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14 Year Old Forex Trader's Lessons

  • #4,481
  • Nov 9, 2011 5:01am Nov 9, 2011 5:01am
interesting view on crude. inverted H/s possibility and chance to close my lock in profit
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  • #4,482
  • Nov 9, 2011 5:06am Nov 9, 2011 5:06am
why mtf analysis is a must.

m30 on cad gives a fake, shit.
-20
always look at MTF analysis to see what the fuck is going on
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  • #4,483
  • Nov 9, 2011 5:09am Nov 9, 2011 5:09am
h4 usd cad supply at 10212
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  • #4,484
  • Nov 9, 2011 5:27am Nov 9, 2011 5:27am
closed oil +75.

original sell was 130+

but lame lock buy locked the profit
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  • #4,485
  • Nov 9, 2011 5:30am Nov 9, 2011 5:30am
im only going to swing trade this USD momentum at these zones

ill post later
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  • #4,486
  • Nov 9, 2011 5:41am Nov 9, 2011 5:41am
aud usd bears, u got lllooooong way to go down so hold.


gbp jpy busted demand good for 100 pips drop to old demand.
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  • #4,487
  • Nov 9, 2011 5:48am Nov 9, 2011 5:48am
trying this out on gbp jpy sell till old resistance, no retest yet, so why not sell it?

fake pinbar on h1 missed it, and sold now


im done for the day good pips this is last trade

-20 cad -15 aud -55 oil lock fail and oil sell +135 = 45 pips. not bad, i soaked up in profit still

i miss busted demand and supply breakouts so here goes nothing!
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  • #4,488
  • Nov 9, 2011 6:16am Nov 9, 2011 6:16am
wow lots of viewers from where? 90 viewers damn. wheres all this from

hi everyone!

signup and u can contribute too to my thread!
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  • #4,489
  • Nov 9, 2011 6:24am Nov 9, 2011 6:24am
damn really 90 viewers? no members...

its more than redswords thread!

and its only me talking so far


SUNTAN! can u post something? please
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  • #4,490
  • Nov 9, 2011 6:32am Nov 9, 2011 6:32am
selling silver on demo using fib 61.8 as a base with evening star
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  • #4,491
  • Nov 9, 2011 6:42am Nov 9, 2011 6:42am
Lazy gold.
Buma hows your sucess on forex?
I am scared of it
  • #4,492
  • Nov 9, 2011 6:43am Nov 9, 2011 6:43am
Quoting bumapatria
selling silver on demo using fib 61.8 as a base with evening star
Good setup, and what is most important - with trend.
Professional FX courses - ZL, SD, for beginners and advanced traders
  • #4,493
  • Nov 9, 2011 6:58am Nov 9, 2011 6:58am
scared of what?

success still far man, im still learning process to consistency
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  • #4,494
  • Nov 9, 2011 7:01am Nov 9, 2011 7:01am
Well,scared of losses.In gold you know the trend
This is why i am investing in it
i suck at forex trading
I never wanted to use stoplosses
  • #4,495
  • Nov 9, 2011 7:03am Nov 9, 2011 7:03am
Quoting Ravissek
Well,scared of losses.In gold you know the trend
This is why i am investing in it
i suck at forex trading
I never wanted to use stoplosses
guess what i got saved on stop loss once on a gold buy before it crashed even thought its demo! that short yesterday was a cover for my long!

i dont like gold coz itts not really as flexible as forex.

hehe u suck at forex, i suck at gold.

silver maybe not, i love silver
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  • #4,496
  • Nov 9, 2011 7:05am Nov 9, 2011 7:05am
Quoting Ravissek
Well,scared of losses.In gold you know the trend
This is why i am investing in it
i suck at forex trading
I never wanted to use stoplosses
u scared to lose? everyone is trust me, but control that fear and u will be fine.


i hate investing, if u are wrong u are dead.
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  • #4,497
  • Nov 9, 2011 7:06am Nov 9, 2011 7:06am
Quoting bumapatria
trying this out on gbp jpy sell till old resistance, no retest yet, so why not sell it?
Buma, remember we have Bernanke speaking 9:30 EST, 8:30 your local time

He might want to say something about QE3 and possibly give us a good swing short

And for the 121 viewers, look at this thread http://www.forexfactory.com/showthread.php?t=317077
  • #4,498
  • Nov 9, 2011 7:07am Nov 9, 2011 7:07am
Quoting Pbh
Buma, remember we have Bernanke speaking 9:30 EST, 8:30 your local time

He might want to say something about QE3 and possibly give us a good swing short

And for the 121 viewers, look at this thread http://www.forexfactory.com/showthread.php?t=317077
wow wait.. if there might be QE, why would people go long USd? u know my fundie skills suck
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  • #4,499
  • Nov 9, 2011 7:11am Nov 9, 2011 7:11am
Quoting bumapatria
wow wait.. if there might be QE, why would people go long USd? u know my fundie skills suck
He might just want to scare...
Today's fear is expressed in an interesting bond yield number. If the yield is higher it means nobody wants to buy it. And certainly that's the case today.

http://www.bloomberg.com/apps/quote?ticker=GBTPGR10:IND

ECB might stop having the buying power, but if the US is really doing a QE.. I'd be the first one going long on Gold and silver, those are the best assets for that
  • #4,500
  • Nov 9, 2011 7:13am Nov 9, 2011 7:13am
then would gbp jpy drop? oi... my correlation skills are dying when u put news in the formula


fuck me i cant buy silver my baby! then its gold.

keep in touch in messennger for chats
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