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14 Year Old Forex Trader's Lessons

  • #7,441
  • Aug 9, 2012 1:41pm Aug 9, 2012 1:41pm
Quoting bumapatria
heres a good post by good Chad . its astro related to a question on the planetary thread few months ago but relate it to the whole step in market esoterica... ive bolded the major parts of this that need to be understood well. @Playboy i think u should read this

[i]I think it's best to take it slow. Else you'll get overwhelmed. This isn't the kind of stuff you can cram into a weekend to learn and then all of a sudden be able apply to charts like a MACD.

Learn to apply...
Noted..

You really burn my spirit dude..
Thanks a lot.. much thing i don't know..
AM Signal Provider
  • #7,442
  • Edited 2:12pm Aug 9, 2012 1:41pm | Edited 2:12pm
USDZAR
the currency pair moves about 1000 pips whatever but my broker loweres down the pip value to 1000 pips = 100 pips in value. makes it tradeable. So im risking 60 pips for something like 200 pips. make sure the pip value isnt what it is (1 usdzar pip = 1 eurusd pip) but reduced.

looks to be a wonderful swing trade setup. simple too
I think ive showcased enough of the past 5 weeks the intraday results with Ouranos. so lets get some swings in the way.

The Target is the rising 1x`.

2 charts.
Mirror image and gann square.
What i like:
Great confluence in simplicity + Ultra low risk trade great R/R

even if u dont trade it -
USD looks to strengthen imo. like some form of major risk off move perhaps
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Have I got something on my face, SOLDIER?
  • #7,443
  • Aug 9, 2012 6:12pm Aug 9, 2012 6:12pm
Quoting bumapatria
USDZAR
the currency pair moves about 1000 pips whatever but my broker loweres down the pip value to 1000 pips = 100 pips in value. makes it tradeable. So im risking 60 pips for something like 200 pips. make sure the pip value isnt what it is (1 usdzar pip = 1 eurusd pip) but reduced.

looks to be a wonderful swing trade setup. simple too
I think ive showcased enough of the past 5 weeks the intraday results with Ouranos. so lets get some swings in the way.

The Target is the rising 1x`.

2 charts.
Mirror image and gann square.
What i...
Interesting Buma.
"Men who can both be right and sit tight are uncommon."
  • #7,444
  • Aug 9, 2012 10:28pm Aug 9, 2012 10:28pm
Quoting Mike8
Interesting Buma.
it is! it is intersting no doubt!
im considering putting in some leverage in that but its allocated elsewhere (GBPUSD )
what i like about the trade as well its very simple in its decision making. those usually tend to be the good trades like the USDCHF one i posted. its like u look at it, and it doesn't take long to make a decision.

its a pure technical trade.
ill look to addon along the way if the trade goes in my direction..
Have I got something on my face, SOLDIER?
  • #7,445
  • Aug 9, 2012 11:51pm Aug 9, 2012 11:51pm
Quoting bumapatria
it is! it is intersting no doubt!
im considering putting in some leverage in that but its allocated elsewhere (GBPUSD )
what i like about the trade as well its very simple in its decision making. those usually tend to be the good trades like the USDCHF one i posted. its like u look at it, and it doesn't take long to make a decision.

its a pure technical trade.
ill look to addon along the way if the trade goes in my direction..
"Men who can both be right and sit tight are uncommon."
  • #7,446
  • Aug 10, 2012 2:24am Aug 10, 2012 2:24am
bye bye 5610 5600 on GU as i said yesterday.


its really got nothing else to defend its descend now.
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Have I got something on my face, SOLDIER?
  • #7,447
  • Aug 10, 2012 2:32am Aug 10, 2012 2:32am
wow a lot of stops there huh
covered addon and most of our intial entry (live call 4 was it?) we ve reached 4hour end deviation band extreme, good place to close target reached
Live call closed @ 60 pips profit
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Have I got something on my face, SOLDIER?
  • #7,448
  • Aug 10, 2012 2:34am Aug 10, 2012 2:34am
Profit in Pips for Live Calls for the Week = 114 pips+
Live call #1 GBPUSD Long Entry
Result = 45 Pips+
Live Call # 2 GBPUSD Short Entry
Result = -30 pips
Live Call #3 GBPUSD Short Entry
Result = +42 pips
Live Call #4 GBPUSD Short Entry
Result = +60 pips
Have I got something on my face, SOLDIER?
  • #7,449
  • Aug 10, 2012 12:59pm Aug 10, 2012 12:59pm
Video Review of Aug 6 - Aug 10 Live Calls
http://timingthemarket.weebly.com/2/...gust-10th.html

5th week of consecutive profit thus far.
Have I got something on my face, SOLDIER?
  • #7,450
  • Aug 13, 2012 2:04am Aug 13, 2012 2:04am
i am expecting today's trade to be bullish vs USD based on some astro analysis and some confriming buying ahead of frankfurt and london sessions of trade.
GBPUSD trade setup (eur and other currencies expected to rise vs usd as well)
(Live Call #1 GBPUSD Long)
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Have I got something on my face, SOLDIER?
  • #7,451
  • Aug 13, 2012 5:26am Aug 13, 2012 5:26am
Lowering risk on GBPUSD long by moving SL to 1.5650.
Have I got something on my face, SOLDIER?
  • #7,452
  • Aug 13, 2012 6:08am Aug 13, 2012 6:08am
stop to breakeven, (consider booking some profit) and we near missed our profit target by 5 pips. perhaps NY open will drive price up once more.
Attached Image
Have I got something on my face, SOLDIER?
  • #7,453
  • Aug 13, 2012 8:08am Aug 13, 2012 8:08am
closed out GBPUSD Long @ 44+ pips
i am not going to bother risking that profit for an extra 4-5 pips once more
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Have I got something on my face, SOLDIER?
  • #7,454
  • Aug 13, 2012 11:45am Aug 13, 2012 11:45am
Buma, you have seen the octave wave physics stuff right?
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  • #7,455
  • Aug 13, 2012 11:46am Aug 13, 2012 11:46am
Quoting haskellb
Buma, you have seen the octave wave physics stuff right?
hey haskel i read ur pm
and yes i have seen similar pictures shared by Chad (JR97)
its something to immerse yourself in huh??
i love anything that captivates and asks the minds a lot of questions... thanks for the vid u sent me!
"God Science"

there is nothing called "coincidence". thats something i strongly believe in. especially when it happens again and again - basically more than one.
Have I got something on my face, SOLDIER?
  • #7,456
  • Aug 13, 2012 12:02pm Aug 13, 2012 12:02pm
nice trading as always buma
  • #7,457
  • Aug 13, 2012 12:07pm Aug 13, 2012 12:07pm
Anyways.. tommorow can be quite eventful.
Polarity is quite negative tommorow.
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We have a bunch of news tommorow, inflation data from UK , ZEW index, and US retail sales.
anyways tommorow imo is going to have some volatility because of this.

+ End of square timeline
im looking for a short around tokyo (1 hour before, tokyo open hour, and 1 hour after) {outlook , ill give the actual call if it does warrant a setup when the time is right later}
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Have I got something on my face, SOLDIER?
  • #7,458
  • Aug 13, 2012 12:09pm Aug 13, 2012 12:09pm
Quoting neuron
nice trading as always buma
thanks neuron
how are you doing?
ive seen a couple of your charts in orion's thread recently

hope alls well
Have I got something on my face, SOLDIER?
  • #7,459
  • Aug 13, 2012 9:18pm Aug 13, 2012 9:18pm
GBPyen short @ 123.020
Stop (30 pip stop @ 123.32)
TP (70 pip TP @ 122.32) could just take 60 as well.
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Have I got something on my face, SOLDIER?
  • #7,460
  • Aug 13, 2012 9:57pm Aug 13, 2012 9:57pm
LOOK AT THE EPHEMERIS for this week and
tell me its not a time to pull your hair - jump over the place !!
MUST READ!!
(no its not some marketing phony bullcrap im not kidding this date is historic!)

"August 15th 2012"

this event wont happen in a decade (or two)
http://timingthemarket.weebly.com/2/...happening.html
Have I got something on my face, SOLDIER?
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