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14 Year Old Forex Trader's Lessons

  • #7,101
  • Jun 13, 2012 11:37am Jun 13, 2012 11:37am
Quoting bumapatria
And another profitable voyage on EURCAD. Called, AND traded the bottom for 90 Pips

I made a video about this only available to members to explain the trading setup. The whole video was more or less analysis on the astro basis and a lot of ephemeris analysis on natal i'd like to keep low about so cant post that. Email screenshot and brief screenshot of video attached.



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90 pips TP hit.
thx for the 'info'
redsword11, IfMyante, KennyZ, bumapatria, JohnPaul77 made my trading style.
  • #7,102
  • Jun 14, 2012 12:17am Jun 14, 2012 12:17am
Quoting changbachang
thx for the 'info'
Hi Chang how are you?
If anything info wont be found much from another person but from oneself opening the mind and seeing it all from a different angle, perception and mindset.

im not sure what info i said
hows trading? new broekr well?

Regards
Have I got something on my face, SOLDIER?
  • #7,103
  • Jun 14, 2012 12:20am Jun 14, 2012 12:20am
We still have some partials running here since our last trade on silver and subscribers were notified of this trade setup in about 13 cents profit so far on the add-on and we will see how it goes for the Argentum.

http://timingthemarket.weebly.com/3/post/2012/06/silver-charging-up-a-rally.html
Have I got something on my face, SOLDIER?
  • #7,104
  • Jun 14, 2012 12:29am Jun 14, 2012 12:29am
People at true peace with themselves and fear no death.

http://www.nzherald.co.nz/world/news...ectid=10812949
Have I got something on my face, SOLDIER?
  • #7,105
  • Jun 14, 2012 8:49am Jun 14, 2012 8:49am
Silver add-on stopped out - market was actually lining up to a timeline of the pattern sheesh why did i miss this? Oh well hakuna matata, made about over $1 moves on longs this week on this baby so can't really complain on a move to increase profits from profits.
Attached Image


Anyways something lining up on gold will post that in a minute.
Have I got something on my face, SOLDIER?
  • #7,106
  • Jun 14, 2012 8:56am Jun 14, 2012 8:56am
Gold 30min
If we keep falling to the time of 19:00 - 20:00 GMT +3 Time (17:00-18:00) we could be finding a good time to get long. Nearing the 1x1 angle as well.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #7,107
  • Jun 14, 2012 9:06am Jun 14, 2012 9:06am
USDCHF has broken an important side-1x1 angle here and shorting now at current levels for price to find better support at the end of the square.
Attached Image
Have I got something on my face, SOLDIER?
  • #7,108
  • Jun 14, 2012 9:40am Jun 14, 2012 9:40am
Quoting bumapatria
Hi Chang how are you?
If anything info wont be found much from another person but from oneself opening the mind and seeing it all from a different angle, perception and mindset.

im not sure what info i said
hows trading? new broekr well?

Regards
the info that i mention is burried inside the 'sentence' from what u said/write


gonna stay practice in demo , managed to bring my live acc fund back to the first place tou , and after that began to do mistakes again (wrong perception, forgot check higher tf,etc xD) ,soo gonna practice again

the new broker is good ,still in demo account tou , havent move my live acc from Pfd cause i notice that somewhat pepperstone kinda laggy or what ,must do some test and compare Pfd and Pepper again
redsword11, IfMyante, KennyZ, bumapatria, JohnPaul77 made my trading style.
  • #7,109
  • Jun 14, 2012 9:45am Jun 14, 2012 9:45am
Quoting bumapatria
Gold 30min
If we keep falling to the time of 19:00 - 20:00 GMT +3 Time (17:00-18:00) we could be finding a good time to get long. Nearing the 1x1 angle as well.
its now bouncing between s & r , wanna do dance but must practice more
redsword11, IfMyante, KennyZ, bumapatria, JohnPaul77 made my trading style.
  • #7,110
  • Jun 14, 2012 10:26am Jun 14, 2012 10:26am
Quoting changbachang
the info that i mention is burried inside the 'sentence' from what u said/write


gonna stay practice in demo , managed to bring my live acc fund back to the first place tou , and after that began to do mistakes again (wrong perception, forgot check higher tf,etc xD) ,soo gonna practice again

the new broker is good ,still in demo account tou , havent move my live acc from Pfd cause i notice that somewhat pepperstone kinda laggy or what ,must do some test and compare Pfd and Pepper again
Awesome, one of the hardest parts is when you go breakeven and i had a little hurdle there before clearing true breakeven. Now its (Thank God) smooth trading. Not only practice but becoming a habit is critical. A routine is a good way to do analysis. What should you do first? Then what? What is the plan? It doesnt have to be written although many pros recommend that. Im more of a mental thinker than written thinker. Keep at it bro !

Laggy price feed? Didnt know that...
Have I got something on my face, SOLDIER?
  • #7,111
  • Jun 14, 2012 10:54am Jun 14, 2012 10:54am
a question from me:

if anyone can answer this - how do you withdraw profits? what is the plan?

Do you do it weekly? Monthly? Withdraw profits once balance reaches a certain level?
Make a certain amount of profit and withdraw? leave some to trade with a small %?

Trying to work this whole withdrawing thing out maybe some traders can input some ideas.
Have I got something on my face, SOLDIER?
  • #7,112
  • Jun 14, 2012 5:02pm Jun 14, 2012 5:02pm
Quoting bumapatria
a question from me:

if anyone can answer this - how do you withdraw profits? what is the plan?

Do you do it weekly? Monthly? Withdraw profits once balance reaches a certain level?
Make a certain amount of profit and withdraw? leave some to trade with a small %?

Trying to work this whole withdrawing thing out maybe some traders can input some ideas.
When I was actively trading, I didn't live off the income or anything. I just kept the money there until I saw a need to withdraw. Like a guitar or something.
  • #7,113
  • Jun 14, 2012 5:26pm Jun 14, 2012 5:26pm
Quoting JR97
When I was actively trading, I didn't live off the income or anything. I just kept the money there until I saw a need to withdraw. Like a guitar or something.
oh okay, i personally got more frugal as with the inflow of profits and find it actually harder to spend money than before.

i think ill do well with withdrawing a certain % of profits when i feel like it and also a leave a certain % for growth of the account. will definitely work it out.

If i am not mistaken i have seen somewhere of a guitar fund and under your username but on a different forum. how did that go? what guitars do you like? Ibanez? ESP? Schecter?


Glad you're back Chad, it was getting awfully weird with you gone!
Have I got something on my face, SOLDIER?
  • #7,114
  • Jun 14, 2012 5:27pm Jun 14, 2012 5:27pm
USDCHF update - 18 pips into profit moving stop to breakeven.
Attached Image
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  • #7,115
  • Jun 14, 2012 9:33pm Jun 14, 2012 9:33pm
http://video.google.com/videoplay?do...77267078611049

i love the sugar example
very good video on trading...
Have I got something on my face, SOLDIER?
  • #7,116
  • Jun 14, 2012 11:34pm Jun 14, 2012 11:34pm
Going to friday prayers now, and once back i have a video to show a forecast on EURUSD on some really major stuff coming up - greek elections and all. I would say its more of a review of the market than a forecast and im not trading it straight from the chart shown (daily chart) and i come to explain why due to risk etc....
This is given to subscribers as well so no blurs and hidden stuff. Have fun with the cycles i'll show , disclosing one of my favorites, + the major event in the sky, happening and what happened before etc.
Notice i did mention the moon on the ephemeris but thats the least of my concern.
I wil be back later and hope the upload will be done by then!
Have I got something on my face, SOLDIER?
  • #7,117
  • Edited 1:11am Jun 15, 2012 12:43am | Edited 1:11am
Video is ready for viewing!
The major things occuring are of the larger celestial bodies and i did mention the moon but thats something i am not going to look at strognly based on a daily chart. So please enjoy, comment as you wish and this is as sent to subscribers so no blurring thi time out. This again is a REVIEW more than a forecast. if i had to trade this im going short but i have explained in the video why im not going for jumping the gun on the friday close.
15 minutes in length enjoy the video!

http://www.screencast.com/t/yOgp89Ciz
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  • #7,118
  • Jun 15, 2012 12:51am Jun 15, 2012 12:51am
EURCAD 50 Pips Trade + Call.
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had a loss on eurnzd for -45 pips previosuly as well.
Have I got something on my face, SOLDIER?
  • #7,119
  • Jun 15, 2012 7:12am Jun 15, 2012 7:12am
here is what is building up on silver at the moment. And US data coming out in 20 mins probably setting up for bearish data.

i will trade this later but i am at a pause for giving out calls to subscriebrs - given the weekend elections coming so this is just somethign intraday and not really official still a trade setup tho. valid as long as its running on the orange angle holds.
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  • #7,120
  • Jun 15, 2012 7:24am Jun 15, 2012 7:24am
Shapes scaled to a certain factor are like rulers that measure lengths and in this case, measuring price/time units. theres a way to manually coutn out the values but geometry is one way to do so without going through the hassle of finding the factor of price to time.

Ellipses on GBPJPY 15min at the moment.
Fractal natures of the market. sell-offs and rallies are all the same if looked at from a certain nature
in this case all the sell-offs are actually the same thing. Price/time wise.
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