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14 Year Old Forex Trader's Lessons

  • #5,141
  • Nov 24, 2011 8:28pm Nov 24, 2011 8:28pm
Quoting Link
Bumma, its seems that you trade more on crude oil than forex. Do you make a lot of profit on crudes and stock market ?

with time, one can feel what one is connected with. yes, i enjoy indicies and crude.

currencies are dying out on me.
perhaps if they interest me again....

Have I got something on my face, SOLDIER?
  • #5,142
  • Nov 24, 2011 8:31pm Nov 24, 2011 8:31pm
Quoting bumapatria
with time, one can feel what one is connected with. yes, i enjoy indicies and crude.

currencies are dying out on me.
perhaps if they interest me again....

Do they offer you leverage ?
  • #5,143
  • Nov 24, 2011 8:33pm Nov 24, 2011 8:33pm
Quoting Link
Do they offer you leverage ?
yeah of course.
a lot too if ure up to the game but oil is a nice liquid market, moves faster than currencies.
Have I got something on my face, SOLDIER?
  • #5,144
  • Nov 24, 2011 8:35pm Nov 24, 2011 8:35pm
Quoting bumapatria
yeah of course.
a lot too if ure up to the game but oil is a nice liquid market, moves faster than currencies.
who is you broker ?
  • #5,145
  • Nov 24, 2011 8:40pm Nov 24, 2011 8:40pm
Quoting Link
who is you broker ?

not the best broker in the wordl for sure.

Euromaxfx. i like them coz of the easy deposits and withdrawals, and fixed spreads. (not commercializing them)

and i think oil has 6-7 pip spread. easy to beat, but get those high class brokers that offer liek 0.1 or 0.2 spreads. that is the bang for scalpers.

anyways here u go
Have I got something on my face, SOLDIER?
  • #5,146
  • Nov 24, 2011 8:43pm Nov 24, 2011 8:43pm
Quoting bumapatria
not the best broker in the wordl for sure.

Euromaxfx. i like them coz of the easy deposits and withdrawals, and fixed spreads. (not commercializing them)

and i think oil has 6-7 pip spread. easy to beat, but get those high class brokers that offer liek 0.1 or 0.2 spreads. that is the bang for scalpers.

anyways here u go
Thanks man, I will start to study crude chart if they are profitable. Just one last question, are you trading live for crude oil or you are just practicing ?
  • #5,147
  • Nov 24, 2011 8:51pm Nov 24, 2011 8:51pm
Quoting Link
Thanks man, I will start to study crude chart if they are profitable. Just one last question, are you trading live for crude oil or you are just practicing ?
live of course!

closed for +8 on that one. momentum looks bearsih.

i say do this for easy crude trades. when those inventories come out, more oil means lower prices therefore u sell, less crude oil means higher demand so buy oil. u can even leverage that a little for easy trades. and usually it sets its elf up on the chart and magically is at support or resisance/ supply/demand for u to buy or sell.

and any strategy can be used for any market of course. making 30 pips in an active session is like p.o. cake and its easier tahn asking a currency to move 30 pips.

m1 chart on oil looks like a normal m5 chart. its really nice, but has its risks.
Have I got something on my face, SOLDIER?
  • #5,148
  • Nov 24, 2011 11:12pm Nov 24, 2011 11:12pm
You see this a valid short, sir?
Attached Image (click to enlarge)
Click to Enlarge Name: bum1.jpg Size: 130 KB
  • #5,149
  • Nov 24, 2011 11:25pm Nov 24, 2011 11:25pm
supply is consumed in ur tf. ill check my higher tf charts

96.73 on mine seems valid sell
Have I got something on my face, SOLDIER?
  • #5,150
  • Nov 24, 2011 11:33pm Nov 24, 2011 11:33pm
i stand bullish on oil for next week.

supply looks more consumed than demand ill post a square of nine later.

ill short it at the 50% convergence with a 61.8 fib fan confluence possibly thats a 200 point jump to there if price and time meet there
Attached Image (click to enlarge)
Click to Enlarge Name: s and d oil.gif Size: 17 KB
Have I got something on my face, SOLDIER?
  • #5,151
  • Nov 24, 2011 11:41pm Nov 24, 2011 11:41pm
solar eclipse in 45 minutes.
Have I got something on my face, SOLDIER?
  • #5,152
  • Nov 24, 2011 11:45pm Nov 24, 2011 11:45pm
Quoting bumapatria
solar eclipse in 45 minutes.
Buma

What about spagetti alla matriciana?

mla
"The Heart is the hub of all dances; go there and chill out"
  • #5,153
  • Nov 24, 2011 11:57pm Nov 24, 2011 11:57pm
Quoting bumapatria
solar eclipse in 45 minutes.

Aussie market has an action or reaction on full moons.. 87% of time .. if tides very hi more movment.. Wells wilder.. who invented RSI and other indicators,.. had a whole method based on Tides and moon cycles... call ed Delta Force or somthing..full moon dark moon etc..
  • #5,154
  • Nov 25, 2011 12:00am Nov 25, 2011 12:00am
Quoting mla
Buma

What about spagetti alla matriciana?

mla
heres what i got on google. i think that should make a good swing point and a cycle line

http://t0.gstatic.com/images?q=tbn:A...IGGdUieWRrz5Lw
Have I got something on my face, SOLDIER?
  • #5,155
  • Nov 25, 2011 12:02am Nov 25, 2011 12:02am
Quoting danc
Aussie market has an action or reaction on full moons.. 87% of time .. if tides very hi more movment.. Wells wilder.. who invented RSI and other indicators,.. had a whole method based on Tides and moon cycles... call ed Delta Force or somthing..full moon dark moon etc..
ever wondered why those periods are set accordingly?
Have I got something on my face, SOLDIER?
  • #5,156
  • Nov 25, 2011 12:05am Nov 25, 2011 12:05am
Every solar eclipse is also a New Moon, a time when new forms begin coming into manifestation. In the markets, solar eclipses are thus often powerful indicators of new trends beginning to take shape, although those trends may not always be fully apparent to the majority of traders and speculators. That's why insights into solar eclipses can provide savvy traders with a winning edge.

http://www.afund.com/eclipse.htm
Have I got something on my face, SOLDIER?
  • #5,157
  • Nov 25, 2011 12:08am Nov 25, 2011 12:08am
Quoting bumapatria
heres what i got on google. i think that should make a good swing point and a cycle line

http://t0.gstatic.com/images?q=tbn:A...IGGdUieWRrz5Lw


mla
"The Heart is the hub of all dances; go there and chill out"
  • #5,158
  • Nov 25, 2011 12:19am Nov 25, 2011 12:19am
eclipse in 15 seconds
Have I got something on my face, SOLDIER?
  • #5,159
  • Nov 25, 2011 12:20am Nov 25, 2011 12:20am
mark.

solar eclipse is live.

got my orders ready, now im gonna eat my bro's tempe and rendang!
Have I got something on my face, SOLDIER?
  • #5,160
  • Nov 25, 2011 12:51am Nov 25, 2011 12:51am
hello uptrend!
Have I got something on my face, SOLDIER?
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