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- Edlich replied Mar 31, 2023
Who would have taken this trade? I didn't (after a small failed short 30 mins or so earlier). My rationale was that it was at risk of bouncing off the support that had been tested multiple times during the day so far. But on subsequent analysis ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Mar 31, 2023
Sorry, also meant to add a question about one trade in particular. In the attached screenshot you can see I took a long posiiton at 1.088, (timed 08.46 in my broker's time zone) which after an initial pullback set off in the right direction. Given ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Mar 31, 2023
Morning everyone As per my last posts, my difficulty in reaching a point of consistency, is being too trigger happy and I fully accept that one or two good trades per day is all that is needed. However looking at today, the first 3 hours of the ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Mar 30, 2023
Thanks Bistolis, feedback is much appreciated, albeit, I can see as clearly as you illustrate with hindsight, its the realtime i have trouble with! As for the trade above you comment on, my exit marker was just for the exit candle, not the exact ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Mar 30, 2023
....and then while writing that last post, having seen the PA being choppy during the first 45 mins of the European session, I miss a nice clean trade leading up to the London open.
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Mar 30, 2023
Hello all yesterday was possibly my worst day of trading I have ever experienced. I got caught up trying to pick the candle that signified an exit from both periods of consolidation, then after successive losing trades loss of confidence (fear) ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 17, 2022
I'd like to think this was a pretty text book trade, but would welcome any observations. PA had broekn through support, come back to test which was firmly rejected by bearish PA right at the S/R level, crossing and returning back under the MA. Set ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 17, 2022
Hi Strat Loser on the Euro this morning, short on the highlighted candle, still struggling to see where my analysis was wrong. In my set up, it had broken down through the 100, come back to test it and been rejected, then pushed south with bearish ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 14, 2022
2 trades for me today, in a day where I've not been at the screens as much as I'd like. Early Euro trade taken when it looked like price was breaking a short term trend line, with bearish PA bringing price accross 10EMA and 100EMA in the same ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 11, 2022
Last one from me today. Gold - entered at the highlighted candle, not the strongest, but USD pairs seemed to be trending well ( contemplated taking the euro, but it had an extended run, with minimal pullbacks). tested my resolve when it pulled back, ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 11, 2022
After seeing 1.0250 firmly rejected at the first ask, I was watching with interest to see if it would hold once broken. It did for a little while then started giving back wso was looking for a PA break under the 1.0250 an MA10. looks like I got it, ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Nov 11, 2022
Hi Strat I've dipped in and out of your content over the years and find myself back at your thread, possibly of more interest to me now as I have always favoured shorter TF's. Like many, over the years I have dabbled with all sorts and until ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Jan 20, 2022
I don't post on here often, but I couldn't let this one go. To learn you must read, the author is English. If you want him to 'cut to the chase and tell you how to get rich in 3 months' I'd suggest you go back to the myriad of threads on indicators, ...
Strat's PASR Long Term, Stress Free Trading
- Edlich replied Oct 5, 2017
either I have started with this strat on a bad day or I am doing something wrong?? In the screen shot below, I resisted the temptation to take the first trade marked yellow due the recent consolidation, but after breaking out of the consolidation, ...
Simple Scalping
- Edlich replied Oct 5, 2017
1st trade and a loser, can anyone see any errors for the entry on this?
Simple Scalping
- Edlich replied Oct 4, 2017
Jenx I am new to this thread and would firstly like to say thanks for sharing and also for dealing with some of the enquiries from those that have either not read the thread or do not understand the principles by which you trade, in a polite ...
Simple Scalping
- Edlich replied Sep 26, 2016
I don't generally analyse deeply enough to consider longer term formations such as H&S, I look at immediate PA in the 15M, if it looks tradable I look for confirmation in the higher TF's and only take the ones that to me have that higher TF ...
Another simple system - Time-Frame 15
- Edlich replied Sep 26, 2016
Maybe, but it's not one I'll be taking. The 15M looks as though it is ranging sideways, and whilst the bias in higher TF's may be downward, dipping below 1.30 being key to that, if you look at the hourly, this level has held a few times lately and ...
Another simple system - Time-Frame 15
- Edlich replied Sep 26, 2016
Hi Classy, I hope you didn't go long on your GB/CA trade, have a look at the hourly chart below, which is bearish generally, and the last candle was a strong bearish signal.
Another simple system - Time-Frame 15