14 Year Old Forex Trader's Lessons | Page 194 | 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

  • #3,861
  • Nov 1, 2011 4:19am Nov 1, 2011 4:19am
well i have said it 100+ times for me. Either it was profit or loss. Thats the game. my stop couldve been hit im looking probabilities of me going away from the computer, ISM PMI, long term levels, etc. ratio of profit becomes more uncertain.

id rather make profit than lose. its zero sum and id like to profit instead. especially when i am not sniping i didnt sell at a high, i was selling in the middle. 50% retrace to supply, then goes down if thats the usual cas.e

and it just bounced off some old demand and 50% retracement. i do realize the ratios of it clearing supply is possible, but i'd rather just risk lower profit for mmore profit.
Have I got something on my face, SOLDIER?
  • #3,862
  • Nov 1, 2011 4:44am Nov 1, 2011 4:44am
Long on EUR/GBP. i will close it the moment i get out of my house approimately 2 hours from now.

massive massive 30+ pip rejection at demand. possible pinochio and up we go till last support.

will set stop loss to +1 once it reaches +11 pips profit.
Attached Image (click to enlarge)
Click to Enlarge Name: tears.gif Size: 34 KB
Have I got something on my face, SOLDIER?
  • #3,863
  • Nov 1, 2011 4:47am Nov 1, 2011 4:47am
Quoting bumapatria
Long on EUR/GBP. i will close it the moment i get out of my house approimately 2 hours from now.

massive massive 30+ pip rejection at demand. possible pinochio and up we go till last support.

will set stop loss to +1 once it reaches +11 pips profit.
Are you getting back in sync mate?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,864
  • Nov 1, 2011 4:54am Nov 1, 2011 4:54am
Quoting mla
Are you getting back in sync mate?

mla
yep, i feel better now. synced.
Have I got something on my face, SOLDIER?
  • #3,865
  • Nov 1, 2011 4:56am Nov 1, 2011 4:56am
Attached File(s)
File Type: txt scalp 2.txt   < 1 KB | 362 downloads

calling card i scalped e/u for 8 pips. mla mentioned something yesterday about watching and scalping aand seeing as i am currently doing nothing as girl is at school now and wife in bed sick i'll play game of scalp. i have actually been showing my girl waves on charts and she asked earlier to trade so i let her and she got 7 pips worth £3-50 and she insisted i pay up straight away lol ( and i did)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,866
  • Nov 1, 2011 5:05am Nov 1, 2011 5:05am
billy, i really really would like to see a chart. if there is no line there it is okay, just point to me where u entered. its not helpful calling calls i believe with no visuals. its hard for people to determien anything you know?

thanx man, i just want a chart and analysis. go to page 1 there are some guidelnes
Have I got something on my face, SOLDIER?
  • #3,867
  • Nov 1, 2011 5:07am Nov 1, 2011 5:07am
Quoting bumapatria
billy, i really really would like to see a chart. if there is no line there it is okay, just point to me where u entered. its not helpful calling calls i believe with no visuals. its hard for people to determien anything you know?

thanx man, i just want a chart and analysis. go to page 1 there are some guidelnes


mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,868
  • Nov 1, 2011 5:16am Nov 1, 2011 5:16am
',m getting invalid file but hang on i,ll try and sort one out. i am trading though on 3 minute time and following the waves SIMPLE
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,869
  • Nov 1, 2011 5:17am Nov 1, 2011 5:17am
need to cover for eur/gbp -20. -$3.30
she aint dancing there, that was just people taking profit.

short euro usd 0.02. VERY WEAk DEMAND.
to regain im thinking profit of $4.00

that is around 20 pips too.
my take profit is really down below. im playign breakout sniper mode now.

looking for 3412. daily fibo setup of 50% retrace. we might get a retracement back at broken 38.2%at 3780, but id rather go with trend for now.

i dont think its a normal deviation anomaly on the fan, but im thinking this a break.
Attached Image (click to enlarge)
Click to Enlarge Name: yupp.gif Size: 34 KB
Have I got something on my face, SOLDIER?
  • #3,870
  • Nov 1, 2011 5:19am Nov 1, 2011 5:19am
Quoting billytt
',m getting invalid file but hang on i,ll try and sort one out. i am trading though on 3 minute time and following the waves SIMPLE
so please show me...
Have I got something on my face, SOLDIER?
  • #3,871
  • Nov 1, 2011 5:28am Nov 1, 2011 5:28am
this is all seemingly too inviting.

possible black swan.
Have I got something on my face, SOLDIER?
  • #3,872
  • Nov 1, 2011 5:29am Nov 1, 2011 5:29am
DEAL 01/11/11LZFDQ7ACSpot FX EUR/USDDFB13729.5£-0.50 13720.84.35
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 126 KB

where the horizontal crossed the diaganil, i put the diags on just as a focal point they are not exact placings. its a very simple system something i believe mla does
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,873
  • Nov 1, 2011 5:31am Nov 1, 2011 5:31am
Quoting billytt
DEAL 01/11/11LZFDQ7ACSpot FX EUR/USDDFB13729.5£-0.50 13720.84.35Attachment
where the horizontal crossed the diaganil, i put the diags on just as a focal point they are not exact placings. its a very simple system something i believe mla does
so what triggered it really? what do the lines mean im still lost.
Have I got something on my face, SOLDIER?
  • #3,874
  • Nov 1, 2011 5:40am Nov 1, 2011 5:40am
the amount of stuff you have on your charts and you say your lost with my 3 lines. the chart ,,pips went up approx 50 from 08-30 until 09-30 and then levelled off and then dropped about 10 raised then dropped lots more. i gained entry on the second drop its basic stuff. even my lil girl grasps it
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,875
  • Nov 1, 2011 5:44am Nov 1, 2011 5:44am
Quoting billytt
the amount of stuff you have on your charts and you say your lost with my 3 lines. the chart ,,pips went up approx 50 from 08-30 until 09-30 and then levelled off and then dropped about 10 raised then dropped lots more. i gained entry on the second drop its basic stuff. even my lil girl grasps it
i mean what is it?. thats my question. okay its a trendline and going here there but what is it? stuff on my chart IS angles of 45 degrees 26.25, and 63.75, and downward angled trendlines are the negative of that. aka gann fans. what is that ure using its a question of what. coz i see its probably some exotic method of trading because i dont see many drawing trendlines over the candles. and is there something special about the point in which u started drawing the line?


so billy what is it hahaha... im just wondering man
Have I got something on my face, SOLDIER?
  • #3,876
  • Nov 1, 2011 5:48am Nov 1, 2011 5:48am




mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,877
  • Nov 1, 2011 5:49am Nov 1, 2011 5:49am
http://www.forexfactory.com/news.php?do=news&id=323255
http://www.forexfactory.com/images/m...ry.gif?v=1.0.0German export group calls Greek referendum a fatal signal for markets
Have I got something on my face, SOLDIER?
  • #3,878
  • Nov 1, 2011 5:49am Nov 1, 2011 5:49am
Bill, a bit of music.

Inserted Video
!

mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,879
  • Nov 1, 2011 5:57am Nov 1, 2011 5:57am
Quoting billytt
the amount of stuff you have on your charts and you say your lost with my 3 lines. the chart ,,pips went up approx 50 from 08-30 until 09-30 and then levelled off and then dropped about 10 raised then dropped lots more. i gained entry on the second drop its basic stuff. even my lil girl grasps it


mla
"The Heart is the hub of all dances; go there and chill out"
  • #3,880
  • Nov 1, 2011 5:58am Nov 1, 2011 5:58am
Bill, did you like the music?

mla
"The Heart is the hub of all dances; go there and chill out"
11 traders viewing now