here is the blotter i requested from my broker hopefully you can make sense of it image

14 Year Old Forex Trader's Lessons

sorry mla real time picture would have been catastrophic as it would have slowed me down, however buma is my witness. here is a hindsight picture, i look at QUOTES so i can see when the market stalls and when it breaks through i told buma 1.3420 is ...

14 Year Old Forex Trader's Lessons

rescue implemented and successful with profit, buma can attest to that as i was talking to him real time

14 Year Old Forex Trader's Lessons

thank you for your kind words Buma but at the rate you are going. i have much respect for YOU. i do not want to take credit, for my calmness, it is my job to be calm when every one panics. to show confidence in my decisions and act swiftly and ...

14 Year Old Forex Trader's Lessons

I am finally home, busy day today, many patients to see..... let me see where are we at..... European equities, down Trichet speech full of nothing euro looking bearish on hourly chart with a 70 volatility range, Asia failed to move this baby ...

14 Year Old Forex Trader's Lessons

you are right my friend. we saw buying pressure, buy buy buy, who or why will not be known till later, but the liquidity kept being eaten up on the ask, that is all that matters. Follow the price stay out or get ran over by the market : rectify or ...

EurAnalysis

yes pip trapper, fundamentally this move makes no sense. Mar-kozy said super secret ultra plan that will fix everything is going to be revealed at the end of the month. (can kicking) wait! Greece was expected to default before the end of the month ...

EurAnalysis

i dont think stops are the lesson of the day. i think arrogance, ego, pride and not paying attention to what the market was doing is the lesson of the day. 100% success rate over 6 months, got to my head. to believe that the market is wrong or not ...

14 Year Old Forex Trader's Lessons

Me being the one to speak about black swans and possibilities, well, seems i have experienced the black swan for now, my position is net 100+ pips underwater. here is what will determine my skill and my composure, due to my job i sometimes leave ...

14 Year Old Forex Trader's Lessons

you miss understood me and i miss understood you. Turns out we both have the same idea i did not say to limit your Leverage on your broker per say, i mean 1:50 is good. what i meant is limit your risk exposure and leverage size when trading that you ...

14 Year Old Forex Trader's Lessons

you already know my take on it with a $5,000 account i believe your position should be $5,000 units of currency at least on the initial scout. I believe over leveraging gives you little options. if you enter a position of 40,000 units of currency ...

14 Year Old Forex Trader's Lessons

i didnt know interbank trading had started but thanks for the link on the note of expecting the unexpected G20 are meeting next weekend to discuss, the Euro situation, in Paris. as for the technicals image as you can see most large speculators are ...

EurAnalysis

one thing i will caution you buma though, is no one can trade like another trader. I tried trading like fti, but alas i am not him, i found my way, deviates from what fti would deem the RIGHT WAY. I do not trade like him, nor like mamood, i trade ...

Technical Analysis Fallacy

26 yrs, he has held many positions, spot forex tier 1 strategic arbitrage, when his dealer got in trouble FTI would save the book. he made markets but the question was for fti lol i am glad you are reading this thread buma, much knowledge here, and ...

Technical Analysis Fallacy

very deep.... something to reflect on. thank u MLA

14 Year Old Forex Trader's Lessons

i am expecting a gap down on the Euro on Monday due to selling pressure we experienced post NFP and rating cuts, in average for the past 5 weeks the gap down is 50(?) pips as we all know price cannot be predicted but because of the nature of this ...

EurAnalysis

here is some visuals on what goldman and i have been saying regarding time frames. image

14 Year Old Forex Trader's Lessons

whether the EZ will look better without greece and their problems will go away, is improbable. they will be forced to stop squabbling and being fragmented, Germany will be forced to give up monetary sovereignty either by the crisis itself or by the ...

EurAnalysis

here is some unexpected scenarios, The US,Japain,Switzerland,Norway,China pledge to defend the euro, they begin to increase their balance sheet with bond purchasing for fear of further appreciation of their currency and with China in the brink of ...

EurAnalysis

by the way buma MAMOOD vouched for you, congrats he is one of my mentors, one of the people that i owe all my success to, incredible trader, he gave me live hand holding sessions on skype, he traded live as i looked, he is full pro, and ...

14 Year Old Forex Trader's Lessons