Disliked{quote} I must admit that this post also kept me confused. It is good to have it brought back into discussion, as it cleared previous confusion about SL and 200 ema relationship.Ignored
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Disliked{quote} I must admit that this post also kept me confused. It is good to have it brought back into discussion, as it cleared previous confusion about SL and 200 ema relationship.Ignored
DislikedHello Strat, Wanted to post some charts again, been re-reading some of your old posts, so that's why I haven't posted anything for the past week. I've been watching EUR/USD everyday, waiting for its next move. BB: Still at strong resistance level, price is in an uptrend. B: I marked the WCC (let me know if it is correct) and we can see that price is trapped inside the control candle. I think it would be wise to see if we are going to see a deeper retracement before pushing higher. I would not trade in the middle of WCC but maybe that's just my beginner...Ignored
Disliked{quote} Hi Strat, At the time I posted this, I saw that CADJPY had started entering its H4 shadow for the first time in a "long time" (by H4 standards) and that, even though until then it made only sense to sell on resistance, it would be interesting to monitor how M5 would progress and maybe start considering buys if PA was favorable. But trains take a long time to stop and change directions, so just something to keep watching. what do you think? Did I miss something? edit: there were also buying opportunities while below the shadow of course as...Ignored
DislikedOh, Strat, I gotta hand it to you, man, you are amazing! Your way of talking, your expressions, the way you try to teach people... all these are part of your charm (for those who do not get discouraged prematurely). In my country, we have a saying: one kick in the butt is a step forward. Even though it may seem to some that you are aggressive with your words, each of your words are part of the 'step forward' process. What matters is that there are good things to be learned from you. And a couple of nasty expressions, from time to time. Now,...Ignored
Disliked{quote} Hi Catalin Eros Excuse me for jumping in but I would like to keep Strat teaching M5 before he loses the will. Two questions about your post: Why are you trading for 5 pips? What is your risk to reward for this trade?Ignored
Disliked{quote} Hi! I was definitely not trading for 5 pips. The trend was up, and in uptrends, resistance gets broken many times. If I didn't get that DBHLC, I would have not exited. The R:R was about 1:1, from the entry to the first resistance.Ignored
DislikedI understand my error just now, I had not identified a support on H1 and I sold just before this support, big mistake. However, I think you should not get upset Strat, it is normal that we ask questions in order to better understand the strategy, we are beginners we must not forget. My teachers would not angry against us students when we did not understand something M5 is a good strategy as it has many opportunities compared to Daily, and I'm not saying this to be "quick rich", I actually think so and I would continue on my side on M5 because it...Ignored
DislikedOh, Strat, I gotta hand it to you, man, you are amazing! Your way of talking, your expressions, the way you try to teach people... all these are part of your charm (for those who do not get discouraged prematurely). In my country, we have a saying: one kick in the butt is a step forward. Even though it may seem to some that you are aggressive with your words, each of your words are part of the 'step forward' process. What matters is that there are good things to be learned from you. And a couple of nasty expressions, from time to time. Now,...Ignored
Disliked{quote} Hi! I was definitely not trading for 5 pips. The trend was up, and in uptrends, resistance gets broken many times. If I didn't get that DBHLC, I would have not exited. The R:R was about 1:1, from the entry to the first resistance.Ignored
DislikedUSDCAD M5 {quote} If you had a Strat Shadow on your chart and UNDERSTOOD how PRICE reacts with the Strat Shadow you would have around 56 pips from where you entered.Ignored
DislikedUSDCAD M5 {quote} If I didn't get that DBHLC, I would have not exited This is baggage carried over from all your other travels and has NOTHING to do with PASR Trend Trading.... M5, Big Boss or otherwise.Ignored
DislikedUSDCAD M5 {quote} If you had UNDERSTOOD how PRICE reacts with the Strat Shadow you would have around 56 pips from where you entered.Ignored
Disliked{quote} But that is the Strat Shadow. I just cannot replicate yours, since I am using MT4. {quote} Hm, I was under the impression that BEEBs and BEOBs are exit signals in an uptrend when trading your M5 method. Oh, and to use the proper English, I meant 'If I hadn't gotten that DBHLC...'. I also make English mistakes, not only M5 trading mistakes, so please bear with me! Thanks for your time!Ignored
Disliked{quote} I think I know what you mean: the price was above the shadow on higher rimeframes as well, which makes it ideal for adding positins.Ignored
DislikedCADJPY M5 {quote} Up until this post you had lost your "Clouseau" nickname as Pixlab had taken it. {image}Ignored