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14 Year Old Forex Trader's Lessons

  • #6,401
  • Mar 8, 2012 9:09am Mar 8, 2012 9:09am
nice to be back with this amount of pips.

one trade that requires MUCH MUCH MUCH more patience is... yup. soybeans. so slow.
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Have I got something on my face, SOLDIER?
  • #6,402
  • Mar 8, 2012 9:37am Mar 8, 2012 9:37am
nice to see those green pips
  • #6,403
  • Mar 8, 2012 10:01am Mar 8, 2012 10:01am
i have added on to AUDJPY on a nice retrace to the golden section ratios with a time setup.
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Have I got something on my face, SOLDIER?
  • #6,404
  • Mar 8, 2012 11:46am Mar 8, 2012 11:46am
Moved my stops higher below the low as it confirms the bounce.
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Have I got something on my face, SOLDIER?
  • #6,405
  • Mar 8, 2012 1:11pm Mar 8, 2012 1:11pm
Lets close some of EURJPY of the one above for +206 pips.
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  • #6,406
  • Mar 8, 2012 1:18pm Mar 8, 2012 1:18pm
closed AUDJPY addon for +46 pips.

sometimes nto all addons can be ridden for full profits to the ultimate target.
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  • #6,407
  • Mar 8, 2012 11:57pm Mar 8, 2012 11:57pm
Moved stops to BE+ on gold.
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  • #6,408
  • Mar 9, 2012 7:59am Mar 9, 2012 7:59am
made a new page on my blog on techniques...
http://timingthemarket.weebly.com/pr...echniques.html
Have I got something on my face, SOLDIER?
  • #6,409
  • Mar 9, 2012 8:51am Mar 9, 2012 8:51am
added aud and gold longs
http://timingthemarket.weebly.com/2/...-pullback.html

http://timingthemarket.weebly.com/3/...don-trade.html
Have I got something on my face, SOLDIER?
  • #6,410
  • Mar 9, 2012 9:27am Mar 9, 2012 9:27am
a good trade it is.
Low risk for high reward exists with precision .
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  • #6,411
  • Mar 9, 2012 9:50am Mar 9, 2012 9:50am
gold just said bye bye to the hidden gap of NFP
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and about $#$#@$# time too soybeans...
it dropped too
i swear im going to KILL myself if next week's merc retrograde has no reaction whatsoever..
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Have I got something on my face, SOLDIER?
  • #6,412
  • Mar 9, 2012 9:54am Mar 9, 2012 9:54am
resilient piece of...

went down to open and back around highs. soybeans.. soybeans..

we'll see what next week brings us
Have I got something on my face, SOLDIER?
  • #6,413
  • Mar 9, 2012 11:36am Mar 9, 2012 11:36am
if the week closes here at least we know sellers are entering the market.
stop to BE i guess.
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  • #6,414
  • Mar 9, 2012 8:51pm Mar 9, 2012 8:51pm
Doesn't look like there are any problems with your trading like you were mentioning before lol...I say take mommy and daddy's credit card and fund up that account. Start making some real money
  • #6,415
  • Mar 9, 2012 11:30pm Mar 9, 2012 11:30pm
Im from indonesia too. Want to learn from you
rgds
  • #6,416
  • Mar 9, 2012 11:33pm Mar 9, 2012 11:33pm
Quoting bumapatria
gold just said bye bye to the hidden gap of NFP
Attachment

and about $#$#@$# time too soybeans...
it dropped too
i swear im going to KILL myself if next week's merc retrograde has no reaction whatsoever..
Buena , you use volume in your chart. But its only volume in retail market from your broker. Is it significant to base on it?
rgds
  • #6,417
  • Mar 10, 2012 1:09am Mar 10, 2012 1:09am
Quoting ShanB
Doesn't look like there are any problems with your trading like you were mentioning before lol...I say take mommy and daddy's credit card and fund up that account. Start making some real money
i do have a real account but havent touched it for a month or two.
wil have to think about it but no doubt ill hit that road of trading once more

Have I got something on my face, SOLDIER?
  • #6,418
  • Mar 10, 2012 2:10am Mar 10, 2012 2:10am
Quoting rexfo
Buena , you use volume in your chart. But its only volume in retail market from your broker. Is it significant to base on it?
rgds
hi rexfo, i am no pro myself, but i think all the info on how i trade is "out there" roaming around iin the net and in books ,and in charts themselves. My posts have a lot of show-and-tell of why i took a trade so i guess i leave a few hints here and there. also have a blog so that might help. but more or less i made it to remind myself of what i learnt, what i traded what i done - a place to secure my thoughts in one place.

Doesnt matter. Tick volume or actual volume it shows price change. I dont trade solely on volume but its more of a confluence for my trades. It does help to read the smart money flow into it.

but its not my strength . p/t is so far , and basic PA concepts are also part of my base.

have a good weekend
Have I got something on my face, SOLDIER?
  • #6,419
  • Mar 10, 2012 2:29am Mar 10, 2012 2:29am
I second that.

Quoting ShanB
Doesn't look like there are any problems with your trading like you were mentioning before lol...I say take mommy and daddy's credit card and fund up that account. Start making some real money
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #6,420
  • Mar 10, 2012 2:44am Mar 10, 2012 2:44am
Quoting bumapatria
hi rexfo, i am no pro myself, but i think all the info on how i trade is "out there" roaming around iin the net and in books ,and in charts themselves. My posts have a lot of show-and-tell of why i took a trade so i guess i leave a few hints here and there. also have a blog so that might help. but more or less i made it to remind myself of what i learnt, what i traded what i done - a place to secure my thoughts in one place.

Doesnt matter. Tick volume or actual volume it shows price change. I dont trade solely on volume but its more of a confluence...

Are u sure u ar learning all the appropriate/right stuff ? Have you reach the basic stage where u know what one needs to know in order to be proficient in your trade setup? Given a choice, what are the infos you need to see in your chart in order for u to confidently execute a successful trade ? Unless and until you have all these in place. you are not ready to be a trader yet.

I am sorry if I seem harsh but currency trading is a very brutal and cut throat business where there is no limit as to how much one can lose even if you can trade successfully due to some roque mms and brokers.

If its meant to be I might drop in occasionally and mabbe just mabbe....

Its hard to believe u r 14 but cheers anyway. Take care kiddo....

GS
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