Wow. Do I believe what I'm hearing. You say the 'f' word all the time. Just because you misspell it does not mean that is exactly what you want to convey. For you to feign offence is quite amazing. You need to be honest. I think you think you know ...

14 Year Old Forex Trader's Lessons

Here's the thing: most that visit this thread probably would believe in your bullshit.

14 Year Old Forex Trader's Lessons

Bay, Not a problem. I hope you understand that (I assume you are a fisherman) if someone came along and told you the best way to catch a fish is to tickle them under it's fins, would you say ok? An innocent inquiry turned into a big cluster f*k. ...

14 Year Old Forex Trader's Lessons

EXCUSE ME!!! I'm not picking on anybody--particularly a 14 year old. Buma kept attempting to justify his statements. I would not have continued this diatribe if it weren't for him suggesting that I am the one with the mathematical limitation. In ...

14 Year Old Forex Trader's Lessons

I have no problem with Binet's Formula. You need to read your own responses. They were mathematically nonsensical (not a pejorative). If you are going to BS with math, it would not be wise to do it to a mathematician. By the way, it--the fibonacci ...

14 Year Old Forex Trader's Lessons

Shorting but hoping it will get to at least 1.2850 even 1.2900 would be good. I'll position along the way.

EURUSD

You should not be confused. Your answer was pure gibberish.

14 Year Old Forex Trader's Lessons

I thought I was a conservative but Ron Paul is persuading me to consider libertarian philosophy. I tend to lean that way anyway. I would vote for him in a heartbeat. I'm afraid Americans are not quite ready for such forward thinking.

EURUSD

I believe that 'austerity measures' are agreements to take care of the deficit and money supply. Europe will have to go beyond talking and put the measures into place and until the monetary community sees this take place there will be little ...

EURUSD

How could the Euro 'blow' to the upside? If they are to survive, there will be profound austerity measures. And if they can get past talking, they just might survive. We'll see. In the meantime, it should indeed retrace to at least to the 2850+ ...

EURUSD

An addendum on S/L. I never stop loss and only had to stop out once in the last half year. Even if traders are poorly positioned, most trades can be 'sweated' out if you are going with the trend. Counter trading to me is more of a risk than no S/L. ...

EURUSD

NO NO NO I'm going to pull my hair out. Good Night.

14 Year Old Forex Trader's Lessons

Bumapatria, You are bouncing all over the planet and even the universe. The question I am asking is much simpler than what you are talking about. You are being way too general and esoteric for a specific problem. the fr is (if I can recall) ...

14 Year Old Forex Trader's Lessons

Bumapatria, It sounded like I was dis'ing you and I'm not at all but do apologize if it came across that way.

14 Year Old Forex Trader's Lessons

The fibonacci sequence and the fibonacci ratios are two different entities and the fr is set in an x-y plane of fr:time respectively and then you are spacing time interval to the fib sequence in relationship to what? How are they mathematically ...

14 Year Old Forex Trader's Lessons

Consider this however. If you feel you hit bottom, or top--whatever, you can get out and if you scalp you can let it go back up (or down) for another scalp. Spreads are simply your cost of admission to enter the roller coaster, I mean market.

EURUSD

I didn't ask if the Fibonacci numbers were important. I asked if it was relevant. I don't see the relationship at all.

14 Year Old Forex Trader's Lessons

I usually use fib ratio numbers since everyone and their brother is as well. In fact, that's where I set my fib ratio tool. The fib ratio is kind of like the impulse of the market. Pivot points are good too. I use both. SMA crossovers seem to work ...

EURUSD

Is that something you are doing for fun or is there some mathematics involved in relation to the fib sequ and the fib ratio which of course is 1/0, 1/1, 2/1, 3/2, 5/3... etc.? I don't see the connection.

14 Year Old Forex Trader's Lessons

I use 1 min and 5 min charts to enter a position and close. Otherwise, yea they can be frustrating.

EURUSD