DislikedWatch out for S at 1.3265Ignored
double support: static and dynamic
Strat's PASR Long Term, Stress Free Trading 12782 replies
Short Term / Medium Term / Long Term? 3 replies
DislikedThis pair really looks bearish.
BB is bearish but it is right at S at 106.5
Boss had a confirmed LL 2 weeks ago but it still looks like the bears are in control. Those 2 dojis dont look like reversal.
Worker: we have a IB followed by a big supply bar which broke through support at 107.9 and the small up TL, 20 is coming down supporting the sellers. If today ends up with a strong close then the setup is sell few pips under the low with a SL above the high of the candle from Sep 3.
I dont think I will take this trade because...Ignored
DislikedI;m back from a great 2 weeks in the Alps.
Getting back into the swing of checking charts regularly.
On CADJPY I thought on of the last two weekly bars was going to brake through the support at 80.00(ish), and hasten the downtrend...it seems they didn't and now from a weekly point of view I am waiting to see whether they act as reversal hanging man bars and show some PA to trade from on the daily.
At the moment the daily is squeezing itself into a corner of a triangle between support and downtrend.
Still getting lower lows and lower highs...Ignored
DislikedI am waiting to see whether they act as reversal hanging man bars and show some PA to trade from on the daily.
Still suffering from altitude sickness! - you will do yourself some very serious financial damage unless you learn and UNDERSTAND what a Hanging Man bar is, what it isn't, where it should be etc., etc.Ignored
DislikedOk, more details... I posted my views on BB here's for Worker. The defence of 1.35 is visible here too. The icing of the cake was the break AND CLOSE below the bullish trendline.
Might not be enough for others... Or it might turn out to be a loser (I rarely have a month with with more than 50% winners - not counting breakevens).Ignored
DislikedReached 1 ATR, so SL to BE at this point. Free ride from now on (if it wants to of course). First TP at 1.3070.
DislikedGood trade soso.
I also took the trade from the BEOB, but closed at the end of the first day.Ignored
DislikedSOSO, I had shorted it in two trades first at 1.3325 to 1.3265 = 58 pips and after that at 1.3254 to 1.3225 = 28 pips. Now again sold at 1.3196 for tp 1.3070, may be til 1.3020!!Ignored
DislikedFirst things first thank you strat for setting up this thread.
I have been learning forex now for about 10 months and seem to becoming more addicted to it every time I look at a graph!!!
This was just a quick message to say that although I seem to be lurking at the moment watching from the side lines, I am just trying to read through the whole of this thread. I have a lot of catching up to do however i am just taking my time because i don't want to miss anything!!
I will be getting involved in the near future
DislikedBonjour Strat and All,
Similar to my student fellow advfn2828, I wanted to share with you my progress. It looks like we have both the same pace as I have just only reached page 300. I intend to experiment the 5 mins chart exercise. Merci Strat!
Strat was right, reading the thread is not a big deal but understanding is very challenging. It will take me a little more time that expected. Quality first!
Strat’s pedagogy approach “Learning by doing & experimenting” is brilliant. The PSAR toolbox is simple but to come up with the correct analysis...Ignored
As punishment, please write a thousand times:
The method I am studying and trading is Strat's PASR
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