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Strat's PASR Long Term, Stress Free Trading

  • #9,101
  • Dec 2, 2018 5:36pm Dec 2, 2018 5:36pm
EURNZD and EURAUD

Quoting Rub
Without giving a trading signal, what does everyone see on EURNZD and EURAUD? What do you think has got my attention?
I try to have the week end off from my thread but I have come down with a cold which is fast progressing to flu so i have come on here to take my mind off my symptoms.

Thank you, Ben, for bringing this to everyone's attention.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,102
  • Dec 2, 2018 5:39pm Dec 2, 2018 5:39pm
AUDCAD

Quoting TerryDawe
{quote} After such a large bullish candle it is not uncommon to expect a pause, so in this case if you drop to the H4, it can be seen that price only pulled back to the average and really was only resting and not showing any signs of reversing. If the daily candle following the one to which you are referring is bearish and closes back within the shadow, there is a higher probability of a reversal. So in this case the shadow is acting as strong support. {image}
Terry, I am impressed. You have come on in leaps and bounds on THE PATH. Well done. Maybe it should snow all year round where you are if you get my drift!
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,103
  • Dec 2, 2018 5:56pm Dec 2, 2018 5:56pm
Quoting strat
AUDCAD {quote} Terry, I am impressed. You have come on in leaps and bounds on THE PATH. Well done. Maybe it should snow all year round where you are if you get my drift!
Thanks Strat,

I appreciate the words of support and encouragement. I do feel that I am "getting it" and seeing what may be going on. After all it has been almost four years since I have been here with you and your process but I am not thinking that I have it, far from it.

Will keep spending many hours per day looking at charts, and you are right, with the snow flying here there is no golf so only two hours at the gym first thing in the morning and then several hours on charts.

Living the dream.........
  • #9,104
  • Edited Dec 3, 2018 9:07am Dec 2, 2018 6:25pm | Edited Dec 3, 2018 9:07am
EURNZD, M5 Trend Trading Strategy

Quoting Scrumy
EURNZD, M5 Trend Trading Strategy A small loss on short EURNZD on Friday. What I did not see during the trade: Price was retesting the previous broken Support - now as Resistance. And could not close above it. No need to exit the trade. I was focusing too much on the upmoving TL and that bullish candle inside the Strat Shadow. Some more details inside the image (SL placement etc.). {image}
You have comments from others so please take note of them.

I'm struggling to understand this - maybe my cold/flu

More important than anything else : I first posted M5 to show that it was a way of accelerating your PASR learning process. It REALLY was not meant to encourage everyone to TRADE M5.

Before even attempting to TRADE M5, make SURE you UNDERSTAND these posts:

267, 280, 281, 282, 283, 357, 376, 480, 487, 495, 512, 529, 533, 554, 563, 564, 611, 614, 616, 653, 691, 713, 721, 725 & 726

First, do your charts CLOSE at 5pm New York time?

I do not UNDERSTAND your TRADE MANAGEMENT.

Your STOP LOSS should have been my blue line - 20 pips

Attached Image (click to enlarge)
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#2 on your chart - You do not UNDERSTAND PULL BACKS in a trend

#3 - The bar marked with 3 caused me to PANIC. - Either you do not UNDERSTAND how PRICE behaves IN and AROUND the Strat Shadow in a trend or, your position size is too big.

FOCUS on how PRICE behaves IN and AROUND the Strat Shadow in a trend

PASR Trend Trading is NOT PERFECT. Neither is ANY other strategy. There WILL ALWAYS be LOSSES and PASR teaches how to MANAGE losses. When you get stopped out on your first entry, for whatever reason, if the set up and conditions are STILL in place then make A SECOND ENTRY

I do not UNDERSTAND your TRADE MANAGEMENT.

I still do not UNDERSTAND. Your STOP LOSS as ORIGINALLY placed would NOT have been hit. This tells me you DO NOT KNOW WHAT YOU ARE DOING.

Go back and read, LEARN and UNDERSTAND Posts 267, 280, 281, 282, 283, 357, 376, 480, 487, 495, 512, 529, 533, 554, 563, 564, 611, 614, 616, 653, 691, 713, 721, 725 & 726

More IMPORTANT learn and UNDERSTAND BASIC PASR before SWING PASR before Trend PASR

Spend time watching how PRICE behaves IN and AROUND the Strat Shadow in a trend BEFORE trading it.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,105
  • Dec 2, 2018 6:36pm Dec 2, 2018 6:36pm
PASR THE PATH

Quoting Svolacius
{quote} I believe it took so long because I did not trust my decisions. I would always try to get a confirmation somewhere else, be it other people posting here or a small daily move in my direction. However, I noticed that my progress stopped and I have begun to go in circles - find a pair to trade, put trade on, wait for a couple of days, get a slightly different Worker candle than I wanted, bailed on the trade, watched it later go to my predicted direction. I got really mad at myself and my inability to change. I just found a good setup, put...
Thank you, Augustas

I believe it took so long because I did not trust my decisions. I would always try to get a confirmation somewhere else, be it other people posting here or a small daily move in my direction.

BELIEVE in yourself and PASR. PASR is time tested and proven. Just BELIEVE in yourself

ALWAYS trade what YOU see on YOUR charts and NOT what others say (even on here)

I looked ONLY at the Worker candles, forgetting that Big Boys play the long-term Big Boss and Boss candles and it might take a while while the train turns around.

BELIEVE in the POWER OF TIME FRAMES!

- Trust your OWN ideas.
- Do not expect the PRICE to move how YOU want it immediately.
- Patience, patience, patience!
- Never ever underestimate the Higher Timeframes. That's where the money is at. Worker is just the tool to jump in and out of the train. One candle in the opposite direction does not mean the Big Boys are finished, market is dynamic and will "breathe".

All students take note!

Worker is just the tool to jump in and out of the train. One candle in the opposite direction does not mean the Big Boys are finished, market is dynamic and will "BREATHE".

Trade the LONG TERM not the ""short term noise" on shorter time frames""

Thank you, Augustas
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,106
  • Dec 2, 2018 7:00pm Dec 2, 2018 7:00pm
Hi

Was away for last weekend as my friends from other country came to visit me. Some time for parent, some time for friend, I kinda not touching chart until the market open.

Just checked my chart on Market opening. The gaps align with the PASR again. I'll need to move on from what I missed and trade what I see.

Quoting Suran
{quote} Now We can jump from Boss Swing to BigBoss Swing? Yes, BigBoss confirmed swing low. However,how do you use that ..? May be good for people trading Weekly and monthly charts. PRICE trading in BigBoss range..already done half of that range. {image}
Look for retracement on worker and enter if there is any sign that the trend want to continue?

Huat
  • #9,107
  • Dec 2, 2018 7:07pm Dec 2, 2018 7:07pm
PASR THE PATH

Quoting Scrumy
PASR - The Path Just want to share my progress on THE PATH. I discovered this thread on 30th Sept 2018. Since then I read, read and read. Now, about 2 months later I learnt a lot. When I compare the trades that I took at the beginning and the trades that I take now it is a big improvement. But still A LOT to improve. Stuff from my old alter ego: Having a messy, fully bloated screen https://www.forexfactory.com/showthr...2#post11638782 Entering trades on candles that had no momentum, no valid PASR set up https://www.forexfactory.com/showthr...8#post11643908...
Thank you, Scrumy. I would be REALLY interested to read other student's journey on THE PATH.

I trade with real money, cause otherwise my little people won't talk to me.

Microlots didn't work as well, as it is just too small. The little people won't talk then either

Go to the TOP of the CLASS, Grasshopper!

Only when you ENGAGE your Little People do you UNDERSTAND how far you are on THE PATH.

in the old Thread, Strat now starts thinking about lower timeframes. Up to page 220 there were still only Daily and upwards. Quite interesting, also to see the strategy in general evolve.

I realised it would take forever to learn on the Daily chart so I started promoting M5 and M1 as a way to accelerate the LEARNING and UNDERSTANDING process. It was by no means to shift emphasis onto the shorter time frames.

no mention of Strat Shadow - the two EMA's used are 20 and 50.

I did not want to shift the FOCUS away from learning and understanding PASR. The Strat Shadow, while VERY POWERFUL, is only a VISUAL tool to complement PASR and especially in PASR Trend Trading

no Weekly Control Candles

The FOCUS is on learning Basic PASR before anything else.

Wave Cycles are discussed a lot

Yes. I was fascinated by them BUT the more I learned and UNDERSTOOD PASR, especially the Strat Shadow, the MORE I realised that Cycles and Waves were UNPREDICTABLE and of no value to PASR.

Fibonacci used a lot

Fibonacci theory is fascinating BUT the ONLY time it works in trading is ""IF"" ALL traders trade Fibonacci Theory - which they do not so sometimes it works and sometimes it does not. When it does "work", we only use it as confluence for our PASR analysis.

I am now able to SEE the trades, instead of searching for them.

Excellent and these are the trades with the highest probability of success.

how I should watch Strat's Top 10 Pairs

I fear I have misled many on this. This is my personal trading. All others, especially those on THE PATH, should trade ALL pairs presenting opportunities to gain the valuable experience.

As I take a screenshot of every trade before and after and also posting comments on the trade itself I am able to go through each and every trade and analyze them again. This is very important for improvement.

Well done. Make sure these go in your Trade Journal.

My Goals

These are SMART goals - good lad, Scrumy!

Do you see something to add? Do I miss an important topic? How did you progress/do you progress on THE PATH? How do you backtest? Do you have a specific checklist? I'd like to hear your thoughts on this one.

Don't let Scrumy or me down on this. Let us know.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,108
  • Dec 2, 2018 11:02pm Dec 2, 2018 11:02pm
Quoting Scrumy
EURNZD, M5 Trend Trading Strategy A small loss on short EURNZD on Friday. What I did not see during the trade: Price was retesting the previous broken Support - now as Resistance. And could not close above it. No need to exit the trade. I was focusing too much on the upmoving TL and that bullish candle inside the Strat Shadow. Some more details inside the image (SL placement etc.). {image}
Hi Scrumy

I am making my way through the thread, been away for a spell taking care of things. Maybe some have answered this.

There is a lot going on here. When trading the 5m we are to stay focused but not to babysit with analysis the position, resulting in thinking too much. Then we lose track of what is happening right NOW and try to predict what price will do. A 5m chart needs room to breathe. Candle number three was a doji showing indecision. The next candle was the decision to move south. I know it almost took out your stop, but that is part of the game we play as traders. Sure it is great when a trade takes off in our direction and never looks back, but that is not the norm. The normal will make you pull your hair out if you babysit the position.

For me now. I leave off trendlines like you have drawn. They box my mind in on the PA. Price doesn't care about that little trendline but that trendline will do nothing but give me reasons to exit the position.

Dare I say..."Sometimes capital preservation is letting price hit your stop" then with a clear mind enter again with the next signal. Not "Whew I got out of that one"

It's very easy to talk yourself out of a position, close it, then have it move into a Fat City. I have been guilty of this myself. We are trading against master deceivers who have been at this game for centuries. They will win overall. We just take some of their pips for ourselves, they won't miss them.

I need to get to bed...Long busy weekend.

Rufus

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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #9,109
  • Edited 11:37pm Dec 2, 2018 11:17pm | Edited 11:37pm
Quoting Scrumy
PASR - The Path Just want to share my progress on THE PATH...

Scrumy,

Thanks for sharing your progress with us. its really helpful. I should do something like that for my self as well.
Because I believe it will expedite our learning greatly.After over 8 months as Strats PASR apprentice I see very good progress in the PATH but my reading and learning is not enough. no way near I could have been. So I should figure out a way to get maximum use of my time.I just waste lot of time in the internet for the useless things.

As you asked us about our opinion what to add and what not to add.. I don't have many to add to your list. its like complete.

However I just see couple.

. I am still not trading my full position size (1% risk), just between 1/30 to 1/6 of it (I change it on a weekly basis - not quite sure if that makes sense).

I assume you increasing your lot size weekly basis. Am I right to assume you are in a hurry to increase it into your full position size. I do not think you can measure your trading after weeks trade result. If I remember TITZ correctly you will need bigger sample size to measure your results. May be this week PRICE might be trending..next week PRICE might be consolidation. So how you measure your results and increase next week.Just my view. So think about a better sample size to measure your trading results. May be you can get Strat and other experienced guys help.


M5 checklist:

If you carved proper trend structure to your mind then you do not need to worry about consolidation. Proper trend structure means no consolidation. Also you might not have enough time to think all this. So I propose to download all the Strat's, Yomi's , SAAD007's charts. It really helped me a lot. I also saved them in my Mobile Phone as well. When I am going out and when I have free time I watch them in my phone. Now when I see a chart I can see the trend straight away. But that doesn't mean I could trade it like Strat or Yomi. especially Strat's and SAAD007's charts helped a lot. Yomi has different style. I believe her Stop loss placement is different from what strat proposing. if that's what you want to follow then study her chats as much as possible. M5 trend trading helped a lot with my long term trading as well. And it will also help to learn Strat Shadow as well.

Backtesting
I have strengthen my confidence this week with back testing (multi time frame! - therefore not in MT4) week 47 on the M5 Trend Trading Strategy. I will have to do this in future also for the long term trades.

What do you mean by this? Are you saying you back testing M5 trend trading with multi time frame analysis? If it is ..then you completely misunderstands M5 trend trading. We do not do any multi time frame analysis to M5 trend trading. of course that concept can be used to M5 trading as well. But Strat's M5 trend trading (using a saw toothed blades structure) is totally different concept.

the new thread will take about 7 month as well (to work it out in detail - till then this (NEW) thread will also have about 300 pages more than it has now)

Basically M5 trend trading is in this thread. so if you trading M5 tend then you will need to read them first.But do not mixed them up with other trading concepts. As per what I can see Strat some time attempts and posts M5 trading (more advanced) which are different from M5 trend trading. so you might need to filter them out.




That's my constructive criticism for your progress report.

Great! I should also do something like that ..

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #9,110
  • Dec 3, 2018 12:08am Dec 3, 2018 12:08am
Quoting Suran
{quote} EURNZD Looks like its heading towards 1.62000 {image} EURAUD The next target seams to be 1.53000 {image} Just my view
See some of the following replys.

Quoting bistolis
{quote} the big boss candle maybe ?
That too.
Quoting Francl
{quote} Hi Rub EURAUD, What I see is BEEB penetrated (closed) through botom off WCC and with this continuation of down trend - worker aligned with B, importan that B also closed below 1.67ish... I mised an oportunity on 21th November when BEEB happened in direction of trend, confluence with 20 ema, pullback to strat shadow and retrace to broken dynamic SR - trendline, probably cause I still didn't clear my (wrong) mind proces from my past (buying low and selling high countertrend when I thought every bounce from SR will go strait up......). It's...
Good!

Quoting TerryDawe
{quote} Current price structure on EURNZD seems to support moving lower with 1.6240 area first target and if this area is breached, next stop at 1.5700 area. Current price structure on EURAUD seems to support moving lower with 1.5280 area first target and if this area is breached, next stop at 1.5100 area. Obviously these moves will not go straight there so opportunities may present themselves on retraces to value areas. Just my opinion and I don't suggest that I can tell anyone where the market is going as it will go where it will go. Just need...
You're seeing very similar things to me. Also looking at the big boss there's a strong move down. Also I have a fair bit of room to run down to the next major support so it could be a good opportunity for a trend trade, but I don't think I'll be trading it like that. My hit rate is still pretty poor so I'll take bites out where it's offered.

Quoting Scrumy
{quote} My take on EURNZD: BB: big red candle, very strong bearish movement compared to all the previous months candles. Down. B: below Strat Shadow. Strong BEEB. Close below EMA200. Down. W: Strong bearish candle, closing below previous SR of 1.6575. Very strong downtrend. Next target would be BRN 1.64. The problem I see: Worker candle is very big (182 pips). Price is far away from the EMA20. Next SR is only 42 Pips away. Kinda bad Risk to Reward. For a conservative SL, I would place the stop above the latest swing high - which would be at about...

Yes, it's a big candle. I'll be looking for an entry on the 4hr charts because it lines up with my life pretty well, but there might be something show up on the worker too.

Apologies if I've missed anyone, I've still got half of page 455 to go and I need to leave the computer.
  • #9,111
  • Dec 3, 2018 12:11am Dec 3, 2018 12:11am
Quoting strat
EURNZD, M5 Trend Trading Strategy {quote} You have comments from others so please take note of them. I'm struggling to understand this - maybe my cold/flu ...
Thanks to everyone who responded the trade (bistolis, Suranga, Rufus and Strat). Strat, get well soon!

Just to clarify, I have drawn my SL incorrectly, sorry for that - here is a pic of my real order entry with the correct SL of 12.9 pips:
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD, M5, SL and Entry.png Size: 80 KB


First, do your charts CLOSE at 5pm New York time?

Yes, on 11pm my time they close (my MT4 shows 12pm). 11pm my time is 5pm New York.

#3 - The bar marked with 3 caused me to PANIC. - Either you do not UNDERSTAND how PRICE behaves IN and AROUND the Strat Shadow in a trend or, your position size is too big.

You are correct. I haven't got enough screentime to be calm, when PRICE closes IN the shadows (The Rasmus, 2003), sorry, meant Strat Shadow.
From my experience and blurred mind IN TRADE it looked like PRICE will now move north.

Your STOP LOSS as ORIGINALLY placed would NOT have been hit. This tells me you DO NOT KNOW WHAT YOU ARE DOING.

Yeah, I know. My SL wasn't hit. Almost a looser, then price went a little south and I exited the trade. FEAR!

More IMPORTANT learn and UNDERSTAND BASIC PASR before SWING PASR before Trend PASR

As per MikuSS great post on the different Strategies I understand what they are about (Post #8327, https://www.forexfactory.com/showthr...0#post11655250). But: I don't know what I don't know. Can't I trade Trend PASR with my current knowledge? I (think I) understood Basic PASR and Swing PASR. But I am more focused on Trend PASR. What obvious am I missing? Can someone ask me a question that identifies if I understand it or not?

"Basic PASR is trading from one Support/Resistance line to another Support Resistance line. R:R is measured before entry and is only made when acceptable. No add-ons.

Swing PASR and Boss Swing means the same, and is simply waiting for confluence of Big Boss and Boss (and entering the trade on the Worker) and riding the momentum. We take profit when primary trend changes. (Hint: Look at the Power of Time Frames)

Trend PASR is riding on the trend (think of M5 trading) and building up huge positions from smaller ones to rack up profits. As usual, we look at confirmed high/low. We exit when the trend is over."

Time to focus on backtesting, reading and watching live charts some more - with special focus on the Strat Shadow.
Accept the risk!
  • #9,112
  • Dec 3, 2018 12:28am Dec 3, 2018 12:28am
Quoting Suran
{quote} Scrumy, Thanks for sharing your progress with us. its really helpful...

Hey Suran, thanks for your comment.


I assume you increasing your lot size weekly basis.

Yes that is correct. But as I think more about it, it does not make sense to switch. I should stick to one position size. As I heard in a podcast: "Doing 1$ consistent a week does not sound that hard - but in reality it is." So even doing 1$ profit a week - CONSISTENTLY - is only achievable by good, profitable and consistent trader.

What do you mean by this? Are you saying you back testing M5 trend trading with multi time frame analysis? If it is ..then you completely misunderstands M5 trend trading

Sorry to confuse. I meant that I am able to draw my SR lines from other timeframes (H4/H1). I only do analyze what PRICE does on the M5 chart. That is - as far as i know - not possible in MT4 backtesting. You can only look at one timeframe - not able to switch between the timeframes to draw the SR lines etc.

Good tip about the pictures and putting it on the mobile phone. Will do that.

Thank you so much,
Scrumy
Accept the risk!
  • #9,113
  • Dec 3, 2018 1:23am Dec 3, 2018 1:23am
Quoting strat
... I'm struggling to understand this - maybe my cold/flu ....
Hi Strat ,

I'm struggling to understand this - maybe my cold/flu ...


Just thought to reply this because this might be useful for some one. This is what I do when I see signs of getting caught with cold ..Or even after getting caught with cold.

Normally when I see even little signs of cold I do nasal rinse. When I feels like itching inside nasal passage i will do it. Just a 2 minute rinse (before getting caught with cold ) will do the trick. No drugs needed.If I do it in timely manner then I do not get cold (99% of time). there are couple of ways to do it.

1. Saline water
I never tried saline water wash up to now .may b in future.

https://www.nationaljewish.org/treat...wash-treatment

2. Urine nasal wash.

Some might not like it.but many use it. easiest way.and free. ha ha. And it says if you do it often then you will never get caught with cold. And I can vouch. Normally when I go out to dusty places the possibility for germs to get to me very high. that times I normally do nasal rinse. Do some research



This nasal rinsing is really working because I was doing it for years. And I know how effective that is.

I would advice to anybody who wishing good health to do some research in to this.I normally do not like to use many drugs.so I always try natural ways .because its really worth it .


Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #9,114
  • Dec 3, 2018 5:12am Dec 3, 2018 5:12am
Quoting Scrumy
PASR - The Path Just want to share my progress on THE PATH. I discovered this thread on 30th Sept 2018. Since then I read, read and read. Now, about 2 months later I learnt a lot. When I compare the trades that I took at the beginning and the trades that I take now it is a big improvement. But still A LOT to improve. Stuff from my old alter ego: Having a messy, fully bloated screen https://www.forexfactory.com/showthr...2#post11638782 Entering trades on candles that had no momentum, no valid PASR set up https://www.forexfactory.com/showthr...8#post11643908...
Hi

I do not really trade M5, so there is nothing much I can add. However, I do recall I read somewhere in the thread that you might want to draw some SR on H4, so a break that form a trend, trend trading it to another H4 SR to see if there is any reverse PASR to exit. Didn't see anything about SR on your M5 checklist. (may be this isn't that important on M5, Im not sure)


Ps (nvm, I saw you had done it anyway at later post)
  • #9,115
  • Dec 3, 2018 5:19am Dec 3, 2018 5:19am
Morning
I decided to have some paper trades this morning. All of them I entered before london open and was monitoring the whole time
GPBUSD M5
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GBPJPY M5
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but I missed all the action later on , after london open
example:
GBPCAD M5
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  • #9,116
  • Dec 3, 2018 5:59am Dec 3, 2018 5:59am
EURNZD

This one is an obvious one, but I'll still do full analysis anyway.

BB
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The market is range from 1.452 to 1.791. The range is smaller compare to the last swing, and price took way longer to reach the top compare to previous swing up, means that the buyer is weaker in comparison to previous swing up. Currently is in swing down with strong momentum.
- Breaking the control candle also means the BB is starting to have a direction.

B
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The price just form a BEEB on strong support. The gap open the market below 200ema. Expect some futher wobble around this area might happen.

W
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It is bearish strong trend, a BEEB happen right after break of SR (eventually breaking the last swing low as well)

Entry - 1.64505 (I am lucky that I see the price retrace back the gap when I was screening at the chart)
SL- 1.66945 (2x ATR(5))
TP1 - 1.63255 (ATR(5)) SL to BE
TP2 - 1.61569 (next worker SR)
TP3 - trailing last swing high



======

Also AUDNZD trade update, is still trailing. It is my first trade that is actually ""long term"". H4 is a mess, and there is a confluence of demand line on B. It is still testing so there is no rush to exit.
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  • #9,117
  • Dec 3, 2018 6:03am Dec 3, 2018 6:03am
Quoting huatzhi
{quote} Hi I do not really trade M5, so there is nothing much I can add. However, I do recall I read somewhere in the thread that you might want to draw some SR on H4, so a break that form a trend, trend trading it to another H4 SR to see if there is any reverse PASR to exit. Didn't see anything about SR on your M5 checklist. (may be this isn't that important on M5, Im not sure) Ps (nvm, I saw you had done it anyway at later post)
Thanks huatzhi for your comment.

But that brings up an interesting observation: I have it already "In my veins" (Andrew Belle, 2016) to draw the SR lines - no need to put it on my checklist. Otherwise I won't be able to trade PA around SR. But that shows, that some checks are not needed anymore, whereas others are needed.

So the checklist in itself is very customized to the person using it. And the goal should be to get away from the checklist cause we have done it over and over and over again... ...until it just feels natural.

Best, Scrumy
Accept the risk!
  • #9,118
  • Edited Dec 4, 2018 12:27am Dec 3, 2018 10:58pm | Edited Dec 4, 2018 12:27am
Quoting strat
EURNZD and EURAUD {quote} I try to have the week end off from my thread but I have come down with a cold which is fast progressing to flu so i have come on here to take my mind off my symptoms. Thank you, Ben, for bringing this to everyone's attention.
Sorry to hear you're sick. Take the time and look after yourself, if you don't have your health you don't have much.

I thought those two pairs were a smack in the face type of obvious break through support, that could spark some discussion without telling people how to trade them. Seems to have worked!
  • #9,119
  • Dec 4, 2018 9:46am Dec 4, 2018 9:46am
GBP USD M5 Trend Trading

Today I was brave enough to add on on the way down. Closing was when price hit my S/R-line. So I could get 40 pips on trade 1 and 29 pips on the second one.

Attached Image (click to enlarge)
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Greetings, Markus

PS: Strat, you get well soon!
  • #9,120
  • Dec 4, 2018 11:40am Dec 4, 2018 11:40am
GBPJPY H1 PASR Trend Trading:


Happy to be back at my TradingRoom...............miss all the loving people/traders here.




Happy Trading,
Yomi.
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Time always comes before price
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