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14 Year Old Forex Trader's Lessons

  • #5,721
  • Jan 25, 2012 11:18pm Jan 25, 2012 11:18pm
more food for thought.

moon 100 degrees from prev location on the rally date today

since the moon probably passed this zone coupla times before - i still think it would be of greater importance as everything else lines up today.

no need to post charts - way too big
Have I got something on my face, SOLDIER?
  • #5,722
  • Jan 26, 2012 12:08am Jan 26, 2012 12:08am
buma...wahts that....i have seen that previously but forgot its name....what fibo?hhuhuh
Bismillah
  • #5,723
  • Jan 26, 2012 12:24am Jan 26, 2012 12:24am
heliocentric charts with mars - earth - merc - adn venus.

soem geometry showing on the charts


somethings brewing up i think...
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  • #5,724
  • Jan 26, 2012 1:09am Jan 26, 2012 1:09am
looks "geometrically correct" for a target and a drop to me. targets are the fib fans and the circular s/r and the grid's 1x1 - and confluence for shorts are
1.all those aspects i analyzed and their positions above.
2. All Mandelbrot Set counts and fib bar counts lead to today.
3. Median line of andrews pitchfork perfect hit.
4. i see a triangle being formed here - looks like deadly accurate to be equilateral.
5. Resistance level.
6. Volume divergence - price rises with falling volume.
7. Cycle of price movement - accumulation - mark up - distribution - mark down. We are possibly at the distribution stage.
8. 127.6 extension (not on this chart but prev. charts)
9. Grid cycle of 45 and meeting at the intersection of grid with rising price action.
10. Prices on the square of nine are numbers of the ordinal cross top left corner - strong s/r value.


ive never so seen so much confluence ever before.
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  • #5,725
  • Jan 26, 2012 1:14am Jan 26, 2012 1:14am
if anyone is interested in murrey math we are at overshoot zone +1/8 over 8/8.

murrey's works are based on gann's division of price into eights.

so thats conflunce added to #11.
Have I got something on my face, SOLDIER?
  • #5,726
  • Jan 26, 2012 2:17am Jan 26, 2012 2:17am
Quoting bumapatria
hey anewr how r ya?

im good mate - tiny account doing well as wlel as the bigger acc as well.

gold ... it takes tiem for one to understand the way it moves. it really isnt like currencies. it gives many fakes - it fools around - profit potentials are huge on either direction you trade - potential of loss even larger as well.

gold pip values are "greater" by that i mean price can move $10 USD in value in 1 hour and a $10 USd move is 100 pips converted to pips.

its that crazy.
stop losses can slip - so can TP orders not get hit.

be...
Hey dude... Yeah I'm doing well. Haven't traded live for over three months now though. Been working on my strategy. Will be studying gold more though so I can trade it. Seems like an exciting thing to trade. Also just at of curiosity, as a gold trader, where do you see gold heading in the next few weeks and months? Ike I said just curious... Seeing you trade it so much.
  • #5,727
  • Jan 26, 2012 3:10am Jan 26, 2012 3:10am
Quoting bumapatria
guys im beat. really having 3+ swing trades that take so much analysis and effort and just get em BE'ed out takes the wind out of you. a lot . questions my whole trading ability.

do notice i might not post for a while.

take care eveyone
Hey Buma,

I have started following your thread since a few days and I am very impressed. Do not let this unexpected occurrence set you back - I believe that the direction of trades you took was right (short Gold especially) but the timing was wrong. Cyclically I am seeing a turning point from this Friday to next week... lets see.
Money is the result derived from the execution of a skillset
  • #5,728
  • Jan 26, 2012 3:20am Jan 26, 2012 3:20am
Quoting Marquis
Hey Buma,

I have started following your thread since a few days and I am very impressed. Do not let this unexpected occurrence set you back - I believe that the direction of trades you took was right (short Gold especially) but the timing was wrong. Cyclically I am seeing a turning point from this Friday to next week... lets see.
hi marquis - thank you for your kind words
yeah for a time trader its a shame to get timing wrong. what ticked me off the most was that i didnt took profits.

well no doubt i have same perspective of gold at weekly close - as my weekly cycles are pointing for a drop in price after this rise.

stick around
Have I got something on my face, SOLDIER?
  • #5,729
  • Jan 26, 2012 3:32am Jan 26, 2012 3:32am
What is your style of trading?
'For the market to work, it needs people who think that they can beat it.'
  • #5,730
  • Jan 26, 2012 3:36am Jan 26, 2012 3:36am
Quoting AlastorFate
What is your style of trading?
i trade price with time.
i trade cycles - gann squares - market geometry. as long as price and time is right - market will more often than less give a swing.
Have I got something on my face, SOLDIER?
  • #5,731
  • Jan 26, 2012 3:40am Jan 26, 2012 3:40am
A little cycle action for you buma, ca/ch

Ranges getting tight on these last few bars up, will short the next test of .91966. Possible reverse by next cycle line if target not hit
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  • #5,732
  • Jan 26, 2012 3:42am Jan 26, 2012 3:42am
Quoting bumapatria
i trade price with time.
i trade cycles - gann squares - market geometry. as long as price and time is right - market will more often than less give a swing.
Something like Elliott Wave?
'For the market to work, it needs people who think that they can beat it.'
  • #5,733
  • Jan 26, 2012 3:53am Jan 26, 2012 3:53am
Quoting AlastorFate
Something like Elliott Wave?
no not really.

something like gann or astro cycles.
Have I got something on my face, SOLDIER?
  • #5,734
  • Jan 26, 2012 3:54am Jan 26, 2012 3:54am
Quoting Kas1
A little cycle action for you buma, ca/ch

Ranges getting tight on these last few bars up, will short the next test of .91966. Possible reverse by next cycle line if target not hit
nice kas - that looks nice.
i dont trade cad pairs anymore (maybe i need too because of they chill-factor is way moer chilled than any other pair )
Have I got something on my face, SOLDIER?
  • #5,735
  • Jan 26, 2012 4:30am Jan 26, 2012 4:30am
Quoting bumapatria
nice kas - that looks nice.
i dont trade cad pairs anymore (maybe i need too because of they chill-factor is way moer chilled than any other pair )
Thanks. My opinion is that every pair behaves pretty much the same way, just on a different frequency. I recently started experimenting with cycle lines to spot those possible reversal points and improve my timing. I've come to the conclusion that time is just as important as price.
  • #5,736
  • Jan 26, 2012 4:33am Jan 26, 2012 4:33am
Quoting Kas1
Thanks. My opinion is that every pair behaves pretty much the same way, just on a different frequency. I recently started experimenting with cycle lines to spot those possible reversal points and improve my timing. I've come to the conclusion that time is just as important as price.
if not more important right ?



great. i wish u all the best in ur time trading journey
Have I got something on my face, SOLDIER?
  • #5,737
  • Jan 26, 2012 5:43am Jan 26, 2012 5:43am
Stop hunt i had
for 20 pips


untuk means for - and disini means here - posted it on a local forum so a tint of bahasa indonesia comes in
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  • #5,738
  • Jan 26, 2012 6:02am Jan 26, 2012 6:02am
Quoting bumapatria
Stop hunt i had
for 20 pips


untuk means for - and disini means here - posted it on a local forum so a tint of bahasa indonesia comes in

nice price vision buma...
Love them
Simplicity Is The Ultimate Sophistication ~LDV~
  • #5,739
  • Jan 26, 2012 7:54am Jan 26, 2012 7:54am
Quoting bumapatria
Stop hunt i had
for 20 pips


untuk means for - and disini means here - posted it on a local forum so a tint of bahasa indonesia comes in
interesting view buma....hehehhe
Bismillah
  • #5,740
  • Jan 26, 2012 10:58am Jan 26, 2012 10:58am
stop to +1 before going to sleep. i can always re-enter.

save profit. i learnt it the hard way u need to protect profit.

i dont mean using BE stop after 10 pips. i reached benchmark of +25 pips and im planning to hold this short for a long time - so it doesn't matter if i get stopped ill get a pip.

i used to in the past and tendencies to ocassionaly remove stops or widen them i actually have to talk to myself out loud "NO BUMA DONT DO THAT". really loud. ok maybe not as loud as a bullhorn - but quite loud enough for my ears to hear.

NEW RULE: After a stop is made and i go into 25-30 pips profit - i will always utilize +1 profit stop. after 50 i will use a +4 stop. after 100 i will use a trailing stop of 65 pips. after 150 i will use 90 pips trail. after 200 (if i get there) 95 pip trail. and so on...

wish me all the best! specualting my 2nd market crash. 1st crash was eu after a rise at 4200 i shorted the top first live trade bla bla ive said stop showing off buma
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