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14 Year Old Forex Trader's Lessons

  • #2,701
  • Oct 14, 2011 12:08am Oct 14, 2011 12:08am
Quoting bumapatria
its not explicit its all men making funny stuff
s**t, my eyes
  • #2,702
  • Oct 14, 2011 12:13am Oct 14, 2011 12:13am
morning all.

I missed this nice 5min engulfing bar at a key res/supply level on cable. But at the moment this is the sort of thing im looking for.

Comment if you wish.

Also I set orders in my live account t o buy NZD/USD but wasn't filled.
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  • #2,703
  • Oct 14, 2011 12:15am Oct 14, 2011 12:15am
-Holding
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  • #2,704
  • Oct 14, 2011 12:19am Oct 14, 2011 12:19am
Quoting highlander2
morning all.

I missed this nice 5min engulfing bar at a key res/supply level on cable. But at the moment this is the sort of thing im looking for.

Comment if you wish.

Also I set orders in my live account t o buy NZD/USD but wasn't filled.
Engulfing patterns in my view are good, but needed to be supported by a bounce from support/resistance levels where previously have shown some strength.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,705
  • Oct 14, 2011 12:23am Oct 14, 2011 12:23am
Someone has tried multiple time frame trading with 6 timeframes (M1, M5, M15, M30, H1 and H4) ? Had this idea yesterday when went to sleep and trying it out now. Helps you to really see the big picture but still too soon to comment.
  • #2,706
  • Oct 14, 2011 12:26am Oct 14, 2011 12:26am
A bullish bulls flag is forming, but I like to see a test a previous leg. Well if I miss it I miss it.

mla
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"The Heart is the hub of all dances; go there and chill out"
  • #2,707
  • Oct 14, 2011 12:30am Oct 14, 2011 12:30am
Quoting GoldMan.
Someone has tried multiple time frame trading with 6 timeframes (M1, M5, M15, M30, H1 and H4) ? Had this idea yesterday when went to sleep and trying it out now. Helps you to really see the big picture but still too soon to comment.
No, I did not try that. I know it sound strange, but for me looking at the a bigger time frame does not help. But let us know what you came up with.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,708
  • Oct 14, 2011 12:34am Oct 14, 2011 12:34am
Looks like a nice breakout. Opinions?
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  • #2,709
  • Oct 14, 2011 12:34am Oct 14, 2011 12:34am
Quoting mla
A bullish bulls flag is forming, but I like to see a test a previous leg. Well if I miss it I miss it.

mla
And I thought I missed it, but this time I was right, she went back and through it.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,710
  • Oct 14, 2011 12:39am Oct 14, 2011 12:39am
Quoting Pbh
Looks like a nice breakout. Opinions?
She went down a bit, but myself some how I am not convinced, I am not going
against it tough unless I see further confirmation. What do you think?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,711
  • Oct 14, 2011 12:40am Oct 14, 2011 12:40am
back, and me and pedro is kicking ass already

i believe that we would have a long way to go down, hence the early positions today


euro and cable on +1 stop loss,

and gold and silver is lagging for now, euro and cable make first moves.
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Have I got something on my face, SOLDIER?
  • #2,712
  • Oct 14, 2011 12:44am Oct 14, 2011 12:44am
Quoting bumapatria
back, and me and pedro is kicking ass already


euro and cable on +1 stop loss,

and gold and silver is lagging for now, euro and cable make first moves.
Good one, I missed this one.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,713
  • Oct 14, 2011 12:47am Oct 14, 2011 12:47am
Quoting mla
Good one, I missed this one.

mla
yaeh man, i was a little aggresive this time, no sniping, morning is hard to predict price, im used to fast thinking and stagnant slow sluggish moves are boring lol.

does anyone here trade the swissie?
Have I got something on my face, SOLDIER?
  • #2,714
  • Oct 14, 2011 12:50am Oct 14, 2011 12:50am
congrats to pedro for his 4v, he really does deserve it has great technique on fundamental analysis, i have never seen quite it and he astounds me about market cycle and news, and he HAS NEVER used technical anlaysis till now.

damn, if hes using it now, hes gonna make heckloadof pips huh?

good luck and congrats to pedro!
Have I got something on my face, SOLDIER?
  • #2,715
  • Oct 14, 2011 12:51am Oct 14, 2011 12:51am
Quoting bumapatria
yaeh man, i was a little aggresive this time, no sniping, morning is hard to predict price, im used to fast thinking and stagnant slow sluggish moves are boring lol.

does anyone here trade the swissie?
I agree totally with that. Scalping has took my focus away, there was a clear second entry for me that did not see. Never mind, learning curve.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,716
  • Oct 14, 2011 12:55am Oct 14, 2011 12:55am
both cable and dollar short stopped out +1.

sivler and gold still running, i wil look to enter on the impulse's end.
Have I got something on my face, SOLDIER?
  • #2,717
  • Oct 14, 2011 1:01am Oct 14, 2011 1:01am
lets get a retest of the broken gann line and supply and that would be my re-entry.i cant hold my sniping insticts must snipe.

i see tiny supply of one bull vs bear candle so maybe that but its low risk anyway.

will shrot once clear signs of hunting comes
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Have I got something on my face, SOLDIER?
  • #2,718
  • Oct 14, 2011 1:05am Oct 14, 2011 1:05am
Quoting bumapatria
lets get a retest of the broken gann line and supply and that would be my re-entry.i cant hold my sniping insticts must snipe.

i see tiny supply of one bull vs bear candle so maybe that but its low risk anyway.

will shrot once clear signs of hunting comes
Did you take your profit on the shorts?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #2,719
  • Oct 14, 2011 1:09am Oct 14, 2011 1:09am
just woke up

interesting view in the euro.

price was rejected off 1.3810 and consequently also rejected off of the daily open.

currently traveling upward attempting a re test but seems to be losing steam now. i will short this one with a scout and wait.
AVT INVENIAM VIAM AVT FACIAM
  • #2,720
  • Oct 14, 2011 1:09am Oct 14, 2011 1:09am
short now.

rejection 2ouble wicks.
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Have I got something on my face, SOLDIER?
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