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14 Year Old Forex Trader's Lessons

  • #6,341
  • Mar 1, 2012 12:58am Mar 1, 2012 12:58am
brief trading results:
http://timingthemarket.weebly.com/5/...irst-post.html
Have I got something on my face, SOLDIER?
  • #6,342
  • Mar 1, 2012 4:27am Mar 1, 2012 4:27am
http://timingthemarket.weebly.com/2/...-pips-net.html

made some pips here... analysis below
and post mortem analysis on the post
Have I got something on my face, SOLDIER?
  • #6,343
  • Mar 1, 2012 7:30am Mar 1, 2012 7:30am
very nice .bunba
  • #6,344
  • Mar 1, 2012 8:15am Mar 1, 2012 8:15am
Quoting saeidhidari
very nice .bunba
bunba... is that a new nickname ?


u should post some of ur analysis on elliot sometime would definitely appreciate it
Have I got something on my face, SOLDIER?
  • #6,345
  • Mar 1, 2012 8:23am Mar 1, 2012 8:23am
Hello BUNBA

Will consider a short if it breaks below 3280.

Else buy in a PB if upward movement confirms.

Mr.Benny will confirm
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  • #6,346
  • Mar 1, 2012 8:31am Mar 1, 2012 8:31am
Quoting FX Tsunami
Hello BUNBA

Will consider a short if it breaks below 3280.

Else buy in a PB if upward movement confirms.

Mr.Benny will confirm
if u talk of longs i guess at current price would be good but only till the double top's neckline then maybe close some and leave rest to BE if you wanna try ride the trend.

screw bennie i cant understand what he says. okay maybe i can but i didnt try or dont wanna LOL. i do check in my newsfeed for stuff but i prefer to eb there before the news not after.

LOL bunba...

im a bun. a doughnut bun
http://newyork.seriouseats.com/asset...uto-146777.jpg
Have I got something on my face, SOLDIER?
  • #6,347
  • Mar 1, 2012 8:42am Mar 1, 2012 8:42am
Quoting bumapatria
if u talk of longs i guess at current price would be good but only till the double top's neckline then maybe close some and leave rest to BE if you wanna try ride the trend.

screw bennie i cant understand what he says. okay maybe i can but i didnt try or dont wanna LOL. i do check in my newsfeed for stuff but i prefer to eb there before the news not after.
whatever it is, this god damn thing is heading north.... seems like it...
  • #6,348
  • Mar 1, 2012 9:19am Mar 1, 2012 9:19am
swissy looks to fall
call was made on europe session

http://timingthemarket.weebly.com/2/...ort-trade.html

did shakeout a bit but check the volume it doesnt support the upmove.
now just need to wait it out. mercury 90 mars heliocentric timed this trade.

volume and PA was the price analysis which ill be using as a base to all price analysis...
increasing volume on lower spread upbars and a final shakeout and then a move below the 4h open ... aggresive sellers. big money flow. now its the herd to follow or not follow.
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  • #6,349
  • Mar 1, 2012 6:28pm Mar 1, 2012 6:28pm
This is why structuring a trade is an important skill. In this type of tape it is not a good idea to short a stock that is showing as much relative strength as MSFT. FCX which i mentioned would still be in the money, it was a better risk-reward trade as it had been showing relative weakness.

As far as the SPY-FCX spread it is up about 2.8% from the beginning of the week
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  • #6,350
  • Mar 1, 2012 11:10pm Mar 1, 2012 11:10pm
fcx
breakout line buying
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  • #6,351
  • Mar 1, 2012 11:44pm Mar 1, 2012 11:44pm
Quoting saeidhidari
fcx
breakout line buying
nce long there saeid!
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  • #6,352
  • Mar 1, 2012 11:55pm Mar 1, 2012 11:55pm
yuck yuck yuck i got stopped out on swissie on all the shorts for BE+1ers.. hmph....
oh well no capital lost right?

thats what matters
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  • #6,353
  • Mar 2, 2012 12:27am Mar 2, 2012 12:27am
Microsoft didn't work out. stopped out on that one - yep strength on that stock all right! but no worries small loss. all about containing loss - thats what im trying to learn anyways.

soybeans high probability setup
details on my blog
http://timingthemarket.weebly.com/3/...ort-setup.html
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  • #6,354
  • Mar 2, 2012 1:09am Mar 2, 2012 1:09am
GBPYen short....
low risk as well

http://timingthemarket.weebly.com/2/...on-gbpjpy.html
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  • #6,355
  • Mar 2, 2012 3:09am Mar 2, 2012 3:09am
stop hunt crude...
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  • #6,356
  • Mar 2, 2012 3:09am Mar 2, 2012 3:09am
what's your name broker ?
  • #6,357
  • Mar 2, 2012 3:17am Mar 2, 2012 3:17am
Quoting saeidhidari
what's your name broker ?
my main one is euromaxfx
and im trying out Admiral markets and forex.com recently..

admiral has some stocks , forex.com has the nice gold crosses and the commodities

not advertising them - just helping out Saeid here
Have I got something on my face, SOLDIER?
  • #6,358
  • Mar 2, 2012 7:09am Mar 2, 2012 7:09am
GBP USD
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  • #6,359
  • Mar 2, 2012 10:48am Mar 2, 2012 10:48am
Quoting saeidhidari
fcx
breakout line buying
Where's your stop, down another 1.6% right now.
  • #6,360
  • Mar 2, 2012 11:07am Mar 2, 2012 11:07am
Quoting ShanB
Where's your stop, down another 1.6% right now.
He had a profit stop .
Have I got something on my face, SOLDIER?
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