14 Year Old Forex Trader's Lessons | Page 160 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Journey Of An 18 Year Old FX Trader 16 replies

How old are you, trader? 54 replies

old trader but new learner 4 replies

Attachments: 14 Year Old Forex Trader's Lessons
Exit Attachments

14 Year Old Forex Trader's Lessons

  • #3,181
  • Oct 17, 2011 3:37am Oct 17, 2011 3:37am
Quoting the redlion
what makes you think it HAS TO REACH 1.40?

remain objective buma
red, im talking bout zone. 4000 can mean 3952, 3993, 3760..

daily supply is feckin up there..

being objective is going with trend, not going against it like a contrarian which i did so far.

That is objective...

oh... red got owned...
what now?

Have I got something on my face, SOLDIER?
  • #3,182
  • Oct 17, 2011 3:48am Oct 17, 2011 3:48am
so you are assuming that because you draw a line saying that .4000 is SUPPLY area it magically has to gravitate there?

i might agree with you that that area might have a lot of stops and limit orders.
However dont just believe that it HAS to get there, watch what is going on RIGHT NOW. and how its moving, protect your capital from eventualities
AVT INVENIAM VIAM AVT FACIAM
  • #3,183
  • Oct 17, 2011 3:56am Oct 17, 2011 3:56am
Quoting the redlion
so you are assuming that because you draw a line saying that .4000 is SUPPLY area it magically has to gravitate there?

i might agree with you that that area might have a lot of stops and limit orders.
However dont just believe that it HAS to get there, watch what is going on RIGHT NOW. and how its moving, protect your capital from eventualities

red. u still dont get my point. this is what i told u yesterday about what worries me. Im watching price. Did you see a bearish impulse to the bullish momentum any larger than the inital move? what does that say? Do you see any bearish candle on the daily that closed as a bearish candle and confidently and aggresively? I hope you answer no to all of those. The bearish moves are just profit taking eventualities by the bulls in which they re-etner at the pullback etc.

Bears are gone red. you told me to analyyze present fact,s and BEARS ARE GONE. CURRENT HAPPENINGS, ARE BULL. there are no contrarian moves right now, the bears look to sell it big as it rises. they are hibernating and shoritng for me is much more riksy than long right now.

Red, i am analyzing.
Have I got something on my face, SOLDIER?
  • #3,184
  • Oct 17, 2011 4:01am Oct 17, 2011 4:01am
There might be rejections, that just means profit taking. There is no double top there is no h&s therre is no chart pattern, there is no b/s this is a clear bullish force, and i would question myself shorting.

look at this red, the only reason its higher the short is the people who held that position from the highs.

Gold is heavy on longs, most pairs are counter-dollar right now, there too much risk going on dpllar now.
Attached Image
Have I got something on my face, SOLDIER?
  • #3,185
  • Oct 17, 2011 4:04am Oct 17, 2011 4:04am
im done wiht this guy, it pisses me off. He yet does it again, if he wants me to be his broker, then let ME trade, if he wants an order feckin executed he tells me. he goes sells gbp/cad out of nowhere, this is the 3rd time.
im done.

so i guess HE wants to trade it so i terminate my contract with him.
Have I got something on my face, SOLDIER?
  • #3,186
  • Oct 17, 2011 4:05am Oct 17, 2011 4:05am
fwiw red has a point. but really, it can go wherever it wants now for awhile.

just because bears are supposedly gone does not mean bulls supposedly remain. i'd be inclined to think that this chapter of the game has concluded.
Congratulations ScalaFX for coming out of the closet!
  • #3,187
  • Oct 17, 2011 4:12am Oct 17, 2011 4:12am
Quoting nubcake
fwiw red has a point. but really, it can go wherever it wants now for awhile.

just because bears are supposedly gone does not mean bulls supposedly remain. i'd be inclined to think that this chapter of the game has concluded.
thats where analysis comes in and where you can predict where you want to go wiht the direction or supposed direction of price.

if anyone is short, long, hedging,

i have no problems good luck.

back to demo
Have I got something on my face, SOLDIER?
  • #3,188
  • Oct 17, 2011 4:14am Oct 17, 2011 4:14am
no buma YOU DONT GET MY POINT

i am not telling you to short anything.
just that your head so set on 1.40 that i can blow up on your face.

just because you dont see any bearish impulse doesnt mean it WONT happen.

i hope you are really looking at the market buma, i am not saying bear not bull.
just REMAIN OBJECTIVE!!!
AVT INVENIAM VIAM AVT FACIAM
  • #3,189
  • Oct 17, 2011 4:16am Oct 17, 2011 4:16am
Quoting the redlion
no buma YOU DONT GET MY POINT

i am not telling you to short anything.
just that your head so set on 1.40 that i can blow up on your face.

just because you dont see any bearish impulse doesnt mean it WONT happen.

i hope you are really looking at the market buma, i am not saying bear not bull.
just REMAIN OBJECTIVE!!!


mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,190
  • Oct 17, 2011 4:16am Oct 17, 2011 4:16am
Quoting the redlion
no buma YOU DONT GET MY POINT

i am not telling you to short anything.
just that your head so set on 1.40 that i can blow up on your face.

just because you dont see any bearish impulse doesnt mean it WONT happen.

i hope you are really looking at the market buma, i am not saying bear not bull.
just REMAIN OBJECTIVE!!!


i fecking am red.
I am not so stuck on a bias that i just look at "it will reach". im way past red, this is over waaay time ago dude. chill. I got this. 4000 is just somewhere to look at if i see price moving against me and i know it, why would i hold? of course i would sell my buy position....

just put a little trust man. you dont need to hold my hand to help me walk. Just walk beside me thats good enough, because i can walk red. I am analyzing, just put a little trust.

please...
Have I got something on my face, SOLDIER?
  • #3,191
  • Oct 17, 2011 4:22am Oct 17, 2011 4:22am
of course i trust you.

i believe in you.

i even told you that if god forbid you blow your account i would help you fund one, and you can manage it.

with my play money of course.

i trust you, just miss understanding perhaps, you sound so convince it HAS to reach that supposedly supply area
AVT INVENIAM VIAM AVT FACIAM
  • #3,192
  • Oct 17, 2011 4:23am Oct 17, 2011 4:23am
Quoting bumapatria


i fecking am red.
I am not so stuck on a bias that i just look at "it will reach". im way past red, this is over waaay time ago dude. chill. I got this.

just put a little trust man. you dont need to hold my hand to help me walk. Just walk beside me thats good enough, because i can walk red. I am analyzing, just put a little trust.

please...
Cool it, man.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,193
  • Oct 17, 2011 4:24am Oct 17, 2011 4:24am
Quoting the redlion
of course i trust you.

i believe in you.

i even told you that if god forbid you blow your account i would help you fund one, and you can manage it.

with my play money of course.

i trust you, just miss understanding perhaps, you sound so convince it HAS to reach that supposedly supply area
im not, im just analyzing.
sorry if im overreacting im pissed at my client right now, i terminated the contract i dont know if he read the message yet, but its unnaceptable for him to go buy and sell when i am online on the same account as well. I told him 3 times, and he has done it 3 times going sell oil, selll this that, and i told him its either me or you who trades.

im done with him, its not proffessional.
Have I got something on my face, SOLDIER?
  • #3,194
  • Oct 17, 2011 4:25am Oct 17, 2011 4:25am
Quoting mla
Cool it, man.

mla
my long is at the bottom, its profit stop lossed at +10. i am okay.

if any shorts come, then sell.

mla, ill cool okay.

just unbelievable client
Have I got something on my face, SOLDIER?
  • #3,195
  • Oct 17, 2011 4:26am Oct 17, 2011 4:26am
you speak wise words, i trade knowing that things are not that simple for instance i knew e/u was going up but i just picked 12 pips on it dipping, people ought to listen to you
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,196
  • Oct 17, 2011 4:28am Oct 17, 2011 4:28am
i am hedging now, my short in profit, so is the long so what the hell
Have I got something on my face, SOLDIER?
  • #3,197
  • Oct 17, 2011 4:29am Oct 17, 2011 4:29am
Quoting bumapatria
my long is at the bottom, its profit stop lossed at +10. i am okay.

if any shorts come, then sell.

mla, ill cool okay.

just unbelievable client
Good man

You should not let emotions come into play. This job is already difficult when you are calm, imagine when you are not. Remember we need 4% a day to help others.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,198
  • Oct 17, 2011 4:31am Oct 17, 2011 4:31am
Quoting bumapatria
im long till 4000.
4000 is just a number, it's your dogma. Why you just don't close half of posision when price tells you that it needs to fall before making next move up etc, like right now.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd H1 nerd.png Size: 41 KB
  • #3,199
  • Oct 17, 2011 4:31am Oct 17, 2011 4:31am
stopped out +10.

short is +4

red, see? i still trade price.


I JUST am...GrrrrrrrR>>>>

i cant be nice and give people chances again...and again...and again.

ill trade for myself then
Attached Image (click to enlarge)
Click to Enlarge Name: +4.gif Size: 16 KB
Have I got something on my face, SOLDIER?
  • #3,200
  • Oct 17, 2011 4:34am Oct 17, 2011 4:34am
well now its reasonable to short, because a few bear candles engulfed 40+ mins of movement aka bears are in control impulse larger than momentum. Momentum now with beaers.
Have I got something on my face, SOLDIER?
19 traders viewing now