If you can wait and not be tired by waiting...
Strat's PASR Long Term, Stress Free Trading
{quote} Here is the USD/TRY we discussed earlier: {image} Entered 27 Nov and placed perhaps 8-10 "In and OUT" Hokey-Tokey style short term trades (all short) until it was clear we were more likely to see further downside before any more upside. I then held 2 positions (entry around 3.95), one of which closed yesterday at 3.7930. Will hold the remaining position - possibly for a long. long time - All depends on the "PA" part of: Strat's PASR Long Term, Stress Free Trading Cheers, Trogger.
Still holding.
Of course, the "plan" involves reverting to guerilla style "in and out" tactics within the recently established range. These tactics will continue until the range is broken. Could be a long, long time indeed.
here - took this pic last night (kiwi time) as I entered:
It closed a few hours later for 300 pips - without giving the opportunity to pick up any roll:
remember: While I may be posting 15 min charts, I am not trading them!
My first post on this pair started with ....?
- #1,764
- Jan 23, 2018 12:36am Jan 23, 2018 12:36am
Good morning,
would like to share my analysis on GBPCHF (although CHF is not my preferred currency).
One thing I try to focus , what came to my mind again by reading the old thread, was to be patient and not to search for trades , rather wait and „see“ them. Hard to implement in trading, but really necessary for me. By anaylsing the market, I “saw” an opportunity in that pair (and also traded it , no demo account).
BB: looks still bearish for me, but I figured out that the bottom was at the level of around 1,22 (since September we see an upmove) so I thought it is worth asking the boss.
B: buyers are in control. For me that was the trigger to have a look at the worker to see a possible opportunity.
W: also in the control of buyers. Strat shadow green too. Price moves within a WCC since beginning of Dezember. So found a entry at the beginning of this year when price was at support of WCC.
Worker:
B:
BB:
would like to share my analysis on GBPCHF (although CHF is not my preferred currency).
One thing I try to focus , what came to my mind again by reading the old thread, was to be patient and not to search for trades , rather wait and „see“ them. Hard to implement in trading, but really necessary for me. By anaylsing the market, I “saw” an opportunity in that pair (and also traded it , no demo account).
BB: looks still bearish for me, but I figured out that the bottom was at the level of around 1,22 (since September we see an upmove) so I thought it is worth asking the boss.
B: buyers are in control. For me that was the trigger to have a look at the worker to see a possible opportunity.
W: also in the control of buyers. Strat shadow green too. Price moves within a WCC since beginning of Dezember. So found a entry at the beginning of this year when price was at support of WCC.
Worker:
B:
BB:
- #1,766
- Jan 23, 2018 7:58am Jan 23, 2018 7:58am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
M5
GBPUSD
Very interesting trade this, as Strat pointed out earlier about GBPUSD at these levels. Trying to peep beyond those candles...
AUDJPY
Slow and steady..
Also have a position running on 4 hour but will post when it's over...
GBPUSD
Very interesting trade this, as Strat pointed out earlier about GBPUSD at these levels. Trying to peep beyond those candles...
AUDJPY
Slow and steady..
Also have a position running on 4 hour but will post when it's over...
Private Msgs are turned off to weirdos, loafs and brain drainers
- #1,768
- Jan 23, 2018 9:42am Jan 23, 2018 9:42am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPJPY M5
100+ pips for London traders but NOTHING for me in PST
100+ pips for London traders but NOTHING for me in PST
15 YEARS OF PASR ON FOREX FACTORY!
- #1,769
- Jan 23, 2018 9:48am Jan 23, 2018 9:48am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
AUDJPY M5
Why didn't you have SUPPORT identified which would have allowed you to MAXIMISE your pip return?
M5 GBPUSD Very interesting trade this, as Strat pointed out earlier about GBPUSD at these levels. Trying to peep beyond those candles... {image} AUDJPY Slow and steady.. {image} Also have a position running on 4 hour but will post when it's over...
15 YEARS OF PASR ON FOREX FACTORY!
- #1,770
- Jan 23, 2018 9:49am Jan 23, 2018 9:49am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
AUDJPY M5 {quote} Why didn't you have SUPPORT identified which would have allowed you to MAXIMISE your pip return? {image}
Thanks for the feedback Strat. My next level down was 10 pips off on the hourly. But looking again after your comment I missed an obvious support on the 4HR which also coincided with a close on the Shadow MA Support (bang on 87.90) and just below a BRN... Doh!
Private Msgs are turned off to weirdos, loafs and brain drainers
- #1,772
- Jan 23, 2018 10:32am Jan 23, 2018 10:32am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
AUDJPY M5
But it was there on H1 for all the World to SEE!
Maybe you need to clean your glasses, or maybe need new glasses or maybe a visit to the Optician or...................
{quote} {image} Thanks for the feedback Strat. My next level down was 10 pips off on the hourly. But looking again after your comment I missed an obvious support on the 4HR which also coincided with a close on the Shadow MA Support (bang on 87.90) and just below a BRN... Doh!
Maybe you need to clean your glasses, or maybe need new glasses or maybe a visit to the Optician or...................
15 YEARS OF PASR ON FOREX FACTORY!
- #1,774
- Jan 23, 2018 11:06am Jan 23, 2018 11:06am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #1,777
- Jan 23, 2018 12:54pm Jan 23, 2018 12:54pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #1,780
- Jan 23, 2018 1:11pm Jan 23, 2018 1:11pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!