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Strat's Long Term Stress Free Trading

  • #4,281
  • Edited 8:16am Jul 25, 2009 7:03am | Edited 8:16am
Quoting strat
Well today must be seventh heaven for IB traders with 12 out of my 16 pairs showing IBs
Yes ... 7th Heaven.
2 inside bars 8th heaven
3 inside bars 9th heaven
4th IB ... Jackpot

I'm watching the double bottom in USDCAD closely. First it has to stop going down ... then it has to tell me its going up.
  • #4,282
  • Jul 25, 2009 11:44am Jul 25, 2009 11:44am
Quoting strat
Well today must be seventh heaven for IB traders with 12 out of my 16 pairs showing IBs
I think am on the worker's page here. Double inside bar, resistance... will history repeat itself? Am going to ask the Boss later.

Z
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  • #4,283
  • Jul 25, 2009 4:28pm Jul 25, 2009 4:28pm
Quoting strat
Brings tears to your eyes, Danny boy, especially the one that is a shooting star!
LOL! Oops - that will be the red wine on a Fri eve after a long week! Shooting Star indeed Strat. 'Pin Bar' would have kept me in the clear!!
Trade less and become more profitable!
  • #4,284
  • Jul 26, 2009 10:10pm Jul 26, 2009 10:10pm
Quoting strat

So, let's get you back on track and from now on, only take trades from support/resistance to the 1ST level of Daily resistance/support.
Thanks for the feeback, I will be doing this untill I gain more confidence and experience.
  • #4,285
  • Edited 10:46pm Jul 26, 2009 10:32pm | Edited 10:46pm
Back from Holiday I have chosen to post here, and I find myself with exactly the same positions (and bias) as before my leave, despite the initial pullbacks earlier in the month. Given the history, one would expect trend traders to be rewarded after the recent consolidations within the next 2 weeks. Time will tell. Pass the tanning lotion.

LOL - "IB" is my shorthand for "C-O-N-S-O-L-I-D-A-T-I-O-N."
  • #4,286
  • Jul 26, 2009 10:54pm Jul 26, 2009 10:54pm
Quoting Alexandra
Back from Holiday I have chosen to post here, and I find myself with exactly the same positions (and bias) as before my leave, despite the initial pullbacks earlier in the month. Given the history, one would expect trend traders to be rewarded after the recent consolidations within the next 2 weeks. Time will tell. Pass the tanning lotion.

LOL - "IB" is my shorthand for "C-O-N-S-O-L-I-D-A-T-I-O-N."
Welcome back - we did have some fun with the JPY pairs, EURCAD and USDCAD though.
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,287
  • Jul 26, 2009 11:24pm Jul 26, 2009 11:24pm
Quoting strat
Welcome back - we did have some fun with the JPY pairs, EURCAD and USDCAD though.

LOL - Indeed, it was quite obvious that JPY traders thought the world had ended with my departure. Fortunately, they regained their senses.
  • #4,288
  • Jul 27, 2009 4:51pm Jul 27, 2009 4:51pm
Patiently watching and waiting
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15 YEARS OF PASR ON FOREX FACTORY!
  • #4,289
  • Jul 27, 2009 4:59pm Jul 27, 2009 4:59pm
Patiently watching and waiting
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15 YEARS OF PASR ON FOREX FACTORY!
  • #4,290
  • Jul 27, 2009 5:06pm Jul 27, 2009 5:06pm
Patiently watching and waiting
Attached Image (click to enlarge)
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15 YEARS OF PASR ON FOREX FACTORY!
  • #4,291
  • Jul 27, 2009 5:13pm Jul 27, 2009 5:13pm
Patiently watching and waiting
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15 YEARS OF PASR ON FOREX FACTORY!
  • #4,292
  • Jul 27, 2009 5:28pm Jul 27, 2009 5:28pm
me too !!!!!!!

Elitejets?......
  • #4,293
  • Jul 27, 2009 5:59pm Jul 27, 2009 5:59pm
Quoting Baba G
me too !!!!!!!

Elitejets?......
Errrrr NO
  • #4,294
  • Jul 27, 2009 8:12pm Jul 27, 2009 8:12pm
Quoting elitejets
Errrrr NO
Ohhhh come on
  • #4,295
  • Jul 28, 2009 10:15am Jul 28, 2009 10:15am
For those who have a difficult time understanding how we can go from crisis to recovery in a few short months, here it is in simple terms:

It is the month of August, on the shores of the Black Sea. It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.

Suddenly, a rich tourist comes to town.

He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.

The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.

The butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.

The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.

The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.

The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.

The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.

At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.

No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.

And that, ladies and gentlemen, is how the United States Government is doing business
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,296
  • Jul 28, 2009 10:31am Jul 28, 2009 10:31am
Just an update to let you all know I have not fallen off of the face of the earth. I have been working a lot of overtime lately, recently took a new job and have been really stepping it up a notch. I am growing my account at the moment, putting my extra funds in the forex account. I have not had time to keep up with this thread or with forex, it has been put on the back burner for the moment while I work to make the extra money I need for personal debt (working on paying everything off), and forex funds. I will be back in a few months to pick up where I left off. I am looking forward to coming back, I have missed you guys. Just save me a bit of money, do not take it all while I am gone .
  • #4,297
  • Jul 28, 2009 10:38am Jul 28, 2009 10:38am
Quoting rgrace
Just an update to let you all know I have not fallen off of the face of the earth....
Really glad to see you again, young Mr Grace - we missed your logical and common sense posts! Take your time, and come back when you are ready - there will be an opportunity waiting for you.
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,298
  • Jul 28, 2009 11:25am Jul 28, 2009 11:25am
Saw this on a scalping thread - and he's PLEASED!

I've been in a M15 AUDUSD trade for almost 4 hours and it's KILLING me - will post when I'm out - I'm ready now but she looks like she wants to give me a few more pips.


http://static.forexfactory.com/forex...tar43707_5.gif DXTrade
Take Five
Member Since Jul 2007
http://www.forexfactory.com/images/misc/4kt.gif 302 Posts

http://static.forexfactory.com/forex...cons/icon1.gif EU
Made it...
Took 1.5 hours to make 5 pips.... not always like this fortunately
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,299
  • Jul 28, 2009 11:37am Jul 28, 2009 11:37am
Haven't stopped laughing since I read this:

4xtrader2
Perpetual Student
Member Since Sep 2007
7 Posts

http://static.forexfactory.com/forex...cons/icon1.gif Scalpers
For those of you who are still using the scalping program (like myself), I came up with a way to improve "seeing" the price action and anticipate the price moves. Basically, I created both an M1 and an M5 chart for each currency I watch and set all the indi's identically. I don't trade on the one minute chart, I only use it to identify how strong the price action is prior to the signals appearing on the 5 minute chart. It has really helped to eliminate false signals and it helps if you wish to re-enter for additional pips on retracements.
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,300
  • Jul 28, 2009 11:41am Jul 28, 2009 11:41am
Quoting strat
Patiently watching and waiting
I love this. I've been trying to find a picture to match but sorry i haven't been successful.

Z
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