14 Year Old Forex Trader's Lessons

forecasted and current resuult
of dollar index


lookin to go to 79.25 at least

euryen shorts doing fine stops to +1 on both. covered half at +74 left rest running.

covereed rest from the other acc for all of +73. left with the remaining lower trades

usdx hit target forecasted.

Is that gannalyst pro? I haven't used that in ages.

still got 105 to drop first before a possible bounce

yes JR i am very cheap lol.

i cant get around wave59 formatting for ascii. which is annoying me actually.

not sure if i can use mt4 data for it

stopped out +1 remaining. total made +75.
not bad.

heres what i got left on eur yen

always applying the stop to BE+1 after 25 pips rule.
worrst comes to worst u get 1 pip profit. ure only risking profit.

was based on this setup

i got myself a euro aussie setup to go short

heres the actual trade short and some elliot wave counts
a regular divergence

target is on this chart
1.2341...
also anoteher count



either way i think its going down for now.

trading it and hopeful for the best (to hit the target) and prepare for the worse (stop loss to rescue the day)

Hello Buma,

I see an inverted H&S in daily chart and also a falling long term wedge broken on Jan 25th. I believe those are signs of bullish continuation.

61.8% Fib resistance may be a good chance to sell and also it is the third top now in daily in the same level. And the trend line break in weekly is yet to re-test.

Bullish flag too!!

my respectvie view on gold
http://www.forexfactory.com/showthre...53#post5406953
http://www.forexfactory.com/showthre...30#post5406930

seems you've got a lot of pips today dude...
nice job.
still busy eh?
will catch up in skype... (need some help here)

yes sindu pretty busy lol. will catch up for sure later late afternoon - evening time our time


euro yen stopped out +4

since audusd might be strengthing eurusd might be too - but maybe overall strenght between eur and aud right now is that aud is gaining strength against euro.

so i mightve traded negative correlations there not a full front attack on a the euro. or maybe the yen was still weak.
just a note to self. . .

-------------------------------------------
i have set my stop to breakeven +1 on euraud.

this is a pippete broker btw and i cant get used to 5 decimals. pretty stupid. they can slip us all they want for cryin out loud- even wiht lower spreads and more "accurate" ones they can slip us easier too.

anyways thats brokers not traders

+21 at the moment.
back to studying ! check maybe in frankfurt open for progress

Yeah i looked at that. The moment i went back to that thread after posting here, i saw your charts there

euraud update

hey buma, it's either up or down, and understand price ranges and volatility, as well as what drives price.

good buying price 1.32 good selling price 1.33, but take a look at the daily chart forming a possible double top, again for all the wave counts, planets, ranges, its either up or down buddy lol

1.33ish is good selling, so far...........even fundamental views are either up or down. feds fund rate is bullish for everything with higher yields than the USD and the situation in greece is bearish however China is to exposed as well as the other CB's

wait for good prices withing the current move, even though we might possibly go down and a possible double top is evident...........what is happening now? seems like 1.32 is well defended, recognize the bargains and the pricey levels and trade it accordingly, do not be afraid to admit you are wrong, or take a loss

no one knows what the hell will happen in the future, not Soros, not me, not you or no other speculator that reads patterns into the transaction record.

keep buying when the price goes up
keep selling as long as it goes down