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14 Year Old Forex Trader's Lessons

  • #4,861
  • Nov 17, 2011 10:24am Nov 17, 2011 10:24am
till then. im sleep now
Have I got something on my face, SOLDIER?
  • #4,862
  • Nov 17, 2011 11:06am Nov 17, 2011 11:06am
Hey all,

Just posted in EURUSD thread but I thought I would post here as well.

I reckon we may see some upside to EUR through the coming trading days, Downside momentum has slowed, daily looking to bounce and fibs are good targets.
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  • #4,863
  • Nov 17, 2011 2:39pm Nov 17, 2011 2:39pm
Quoting JeremyWS
Hey all,

Just posted in EURUSD thread but I thought I would post here as well.

I reckon we may see some upside to EUR through the coming trading days, Downside momentum has slowed, daily looking to bounce and fibs are good targets.
Added Another 1 lot (100,000 units) here at 60, bringing total to 2 lots, Stops under previous lows, Good R:R, Im giving it about a 50% chance of success, technically looks good, fundamentally not so good so we'll see.
  • #4,864
  • Nov 17, 2011 3:08pm Nov 17, 2011 3:08pm
hi Buma, i hope your fine. i am just passing by like a proverbial ship in the night and thought i'd say hello. My trading is going good but very taxing on the old nervous system meaning the last 8 days or so nearly gave me a heart attack at times but today its all good , until the next time take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #4,865
  • Nov 17, 2011 4:24pm Nov 17, 2011 4:24pm
Quoting billytt
hi Buma, i hope your fine. i am just passing by like a proverbial ship in the night and thought i'd say hello. My trading is going good but very taxing on the old nervous system meaning the last 8 days or so nearly gave me a heart attack at times but today its all good , until the next time take care
hey billy glad to hear ure doing good.

hi jeremy!
Have I got something on my face, SOLDIER?
  • #4,866
  • Nov 17, 2011 4:26pm Nov 17, 2011 4:26pm
i couldt have a better spot to buy eh? at a high... -.-


hedge successful 53 pips on the hedge. floating loss 73 pips. net loss 20 pips.


hey guys do u think i should just close her up? i need advice here

thx
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #4,867
  • Nov 17, 2011 4:27pm Nov 17, 2011 4:27pm
Quoting JeremyWS
Hey all,

Just posted in EURUSD thread but I thought I would post here as well.

I reckon we may see some upside to EUR through the coming trading days, Downside momentum has slowed, daily looking to bounce and fibs are good targets.
im checking ur targets. i bought at a high successfuly hedged but need some more pips to soak the pressure. maybe i can look for opps in aud or chf for more cushioning
Have I got something on my face, SOLDIER?
  • #4,868
  • Nov 17, 2011 4:30pm Nov 17, 2011 4:30pm
3700s.. ok. that shoud be good.

my EW analysis says we should have bounce up now, then down again, then final blow up to break range.
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Have I got something on my face, SOLDIER?
  • #4,869
  • Nov 17, 2011 4:51pm Nov 17, 2011 4:51pm
Quoting bumapatria
3700s.. ok. that shoud be good.

my EW analysis says we should have bounce up now, then down again, then final blow up to break range.
nice one


mla
"The Heart is the hub of all dances; go there and chill out"
  • #4,870
  • Nov 17, 2011 4:55pm Nov 17, 2011 4:55pm
Quoting mla
nice one


mla
now the sitrep is to gain 20 pips to BE it all off.

or more to make profit
Have I got something on my face, SOLDIER?
  • #4,871
  • Nov 17, 2011 4:57pm Nov 17, 2011 4:57pm
update: Eurusd breaks wedge and looks to shoot up.


Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #4,872
  • Nov 17, 2011 5:08pm Nov 17, 2011 5:08pm
Hi all,

Acording to suply-demand thread, is my chart drawn in the right way? it could be the starting of the next swing...
What is your view?
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  • #4,873
  • Nov 17, 2011 5:15pm Nov 17, 2011 5:15pm
Quoting PPKpe
Hi all,

Acording to suply-demand thread, is my chart drawn in the right way? it could be the starting of the next swing...
What is your view?
Attachment

very correct my friend. it'll rise to at least old support.

and moon day today!

hey dude scroll down to lower TF's im sure there are some supply zones around those black candles u cant really see on the daily.
Have I got something on my face, SOLDIER?
  • #4,874
  • Nov 17, 2011 5:27pm Nov 17, 2011 5:27pm
have a good day...

iseng,,, jangan di banned ya... hahaha
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TRADING IS SIMPLE BUT NOT EAZY
  • #4,875
  • Nov 17, 2011 5:35pm Nov 17, 2011 5:35pm
okey with current TP levels

my eur usd losing trade should close at previous support with a supporting buy at the bottom. loss should be closed at -46, and the eur usd buy should gain 18 pips.



usdchf sell should gain 18 pips. but i used a larger lot on this one.

the math:

yesterday half of the cover: $5.30 = 53 pips.
plan for today loss cover = --$4.60. (that should alreaedy be profit anyways.)
USDCHF sell for 18 pips 0.02 lot = $3.60
EURUSD buy for 18 pips 0.01 lot = $1.80.

Total nett profit/loss: +$6.10
Have I got something on my face, SOLDIER?
  • #4,876
  • Nov 17, 2011 5:42pm Nov 17, 2011 5:42pm
more party to the group! bought aud usd. cycle day and as projected, hits demand zone on daily.
Attached Image (click to enlarge)
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should be good for 80 pips i believe.



that 50% is on daily so thats my target of 80 pips.
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Have I got something on my face, SOLDIER?
  • #4,877
  • Nov 17, 2011 5:56pm Nov 17, 2011 5:56pm
shit if the DZX could fly 20 poits up from now... thats trouble for me.

crud.
Have I got something on my face, SOLDIER?
  • #4,878
  • Nov 17, 2011 6:00pm Nov 17, 2011 6:00pm
USDX in bearish divergence. i could handle some DD here... oi... -.-
Have I got something on my face, SOLDIER?
  • #4,879
  • Nov 17, 2011 6:41pm Nov 17, 2011 6:41pm
this would be one of my biggest wins in a day soon.
Have I got something on my face, SOLDIER?
  • #4,880
  • Nov 17, 2011 7:22pm Nov 17, 2011 7:22pm
its all about managing drawdown and trade management.

this one is a winner no doubt.

give it few hours i will be swimming in pips.
Have I got something on my face, SOLDIER?
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