there is no need for confrontation here, every one finds what is best for them, not everyone adapts to the market the same way, still when i decide to leave overnights i only leave the scout/feeler i usually scale out and just leave that position ...

14 Year Old Forex Trader's Lessons

i use this strategy even when seeing patients i call my dealing desk (aka my girlfriend) ask her what was today's open, what has been the lowest price and highest price of the currency in question, what is the price now? monthly OHL, weekly OHL and ...

14 Year Old Forex Trader's Lessons

as we see Asian stocks creeping higher we might see a corrective bounce of EUR upward for which i am watching carefully the EFSF vote came and went an Germany approved, however we didnt see the market buying this can kicking as decisive news. we ...

14 Year Old Forex Trader's Lessons

"the control of a small force is the same as the management of a large army"-- sun zi i believe that Buma is in stage one of his training and that is market recognition. he is like a baby learning to walk, learning to read the market. My goal for ...

14 Year Old Forex Trader's Lessons

hey buma, (by the way he is a guy not a girl) mla you keep giving him a sex change. i have not been able to answer you, due to time constraints, i was busy seeing patients. I managed to execute profitable trades nonetheless, my last trade was a ...

14 Year Old Forex Trader's Lessons

yes fti is a mess, first off, ECB, EFSF cannot act as a central bank with monopoly on monetary policy and there is no fiscal policy in europe. Germany's greed to have the region as his monetary empire are bankrupting the EZ, France likes the price ...

Technical Analysis Fallacy

hey mla, i see your being "nimble" you are a student of fti methods i see

14 Year Old Forex Trader's Lessons

draw enough lines and price is bound to hit it.

14 Year Old Forex Trader's Lessons

you are coming along great, i like you analyzing, planning, observing, knowing when you dookied on yourself, its all about practice now buma. remember i told you the secret to the markets is that there is no secret. well now just practice, trade, ...

14 Year Old Forex Trader's Lessons

the market travels too fast for your broker to be willing to deal, at current price if he thinks his risk is to high. so he will requote or simply give you best fill. (liquidity is being consumed too fast) yes buma equities have correlation with the ...

14 Year Old Forex Trader's Lessons

some one asked me about Value At Risk. it has to do with money management with position sizing and monetary value for each pip traveled. yes it is true R:R is always 1:1, one always knows the risk but never the reward. however, not only do you have ...

14 Year Old Forex Trader's Lessons

retail forex is only 5% of market size, forex market is mostly traded interbank weekend gap is not visible and this in itself raise some questions, has selling pressure slowed for now? as i said, China, US have pressured europe to find a solution, ...

14 Year Old Forex Trader's Lessons

image risk reward is B/S. Your risk reward is ALWAYS 1:1 either you are in the money or out of the money.

14 Year Old Forex Trader's Lessons

i was planning to let you figure things out on your own and begin to apply knowledge of the market to analyse but your posts have made me break my plan to leave you be, to digest information. your analysis include probabilities and you are making ...

14 Year Old Forex Trader's Lessons

lol k kiddo one last reply. learn how candles are made i showed you 3 time frames. the trick here is the reference point. the open of the candle, candles are indicators, the price is the quotes. candles measure price movement chopped into x amount ...

14 Year Old Forex Trader's Lessons

hey kiddo, as always Goldman has really sound judgement. i threw a lot at you, and some went over your head. digest everything that we all have posted here, i'll be back to check on you next month

14 Year Old Forex Trader's Lessons

i have told you why FUNDAMENTAL ANALYSIS that is why players take positions. Technical analysis is HOW players take those positions. exactly why each player does, i have no clue, go read some news kid do you know that the IMF is planning to ...

14 Year Old Forex Trader's Lessons

do you know how much i should be charging for my free advise maybe i should keep thing to myself and write a book

14 Year Old Forex Trader's Lessons

lets put it this way. there is an area, or price level or whatever you want to call it, where people are no longer confident in executing a certain type of order. on demand zone for example, for every seller there must be a buyer. so there is 50 ...

14 Year Old Forex Trader's Lessons

no that chart puts opinion in my head lol, i cant see clearly. i think you are doing fine with supply and demand, which i still maintain is another way of looking at extremes in deviation. lol i just pointed out funny how different people look at ...

14 Year Old Forex Trader's Lessons