14 Year Old Forex Trader's Lessons

I am still in it, trailed Sl to 100.16. Market is going no where. I am not initiating new trades till next week.

Hey Buena,

When you are drawing the geometrical designs, how do you know they are squared to start? I can find the angles needed from different websites but, once you have your basic design, how are you adding the numerous crossbars at the correct angles?

I have some knowledge with graphic programs (lithography field) and can create the designs thru it but, haven't quite determined how to do the same here. Any suggestions? Am I going about this the wrong way?

Thanks for your input.

I have a tool for drawing trend lines with the angles attached. Its working.....kind of. Lets just say my initial designs are really ugly compared to your creations!

snip from chatroom earlier this morning.

and now.
free money huh

Only for smelly fingered traders .
EURCAD hourly.

EURCAD closed with +15 pips. A gamble to get long this pair really even for a smelly fingered trader.

Silver looks ready to make a strong move down if it can really show some more bearish momentum below the 1x1.

market sentiment definitely risk-off, market reaction towards ADP employment which ended up higher than forecasted was "buy the dollar".

Sovereign stops on EURUSD smooshed and whooped yesterdayaround 2500 and DEFINITELY in bear mode. ECB rate cut by 25 Bps.

NFP positive - i mlooking at silver to dddddrop.

ill be releasing a video later tonight on the calls i gave (not much) and also a thought on silver. on the big perspective.
might surprise

Many people are interesteed in subscribing (Damn it its june!! ;P)
so i finally decided to cut ma prices to being standard!

that doesnt lower the quality tho


Please for those willing to subscribe EMAIL me or contact me through PM !
no loose paypal payments please
http://timingthemarket.weebly.com/ou...et-timing.html

http://www.screencast.com/t/dUUrSBUmDpex

Weekly Review and the Bleak Outlook of Silver

1 Hour After Market Open: Trade on Cable on Monday
http://www.screencast.com/t/OUTEcoRMwpr

GBPUSD TP HIT
http://www.screencast.com/t/OUTEcoRMwpr - Call to get long 1 Hour After Market Open on GBPUSD


Updated




Here is something interesting showing up. we already got 50 pips on our intraday trade - perhaps there is more to come soon from Mrs. GBP?

GBPUSD Daily Outlook

GBPUSD is definitely one of the stronger majors that isn't a commodity pair. EURUSD is being butt-r@ped and GBPUSD, AUD, and NZD are the ones holding up. Mars crossing over the equator has a cool correlation to turning points with the pair on the daily chart. Also a funky aspect im watching, its squares are seen with great precision with turns. Aspects are marked with blue verticals and equatorial crossing of Mars marked with dotted red verticals. Arrows mark the squaring of the funky aspect and its reactions previously.


Chart 2:
Cable's bottoming process after a strong vertical - little to no pullback typed sell-offs are usually bottoming out after a chop upwards then down then up again. a market fractal present even since 2005. ive shown the recent one compared to the current one.

Pound Yen for a Rally?
http://timingthemarket.weebly.com/2/...e-upwards.html

GBPJPY to breakeven on long.
Now at +25 pips profit.
Continuation or a fall?

Price meets time on hourly silver chart

GBPJPY Update

I made this blog post before on EURUSD mirror image on the daily chart
and heres the update.
Blog Post:http://timingthemarket.weebly.com/2/...forecasts.html

based on the mirror image if we are still going to follow this with the same quality of precision we have, the bottom is not coming until mid august.

Chart on Blog post
http://timingthemarket.weebly.com/up...91605_orig.png

Updated

we basically predicted the market reaction to the FOMC on silver
but its a small move this one. about 15-20 cents profit from my position. closed for a small profit.

BUY AUDUSD on July 12 (tommorow or today depending on ur timezone) at 05:00 GMT

Explanation here
http://timingthemarket.weebly.com/2/...-gmt-time.html

GBPJPY is again setting itself up for a long. It is flagging to the timeline of the square and its a bull-flag falling to the time. The LONG is what to look for. The pair is sustaining very well compared to other majors' that took a beating yesterday after some "re-assurance" yesterday from the FOMC minutes from what was said on the previous meetings.

50-60 pips is the viable target for longs around 123.85-124.00 area.

Eh-hem... its only been 20 minutes by the way

GBPJPY update

TP Hit
50+ pips


seems we traded and predicted this news event ahead of time eh?