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14 Year Old Forex Trader's Lessons

  • #2,601
  • Oct 13, 2011 10:23am Oct 13, 2011 10:23am
Quoting bumapatria
WTF??!

i thot i was the only assassin around here!
great! we got plenty of snipers here!

nrtprz im talking to him on skype, man he is trading this on 1m time frames selling and buying like its a game!

im so happy today

we all assassin the stupids lol.

nice johnny, right at the wick.

hold till 3725. supply level.
Well, I got sniped on the last trade, but coming back with a new round at a new level. I think we are just going to retest the pivot before heading back down. Down still off, gold down, this is good news from Slovakia for 5 minutes since it was priced in.
  • #2,602
  • Oct 13, 2011 10:38am Oct 13, 2011 10:38am
Quoting huskyboy
i longed @ 1.3707
careful mr. husky i admire your non-biased view and that enough i can see that you can trade both sides with comfort

rejection high wick on euro usd, i re-entered gold short

johnny toldya level would hold

thinking of closing some now?
Have I got something on my face, SOLDIER?
  • #2,603
  • Oct 13, 2011 11:04am Oct 13, 2011 11:04am
Good night asia pacific, good afternoon uk, good mrning us.

im done posting for the day

great day for me.
Have I got something on my face, SOLDIER?
  • #2,604
  • Oct 13, 2011 11:06am Oct 13, 2011 11:06am
Quoting bumapatria
Good night asia pacific, good afternoon uk, good mrning us.

im done posting for the day

great day for me.
Good morning Buma.. or good night.
  • #2,605
  • Oct 13, 2011 11:07am Oct 13, 2011 11:07am
Dow Jones has a story I can't fully repost or get a link on saying that the Euro rally has been 80% short covering. That it will likely shortly run out of steam if it hasn't already because none of the fundamental facts has changed. A little good news started it, then it unwound the massive short positions.
  • #2,606
  • Oct 13, 2011 11:11am Oct 13, 2011 11:11am
Quoting Anewr
Good morning Buma.. or good night.
that would be night anewr

have a good read of thread, any questions pm me, or better post in thread, ill answer asap
Have I got something on my face, SOLDIER?
  • #2,607
  • Oct 13, 2011 11:41am Oct 13, 2011 11:41am
REscued gold short! drawdown -700 points closed at +25. phew...

stochastics helped me here spotting divergence and closed out on profit.

RESCUE!!!

i thank redlion for showing me the mehods of this, and i thank fti, for showing red

im sad he is in bad situation right now, and taking break from forum posting... i hope he is okay

btw im not sleeping yet

arrows on chart show entry and exit...
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Have I got something on my face, SOLDIER?
  • #2,608
  • Oct 13, 2011 11:45am Oct 13, 2011 11:45am
Quoting bumapatria
careful mr. husky i admire your non-biased view and that enough i can see that you can trade both sides with comfort

rejection high wick on euro usd, i re-entered gold short

johnny toldya level would hold

thinking of closing some now?

sorry for late respons, dinner time. Didn't manage that trade very well, out sl at be, still learning to handle live trades but one off my first rules is to place my sl asap at be, so ....I was right at the direction and would have reached my tp so another experience but no gain.
  • #2,609
  • Oct 13, 2011 11:50am Oct 13, 2011 11:50am
Quoting huskyboy
sorry for late respons, dinner time. Didn't manage that trade very well, out sl at be, still learning to handle live trades but one off my first rules is to place my sl asap at be, so ....I was right at the direction and would have reached my tp so another experience but no gain.
learn to take profit, dont let a winning trade become a loser or nothing in my opinion. use a trailing stop if needed, or tight stop loss. for me profit is what i got, and im not going to lose it you know? but hey BE is not bad, no hit, no gain.

u just feel safer knowing u earned with stop loss or trailing stop
Have I got something on my face, SOLDIER?
  • #2,610
  • Oct 13, 2011 11:53am Oct 13, 2011 11:53am
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  • #2,611
  • Oct 13, 2011 11:56am Oct 13, 2011 11:56am
Quoting Pbh
i am betting and max-leveraging my bet that those blue channels are indicator made

ones you draw are fine btw

good dude

whats the tdi indicator? what does it indicate? how does it help you in trading? do you know its formula?

well ,if u dont take it off
Have I got something on my face, SOLDIER?
  • #2,612
  • Oct 13, 2011 12:00pm Oct 13, 2011 12:00pm
i believe its only fair that i show you guys my results on gold:
here are the closed tickets. notice small earnings, because i scale out of positions

no time to count pips lol a lot for daily trading gold like 2000 points today. at least i guess.

a lot of trades taken in one day huh?

i aint a scalper. if i was a scalper i wouldnt trade 79 pips for eurusd.
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Have I got something on my face, SOLDIER?
  • #2,613
  • Oct 13, 2011 12:03pm Oct 13, 2011 12:03pm
Quoting bumapatria

whats the tdi indicator? what does it indicate? how does it help you in trading? do you know its formula?

well ,if u dont take it off
Easy questions, easy answers

TDI indicator - Definition: Red-green indicator (one of those you love )

What does it indicate: Buy if the green line breaks the red one and sell if the red one breaks the green one.

How does it help you in trading? just trend defining

do you know its formula? nope

Want to take it off? sure buddy
  • #2,614
  • Oct 13, 2011 12:11pm Oct 13, 2011 12:11pm
Quoting Pbh
Easy questions, easy answers

TDI indicator - Definition: Red-green indicator (one of those you love )

What does it indicate: Buy if the green line breaks the red one and sell if the red one breaks the green one.

How does it help you in trading? just trend defining

do you know its formula? nope

Want to take it off? sure buddy
peddro pedro... dont define trend like that man! that is b/s (in my opnion) buy green sell red? big no no, rethink this one out dude, i dont regret my vouch for ur wisdom, but when it comes to Ta, it aint the system, or indicator its price and wtf u do with it lolz. so um.. i suggest for trend indicating use movign average u got, and for possible change use some divergence thing like stochs or macd. if u dont know what is divergence ill giveu the brief
Have I got something on my face, SOLDIER?
  • #2,615
  • Oct 13, 2011 12:20pm Oct 13, 2011 12:20pm
Quoting bumapatria
i suggest for trend indicating use movign average u got, and for possible change use some divergence thing like stochs or macd. if u dont know what is divergence ill giveu the brief
Thanks for the advice
  • #2,616
  • Oct 13, 2011 12:21pm Oct 13, 2011 12:21pm
i am nuts but making a lot doing this

gold buy sell, buy sell..

im not stopping yet lol. just exited 80 points buy, now in a short.

Have I got something on my face, SOLDIER?
  • #2,617
  • Oct 13, 2011 12:32pm Oct 13, 2011 12:32pm
EFSF's Regling says there is no risk of a downgrade for EFSF at moment
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  • #2,618
  • Oct 13, 2011 12:35pm Oct 13, 2011 12:35pm
Rescuing gold short
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Have I got something on my face, SOLDIER?
  • #2,619
  • Oct 13, 2011 12:39pm Oct 13, 2011 12:39pm
.........................
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  • #2,620
  • Oct 13, 2011 12:43pm Oct 13, 2011 12:43pm
Quoting Pbh
.........................
take caution maybe look for sell or wait it out
Have I got something on my face, SOLDIER?
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