2,298
  • Oct 12, 2011 8:49am Oct 12, 2011 8:49am
Quoting GoldMan.
eurusd making lower highs, this doesn't look good for bulls.
Only good for scalping for me at the moment.
  • #2,299
  • Oct 12, 2011 8:54am Oct 12, 2011 8:54am
Quoting GoldMan.
Only good for scalping for me at the moment.

as in going long or short?

because to me im seeing perfect short opp, but im done trading fiber for now.
Have I got something on my face, SOLDIER?
  • #2,300
  • Oct 12, 2011 8:59am Oct 12, 2011 8:59am
Quoting bumapatria
as in going long or short?

because to me im seeing perfect short opp, but im done trading fiber for now.
http://www.forexfactory.com/showthre...11#post5034611 You can see that I have buy there but now i'm out, it hit 5M supply zone. 30 easy pip's.
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