because they could have an announcement detailing a more credible plan to save the euro zone, and then your short position is screwed. and if you are paying interest for being short the euro it cuts in to your cost. some a-hole coordinated effort to ...

EURUSD

look for announcements over the weekend. see what the big players are hinting. see how the equity markets open in ASIA, that will hint at what gap might be seen. and find out what prices the interbank market is trading early wellington open. NOT ONE ...

EURUSD

hey goldman, correct analysis however in reality it doesn't really matter, if his box is not exactly correct, what you call S/D levels, some other traders call it S/R, levels, some might be seeing some Bollinger piercing, some might be looking at ...

EURUSD

hey freddie, nice surprise to see you drop by. we all missed you, this lion cub is all grown up thanks to you. although my approach is better suited for myself, all the core and philosophy i owe it to you. thank you freddie, hope you recover well,

Technical Analysis Fallacy

hey bumapatria, find patterns in the indicators you experiment with, and try to really understand the idea behind them. for example bars, candle sticks= OHLC for X period of time, why? why is this important? what can you measure about the market ...

14 Year Old Forex Trader's Lessons

i don't think that's what i meant. to put it simpler be careful not of not being too busy calculating where the bus might be in the next 3 bus stops, that he changes routes and leaves you stranded, or worse yet if you are in the middle of the street ...

14 Year Old Forex Trader's Lessons

you dont need any fancy pants indicators, and that ichimoku cloud that gives me a headache lol hey, this is a rule of thumb advise, and i want you to really memorize this. IF YOU CANNOT CALCULATE YOUR INDICATOR BY HAND, AND DO NOT REALLY UNDERSTAND ...

14 Year Old Forex Trader's Lessons

hey kiddo i usually do not use stop losses, because i interactively manage my positions however i will not discourage your from doing so. i will give you some advice on how to set PROBABLE, automatic limit orders (be it stop or take profit) you see, ...

14 Year Old Forex Trader's Lessons

you got some balls kid lol start thinking least possible risk. in your chart you have an exhaustion of the impulse wave, at an are of previous perceived support, however take in to account that the market had priced in the twist but were hoping for ...

14 Year Old Forex Trader's Lessons

oh no!!!! favorite is here, the good doctor might follow him to this thread telling good ol bumapatria to just re program himself

14 Year Old Forex Trader's Lessons

i am not a futures trader, however i imagine it affects the spot price the same way, other markets affect it. the spot price is the cash market value of a conglomeration of instruments. swaps forwards options equities bond yields interest rates ...

14 Year Old Forex Trader's Lessons

i truly dont know about ichimoku, i use candle sticks, to measure the movement of bid/ask i will research into ichimoku, and maybe we could share ideas on the matter

14 Year Old Forex Trader's Lessons

as i told you before, Technical Analysis analyses the influx of orders, however for every cause there is an effect, Fundamental analysis is the cause for players to take positions. never divorce one from the other. but dont be mistaken that one can ...

14 Year Old Forex Trader's Lessons

there is a lot of material online. as far as the bid/ask quote and the behavior of price movement, im afraid you are going to have to do it the old fashion way, i spent hours looking at the six majors quote board (till my eyes got watery) writing ...

14 Year Old Forex Trader's Lessons

forgot to add, research money creations and fractional reserve banking.

14 Year Old Forex Trader's Lessons

BUMAPATRIA, you have the ability to become a great hedge fund, investor type,that makes BILLIONS. I know it because you are smart, and you are eager to learn. i can feel it, you will succeed. But i think you need to start having some solid ...

14 Year Old Forex Trader's Lessons

you have the basic ideas but i believe that if just give you the answers i wont be doing you any favors. but lets just further dig into some points that you brought up in your answers. research: 1 foreign exchange market/ foreign exchange market ...

14 Year Old Forex Trader's Lessons

i am glad you are making a lot of profits. what is your contingency plan? what is your money management strategy? are you profit driven? are you aware of you VAR? have you done a risk assessment on you trading and position sizing? truly ask ...

14 Year Old Forex Trader's Lessons

bumapatria you invited me to your thread so here i am, i have some questions for you, (i am no trading guru) however i am at the stage where, i set my self monthly ROI target rates. consistent account growth by percentage with balance on my risk ...

14 Year Old Forex Trader's Lessons