15 YEARS OF PASR ON FOREX FACTORY!
Strat's Long Term Stress Free Trading
- #19,441
- Jul 14, 2014 6:51pm Jul 14, 2014 6:51pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
- #19,445
- Jul 14, 2014 11:35pm Jul 14, 2014 11:35pm
EURAUD Waiting for RED FLAG Oz$ Monetary Policy Meeting Minutes at 6:30pm PST {image}
I placed sell Stop, because Worker & BOSS both are Down. I am correct any other factor need to analyze
BOSS Strat Shadow show UP trend, but BOSS is DOWN, PA in Support of Strat Shadow
- #19,447
- Edited 11:27am Jul 15, 2014 8:59am | Edited 11:27am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #19,448
- Edited 9:30am Jul 15, 2014 9:15am | Edited 9:30am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURJPY
We trade the Worker (Daily) using the PRIMARY TREND which is the BOSS (Weekly).
What you have identified on your Boss chart as "UP" is a 2 YEAR TREND. This is what we use for trading the BOSS based on the PRIMARY TREND of the BIG BOSS. A BOSS candle represents 5 days so your 2 year "UP" trend is 104 x 5 candles = 520 candles which does not help us trade the Worker. We need to know what is happening NOW and who is IN CONTROL of the CURRENT swing on the BOSS.
We determine the PRIMARY TREND using my CONFIRMED SWING method enhanced by Weekly Control Candle confirmation.
EURJPY BOSS is in a DOWN SWING therefore the PRIMARY TREND is DOWN
Study this chart over and over until it is etched in your trading brain:
{quote} Dear Strat, EURJPY: Strat Shadow is Down in Day Candle, But Strat shadow show UP trend in Weekly. In this case how to trade, please give your precious advice
What you have identified on your Boss chart as "UP" is a 2 YEAR TREND. This is what we use for trading the BOSS based on the PRIMARY TREND of the BIG BOSS. A BOSS candle represents 5 days so your 2 year "UP" trend is 104 x 5 candles = 520 candles which does not help us trade the Worker. We need to know what is happening NOW and who is IN CONTROL of the CURRENT swing on the BOSS.
We determine the PRIMARY TREND using my CONFIRMED SWING method enhanced by Weekly Control Candle confirmation.
EURJPY BOSS is in a DOWN SWING therefore the PRIMARY TREND is DOWN
Study this chart over and over until it is etched in your trading brain:
15 YEARS OF PASR ON FOREX FACTORY!
- #19,449
- Jul 15, 2014 9:19am Jul 15, 2014 9:19am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #19,450
- Jul 15, 2014 9:27am Jul 15, 2014 9:27am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURAUD
EURAUD BOSS is RANGING and totally DIRECTIONLESS at SUPPORT. You may make double digit pips by selling from the TOP of the WEEKLY CONTROL CANDLE down to it's BOTTOM but we are not interested in such trades. We use PASR for trading opportunities of triple and quadruple digits.
{quote} Dear Strat, I placed sell Stop, because Worker & BOSS both are Down. I am correct any other factor need to analyze {image} BOSS Strat Shadow show UP trend, but BOSS is DOWN, PA in Support of Strat Shadow
15 YEARS OF PASR ON FOREX FACTORY!
- #19,451
- Jul 15, 2014 3:16pm Jul 15, 2014 3:16pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
CADCHF
Strat Shadow and 200ema in confluence providing resistance..........................for now!
Strat Shadow and 200ema in confluence providing resistance..........................for now!
15 YEARS OF PASR ON FOREX FACTORY!
- #19,452
- Jul 15, 2014 3:47pm Jul 15, 2014 3:47pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
STRAT SHADOW
The Strat Shadow keeping us from trading against the trend and ONLY allowing us to take SHORT trades.
The Strat Shadow keeping us from trading against the trend and ONLY allowing us to take SHORT trades.
15 YEARS OF PASR ON FOREX FACTORY!
- #19,453
- Jul 15, 2014 4:04pm Jul 15, 2014 4:04pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURJPY
The short time frame boys are wondering why PRICE won't go LOWER - PASR traders know why!
The short time frame boys are wondering why PRICE won't go LOWER - PASR traders know why!
15 YEARS OF PASR ON FOREX FACTORY!
- #19,454
- Jul 15, 2014 4:25pm Jul 15, 2014 4:25pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURUSD
While most were BULLS, the Strat Shadow was NEGATIVE so we were WAITING for PASR to go SHORT which we got - it wasn't pretty but the Strat Shadow is keeping us SHORT
While most were BULLS, the Strat Shadow was NEGATIVE so we were WAITING for PASR to go SHORT which we got - it wasn't pretty but the Strat Shadow is keeping us SHORT
15 YEARS OF PASR ON FOREX FACTORY!
- #19,455
- Jul 15, 2014 5:55pm Jul 15, 2014 5:55pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURNZD
15 YEARS OF PASR ON FOREX FACTORY!
- #19,457
- Jul 15, 2014 6:36pm Jul 15, 2014 6:36pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
USDJPY
Otherwise known as "Puff The Magic Dragon"
Wake me up when the wedge breaks!
Otherwise known as "Puff The Magic Dragon"
Wake me up when the wedge breaks!
15 YEARS OF PASR ON FOREX FACTORY!
- #19,459
- Jul 15, 2014 7:11pm Jul 15, 2014 7:11pm
GBPCHF {quote} You are NOT correct. PRICE reached Strat Shadow SUPPORT
Dear Strat,
My Understanding is wrong, because it reached the support of Strat shadow and now it reached Swing high. You are correct. Excellent!
Thank you for your teaching
bye
ajentha
