14 Year Old Forex Trader's Lessons | Page 221 | Forex Factory

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14 Year Old Forex Trader's Lessons

  • #4,401
  • Nov 7, 2011 9:26am Nov 7, 2011 9:26am
Test
If there was easy money lying around,no one would be forcing it into your
  • #4,402
  • Nov 7, 2011 9:27am Nov 7, 2011 9:27am
bearish divergence with TL. possible? yeah of course

my pretend sell on oil.

ill close it at demand. lol its pretend, what do u mean close?
Attached Image (click to enlarge)
Click to Enlarge Name: my pretend oil.gif Size: 18 KB
Have I got something on my face, SOLDIER?
  • #4,403
  • Nov 7, 2011 9:28am Nov 7, 2011 9:28am
30 pips on oil pretend sell, stop to BE.

for fun and practice
Have I got something on my face, SOLDIER?
  • #4,404
  • Nov 7, 2011 9:32am Nov 7, 2011 9:32am
Quoting FXMindset
Test
hey fxm! u here now? watsup bro?
Have I got something on my face, SOLDIER?
  • #4,405
  • Nov 7, 2011 9:33am Nov 7, 2011 9:33am
Quoting bumapatria
30 pips on oil pretend sell, stop to BE.

for fun and practice
in a similar trade on brent crude
Attached Image (click to enlarge)
Click to Enlarge Name: crude.jpg Size: 48 KB
  • #4,406
  • Nov 7, 2011 9:35am Nov 7, 2011 9:35am
Quoting bumapatria
hey fxm! u here now? watsup bro?
Just drop to look how you are going and whats the Oil Code In Mt4?
If there was easy money lying around,no one would be forcing it into your
  • #4,407
  • Nov 7, 2011 9:39am Nov 7, 2011 9:39am
Quoting highlander2
in a similar trade on brent crude
sweet, now close it. i would go long now. or not... im done.. just pretending now

why? coz hamer and bull engulfing the hammer


John we got a bear truncation of 3rd wave aka 3rd wave failure to clear 1 wave length.
my pretend short was based on engulfing, of bull 5th wave truncation
Attached Image (click to enlarge)
Click to Enlarge Name: hamme rand bull engulfing.gif Size: 18 KB
Have I got something on my face, SOLDIER?
  • #4,408
  • Nov 7, 2011 9:40am Nov 7, 2011 9:40am
Quoting FXMindset
Just drop to look how you are going and whats the Oil Code In Mt4?
on my broker is CO - LS

crude oil - light sweet
Have I got something on my face, SOLDIER?
  • #4,409
  • Nov 7, 2011 9:56am Nov 7, 2011 9:56am
Quoting bumapatria
on my broker is CO - LS

crude oil - light sweet
Ok thanks bro
How trade going so far?
If there was easy money lying around,no one would be forcing it into your
  • #4,410
  • Nov 7, 2011 10:00am Nov 7, 2011 10:00am
150 pips for today
total

how bout ur day fxm?
Have I got something on my face, SOLDIER?
  • #4,411
  • Nov 7, 2011 10:12am Nov 7, 2011 10:12am
Today not real good - 1% loss
Is This CL ? Is it required high margin for trade and 1 Pips stand for how many $ for micro account?
Attached Image (click to enlarge)
Click to Enlarge Name: CL Daily.png Size: 43 KB
If there was easy money lying around,no one would be forcing it into your
  • #4,412
  • Nov 7, 2011 10:27am Nov 7, 2011 10:27am
Quoting bumapatria


John we got a bear truncation of 3rd wave aka 3rd wave failure to clear 1 wave length.
my pretend short was based on engulfing, of bull 5th wave truncation
ehh?
  • #4,413
  • Nov 7, 2011 10:41am Nov 7, 2011 10:41am
Pretty good day for me on gold. 235$ today.
What about yours trading results?
  • #4,414
  • Nov 7, 2011 11:03am Nov 7, 2011 11:03am
Quoting highlander2
ehh?
never mind h1 is really good compression
Have I got something on my face, SOLDIER?
  • #4,415
  • Nov 7, 2011 11:06am Nov 7, 2011 11:06am
Quoting FXMindset
Today not real good - 1% loss
Is This CL ? Is it required high margin for trade and 1 Pips stand for how many $ for micro account?
yes thats it
nope it doesnt.
its like euro/usd but more volatile

same pip value 1 is $0.10 in micro lot of 0.01.

just more volatile and cool
Have I got something on my face, SOLDIER?
  • #4,416
  • Nov 7, 2011 11:21am Nov 7, 2011 11:21am
Quoting bumapatria
well ive felt worse bak, and ure demo but still nice
i see trnd based on price action.. thats why i find indis a distraction. i suck at inids x 10 ive said it or 100 i forgot.

but try another account with blank charts. and i have many info to give.

10 pip stop loss, and if they dont get hit then i win. simple i guess. lowest risk ever.

if u need help or anything ill try to give all info i can.
Thanks Buma for offer of help but I am doing ok in my own style of trading. Nevertheless it's very kind of you to offer. I am sorry for giving you the impression that I am a demo trader because I have put up a demo account attached to the trade explorer. I have a live account but have no wish to attach it to the trade explorer. I only attached the demo account to try out this trade explorer thingy and also because I am testing out something. So far it's going very well.

Regards
Bak
  • #4,417
  • Nov 7, 2011 11:29am Nov 7, 2011 11:29am
Quoting Bakuli
Thanks Buma for offer of help but I am doing ok in my own style of trading. Nevertheless it's very kind of you to offer. I am sorry for giving you the impression that I am a demo trader because I have put up a demo account attached to the trade explorer. I have a live account but have no wish to attach it to the trade explorer. I only attached the demo account to try out this trade explorer thingy and also because I am testing out something. So far it's going very well.

Regards
Bak
great to hear that
Have I got something on my face, SOLDIER?
  • #4,418
  • Nov 7, 2011 1:05pm Nov 7, 2011 1:05pm
7 trades today.
308$ profit
Only on gold.
Good day.
Green pips to all
  • #4,419
  • Nov 7, 2011 1:10pm Nov 7, 2011 1:10pm
can u show us where u entered and where u exit and why? this thread needs the kind of analysis and reasoning not just like that rav
Have I got something on my face, SOLDIER?
  • #4,420
  • Nov 7, 2011 1:17pm Nov 7, 2011 1:17pm
Quoting bumapatria
can u show us where u entered and where u exit and why? this thread needs the kind of analysis and reasoning not just like that rav
I just opening Buy and close profit and open again.When price goes -50$ I look for better buy entry.For example I will buy when price go to 1750 now.because its -50$ from now.
I was opening and closing and opening all day today.From 1665 to 1800.
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