14 Year Old Forex Trader's Lessons | Page 288 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Journey Of An 18 Year Old FX Trader 16 replies

How old are you, trader? 54 replies

old trader but new learner 4 replies

Attachments: 14 Year Old Forex Trader's Lessons
Exit Attachments

14 Year Old Forex Trader's Lessons

  • #5,741
  • Jan 26, 2012 11:13am Jan 26, 2012 11:13am
heres that square of nine chart i had earlier

and i added the possibility of the sun's prev 25th november vector and insert a 200 degrees vector. also a gann number. we could reach the higher levels at 12800 so thats another reason why i put a profit stop.
Attached Image (click to enlarge)
Click to Enlarge Name: save.JPG Size: 54 KB

we hit the price quite to the pip. i went short a little late - after a intraday lunar cycle and the usd home sales data started to rest and give its true value into the equation after some early bird stop hunts. decided to come in after them.
Attached Image (click to enlarge)
Click to Enlarge Name: so yeah.gif Size: 21 KB


im trying to get into the order flow mindset of getting those to the pip entries - still wroking out the kinks
Have I got something on my face, SOLDIER?
  • #5,742
  • Jan 26, 2012 12:50pm Jan 26, 2012 12:50pm
usd cad long at parity post - early bird stop hunt.
too many sell stops to me to be triggered just yet - buyers smart possilby their stops around 9980s or lower. - price will rise due to the defense of this zone due to many limits and i also believe market longs being cashed in at the price level.

i believe attack would rise till 50 - and either limits there or a clearance of amateur limits.

1.0000 seems more important than 50 level retest but who knows.
Attached Image (click to enlarge)
Click to Enlarge Name: lots of sell stops.gif Size: 10 KB
Have I got something on my face, SOLDIER?
  • #5,743
  • Jan 26, 2012 12:59pm Jan 26, 2012 12:59pm
stop loss moved lower on dow. 50 pips target reached - stop at +3 (not +5 brokers like to mess around with spread and hit ur "+ stop" when price didnt really reach it. i guess they dont like reward:reward trades )

cleared 12700 stops not fully cleared yet tho needs to move below 680.. demand zone consumed 3x hits.
Attached Image (click to enlarge)
Click to Enlarge Name: sitting nie.gif Size: 20 KB
Have I got something on my face, SOLDIER?
  • #5,744
  • Jan 26, 2012 1:23pm Jan 26, 2012 1:23pm
stops cleared for sure in dow

lets see the demand zone any willing buyers?
or have they sold the 700 stop hunt retrace?

70 pips atm.
stop loss to +4.
Attached Image (click to enlarge)
Click to Enlarge Name: moving stop accordingly.gif Size: 28 KB
Have I got something on my face, SOLDIER?
  • #5,745
  • Jan 26, 2012 1:36pm Jan 26, 2012 1:36pm
looks more like profit taking before us market close rather than real buying.

12700 should be the ceiling that caps upmoves i think.

daily pinbar noted as well
Attached Image (click to enlarge)
Click to Enlarge Name: cap.gif Size: 28 KB
Have I got something on my face, SOLDIER?
  • #5,746
  • Jan 26, 2012 2:19pm Jan 26, 2012 2:19pm
again more demand consumption.


we hit the projected level earlier of 12650. might be the low of the swing - 3100 not cleared on eu either. no stops triggered on eu therefore we may retrace for a while.

vsa traders will look to long that upthrust for sure.
thinking in a price rise - their stops would be placed at the low of the UT - pa touch traders are drowning in their positions on longs stops also below demand zone.


we might even clear it right now. if sellers willing to attack the 50 with conviction
Attached Image (click to enlarge)
Click to Enlarge Name: stops.gif Size: 27 KB
Have I got something on my face, SOLDIER?
  • #5,747
  • Jan 26, 2012 2:26pm Jan 26, 2012 2:26pm
Yikes so close - come on

one last attack....
Attached Image (click to enlarge)
Click to Enlarge Name: so close.gif Size: 26 KB
Have I got something on my face, SOLDIER?
  • #5,748
  • Jan 26, 2012 2:31pm Jan 26, 2012 2:31pm
okay next zone for consideration is 12600.



and EU is still yet on 3100...

i gotta sleep.

(hi John ) enjoy the step by step trade
Attached Image (click to enlarge)
Click to Enlarge Name: hunted.gif Size: 27 KB
Have I got something on my face, SOLDIER?
  • #5,749
  • Jan 26, 2012 5:43pm Jan 26, 2012 5:43pm
I hated those days as an intra day trader and I will never go back. Now I sleep whenever my wife doesn't have something for me to do . You and the rest of your kind can have all of those pips .

Quoting bumapatria
i gotta sleep.
"Keep your eyes on the helpers" - Mr. Rogers
  • #5,750
  • Jan 26, 2012 5:52pm Jan 26, 2012 5:52pm
Quoting AlastorFate
What is your style of trading?
Paralysis by (over) analysis, more is better

just draw a horizontal line and you will have better trades
It takes a lot for me to IGNORE you, but you can try.
  • #5,751
  • Jan 26, 2012 6:35pm Jan 26, 2012 6:35pm
Quoting bumapatria
okay next zone for consideration is 12600.



And eu is still yet on 3100...

I gotta sleep.

(hi john ) enjoy the step by step trade
bumaa......i seeee dojiiii at daily.....hahahah


hope...snb....did not spoil it...
Bismillah
  • #5,752
  • Jan 26, 2012 6:36pm Jan 26, 2012 6:36pm
No krun no ones gonna ruin it (please LOL)
Have I got something on my face, SOLDIER?
  • #5,753
  • Jan 26, 2012 6:37pm Jan 26, 2012 6:37pm
Quoting Erebus
Paralysis by (over) analysis, more is better

just draw a horizontal line and you will have better trades
LOL - erebus

some thngs work better than others no, mate?


some like ferraris.. some like bugattis.. some like mercedes.. some like bentley.

some like vespa - some like ducati or honda or watever

u get my point right?

Have I got something on my face, SOLDIER?
  • #5,754
  • Jan 26, 2012 6:43pm Jan 26, 2012 6:43pm
since my ability to trade a naked chart is questioned..
usdcad update

didnt get catch to hunt the parity higher stops - but got a chance to fade it
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 9 KB
Have I got something on my face, SOLDIER?
  • #5,755
  • Jan 26, 2012 6:46pm Jan 26, 2012 6:46pm
Quoting bumapatria
No krun no ones gonna ruin it (please LOL)

hahaha... u remembr fed announcemnet?...hahahahah
Bismillah
  • #5,756
  • Jan 26, 2012 6:47pm Jan 26, 2012 6:47pm
Quoting damonl
I hated those days as an intra day trader and I will never go back. Now I sleep whenever my wife doesn't have something for me to do . You and the rest of your kind can have all of those pips .
its a swing trade btw damon -
just trying to know whats up before sleepin
Have I got something on my face, SOLDIER?
  • #5,757
  • Jan 26, 2012 6:50pm Jan 26, 2012 6:50pm
Quoting krunfx
hahaha... u remembr fed announcemnet?...hahahahah
dont talk no fed annonuncement to me lol



but i thank them for making the dow rally. (coz i wanna short).
Have I got something on my face, SOLDIER?
  • #5,758
  • Jan 26, 2012 7:13pm Jan 26, 2012 7:13pm
Quoting bumapatria
dont talk no fed annonuncement to me lol



but i thank them for making the dow rally. (coz i wanna short).
'
huhuhu...oh really.... ...gud buma.....

but i see the dow looks like nhave potential to 14000 (long term)
Bismillah
  • #5,759
  • Jan 26, 2012 7:16pm Jan 26, 2012 7:16pm
Quoting krunfx
'
huhuhu...oh really.... ...gud buma.....

but i see the dow looks like nhave potential to 14000 (long term)
the dow is a resilient index. if u see previous market crashes even the 08 one - it rises back again. you know what they say bull markets last longer than bear markets.
Have I got something on my face, SOLDIER?
  • #5,760
  • Jan 26, 2012 7:20pm Jan 26, 2012 7:20pm
Quoting bumapatria
the dow is a resilient index. if u see previous market crashes even the 08 one - it rises back again. you know what they say bull markets last longer than bear markets.
ohh..ok... but weekly chart have potential to show reverse if it fail around 12875...... break should make this fuck dow to 14ooo soon..hahaha
Bismillah
4 traders viewing now