14 Year Old Forex Trader's Lessons

added on pin retest

ugly action closed initial lower buy lot's half, and eventually all of it...
buyers not moving fast enough, im banking what i can


10 pips closed.

now i can risk this one to run, and if hit 10 pips loss ill close it for BE

venus sextile saturn in 7 hours.

venus:goddess of love. has leadership of two signs. has power ofver love and money. in this case i care bout the money part! attraction, passion, anything to do with love.

Sextile, a position in which harmony is expected not as much as a trine but still accepting each other


saturn: gas giant big planet. big effect.In astrology, Saturn is associated with restriction and limitation.


my thoughts in 7 hours: Restriction of Money?
Limits of Money?

Possible events: Not enough to bailout Europe? US has limits to money printing? Trade with China over?

3 ppips up on the higher buy and stop at -10

dont like it. no reaction bulls retreat, im a bull i retreat too.

doji candle indecision, im out +1



total daily gain +11

i can always trade later, and thats what matters

my favorite pattern! that doji effect became another bull, they aint giving up yet, neither am i.

entered another buy at the bull followthrough close
entering minor supply

closed for 3+


daily gains 14+

my price/time limit order

hows the market treating you?

the market is not treating me well. after working hard for 2 weeks and gathering about 900 pips of profit. i blew half just from trying out the DJIA without stop losses. remind me to not fight wall st. i might stick to currencies for now, unless i am following the trend for equities. need to rebuild my profit pool.

i know my biggest issue is to take action on losses when i know i should.
lucky, i only blew my profits and not my principal.

i am quite surprised that the EUR/USD didn't follow thru and hold at the mid 1.345. fundamentally speaking, it didnt make sense to me.

hi guys i'm still waiting to do the big trade but the time isnt just right. i,m still scalping but its time consuming but fun. i just realised i attached one from yesterday anyway i hope your trades go in my stars are being good to me , take care

whats the 'big trade'? a swing trade?

care to share?

take care to u too billy

good red

just need focus thats all and understanding of price.

hey guys 9 pips up currently on eur usd buy.


might have a range market, but on my other chart, bollinger bands are pointing upwards, volatility seems normal, good trending up for bulls.

some profit taking predicted, closed half at +7

yup profit taking occured. close +3.
might be redux of previous wave, and possible truncation here.
total daily gain= 24 pips.

bought quite impulsively on cycle and had to wati for some hours for proper action. had drawdown but managed well closed for a pip.

daily gains stand at 25 pips.

25% of daily target

square of twelve experiment. range of price was 36 pips and 144 x 0.25 = 36

here is the after effect

good 8 pips in matter of seconds

correction 5 pips. execution was nuts.

daily gains = 30 pips.

this one took a little longer. anyways that was square of nine for you.

also supply level.

half a circle 0.5 x 81 = 40.5

swing was 45 pips.

made 6 pips.

hits my target.

also had a little elliot wave analysis.


daily gains: 40 pips