Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

bo7a method... method for GBP/JPY 205 replies

5 Tricks of Trend Trading, by Rob Booker 25 replies

Trading the Non Farm Payroll Report Like a Savage Pip Fiend, by Rob Booker 24 replies

Mr Spock. on Trading, by Rob Booker 2 replies

Attachments: Trading TheStrat / Rob Smith's Method
Exit Attachments

Trading TheStrat / Rob Smith's Method

The new # TheStrat combo set# 2024
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 271 KB
Quoting Corinna
The new # TheStrat combo set# 2024 {image}
Thank you Corinna. Where did you find this?
Stat looks great in hindsight, the lack of anyone posting results is a worry, maybe a red flag.

If you trade like me, you'll be homeless and broke within a week.
Texas-2-Step All Time Return: -1.0%
If you look at any chart, the “2” signal is more likely than “1” or “3”.
Quoting Lou
{quote} Thank you Corinna. Where did you find this?
It was posted by
Sara Strat Sniper at x.com (formerly twitter).
Hello everyone!

I've been taking a closer look at TheStrat for a few weeks now and I'm increasingly getting the impression that it's a very powerful method and that it's not about just trading a 2-1-2 combination or a hammer, for example, but knowing when to trade them. Keywords: full-timeframe continuity and broadening formations. These seem to be very important elements.

The following sources were particularly helpful to me:

1. A course by founder Rob Smith from 2017 that is not listed on YouTube. You can find the link here: https://www.youtube.com/playlist?lis...-eN7-vj7YXo8A3

2. All of AlexOptions' content, especially the live videos, is a treasure trove. Link is here: https://www.youtube.com/@AlexsOptions

Perhaps we can explore the topic further in this thread. I will start demo trading in the next few weeks.
Quoting Rob_Trader
Hello everyone! I've been taking a closer look at TheStrat for a few weeks now and I'm increasingly getting the impression that it's a very powerful method and that it's not about just trading a 2-1-2 combination or a hammer, for example, but knowing when to trade them. Keywords: full-timeframe continuity and broadening formations. These seem to be very important elements. The following sources were particularly helpful to me: 1. A course by founder Rob Smith from 2017 that is not listed on YouTube. You can find the link here: https://www.youtube.com/playlist?lis...-eN7-vj7YXo8A3...
Totally looking forward to seeing any results from this method, forward testing results that is, as hindsight is all that I can find after this method has been around for years.

I challenge you to open a Trade Explorer and really put the pressure on!!

If you trade like me, you'll be homeless and broke within a week.
Texas-2-Step All Time Return: -1.0%
Quoting Rob_Trader
Hello everyone! I've been taking a closer look at TheStrat for a few weeks now and I'm increasingly getting the impression that it's a very powerful method and that it's not about just trading a 2-1-2 combination or a hammer, for example, but knowing when to trade them. Keywords: full-timeframe continuity and broadening formations. These seem to be very important elements. The following sources were particularly helpful to me: 1. A course by founder Rob Smith from 2017 that is not listed on YouTube. You can find the link here: https://www.youtube.com/playlist?lis...-eN7-vj7YXo8A3...
Thank you so much for the sharing.
Quoting Rob_Trader
Hello everyone! I've been taking a closer look at TheStrat for a few weeks now and I'm increasingly getting the impression that it's a very powerful method and that it's not about just trading a 2-1-2 combination or a hammer, for example, but knowing when to trade them. Keywords: full-timeframe continuity and broadening formations. These seem to be very important elements. The following sources were particularly helpful to me: 1. A course by founder Rob Smith from 2017 that is not listed on YouTube. You can find the link here: https://www.youtube.com/playlist?lis...-eN7-vj7YXo8A3...
Hey Rob, I sent you a Private Message
Quoting Corinna
{quote} Thank you so much for the sharing.
Hey Corinna ... I sent you a Private Message
I really into 1-3,3-1 anybody has dashboard alert?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 38 KB
After studying videos and backtesting and demo trading hundreds of charts, I have to say this:

TheSTRAT provides a completely new perspective and a completely new interpretation of price action.

As I wrote in my previous post, TheSTRAT means more than just blindly trading a setup, e.g. the breakout of an inside bar or a 2-2 reversal, along the lines of "Oh, an inside bar. I put an entry order above and one below and that's it..." or "Oh, a hammer. If it breaks out to the upside, I'll go long..." It's about recognizing the context in which the setup is created. Timeframe continuity and broadening formations are crucial factors to understand. Risk management also works differently than one might think from a superficial look.

TheSTRAT works surprisingly well for me in stock trading, but less so in the forex market. This is not because the price action on the stock market is different from the Forex market, or because different price action laws apply in the Forex market, but simply because there are too few signals on the Forex market for a swing trader like me. For example, there is a free site where I can scan 100s of stocks for weekly signals at the weekend. And then I get 5, 10 or 20 that I can put on my watchlist, and of which I can trade 2, 3 or 5 in the following week.
In Forex, I am limited by the number of currency pairs. If, like me, you only trade the main USD pairs, you have 7 pairs. And if there is no weekly signal, then there is no trade. That is not enough for me.

My conclusion: TheSTRAT works, but not for me in Forex trading. Maybe someone who has time for day trading will try out how it works if you use the daily candle as a signal generator and make your entries in the H1 and M15...

Best wishes, Rob
Quoting Rob_Trader
After studying videos and backtesting and demo trading hundreds of charts, I have to say this: TheSTRAT provides a completely new perspective and a completely new interpretation of price action. As I wrote in my previous post, TheSTRAT means more than just blindly trading a setup, e.g. the breakout of an inside bar or a 2-2 reversal, along the lines of "Oh, an inside bar. I put an entry order above and one below and that's it..." or "Oh, a hammer. If it breaks out to the upside, I'll go long..." It's about recognizing the context in which the setup...
Rob_Trader, it made a lot of sense in your observation in the application of TheSTRAT in our trading. Do contribute more in the future. Thank you.
Quoting Zennie
{quote} Updated to v1.01. Set “showToggleButton” to true in settings to show toggle button in top right of the chart. Happy trading! {file} {file}
Zennie can this strat be fixed with alerts when all the conditions are met i will be very grateful for an alert one.Thanks
Quoting Rob_Trader
If, like me, you only trade the main USD pairs, you have 7 pairs. And if there is no weekly signal, then there is no trade. That is not enough for me.
Day trading does not necessarily mean every day trading. In fact, most professionals spend more time looking for reasons not to make a trade as opposed to reasons to make a trade.

I don't trade the STRAT per se, but I am an avid proponent of the Full Time Frame Continuity Principle as it was originally taught by Rob. However, I think the Monthly is bit too long, therefore I only look at the Weekly, Daily, and 1 Hour and use the 1 Minute for entry.

I am curious what you mean by Weekly Signal? All you need to know about the Weekly time frame is; "is it above or below its open?"
Wyckoff VSA: Always FIBbing, but never lying.
Quoting HiddenGap
{quote} Day trading does not necessarily mean every day trading. In fact, most professionals spend more time looking for reasons not to make a trade as opposed to reasons to make a trade. I don't trade the STRAT per se, but I am an avid proponent of the Full Time Frame Continuity Principle as it was originally taught by Rob. However, I think the Monthly is bit too long, therefore I only look at the Weekly, Daily, and 1 Hour and use the 1 Minute for entry. I am curious what you mean by Weekly Signal? All you need to know about the Weekly time frame...
I never said that day trading means you have to trade every day. For me, it means trading price movements within a single day. I could do this just every third Monday of even weeks in leap years if I wanted to. But here's the thing - and this is how I understand day trading - on those specific Mondays, I need to sit in front of my screen and pay close attention for a while. Since I have a regular job, that's just not possible on Mondays. So if I happen to be free on one of these rare Mondays and can't find a setup in those few main forex pairs, well, that's just bad luck; no Trade for me.
But if I'm screening let's say 1,000 stocks for signals, I'm much more likely to find something in the higher timeframes. The thing is, TheStrat offers really precise entry points with a pretty high success rate, but they don't come around very often. That's why the "basket" of forex pairs is just too small to get a lot of profitable trades. You're basically fishing in too small of a pond to catch enough fish.
I hope this better explains why I think TheStrat isn't the best fit for short-term day trading in forex, at least for me.

About your comment on TC and "is it above or below its open": Yes, TC is very important, but I prefer when the highest timeframe I'm looking at, e. g. the Monthly or the Weekly also shows an actionable signal.
Good morning everyone, there is a file or video for learn this method? thank you
  • Post #178
  • Quote
  • Last Post: Jan 10, 2025 10:27am Jan 10, 2025 10:27am
Quoting ciardim
Good morning everyone, there is a file or video for learn this method? thank you
'
There are many links to videos in the thread to learn the method. For example several can be found on page 3 and there are others as well. Scroll thru the pages.
0 traders viewing now