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14 Year Old Forex Trader's Lessons

  • #3,961
  • Nov 1, 2011 1:12pm Nov 1, 2011 1:12pm
selling gold *gulp*.

this is how crazy it is and how nimble i have to be
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  • #3,962
  • Nov 1, 2011 1:21pm Nov 1, 2011 1:21pm
To my knowledge you can throw just about any contrary argument at the bible, and it will come back with an answer. There's no doubt that whoever wrote it is in a different league to everyone else.

I have also read that people have read it with the sole purpose of proving it wrong, only to find out that that was impossible.

besides plenty of the stuff scientists come up with is just as un believeable. For example, the big bang. Supposedly every piece of matter in existance was compressed in to a space the size of a pea. Just as big a fantasy as anything written in the bible.

imho of course.
  • #3,963
  • Nov 1, 2011 1:24pm Nov 1, 2011 1:24pm
kay no movement.. stagnant. time to check news and calendar.
Greek PM told cabinet he will hold a referendum according to a spokesman


wtf 2 mins ago he said there was no referendum!

heres chart for now, font all bold i cant unbold it...

anyways red lines long term angles from ~1700 tops. and in supply now.
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  • #3,964
  • Nov 1, 2011 1:26pm Nov 1, 2011 1:26pm
Quoting highlander2
To my knowledge you can throw just about any contrary argument at the bible, and it will come back with an answer. There's no doubt that whoever wrote it is in a different league to everyone else.

I have also read that people have read it with the sole purpose of proving it wrong, only to find out that that was impossible.

besides plenty of the stuff scientists come up with is just as un believeable. For example, the big bang. Supposedly every piece of matter in existance was compressed in to a space the size of a pea. Just as big a fantasy as...
john.. john.. john... hehe...
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  • #3,965
  • Nov 1, 2011 1:29pm Nov 1, 2011 1:29pm
WOW buma that guitar solo was brill, i also liked it with 2 leads playing same time abit like the old days, i'll have to listen more
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,966
  • Nov 1, 2011 1:31pm Nov 1, 2011 1:31pm
Quoting mla
Good morning all

Seems you had a very interesting chat while I was sleeping, damn.
Anyway I am going for a jog, glorious day here and when I come back I am going through
it all in much detail.

Bak what language was that?

mla
Mla,

That was a saying in Buma's language. Ask Buma to explain to you what it means .

Regards
Bak
  • #3,967
  • Nov 1, 2011 1:34pm Nov 1, 2011 1:34pm
Quoting billytt
WOW buma that guitar solo was brill, i also liked it with 2 leads playing same time abit like the old days, i'll have to listen more
dont ever mess with japanese visual kei guitarists. these two hizaki and teru... they kill...
the band theyre in is versailles. its japanese but i find it harmonious and beautiful
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@Bakuli, what did u say? i didnt see it. repost it please
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  • #3,968
  • Nov 1, 2011 1:37pm Nov 1, 2011 1:37pm
i just downloaded the album lyrical sympathy by versailles it isnt live though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,969
  • Nov 1, 2011 1:43pm Nov 1, 2011 1:43pm
we have something in common buma apart from me being a pro trader lol we love good guitar playing
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,970
  • Nov 1, 2011 1:49pm Nov 1, 2011 1:49pm
Quoting billytt
we have something in common buma apart from me being a pro trader lol we love good guitar playing
haha yeah. thats one of the best

i am a guitarist myself so... thats why..
yeah listen to this: after cloudia: http://www.mediafire.com/?w3qvz4cjt1y


to moderators: this is not a commercializing act, i am showing a friend good music of japanese, and i am not promoting them in any way, i do not know them, i am not their marketer and or neither their contact for marketing.
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  • #3,971
  • Nov 1, 2011 1:52pm Nov 1, 2011 1:52pm
http://www.forexfactory.com/news.php?do=news&id=323388

from dailyfx.com

The Federal Open Market Committee is widely expected to maintain its current policy in October, but comments accompanying the rate decision is likely to heavily influence the U.S. dollar as market participants weigh the outlook for monetary policy. In light of the recent developments coming out of the world’s largest economy, we may see the FOMC strike an improved outlook for future growth, and the central bank may preserve a wait-and-see approach throughout the remainder of the year as Fed officials expect economic activity to gather pace over the coming months. However, as the ongoing weakness within the ..

i would be extra careful for signs of QE. always remind yourself of possible black swan events.
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  • #3,972
  • Nov 1, 2011 1:54pm Nov 1, 2011 1:54pm
thanks for that buma, i just took a look and my broker is advertising there lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,973
  • Nov 1, 2011 1:59pm Nov 1, 2011 1:59pm
ur most welcome billy

u really like to use 'lols' dont u

lol.

hehehe lol.

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  • #3,974
  • Nov 1, 2011 2:06pm Nov 1, 2011 2:06pm
i use it a lot indeed especially when something funny happens , i mean really funny things. i have a tendency to say happy days too. i have been saying it for years and years
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #3,975
  • Nov 1, 2011 2:25pm Nov 1, 2011 2:25pm
i m going to go off for a while. go pray and eat breakfast

take care dudesters.

@Jr97, can u post an analysis of any cycle on gold or eurousd?

thanx
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  • #3,976
  • Nov 1, 2011 2:38pm Nov 1, 2011 2:38pm
i mostly use pitchforks....but i draw them manually by using equidistant channels...the market is a living beast and it has its own rhytm...and according to Isacc Newtons theory every action has a reaction...and that reaction is in relation with the action ...mostly the reaction is 1x of the action...so all u need to do is draw an equidistant channel on top and bottom of a "wave" and trade in that channel...and when a breakout happens..then add a same size width channel in the direction of the breakout...and u can easily see the target...

Does everyone have problems about uploading pictures ? i tried maybe 5-6 times...and it finally worked)
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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #3,977
  • Nov 1, 2011 2:46pm Nov 1, 2011 2:46pm
Quoting selym_co
i mostly use pitchforks....but i draw them manually by using equidistant channels...the market is a living beast and it has its own rhytm...and according to Isacc Newtons theory every action has a reaction...and that reaction is in relation with the action ...mostly the reaction is 1x of the action...so all u need to do is draw an equidistant channel on top and bottom of a "wave" and trade in that channel...and when a breakout happens..then add a same size width channel in the direction of the breakout...and u can easily see the target...

Does...
they look amazing to me man
like a gann fan i also manually draw them

post here often
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  • #3,978
  • Nov 1, 2011 2:51pm Nov 1, 2011 2:51pm
the most important thing about these channels is "every reaction is equal or multiples of the action" ... look at the downside sloping channels...it was broken..then i added a smae width channel for the take profit target (talking about eurusd) ..then it was broken again and the price reached the third chanels top...and was pushed back and gave me an opportunity of SELL at the top...

u can imagine two invisible arrows ..one hitting the chart from below and one hitting from above...and they make waves like this...all u need to do is discover that rhytm..and draw channels...and add paralell channels as long as the price breaks the channels...etc etc etc...but its not that easy (i shud admit)...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #3,979
  • Nov 1, 2011 3:02pm Nov 1, 2011 3:02pm
Quoting selym_co
the most important thing about these channels is "every reaction is equal or multiples of the action" ... look at the downside sloping channels...it was broken..then i added a smae width channel for the take profit target (talking about eurusd) ..then it was broken again and the price reached the third chanels top...and was pushed back and gave me an opportunity of SELL at the top...

u can imagine two invisible arrows ..one hitting the chart from below and one hitting from above...and they make waves like this...all u need to do is discover that...
exactly. nice man sweet. keep it up i would like ur analysis here when u trade and some calls would be good too
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  • #3,980
  • Nov 1, 2011 3:09pm Nov 1, 2011 3:09pm
This is an example which i tradedd last nite...but i took only 100pips from that long journey...but its still enough...
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Imagination rules the world ...
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