14 Year Old Forex Trader's Lessons

stop hunting on eurjpy


Once you know the major cyclical factor at work for a certain currency or in this case the JPY crosses, keep buying dips or selling rallies and gun for the stops stuck on the wrong side of the market.

Okay out with 30+ pips
the setup was sent to Ouranos members

I dont understand. This trade make no sense at all. Indicator, especially this one cant be reliable. How often this method worked?

It does invert and there are "un-inverting" methods i suggest you look @ this done by our own JR97 of ff...
http://www.forexfactory.com/jr97

please click the attachments on his user profile and look at his most recent, Melo. Its not impossible.

people thought trading with cycles and funky shapes and planets was impossible - theres enough proof over numerous forum members in FF alone that it can be done and with incredible accuracy and consistency.

I just took off a trade and sent subscribers the alert on that same forecast on GBPJPY.
Now notice the forecast CAN invert and now is the inverted forecast at play.
its very easy to notice where it can invert just by observing price behaviour versus the forecast.

cable short

how far can eurusd go?


pink angle marks the end (or defence) of the uptrend. if it clears it should reach the rising 1x1. 2250 is where some bids lie - so maybe thats where we can pullback towards.

may I know how many paid followers u have?

hi soldier
atm about 5. i have a maximum of 10 i can take. (to preserve quality of service i keep a small amount).
Some are private with me some are within a group with the other traders.

stop to breakeven on cable short.
14 pips up so far.

Mission accomplished on gbpusd short

Sexy pink angle on euro updated

1.0100 is a bounty of stops and we had a nice short earlier on CAd - but the market is dead now so booked all i can - despite expecting a trip below the level. theres a perfect market fractal and the BOC press conference and bernanke testifying on some not-so bullish dollar tone today, gave an okay short.

Hi Buma,

i've been lurking for this thread for a while.
i've already read until page 300 something (great thread).

i'm thankful that i found this threat.
Many great advice from Red, Goldman, Mla, etc (either for trading or for me personally)

this is what i've learned so far from this thread.

Any input?

http://img853.imageshack.us/img853/3802/au18072.th.gif

Hi Hyota, yeah those guys are my good buddies that helped guide me on the path to trading. Redlion taught me the principles of forex and money management and thats invaluable. Mla has a lot to do with emotional workup , - goldman is the gunman of the west
its been a real long time too... 2 more months ive got one year under my belt then.

Nice trade, shorted at the supply zone i presume? Price action trading is good definitely but the common Sup/dem mistake traders take is trading against the sentiment or trend. They go blindly short @ supply and long @ demand.
A lot of traders got stuck shorting the aussie on the audusd thread (lurking here.. ) when it was clearly seen the market was accumulating while other majors were tanking - that is aussie strength. Well thats just an example that its not as simple as it seems.
but nevertheless nice trade!

I found trading with occult principles, arcana and orderflow (still learning - baby steps here....) provides me a greater edge then where i was before but hey thats just me - many ways to make money off of this silly thing we call "forex"

Thanks for reading the thread
wish u well!

btw Hyota,
a great post from Chad.
high risk or low risk - ive been able to capitalize on profitable trade setups and maximize the potential of profit by adding on. Soemthing i picked up from Chad (JR97)

"Bumpa, my adding on technique is actually pretty low risk. What I do is instead of putting my full allotted trade amount on up front, is to break it out into 3rd's or 4th's. I can then test the waters with a smaller entry and add-on as price moves in my favor. I actually make a little less overall per position than if I were to put my full amount on up front,but I also lose less if I'm wrong at the start. Also, I can lock in profits on the earlier entries and essentially the add-ons can end up being financed by the earlier entries. Sort of like playing with house money once things are going well.

Occasionally I'll get hit where the initial entry stops out at b/e and the add-ons get stopped out for a loss. Basically a b/e or winning trade overall ending up a loser. Th trick is dialing in the entry spacing and having a solid setup. "

beautiful trade on GBP/NZD
combining esoteric methods this case the new moon with a little order flow gets u good trades a little birdie told me around 1.9530-9500 theres a bunch of sell stops.

(ugly entry though - i entered and issued signal @ asia time and had to endure some DD, probably was better off fading frankfurt)
Sentiment was very easily analyzed today on the pound as well..

the mt4 chart is 5min and the charts above and below are 30min timeframes.

the call to subscribers

The new moon actually is Bullish Risk currencies and theres good options above on cable and voila

i attached a pic of the time when the new moon hit below on a 30min chart..


a little note that you cant expect all new moons and full moons and whatever astro configuration to affect a particular market - theres an easy trick around that though subscribers are given a video ystrday on how its done and voila today!

gbpyen turning point within the span of the next 2 hours.
if price keeps falling to the time, will look to get long.

GBPJPY stopped -26 pips

GBPCHF on the other hand set for a rally perhaps to 1.5421

GBPCHF update about 20 pips up, booked some left some to run.