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Attachments: Strat's PASR Long Term, Stress Free Trading
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Strat's PASR Long Term, Stress Free Trading

Quoting Suran
let's have a little discussion... anybody interested............... I can remember I had argument with my fellow Strat's students about using historical Strat shadow crossing as S/R level.. I entered a trade today and picked quick scalp ... looks like strat shadow crossing worked or is it? let's hv a little discusion..if anybody interested ONLY If there is any interest then I will reply why this worked ......... {image} enjoy
First.. just so we are on the same page..... what Ema's are you using ?
Quoting Lou
{quote} First.. just so we are on the same page..... what Ema's are you using ?
mine is 72, 20 below are how it would look like if you using 50,20 or 63 ,20... if any body using 50,20 then he or she might get nice set up. however which EMA you using dosent matter.. if we know our stuff then we should be able to explain why it worked or why its not... dont we?
50,20
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63,20
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Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} mine is 72, 20 below are how it would look like if you using 50,20 or 63 ,20... if any body using 50,20 then he or she might get nice set up. however which EMA you using dosent matter.. if we know our stuff then we should be able to explain why it worked or why its not... dont we? 50,20 {image} 63,20 {image}
Suran, the charts you posted caught my eye because of an interesting phenomena . What I saw on the charts you posted gave me the idea to do this.
I am posting a chart with EMA 9 and 20. The red arrow shows the cross I located initially to make this post. The yellow line shows price action in both the present and what was in the past, before the 9/20 cross occurred. But look to the area of the gold arrow to the left. I noticed how the line which identified the
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cross was respected in both directions. Very interesting. I did not cherry pick this screen shot.
Quoting Lou
{quote} Suran, the charts you posted caught my eye because of an interesting phenomena . What I saw on the charts you posted gave me the idea to do this. I am posting a chart with EMA 9 and 20. The red arrow shows the cross I located initially to make this post. The yellow line shows price action in both the present and what was in the past, before the 9/20 cross occurred. But look to the area of the gold arrow to the left. I noticed how the line which identified the {image}cross was respected in both directions. Very interesting. I did not cherry...

good observation, but the cross in this chart is not that important.whats important there was the previous Support turned resistance ...and when a cross happend at the same level then that level is supper important..but then again did the PRICE bounced every time when it hit the level? nop..question is why?

so back to me chart ...................why price reacted to that level? is it the cross or some thing else....
Focus, Patience, Discipline, Determination and Perseverance
Quoting tomgoodman
Why you don't use volumes for analysis?
I first used volume when I traded Futures & Commodities in 1992 and tried again with Forex until I realised the volume in Forex is only that of your broker.

I tried again using volume when I switched back to Futures a few months ago. The problem is that retail brokers which WE use do not use REAL volume from the Exchange! They claim they do but I had a big argument with the MT5 broker who refused to give me A1 Order Book status and they finally admitted it was not TRUE volume from the Exchange. I also have an acquaintance who is an Executive at a brokers and he confirmed this as well.

If you compare volume across several brokers, which I did, you will see very different values. As a result, volume and any other volume related statistic/indicator are meaningless for me in my trading.

The only TRUE and REAL volume is that which PROFESSIONAL TRADERS get from their COMMERCIAL brokers. By PROFESSIONAL I mean traders who have a SERIES 7 Trading Licence and NOT those on public forums who describe themselves as ""PROFESSIONAL TRADERS"" - these are often the "self proclaimed "experts" and "gurus"". I have known a few PROFESSIONAL SERIES 7 TRADERS in my time and NONE of them frequent public trading forums.
15 YEARS OF PASR ON FOREX FACTORY!
Quoting Suran
{quote} good observation, but the cross in this chart is not that important.whats important there was the previous Support turned resistance ...and when a cross happend at the same level then that level is supper important..but then again did the PRICE bounced every time when it hit the level? nop..question is why? so back to me chart ...................why price reacted to that level? is it the cross or some thing else....
Something else.
The ema crosses have no special power. If they did price would bounce at the crossing point every time ... just as you have raised the question. But price does not do that, as you have observed.
The Support and Resistance levels of price occur whether the Emas are present or not. They are indicators.

I think the Something Else is Price Manipulation by, as Strat says, the Big Boys. Looking at the G/U 5m chart in question, note the price action starting just before 8 a.m. which is leading up to the NY open. Then look at the push up to the consolidation level (which is the line drawn from the consolidation level to the left, which just happens to be at the Ema crossing). Now look what happens to price. It gets pushed up and traders are drawn in going long. Then suddenly price reverses and those traders are in losses or already stopped out. This process happens over and over again in the following hours, until that pattern ceases .... have the Big Boys gone to lunch ?
Also something to consider. Are the Big Boys using the retail traders' attraction to Emas as a way to exploit them ?
Quoting Lou
{quote} Something else. The ema crosses have no special power. If they did price would bounce at the crossing point every time ... just as you have raised the question. But price does not do that, as you have observed. The Support and Resistance levels of price occur whether the Emas are present or not. They are indicators. I think the Something Else is Price Manipulation by, as Strat says, the Big Boys. Looking at the G/U 5m chart in question, note the price action starting just before 8 a.m. which is leading up to the NY open. Then look at the...
Are the Big Boys using the retail traders' attraction to Emas as a way to exploit them ?

They might be ..at times..not all the times. it depends the volatility and liquidity etc.. if they can get enough orders on the books then they might enter at MA's for a discount price (if they are long )or premium price (if they are short). whats more important to them is the liquidity.. if they canot get enough size on the books then they will manipulate the PRICE to get your stops so that they can fill thier orders.. while when you and me trading couple of lots ...they are trading thousands of lots..so think about how they can fill thier orders...

so the long story short.... Strat shadow is very important tool ..only if you know how to use it.. and its not somthing like woodo magic..if you want to think like it is..then good for you.. and your money would belongs to big boys after some time..thats for sure

looks like nobody else want to learn why my trade worked....... ( btw I still didnt tell you why I entered and exit....... Lou )
Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} Are the Big Boys using the retail traders' attraction to Emas as a way to exploit them ? They might be ..at times..not all the times. it depends the volatility and liquidity etc.. if they can get enough orders on the books then they might enter at MA's for a discount price (if they are long )or premium price (if they are short). whats more important to them is the liquidity.. if they canot get enough size on the books then they will manipulate the PRICE to get your stops so that they can fill thier orders.. while when you and me trading...
Actually I completely forgot that you had made a trade. I just went back to look. Ok.. what was the reason your trade worked ?
pretty beutiful this set up dosnet it? or is it?



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Focus, Patience, Discipline, Determination and Perseverance
Quoting Lou
{quote} Actually I completely forgot that you had made a trade. I just went back to look. Ok.. what was the reason your trade worked ?
I still dont see any interest from you guys to learn that .... still its only you...
Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} I still dont see any interest from you guys to learn that .... still its only you...
The thread has been very quiet for several weeks, including myself . So maybe members are just not checking in. I would not say it has to do with your question in particular.
On the most recent chart you posted I see a box or range . The bottom is drawn in from the ema cross. You could do the same at the upper range from near the higher ema cross. So that would build the box with a 50 pip range or so. Based on price action one might want to trade from the high to the low and back. Price shows that has been attempted several times
Quoting Lou
{quote} The thread has been very quiet for several weeks, including myself . So maybe members are just not checking in. I would not say it has to do with your question in particular. On the most recent chart you posted I see a box or range . The bottom is drawn in from the ema cross. You could do the same at the upper range from near the higher ema cross. So that would build the box with a 50 pip range or so. Based on price action one might want to trade from the high to the low and back. Price shows that has been attempted several times
Based on price action one might want to trade from the high to the low and back

how do you know there is a resistance at top side ? EMA cross?..I can only laught at this m8.no offence to anybody..but thats what it is.. BTW I already told you whats lies above the price (many posts earlier)... but nobody incorporated it in to thier trading..which is bit unfortunate for you (not me). and then keep on arguing and trying to prove you are right... what to do..

anyway back to my last chart ...... I thought some one might jump in and say.."look look thats what I said..historical EMA crosses works"....I can only laugh inreply...again

You guys still blinded by the historical EMA cross dont you? of course you are............ let me try another way to help you...

Answer my question.. if you can...

What is in the blue box?
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Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} Based on price action one might want to trade from the high to the low and back how do you know there is a resistance at top side ? EMA cross?..I can only laught at this m8.no offence to anybody..but thats what it is.. BTW I already told you whats lies above the price (many posts earlier)... but nobody incorporated it in to thier trading..which is bit unfortunate for you (not me). and then keep on arguing and trying to prove you are right... what to do.. anyway back to my last chart ...... I thought some one might jump in and say.."look...
Suran, I really don't know what you are attempting to say. I told you what I see in these last few chart posts. That is what I am responding to... nothing else. Simply giving my observations . That is not arguing.

Plus the way you are going about all of this is , for me, very annoying.
Quoting Lou
{quote} Suran, I really don't know what you are attempting to say. I told you what I see in these last few chart posts. That is what I am responding to... nothing else. Simply giving my observations . That is not arguing. Plus the way you are going about all of this is , for me, very annoying.
no offence ...Lou ..let's stop this discussion right there.. sorry if its annoying .. What I am trying to say is PRICE changed the direction not because MA cross.. but becouse something else.. but you people keep beliveing its because MA cross.. seems like I failed to explain.. seems like teaching is not for me.. will save my time..

This is the second time I tried in this thread to explain this damn thing... I feel sorry for wasting my time..
Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} ok.. will stop it right there..you can keep looking at the markets the way you like to see..hope the MA crosses will pay your bills..
Suran, you have constructed in your mind that I have a point to prove with the crosses. I never have . Just making observations, never saying one thing is better than the other. I even agreed with you that 'it' was something else. So your attitude makes no sense at all.
Quoting Lou
{quote} Suran, you have constructed in your mind that I have a point to prove with the crosses. I never have . Just making observations, never saying one thing is better than the other. So your attitude makes no sense at all.
Did I say that YOU trying to prove a point... All I said is you believing historical MA cross too much...so I tried to help you (twice in this thread now) and stop paying your bucks to professionals and stop giving back your hard earned money to bigboys..... seems like I am someone with an attitude..
Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} Did I say that YOU trying to prove a point... All I said is you believing historical MA cross too much...so I tried to help you (twice in this thread now) and stop paying your bucks to professionals and stop giving back your hard earned money to bigboys..... seems like I am someone with an attitude..
I never in the past have had this ema cross discussion with you.
Quoting Lou
{quote} I never in the past have had this ema cross discussion with you.
Did I say YOU had EMA discussiona with me in past? whats wrong with you? or is my language that BAD?

Anyway I am not replying anymore .. you can keep beliving you Historical MA cross.. which is a PRETTY setup.. but a stupid setup
Focus, Patience, Discipline, Determination and Perseverance
Quoting Suran
{quote} Based on price action one might want to trade from the high to the low and back how do you know there is a resistance at top side ? EMA cross?..I can only laught at this m8.no offence to anybody..but thats what it is.. BTW I already told you whats lies above the price (many posts earlier)... but nobody incorporated it in to thier trading..which is bit unfortunate for you (not me). and then keep on arguing and trying to prove you are right... what to do.. anyway back to my last chart ...... I thought some one might jump in and say.."look...
Hi there Suran,

What you're trying to discuss is about smart money concept, am I right? So that blue box you drew was a liquidity trap/ sell stops area.

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I've been using Strat shadow for quite a long time, and comfortable with it. In fact, I can't live without it as most of my entries are from Strat shadow.

But I've also applying price structure reading, especially how to not becoming a liquidity for someone else's order. So far so good. Shadow's useful for me as I can feel at peace for some reason.

The EMA crossed can be understand as change of character in some cases, but not always. So I often trying to line them up to make my analysis tastier. relying solely on the crosses is not a good recipe for a tasty cooking

I also use Strat shadow to "chase" trade, in case I missed my entry at the liquidity gap or OB.

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The smart money guy didn't get a trade there, where as me as a hybrid "SmartStrat" guy have tons of entry opportunities just above it.

Anyway, this thread is all about Strat trading, it's not SMC. I'm not sure if it's appropriate to discuss it here.

Perhaps you should try to open up your own thread discussing the combination of Strat + SMC. I'm sure it would be a hot topic on its own. Just a suggestion though.
M1 DOW until NY lunchtime

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M1 EURO until NY lunchtime
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All simple PASR trades
15 YEARS OF PASR ON FOREX FACTORY!
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