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14 Year Old Forex Trader's Lessons

  • #5,201
  • Dec 3, 2011 12:17am Dec 3, 2011 12:17am
3/12/2011

Confluence IS KING + PA.

that is my edge. confluence + PA + news if they all line up that is how i get 100+ swings.

http://www.forexfactory.com/showthre...15#post5190515
Have I got something on my face, SOLDIER?
  • #5,202
  • Dec 3, 2011 9:47am Dec 3, 2011 9:47am
Okay.. 25 bsp rate cut expected.. and pretty clear rejections
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  • #5,203
  • Dec 3, 2011 9:49am Dec 3, 2011 9:49am
confluence is king.

TOTAL OF 9 CONFLUENCES

now wtf is that!

i bet its 10 with a momentum divergence
aussie
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  • #5,204
  • Dec 5, 2011 10:01pm Dec 5, 2011 10:01pm
Quoting bumapatria
Lesson 12/1/2011:

i find myself better off trading higher timeframes from now on. i got bored of scalping for some reason. i usde to scalp extreme and TP fast and do this do that, but i feel better off trading higher tfs.


I think the higher time frame suits people like us the full time employees. I guess buma you are a full time trader and that you have time for scalping. I like your S and R trading way. I am learning it. Personally I trade H1/H4/D but I do at times check the M5/M15/W. Good luck to you.
  • #5,205
  • Dec 5, 2011 10:45pm Dec 5, 2011 10:45pm
Quoting sniperfxmy
I think the higher time frame suits people like us the full time employees. I guess buma you are a full time trader and that you have time for scalping. I like your S and R trading way. I am learning it. Personally I trade H1/H4/D but I do at times check the M5/M15/W. Good luck to you.
hi sniper, i believe i can do h1 perfectly (to my abilities) and i acn do m5 and m15 but sometimes u slip a little on m5 but looks like a big mistake sometimes. one thing bout higher Tf u gotta have a backup plan one way or another. a stop loss is not a plan, it just stop loss. my goal is to end every day with profit, and monthly 10% target



good luck to you too
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  • #5,206
  • Dec 7, 2011 3:17am Dec 7, 2011 3:17am
lesson learnt: 12/7/2011

no more cross pairs for me. it doesnt suit me at all. the correlation is mixed up with my other trades and not good spreads and yet i challenge it

perhaps next time on another account and another broker
Have I got something on my face, SOLDIER?
  • #5,207
  • Dec 7, 2011 3:25am Dec 7, 2011 3:25am
Why do i trade?


this could be emotional... :

well i trade because its fun, its fullfilling, and i feel this is what i want to do as part of a hobby and a job. more importantly, i feel that i want to be able to succeed and work BY MYSELF without a boss, i will be the boss when i (god willingly) be able to make businesss and partnerships in the future. i also want to be able to help build stronger foundations for my country to be able not to give, but give the basis of better education and better job opportunities to my people.

many things i like and i can nail if i have the will and passion to do so like affiliate marketing, soccer, athletics, graphic design, i have that passion but trading gives me a different feel to it. it really humbles you as a person, it punishes you when you make a mistake, you learn from it, and its life in moving candles.
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  • #5,208
  • Dec 7, 2011 5:58am Dec 7, 2011 5:58am
This is what I mean by critical demand
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  • #5,209
  • Dec 7, 2011 7:14am Dec 7, 2011 7:14am
Hello Good Evening,
Hope all of you are fine and i hope for the best for you people for your trading.
Guyz!
We have never ever discussed about the agricultural products like wheat, sugar etc.
Let me tell to you people that these are too good for the profitable trading i have ever traded.
My net result in these commodities is +95%.
So i would love to see your comments upon these commodities.
Kind Regards:
Saifullah Junaid
From: Pakistan
"Sensible Trader"
  • #5,210
  • Dec 7, 2011 7:18am Dec 7, 2011 7:18am
Quoting junaidsaif
Hello Good Evening,
Hope all of you are fine and i hope for the best for you people for your trading.
Guyz!
We have never ever discussed about the agricultural products like wheat, sugar etc.
Let me tell to you people that these are too good for the profitable trading i have ever traded.
My net result in these commodities is +95%.
So i would love to see your comments upon these commodities.
Kind Regards:
Saifullah Junaid
From: Pakistan

commodites

ive always wanted to trade them but hell my broker doesnt have them... i heard forex.com has and i might give it a shot..

hey mr.junaid my friend here is my new thread for trades taken: http://www.forexfactory.com/showthre...=1#post5202598

with all the warmest welcome please post ur trades there also analysis and all, u are most welcoem to join my trading journal on that thread

take care my friend

salam
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  • #5,211
  • Dec 7, 2011 7:19am Dec 7, 2011 7:19am
Quoting Pbh
This is what I mean by critical demand
hahaha yeah got 15 on that

http://www.forexfactory.com/showthre...98#post5202598
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  • #5,212
  • Dec 7, 2011 8:07am Dec 7, 2011 8:07am
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  • #5,213
  • Dec 7, 2011 8:08am Dec 7, 2011 8:08am
Quoting Pbh
NICE MAN great ct trade
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  • #5,214
  • Dec 7, 2011 10:42am Dec 7, 2011 10:42am
For buma =)
http://www.forexfactory.com/showthre...36#post5203436
  • #5,215
  • Dec 7, 2011 10:51am Dec 7, 2011 10:51am
Quoting Ravissek
For buma =)
http://www.forexfactory.com/showthre...36#post5203436
thanks so much ravi but let whoever chciken hammer me to death, i trade i trade live, i am overall profitable 1%+ a day or in worst case scenario still + for the day, and i know im better than him. where are his trades?

i absolutely HATE people who just talk talk talk and no ACTION. that is just b/s.

i saw u have courage to post ur gold chart on supply demand when u even bought the TOP. that is almost humiliation to most people but u have the guts and dignity to do so.

i know that sreym wont.
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  • #5,216
  • Dec 7, 2011 1:17pm Dec 7, 2011 1:17pm
Looks like I am good in make decisions
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  • #5,217
  • Dec 7, 2011 8:55pm Dec 7, 2011 8:55pm
wow man good job thats some kickass long
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  • #5,218
  • Dec 7, 2011 9:01pm Dec 7, 2011 9:01pm
Quoting Ravissek
Looks like I am good in make decisions
that is a classic resistance becomes support scenario and if u look to the left u can see there is supply btu broken becoems demand

nice job rav!
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  • #5,219
  • Dec 8, 2011 5:03am Dec 8, 2011 5:03am
Quoting bumapatria
that is a classic resistance becomes support scenario and if u look to the left u can see there is supply btu broken becoems demand

nice job rav!
i have good teacher =)
  • #5,220
  • Dec 8, 2011 5:21am Dec 8, 2011 5:21am
i scalped short there and didnt see to go long therefore u exceeded the ability to look think and act against my always wanting to go short on gold
Have I got something on my face, SOLDIER?
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