14 Year Old Forex Trader's Lessons

http://www.bloomberg.com/news/2012-0...s-midwest.html

If you like astrology you might want to explore the Jupiter Square Neptune aspect occuring that can "Explain" the drought.

http://timingthemarket.weebly.com/13...m-to-come.html

If anyone remembered this then it should be of no surprise to where Wheat is right now right?
Impressive rally and the one that we caught on the call i made - i thought that was over...

YOU MUST MUST MUST READ THIS.
OF UTMOST IMPORTANCE.

The most important part is to be READY.
http://timingthemarket.weebly.com/2/...-expected.html

Very interesting and intriguing stuff. So when do you think the turn will take place? I know you had posted previously that a turn was going to happen approx mid Aug.

Regards,
rozario173

Yes mid august is if it follows the mirror image pattern it has been playing out thus far.
The bottom of the mirror is around 15-17 August.
Is it still going to follow it though thats the matter.


The fundamentals are as good as dirt. (maybe worse)
The date itself of this major event is well today. Dont expect instant effects though.

Theres ways to trade this.
1: Dont trade it.
2: Trade a daily chart with your selected bias
- Short for a drop
- Long for a turn
- Wait for a clearer trend bias to play out (higher highs higher lows)
- High impact news such as QE3... (unexpected out of market expectations)
3. Trade an intraday timeframe with your selected bias using the astro factors intraday easily done with faster movers.


The thing is the mars uranus oppositon since 2005 IS correlated to only BEARISH TRENDS of the EURUSD.
SO IS Uranus Pluto.
Thats what makes me a little wary of even trading this.

Predicting The China GDP
http://timingthemarket.weebly.com/2/...china-gdp.html


theres a wide gap between predicting/forecasting and trading. The forecast is a scenario analysis of what COULD happen with a higher chance of the opposite outcome. It's not a trade yet.

Doing Great !!!

Supply is taking some beatings , but
I do believe we will see 1.53's Close though ..Maybe tomorrow ..

So , see Ya tomorrow

- BTW , Fantastic blog ..

Faded the news in AUDUSD
i closed it at +15 pips but maybe a little too early

7.7% Expected GDP
Result 7.6%

Now the Chinese economy is definitely showing signs of a slowdown in its expansion and Australia's economic data also points to a potential rate cut (maybe - perhaps not too severe yet) and the GDP was just a minor rally towards the Aussie being @ Expectations (0.1% off ) but it has no other reason to bring the market up further ,and doesnt change the market sentiment. So faded that and done there bye bye.

SO prediction yesterday is kinda more like the overall situation in China and what is to be expected and no kidding it was 0.1% lower than forecasted haha

Dedicated to traders who have wives, or girlfriends!

beauty short on EURUSD

Barrier option interest maybe @ 2150 can we make it?

Buma

What is your risk in pips?

Longed Aud for a few 29 pips in total (not the best of entries i have to admit)

I had to comprehend this news first
"
Spanish Deputy PM speaks!

By Jamie Coleman || July 13, 2012 at 13:32 GMT
|| 0 comments || Add comment

 

1. Cabinet approved spending cuts for 2012
2. Approved budget decree, decree on competitiveness
3. Approved local administration reform
4. Spain to reform pensions to boost sustainability"

-forexlive.com

Its into the 1.0220s area as i post this

my risk for that trade?
i was willing to risk 1:1 so around 10-15 pips
for fast stop collecting or momentum trades that go so fast.

I use a script to autoclose orders and i find it faster than right clicking and press this and that so i prefer to use that when im going for these type of trades.

you will see above i had no stop either on aud trades.

cable is skyrocketing

crazy market
9+ pips
on eurusd into 2250!

This is a video on how we did on the live calls last week
http://www.screencast.com/t/rLNtZPWwWr

Net Profit of Live Calls: 85+ Pips
Total Profit (for Subscribers on all calls): +115 Pips

GBPJPY Forecast
GBPJPY 1h
lets see how this plays out for the current short

Working well so far - stop to breakeven. in 25+ pips profit.
Members were sent notices to limit risk by moving the stop to breakeven once the initial risk = the profit at hand.

And we knew all this in advance...

54+ pips in GBPJPY profit taken.

For giggles and awe
before and after.

good progress kid.....