14 Year Old Forex Trader's Lessons

more news update

Way to hit them man. I am so much better off since deciding to only stick with the higher TF's and leaving those charts behind for good, but it was a transition, and each TF can trade different and so I had to almost learn how to trade in many ways all over again.

Looks like you had a good day man, Congrats!

tommorow's ecb rate decisions and other high impact news should move price.

deutchebank says that greece has 3 days to avoid default.


inevitable? or can greece buy more time? or is their time up?

aspect i would be watching today

Moon 180 neptune. 15:51 GMT +2 time. 13:51 gmt/utc time.

It sure shoul. Being that for now I am only trading higher TF's, I try not to get mixed up in that stuff. I just want to make sure I have good stops set. Now I can spend my time doing so many things while my trading is going on rather and everhything waiting to trade. Anyway, Hope you catch some pips man. I really have to get some sleep. After all these years I have a lot of school work to do tomorrow. I didn't do any today
!

yep, of course...
u be felxible with the market, in any timeframes and any markets,,,
knowing the usage of different timeframe is very usefull to my recent trades.
actually I'm just trying to go with what bigger pictures tell me.

have a good day too buddy...

saturn resistance - jupiter resitance


the sun has similar resistance values.

45 degrees of price values from the resistances of 32 and 33 (3200, 3300) are 29 and 30 (2900 and 3000).

targets for shorts.

interesting.. sun 180 moon's hit was 132. - 13200.

rotating45 degrees from here is... ,1.2700..


interesting...

something cool bout the thread...
6000 posts so far - and 400 pages.

400/6000= 0.6666666666666666....

hi buma...
my view in GU..what do you think

wow,, nice catch abdul

nice...

venus cycles do have harmony with cable as well. lets see if ur sell is going to be in heavy profit soon

the average catches pretty much good movement on EU - almost to the actual movements that occur.

a flick in current forecast.

Mars has now turned retrograde and Saturn will be turning Retrogade on 7th February 2012. Retrogade Mars is reversing some of the negative price actions since December but once Saturn goes Retrogade, things will slowly move from bad to worse in all likelihood reversing all gains made in recent past. The impact of retrograde Saturn will take place throughout February all the way to 3rd week of March

Forecast for Euro-USD: Expect range bound movements between 1.26 and 1.32 during the week; Sell on Rise recommended [On a technical basis, some base effect can be observed in the 1.25 levels and eventual targets are 1.1825 which will not be attained in a hurry but this is significant information one should bear in mind.

The main thing is to have more patience with your trade and to hold on to it long enogh to realize if you made it into the top or bottom oF what could be a nice long run. Then, add on safe trades in safe positions which won't lose much if price goes against you. Also to realize that if you are up 300 pips, you could be in a 1000 pip run, finding ways to not getting scared and closing crucial, as you may not find a price that good again ever during that run. I also think that defining entry rules is critial to success and to keep your indicators free of cluter.

Also, step away now and have some fun. You won't need to check your trades for a while so go.

The last thing to get used to is that because I am going for long runs my account willl also start out going down first. You may hit a long run right away, but chances are you will not. Oh yeah, you can also play a lot more pairs so I keep my risk fairly to make sure I have enough margin to trade all those pairs. I want to add D1 and W1 soo, but for now I am trying to perfect H4 first as I believe each chart should be traded a little dfiferentl.

There, how is that for how?

quote=alterchristo;5366229]yep, of course...
u be felxible with the market, in any timeframes and any markets,,,
knowing the usage of different timeframe is very usefull to my recent trades.
actually I'm just trying to go with what bigger pictures tell me.

have a good day too buddy...[/quote]

good morning buma and all..
update

daarn.. stopped out +2 on this one.


even better. will short 3315.

shorted eu . always use SL.

(not seen in this timeframe)

longed here,,,, awaiting take profit @ the nearest target...