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14 Year Old Forex Trader's Lessons

  • #6,761
  • Apr 23, 2012 2:00am Apr 23, 2012 2:00am
Quoting alterchristo
pake MABB ya bro?
qqqqq



qqqq, bahasa Indo buma ini bagus banget, jadi kalo buma pake bahasa Indo takut orang2 pada ketawa terkagum2 krn banyak belajar kosa kata baru.
qqqqqq
kidding bro... pis pis pis

actually you should not use only sma u can use another things like fibo or critical levels to trade.
like this the powerfull kg level
yoi mas bro ....it's familiar for me although some [little] traders don't like it...ini kid nya kgk ngerti bhs indonesia trus piye ki mas bro? mana english ane pas2an...wkwk....gan ane like simple trading with minimal indicators to use with my analysis...ye deket2 ama PA analysis...ane try to follow this trit maybe I can improve my trading style with some masters at here...wkwk...sorry with my bad english.....peace & cheers.....
  • #6,762
  • Apr 23, 2012 2:07am Apr 23, 2012 2:07am
in 30 minutes we can have a potential turning point on our hands
14:30 London Time. If price continues to fall to this time - we're gonna be looking for a long. If it pulls back from this downward momentum look for a short trade. will update as this progresses.


10 min eurusd chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_10_min_chart.png Size: 19 KB
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  • #6,763
  • Apr 23, 2012 2:33am Apr 23, 2012 2:33am
Entry with TP and SL
LoNg trade entry 1.3149
3173 target
stop at 3134

R/R ratio : 1.53:1
(23 pips TG 15 pips risk)

note that explanations arent included... just the call for the free ones.
Attached Image
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  • #6,764
  • Apr 23, 2012 2:55am Apr 23, 2012 2:55am
Quoting bumapatria
Entry with TP and SL
LoNg trade entry 1.3149
3173 target
stop at 3134

R/R ratio : 1.53:1
(23 pips TG 15 pips risk)

note that explanations arent included... just the call for the free ones.
wew mantapz...need indeep analysis to buy price at strong down trend..anyway i have the same direction with your trade...cheers...
  • #6,765
  • Apr 23, 2012 3:04am Apr 23, 2012 3:04am
Quoting hnsx99
yoi mas bro ....it's familiar for me although some [little] traders don't like it...ini kid nya kgk ngerti bhs indonesia trus piye ki mas bro? mana english ane pas2an...wkwk....gan ane like simple trading with minimal indicators to use with my analysis...ye deket2 ama PA analysis...ane try to follow this trit maybe I can improve my trading style with some masters at here...wkwk...sorry with my bad english.....peace & cheers.....
ya coba kontak aja di PM, njejengan njaluk kontake kid iku.
masalah trade nganggo indikator po orak iku pilihan bro, seng njenengan anggep nyaman ya lakoni ae.
ngonolah kira2.
nganggo indikator nek rak ngerti artine juga sama aja, begitu juga naked, trade naked tapi rak iso moco PA yo podo ae isine meng budrek tok.
hahaha

good luck buy-nya.
Simplicity Is The Ultimate Sophistication ~LDV~
  • #6,766
  • Apr 23, 2012 3:42am Apr 23, 2012 3:42am
Move stop to BE+1 recommended for the long trade.

i have booked 2/5ths of profits.


Nailed this intraday turn so far.
Attached Image (click to enlarge)
Click to Enlarge Name: move_stop_to_BE+1.png Size: 12 KB
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  • #6,767
  • Apr 23, 2012 3:44am Apr 23, 2012 3:44am
Quoting alterchristo
ya coba kontak aja di PM, njejengan njaluk kontake kid iku.
masalah trade nganggo indikator po orak iku pilihan bro, seng njenengan anggep nyaman ya lakoni ae.
ngonolah kira2.
nganggo indikator nek rak ngerti artine juga sama aja, begitu juga naked, trade naked tapi rak iso moco PA yo podo ae isine meng budrek tok.
hahaha

good luck buy-nya.
yoi mas bro, mengke tak kontak ae cah niku ..sopo ngerti .. nganggo boso jowo iso nyambung ...wrakadah...wkwkwk...
  • #6,768
  • Apr 23, 2012 3:57am Apr 23, 2012 3:57am
stopped rest at BE+1.

Made +15 pips on 2/5ths positon.

Made +1 pips on the 3/5ths on BE+ profit.


theres your first market live call so far. Just 15 pips - unlickily taken out at +1 and we do that with intraday trades around 15-20p profit on EURUSD. Protect profit when it is significantly made. Dont re-enter if you are stopped at BE. its a whole new market situation.
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  • #6,769
  • Apr 23, 2012 8:28am Apr 23, 2012 8:28am
Can I ask why do you have the title "Commercial Member"? Are you selling something?
  • #6,770
  • Apr 23, 2012 8:35am Apr 23, 2012 8:35am
Quoting Forex5050
Can I ask why do you have the title "Commercial Member"? Are you selling something?
Hello forex yes that would be true.
i have explained in in a post few pages back on why im doing it etc... its a market timing + signal + analysis service basically.
thats it.

its still a journal here but - just with a little addition and offer for anyones interested.

heres my website
http://timingthemarket.weebly.com/ou...et-timing.html
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  • #6,771
  • Apr 23, 2012 3:30pm Apr 23, 2012 3:30pm
Heres our current trade + signal. (analysis only to subscribers)
also included the chat in which i posted it to show it is tradeable Good $Hit the stars shapes stars and all the voodoo (exagerated )

theres the chat

+ chart. yes i do trade my own signals. i will not give you somethign i wont trade myself.
also posted the before after chart on our time. again this is only complete to subscribers.

UPDATE: Ouranos (commerical me ) now provides subscribers with intraday newsletters on the go fast-to-the-point when trades present themselves. inclusive of market commentary and charts. this is especially done with the over '1 - 2 hours intraday traed. somethign that you're only going to go for 30mins is on-the-go snap on skype.
Attached Image (click to enlarge)
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Attached Images
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  • #6,772
  • Apr 23, 2012 3:48pm Apr 23, 2012 3:48pm
"man ure a BSer using all this stuff and stars. you're an idiot"
recent email i got from the usual kind of people. basically told him to f-off in a professional way.:
markets vibrate to price and time energy more than you think. this is something that might seem crazy but we are using correlation. similar to what traders do from currency to currency. if you had a cycle that at least takes 50%+ (or more) accuracy on the dollar index and it takes a 50%(or more) hit rate to your 2:1 trade and turning point and you are already a profitable trader. Do not assume something is wrong just because you decide to comprehend it in another way.


dont think its possible?
chart talks. i have to admit - we dont always get it right. thts true. we lose. thats true. we win thats true as well.
we dotn always top-bottom wee i caught the major swing.. markets can accelerate trends at these time sensitive points and gauged with price - its charged even more. sometimes it stalls. sometimes it bottoms/tops a little bit (like our free call this morning). Sometimes it does medium. sometimes its drasticly over our expectations.
Targets arent always hit. Thats why MM is there. sometimes whipsaws happen. price levels dont get always respected.
Ouranos is well equipped and ready for all the possibilities the market hits us.

I traded this move - so did the traders who subscribed. I shown my entry on the post above.



heres the eu trade. 50% of the analysis is there rest for.... yeah we know ... : subscribers lol so it didnt bottom straight away on the price level it did whipsaw a bit - but we had our stop - it didnt get hit - so continue the trade. we had perfect trades before sure... but again - people who seek perfection are really not good for the FX or trading IMO. people who look for an edge... SMART. hehe lol me and a speech!

Attached Image

Attached Image (click to enlarge)
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  • #6,773
  • Apr 24, 2012 6:43am Apr 24, 2012 6:43am
I thought i can share analysis on possible big moves brewing up possibly -

Heres a chart of USDnok. norwegian krone. it is correlated to dollar index pretty closely and when you cant analyze DX - take the nok or DKK .. etc..
imo it requires a strong trader to trade it and be brave to hold well 300 pips DD and 1000 pips TP (thats like normal EU 100 pips) - BUT this is like a twin of the DX so its always nice to watch as supplemtary to other forms of analysis on actual trade-able and more 'comforting' currency pairs.

Markets are cyclical - exploit it. that was my old signature. check out last 2 times price was reactign towards the same circle size just from different highs and lows and when it 'exits' it.

Think of strength and weakness. Where in a circle logically would Price support/resist easier? the sides? an angled curved point of attack to a stable curved center? the center? Think of gravity .


lets see if we do get a major usd dump and break out of this circle.
Cycles are shown as well. already rejected a level as well.

coudl we drop?
USD to weaken?

Prev. cycle hits were accurate to the tee on tops and bottoms.

enjoy it
hope it helps

we got trade setups so if anyones interested just holler for a subscription might miss something nice

i think we have a pretty decent group of traders and its really nice there..

PS elliot waves wise - i keep things VERY Simple. no need to get fancy.
cycles simple as well. i have nothign 'fancy' on supplemetary analysis charts .


reactions when possible?
FOMC Statement + Fed Rates. (QE3?)

we are already short on the dollar on pairs like EU (unluckily we missed cable but thats fine) with some profit stops as well and we are just really awaiting to see if it takes out this circle or not.

Ill update it when it does or reacts otherwise.
Attached Image (click to enlarge)
Click to Enlarge Name: DOLLAR_NOK.png Size: 32 KB
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  • #6,774
  • Apr 24, 2012 6:56am Apr 24, 2012 6:56am
we closed a loss in eurcad.. on the pullback entry for more pips possibly. we had a larger cycle at work and booked about +150 ish pips on the top and i thought it could go higher given the situation. maybe it finds support on the angle now and goes up. Losses happen - go find another trade another time.

i wont be an A$$ and only put winners.
when it does go in your favor - awesome. if it doesnt - oh well! dont ruin the R/R of the trade planned earlier
Attached Image
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  • #6,775
  • Apr 24, 2012 7:04am Apr 24, 2012 7:04am
Current eur calls/signal/trade are for the market to push up here and take out 3200.

booked most on the lower trade - and 2nd is intraday scalp also booked some there,

intraday eur analysis - quiet market. still looking for the market to rise to our 2nd target for the long (Hourly chart target)
30 pips higher from curr. market price to possible resistance - or a stop run.

our latest call so far only caught 10-15 pips btw... sorry cant see a better view - the h1 chart is shown the after effect.. nothing big.

so that 30m chart was where the call happened and market rises a few. perhaps we gotsta wait for US open. either way - if it takes it out at our trail - so be it.

(+1 pip BE is a maneuever i do after the trade grows into 1:1 Risk . say u risked 30 pips for a trade. ure winning 30 pips. book say 1/5 or 1/3 etc.. and leave it to BE+.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Long_eu_intra.png Size: 13 KB
Click to Enlarge Name: Pips_profit_eurusd_current_trade.png Size: 53 KB
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  • #6,776
  • Apr 24, 2012 7:06am Apr 24, 2012 7:06am
Quoting bumapatria
Current eur calls/signal/trade are for the market to push up here and take out 3200.

booked most on the lower trade - and 2nd is intraday scalp also booked some there,

intraday eur analysis - quiet market. still looking for the market to rise to our 2nd target for the long (Hourly chart target)
30 pips higher from curr. market price to possible resistance - or a stop run.

our latest call so far only caught 10-15 pips btw...
mantapz gan ....
  • #6,777
  • Apr 24, 2012 7:22am Apr 24, 2012 7:22am
Quoting hnsx99
mantapz gan ....
ngak...
honestly im being more careful - and minimize the intraday calls since market conditions on majors (EU mostly ) are 'quiet'.
i prefer volatile markets and swingy ones.

heres what a simple call on eur yen turned out to be. this is before and one of my first calls to when i only have 1 subscriber..

one happy fellow he was !

we only risked about 100 pips (WTF ONLY?? Lol.. its a swing trade!) and we had targets of 150 pips and 200 pips based on some price levels (R/R of 1.5:1 - 2:1) and booked it all ... its a short term cycle but it worked well...

again apologies for the different TF view - but basically we caught almost a week of a rally which was a nice start to my little business venture of a 15 year old no?
(we really should edit the thread name... LOL

Attached Image (click to enlarge)
Click to Enlarge Name: EUROJPY_venus_mercury_declination.png Size: 38 KB

Attached Image
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  • #6,778
  • Apr 24, 2012 7:45am Apr 24, 2012 7:45am
watch for a possible turning point in bout... right now.
based on the SQ9 and some configuration of intraday astro.
(EURUSD is the one to watch and eurjpy are my intraday 'picks' for these cycles).

i cant get into detail into how i do the timign method - but it involves 'fast movers'.

at daily low range and also some support sighted. nothign complicated here..

It could be 'worhty' or not to trade because of small range so aim for bout 20 pips i guess would be good. stop of 11 id say pips and tg of 20 to reach the daily high and possibly take out some 'round number stops'

see how this goes down
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 27 KB
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  • #6,779
  • Apr 24, 2012 7:55am Apr 24, 2012 7:55am
Your trading analysis so impressive for me...bdw do you analysis USDJPY for anticipation news [US New Home Sales] at 10.00am NewYork Time ?
  • #6,780
  • Apr 24, 2012 8:06am Apr 24, 2012 8:06am
Quoting hnsx99
Your trading analysis so impressive for me...bdw do you analysis USDJPY for anticipation news [US New Home Sales] at 10.00am NewYork Time ?
i still have a lot to improve and i will never be perfect - but i can always be better. Dad always told me that . Effort + dedication. always. passion also is neededd in this no doubt

i do not trade dollar yen due to its slow nature and low pip range - i prefer bigger ones.. but i guess leverage could change that but then again not my thing... btw USDYen PA is nice on those spikes and sellooffs btw on the hourly


If its US news - and i do use a little fundi analysis with what i do and Home sales ud really want to trade the Dow. (maybe its too volatile for you.. coz it does move bout 20 pips in say 3 minutes? ) i do trade the Dreaded D.O.W. but to the life of the traders that subscribe to me - only 1 decides to trade it as well! I try to find balanced pairs in which is comfortable enough in its nature to trade for everyone's styles of trading.
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