Holidays

As many of you followers already know, I have been on a trading break due to the holidays. I want to wish you all a belated Happy Hannukah and a belated Merry Christmas. This week is the New Year! I am very excited for 2015. In order for me to stick to the 7 year plan, by 12.31.2015 my account will need to be at $615.28, which is very doable. Remember... the plan is $100 to $100M in 7 years. This means 15% a month. Compounding interest is an amazing thing. So, for the week of 12.28.2014, I will ONLY be placing my 2 days trades on Sunday and not placing my intraweek trades. I have already hit the goal for December 2014, so there is no need to not take my vacation. So for this half-week lineup check out the video below.

As I stated in the video, this will be the last time I simply record my orders being placed. I will be creating some educational videos for my Youtube channel and also creating some videos of my active day trading with the micro-strategy. What this means is in the weeks to come, I will be placing all of my orders, the why's and the thoughts behind each one on the blog again. Let me know which is better for you, which you like better... video or blog.

As I also stated in the video, please leave a comment, let me know if you have educational questions, do you understand Bollinger Bands, Pivot Points, etc.? Do you have questions about my system, orders, account balance, etc.? Let me know. If you don't want to leave a comment, please feel free to use the contact me form on the right hand margin.

Happy trading and HAPPY NEW YEAR!

#YoungBuffett out!

Intraweek Orders

I couldn't get my screen recorder to work properly yesterday when I placed my orders, so I am going to write about them instead.

Let's begin by going over which orders were executed from my Sunday trades. The AUD/USD was executed and within 7 minutes it took profit... giving me a 2.67% portfolio gain. This 7-year plan has one key element... I am not required to make a trade... I am merely required to make the right trades. I only trade when the signals are absolutely perfect.

As for my intraweek orders. Looking at the USD/CAD, I placed a short order at 1.17076 for 5K units, looking for a T/P at 1.16988. This entry order is a perfect split of the R2 and the upper Bollinger Band. This order is my favorite of the intraweek and all indicators point to an execution.

Next up, longing the AUD/CAD, 5K units at .93387 and a T/P at .93457. This order lines up the S2 and lower Bollinger Band perfectly.

I am very excited to be trading in the AUD/USD this week. A buy order placed at the perfect line up up S2 and my lower Bollinger Band (.81087) with a T/P at .80082.

Rather than going through all of my orders individually, I am posting the remaining orders here:

All of these orders are either a split different of R2 with an upper band, S2 with a lower band, or in some of the cases (the best cases) a perfect alignment of R2/S2 with the upper/lower Bollinger Band.

Happy trading. Merry Christmas. I will see you all on Sunday and will definitely be creating a video for that trading session.

#YoungBuffett Out

12/21/2014 Weekly Outlook

For those of you that didn't already see my newest video on YouTube, you can check it out here --- this video is an overview of my early week orders and a little insight into this week's market.

I expect to see make some money in the EUR this week, especially in my EUR/GBP and EUR/USD this week. The EUR/USD has remained relatively flat the past 3 weeks serious downward pressure due to the European debt crisis. BUT what will become of the USD in 2015? With the Fed telling us that interest rates are going to go up next year, the USD can only expect to slow down and will begin to reverse direction on most major currencies once that rate does climb (most likely around the middle of the year).

So for the week of 12/21/2014, what orders did I place? I will talk about my trades in terms of which one is next to be executed. The AUD/USD is actually being traded this week. After staying out of the AUD last week due to my S1 and S2 being above my below Bollinger Band, I placed a limi buy order at .8106 (28 pips away). My S1 is finally within the bands and my S2 is aligned perfectly with the lower band. A 5,000 unit order moving merely 5 pips will give me a very decent ROI.

Next, the EUR/GBP, like I said, I am expecting some big stuff from the EUR this week. With a 3,000 unit order placed long on this pair at .77981 (29.9 pips away) a 5.8 pip bounce will leave me with a nearly 2.6% portfolio gain.

Below are the rest of my early week orders in order of closest to farthest away from being executed:

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I am going to be making my next video on Tuesday afternoon. Be sure to keep a look out. I will go over my intraweek orders. Also, I will be posting on the blog tomorrow about some micro-trading.

Happy trading. #YoungBuffett out.

Secondary Micro Strategy

Hello fellow traders. I created a new 7 minute video on a new micro strategy I am using. It is a secondary strategy that is in no way shape or form taking the place of my main, very successful, semi-automated strategy. Check out the video on YouTube. Or just watch it below.

Happy trading.

#YoungBuffett Out.