14 Year Old Forex Trader's Lessons

Short cable from 5 min pin. I also see selling in this area from previous bars.

Again a demo trade.

US to Decide on More Money-Printing in 2012: Gartman

The chances of a third round of quantitative easing in the US this year have faded to "bordering on nil", unless jobs figures get much worse, Dennis Gartman, author of The Gartman Letter, told CNBC Thursday.


September meeting showed that the committee of twelve policymakers leading the Federal Reserve discussed a third round of quantitative easing, and at least two members said the weakening economy might need it.

The Fed might have one more dove next year but we won't know that until the first meeting, in January
There are concerns that further quantitative easing may cause rising inflation, at a time when US consumers are already facing squeezes on their incomes and increased job insecurity.
Despite two rounds of quantitative easing in the US since the credit crisis began, there are still disagreements about whether it has been effective in the real economy.


http://www.cnbc.com/id/44783091

Nice eye-spotting highlander, looks liek we all sniping haha, demo or live or bananas, or trading wives, its trading, and if you are successful, pat yourself on the back

before all of us come and frenzy-pat you making your nice face full of 'pats' aka slapped

nice highlander

S&P cuts Spain rating by one notch on weak growth





Standard and Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.
S&P, whose move mirrored that by fellow ratings agency Fitch last week, cited high unemployment, tightening credit and high private-sector debt among reasons for cutting the nation's long-term rating to AA- from AA.
At above 21 percent, Spanish unemployment is the highest in the European Union, reflecting a stagnant economy, the collapse of a decade-long housing boom and cuts aimed at reeling in a public sector deficit which reached 11.1 percent of GDP in 2009.
High yields on Spanish government bonds point to concerns that it could be the next euro zone economy to need bailing out after Greece, Ireland and Portugal, although an unpopular austerity program has gone some way to convincing investors that its deficit will fall to 6 percent of GDP this year as promised.

second short implemented 1.3795

@goldman nice,

now im thinking that qe3 might be viable in time, but as like the europe situation, the qe3 itself would be a distraction that 'everything is okay' again. well world's in a mess, stock traders who own stocks arent happy, investors get lower growth of profits in companies, and where we forex traders have is flexibility.

Lets be nimble, flexible, profitable, and intelligent

stopped

I am flat I missed 3 good opportunities.

I guess I am getting old.

mla

Get some food, guns and ammo, carnival just begins

i am underwater bbllblbllblb.... HAA..

phew.. im still safe for now, got that nice ceiling 3820-30.

i wanna swing trade these, so leave tiny gains for now

hold till end of day

something really worries me.. on the daily chart.

will post chart next

We broke the yesterday's high but seems it got burned in there.

She just got at yesterday high.

mla

this is what worries me.

it isnt my bias again is it?

I placed a sell order below last 5m candle.

mla

I am in 3803.

mla

good news for people going short it just hit 161.8% with beautiful rejection, and h1 stochastics bearish divergence.

4 hourly has possible chance of going down with lots of rejections in the area, price not likely to go up.

its going down sorry for false alarm

gosh swing trading has its mood swings huh?

bullish gann angle broken on silver with some confidence.


fake bull hammer on m5 fiber.

Did not like that Pa, I am out @ BE, I feel like I did the wrong thing.