14 Year Old Forex Trader's Lessons | Page 191 | 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

  • #3,801
  • Oct 31, 2011 2:26pm Oct 31, 2011 2:26pm
Euro GBP data:

i shorted tad late
Attached Image (click to enlarge)
Click to Enlarge Name: euro gbp data.gif Size: 48 KB
Have I got something on my face, SOLDIER?
  • #3,802
  • Oct 31, 2011 2:54pm Oct 31, 2011 2:54pm
im guessing a long would be best.
Moon opposition saturn from The Strange House:
It is probable that the restrictions and limitations which you encounter are mainly derived from other people or environmental pressures, and that relationship difficulties will occur.

Restrictions. is euro restricted to grow?

Mercury square mars from cafe astrology:
You are very quick with your perceptions, and you might speak quickly and move quickly as well.

Possibly meaning heavy buying?

Mercury trine uranus from cafe astrology:
You are open to new ideas, and come up with your own fair share of unique perspectives yourself.

Does new ideas mean long euro?

Sun opposition jupiter from cafe astrology:
Although their intentions are generally good, people with challenging aspects between the Sun and Jupiter are given to overdoing things. They can easily gloss over realistic details and get themselves into debt, overindulge in pleasures such as food and drink, and promise more than they can deliver.

Uranus in Aries from astrologyzone
Aries, the sign that Uranus will enter, is energetic, enterprising, pioneering, adventuresome, daring, competitive, enthusiastic, courageous, strong, and dynamic. Every sign has its excesses, and for Aries, we can become, at times, too impatient, boastful, brash, willful, insensitive, or impetuous - doubly so when touring a volatile planet like Uranus .

Long euro?

Mercury in Saggi:

Mercury in SagittariusFreedom of thought is what Mercury in Sagittarius strives for -- at least in theory. These people communicate in an optimistic, forward-looking manner. Their ideas are generally very big, but it's probably wise to use tact when you see all the little holes in their arguments. Remember, they mean well. These people have vision.


This sounds like a clear signal to long the euro.



any thoughts?
Have I got something on my face, SOLDIER?
  • #3,803
  • Oct 31, 2011 3:08pm Oct 31, 2011 3:08pm
long euro wiht 0.02
3903 previous supply.

1st chart is m5 lookout and 2nd chart is m30 lookout.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: punk no 3.gif Size: 13 KB
Click to Enlarge Name: 38.2 punk.gif Size: 21 KB
Have I got something on my face, SOLDIER?
  • #3,804
  • Oct 31, 2011 3:16pm Oct 31, 2011 3:16pm
Quoting bumapatria
im guessing a long would be best.
Moon opposition saturn from The Strange House:
It is probable that the restrictions and limitations which you encounter are mainly derived from other people or environmental pressures, and that relationship difficulties will occur.

Restrictions. is euro restricted to grow?

Mercury square mars from cafe astrology:
[i]You are very quick with your...
Myself I read that with interest. But you know me I just go where she goes,
sometime I am a bit behind, some time I try to anticipate her, you know I try to be nimble and if I think I am wrong I get out as soon as possible and reassess. So in brief I try to not have any idea to where she is going yo go.

I empty my mind. Pilates, yoga and breathing techniques help me with that.

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,805
  • Oct 31, 2011 3:21pm Oct 31, 2011 3:21pm
Quoting mla
Myself I read that with interest. But you know me I just go where she goes,
sometime I am a bit behind, some time I try to anticipate her, you know I try to be nimble and if I think I am wrong I get out as soon as possible and reassess. So in brief I try to not have any idea to where she is going yo go.

I empty my mind. Pilates, yoga and breathing techniques help me with that.

mla
after all you are the vibrations bandit. i am the assassin. i do not wait until my prey comes. I predict where the prey will go, speculatively, and go for the kill. and btw its very likely supply was not tested and this level is demand and its a 1618 expansion there too.
Have I got something on my face, SOLDIER?
  • #3,806
  • Oct 31, 2011 3:31pm Oct 31, 2011 3:31pm
Quoting bumapatria
after all you are the vibrations bandit. i am the assassin. i do not wait until my prey comes. I predict where the prey will go, speculatively, and go for the kill. and btw its very likely supply was not tested and this level is demand and its a 1618 expansion there too.
That is absolutly right, every person is different, I cannot do the thing you do and vice versa. As an adult I can tell a young boy what he need to do to make love to a woman. But the young boy cannot make love to a woman as he is been taught. He need to get into it with all is self and passion to be able to feel it. (now, I hope you not going to get to exited about this)

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,807
  • Oct 31, 2011 3:36pm Oct 31, 2011 3:36pm
evening all, i am not in any trades at present hence no trading info. Buma ,,on page 251 No 3757 you say either way you cannot lose. you have 2 trades going buy and sell at different prices correct. i thought your mentors would advise you not to do that as its suicide
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,808
  • Oct 31, 2011 3:37pm Oct 31, 2011 3:37pm
Quoting mla
That is absolutly right, every person is different, I cannot do the thing you do and vice versa. As an adult I can tell a young boy what he need to do to make love to a woman. But the young boy cannot make love to a woman as he is been taught. He need to get into it with all is self and passion to be able to feel it. (now, I hope you not going to get to exited about this)

mla
i can control my feelings for this topic and i dont go around doing such things lol.

Have I got something on my face, SOLDIER?
  • #3,809
  • Oct 31, 2011 3:37pm Oct 31, 2011 3:37pm
Hi mla hope your ok
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,810
  • Oct 31, 2011 3:39pm Oct 31, 2011 3:39pm
Quoting billytt
evening all, i am not in any trades at present hence no trading info. Buma ,,on page 251 No 3757 you say either way you cannot lose. you have 2 trades going buy and sell at different prices correct. i thought your mentors would advise you not to do that as its suicide
why would that at any point be suicide if i made profit from it?

2wice done already.
Have I got something on my face, SOLDIER?
  • #3,811
  • Oct 31, 2011 3:42pm Oct 31, 2011 3:42pm
i find it difficult to explain some things. Where you already in profit when you started to double trade this way.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,812
  • Oct 31, 2011 3:44pm Oct 31, 2011 3:44pm
Quoting billytt
Hi mla hope your ok
Thanks Billy I am just find. What about my English friend.?

Listen I bought a bottle of Laphroaig wisky, do you know about it. I am sure our friend John knows. Beautiful aroma, smokey, and most importantly the buzz is good. I am not a very drinker, just a few classes if any the weekend.

your mate

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,813
  • Oct 31, 2011 3:48pm Oct 31, 2011 3:48pm
Quoting billytt
i find it difficult to explain some things. Where you already in profit when you started to double trade this way.
its strategic. i dont think u understood what i did.
you cant just hedge without logical reasons. If you read them thouroughly they had a mathmetical speculation and calculations towards them, therefore the chances of winning is higher and minimizng loss or the chance of it. i find it comforting and great but for those who don;;t then dont even think of doing it. its not suicide. when u use different lot sizes at different profit levels of ur current trade's direction its not always the same case billy.

I cant explain it in detail just yet, it requires a lot of thought when im not doing it. once im in the zone, its almost like instinct changign stop loss levels, lot sizes , etc.

in the end, its a MM trick that highers ratio of wins.
Have I got something on my face, SOLDIER?
  • #3,814
  • Oct 31, 2011 3:51pm Oct 31, 2011 3:51pm
going off your spelling mistakes you've been on it already lol. i am not a whisky drinker but i do appreciate what your saying, even i can tell the differance between a decent scotch when i have drunk it in the past. What is your view on waves as in elliot, i have been intrigued with them for a long time and then hey ho i discover elliot beat me to it lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,815
  • Oct 31, 2011 3:55pm Oct 31, 2011 3:55pm
yes indeed buma you are right in one respect, it might work once or twice its like beginners luck buying a lottery ticket and winning a tenner or playing a bandit and winning, but you'll lose . i know i've done it and so have my mates
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,816
  • Oct 31, 2011 4:04pm Oct 31, 2011 4:04pm
Quoting billytt
going off your spelling mistakes you've been on it already lol. i am not a whisky drinker but i do appreciate what your saying, even i can tell the differance between a decent scotch when i have drunk it in the past. What is your view on waves as in elliot, i have been intrigued with them for a long time and then hey ho i discover elliot beat me to it lol
Bill I tried them all without success, that does not meant that, that do not work,
I do not know, what works for me does not necessary works for you.

If I have to give you and advise, will be this: Plot you charts on the 5m tf no indicators and not any lines or anything, just nothing. Just look at the price for at least 2 hours a day very intensively. After on week you try to buy and sell based on what you have discovered in that week. (of course on demo).

And then you take it from there, is a continue development.

Your mate
mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,817
  • Oct 31, 2011 4:09pm Oct 31, 2011 4:09pm
Quoting mla
Thanks Billy I am just find. What about my English friend.?

Listen I bought a bottle of Laphroaig wisky, do you know about it. I am sure our friend John knows. Beautiful aroma, smokey, and most importantly the buzz is good. I am not a very drinker, just a few classes if any the weekend.

your mate

mla
not really a whiskey drinker, but know what your on about, sometimes buy this for friends at Christmas, I believe it comes from the west coast of scotland. Im on the east coast, two distilleries near me are Clynelish, and glenmorangie, perhaps you get them in Oz as well?
  • #3,818
  • Oct 31, 2011 4:09pm Oct 31, 2011 4:09pm
Quoting billytt
yes indeed buma you are right in one respect, it might work once or twice its like beginners luck buying a lottery ticket and winning a tenner or playing a bandit and winning, but you'll lose . i know i've done it and so have my mates
*gulp* my friend that is not beginner's luck when u project calculations with mathematical possibilities! luck twice? more like skill. Whos the mates you talking bout?
Have I got something on my face, SOLDIER?
  • #3,819
  • Oct 31, 2011 4:19pm Oct 31, 2011 4:19pm
your a top man mla, many many many years ago i spent a good couple of years developing a system for racing grey hounds and only because they run 6 dogs in a race. (ok sometimes 8) i then discover a french guy did it but used it to clean up in roulette as high low red black odd and even (and thats 6 as in 6 dogs). i then look at waves up down up down and i see things happening then i hear elliot got there first but i dont trade waves. Like you just said i do things similar to you i watch and remember no lines ,charts but i do remember what has happened and in my mind what happens isnt random because its loaded like a dice as people make it move. and before contradictions i can calculate resistance/support and true ranges etc, and you are right in saying its every man for himself to trade the way he feels and no 2 trade the same and get same results. But i am worried about buma losing his dads money lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,820
  • Oct 31, 2011 4:22pm Oct 31, 2011 4:22pm
low momentum i dont expect much from bears. false spike nice hit on 45 degree trendline.
Have I got something on my face, SOLDIER?
0 traders viewing now