14 Year Old Forex Trader's Lessons | Page 167 | Forex Factory

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14 Year Old Forex Trader's Lessons

  • #3,321
  • Oct 18, 2011 1:56am Oct 18, 2011 1:56am
Morning traders, pretty dull so far

Short the S&P here after this flag on the 15min, but selling into demand levels. This is a demo so for learning purposes only.
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  • #3,322
  • Oct 18, 2011 1:56am Oct 18, 2011 1:56am
Quoting Anup
Just sharing my views...

Why are you guys betting against dollar?

Dollar is currency to own in times of crisis.

Only time you should sell dollar and buy all other things is when the US govt announces QE3 not before that ...
Sell all rallies in E/U , G/U, A/U, N/U...


Just my two cents..
No offence..
everey oppotunity you havve, i take it. chance to profit? take it.
Have I got something on my face, SOLDIER?
  • #3,323
  • Oct 18, 2011 1:57am Oct 18, 2011 1:57am
demand levels on most majors penetrated deep by dollar bears, lets see what happens now in regard to the bulls' reaction if any at all
Have I got something on my face, SOLDIER?
  • #3,324
  • Oct 18, 2011 1:59am Oct 18, 2011 1:59am
gold bullish trendline broken, deep with rejection of closing back inside.
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Have I got something on my face, SOLDIER?
  • #3,325
  • Oct 18, 2011 2:02am Oct 18, 2011 2:02am
euro hit on lower gann angle, hit by the pip like a hammer, rejecting to go lower, followed by bull candle.
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Have I got something on my face, SOLDIER?
  • #3,326
  • Oct 18, 2011 2:13am Oct 18, 2011 2:13am
She just reached yesterday low.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,327
  • Oct 18, 2011 2:15am Oct 18, 2011 2:15am
made a mistake?

go rescue.


rescue on gold.

if this fails...

boohoo,

i go do something else
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #3,328
  • Oct 18, 2011 2:17am Oct 18, 2011 2:17am
She is going down, yesterday I missed the train, not today.

Bit of music

Inserted Video


mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,329
  • Oct 18, 2011 2:18am Oct 18, 2011 2:18am
For all gold traders,

if you traded during 2007/2008 you should know why i am mentioning this...


CLassic reversal pattern on gold...

Sell all rallies till 1300 atleast ...
Attached Image (click to enlarge)
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BEING PROFESSIONAL IS ALL ABOUT HOW YOU CONTROL FASTEST THING--UR MIND!
  • #3,330
  • Oct 18, 2011 2:20am Oct 18, 2011 2:20am
gold in profit. silver still waiting.

once rescue is done, im bailing with profit.
Have I got something on my face, SOLDIER?
  • #3,331
  • Oct 18, 2011 2:22am Oct 18, 2011 2:22am
Closed EURJPY short +58 pips

Opened EURUSD long
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  • #3,332
  • Oct 18, 2011 2:23am Oct 18, 2011 2:23am
Rescue in gold and silver proof.

10-20 points in silver, i would take.
200+ on gold would be a take.

euro would move as wel, profit.

i cant save workspace, all black and white for now. let me try again.
Have I got something on my face, SOLDIER?
  • #3,333
  • Oct 18, 2011 2:29am Oct 18, 2011 2:29am
sniper down, needing medical attention.


on the way, but can they rescue the sniper?
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Have I got something on my face, SOLDIER?
  • #3,334
  • Oct 18, 2011 2:31am Oct 18, 2011 2:31am
Quoting bumapatria
sniper down, needing medical attention.


on the way, but can they rescue the sniper?
Buma, are you in with eurusd?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,335
  • Oct 18, 2011 2:33am Oct 18, 2011 2:33am
Quoting mla
Buma, are you in with eurusd?

mla
if u see the chart, it shows that i am currently in and the rescue positions taken on gold and silver.

so yes, i bought, now underwater for 100 pips, 2 buy orders -50 each, and rescuing with golld and silver.

i see Breakeven in total profit, or even a cent. im bailing.
Have I got something on my face, SOLDIER?
  • #3,336
  • Oct 18, 2011 2:34am Oct 18, 2011 2:34am
just got home, im catching 17 pips of the bearish impulse wave

sL moved to small profit, i am afraid this down impulse thrust might be losing momentum however it is having trouble going above 1.3696
AVT INVENIAM VIAM AVT FACIAM
  • #3,337
  • Oct 18, 2011 2:34am Oct 18, 2011 2:34am
Quoting mla
Buma, are you in with eurusd?

mla
I see, you are long eurusd, why is that? Mah.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,338
  • Oct 18, 2011 2:35am Oct 18, 2011 2:35am
never mind up we go, will await for top of rallie
AVT INVENIAM VIAM AVT FACIAM
  • #3,339
  • Oct 18, 2011 2:37am Oct 18, 2011 2:37am
just had a quick short on e/u, old demand/new supply+5min rejection pin.

eur now at demand level.
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  • #3,340
  • Oct 18, 2011 2:44am Oct 18, 2011 2:44am
not much left to go.

come on.

from -$50, now to $-10.

come on bulls chaarge.
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Have I got something on my face, SOLDIER?
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