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Strat's Long Term Stress Free Trading

  • #4,841
  • Aug 24, 2009 9:00pm Aug 24, 2009 9:00pm
Quoting FrankenPip
Hi rolyrivero:

Where can I download that indicator?
Bloody hell - now we have someone who is TOO LAZY to go back 6 pages!

Don't forget the newly released Dr. Joe indicator but again you will have to look for it!
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,842
  • Aug 24, 2009 9:39pm Aug 24, 2009 9:39pm
Quoting FrankenPip
Hi rolyrivero:

Where can I download that indicator?
Don't forget these others
Attached Image (click to enlarge)
Click to Enlarge Name: indicator stupidity.gif Size: 64 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,843
  • Aug 24, 2009 9:47pm Aug 24, 2009 9:47pm
Quoting elitejets
Guys ...
I'm going to help you out here. If you read the whole thread (which is now quite long) you will realise three important things about Strat ...

1. He never spoonfeeds anyone.
2. He often says outrageous things that are completely wrong to see if we are paying attention.
3. The only indicator Strat really thinks is important is the one in our skulls between our eyes (our brains) and that is the holy grail


Good trading
But # 4 is missing - its what I've been emailing you on!
15 YEARS OF PASR ON FOREX FACTORY!
  • #4,844
  • Aug 24, 2009 9:54pm Aug 24, 2009 9:54pm
Quoting Alexandra
On a related note, my enamoured pair has been rebuffed on its initial sojoun north of 95 despite an enticing technical picture. That is a tough level, however, so, once again, I am advertising this sale on any suggestive PA at current levels. The bargain basement sale was below 93, as noted at the time.
Could we be headed back down to bargain basement prices again? Or lower?
Will the hammer from Friday hold? Or, the shooting star from today?
Which PA do we believe?
Are we testing support?
Who's in control..buyers or sellers???
Hmmm....
Chop! Chop!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-daily-08-24-2009.gif Size: 23 KB
  • #4,845
  • Edited 10:36pm Aug 24, 2009 10:03pm | Edited 10:36pm
LOL - Strat is in control I believe! Better consult that indicator of his for the answer!
  • #4,846
  • Aug 24, 2009 10:06pm Aug 24, 2009 10:06pm
Quoting Blackeagle
Now, until the bar where we have arrow, you'll mostly see H4 bars with lower high and lower low together with a few IBs that means we are going down. What we are looking for after drawing DSRI is the break of it with a bar which shows higher high and higher low.
Thanks Black!

I have been studying your posts and testing them out. It's amazing how well your method works. It took a bit of rereading, F12, and live charts to see it clearly, but wow. I just wanted to thank you for the insight. You, Strat, and the rest of the crew have shined light in places that really allowed me to "see".
  • #4,847
  • Aug 24, 2009 10:11pm Aug 24, 2009 10:11pm
Quoting rolyrivero
http://www.geocities.com/capicornio/blog/error.gif

Quoting strat
Alexandra, my dear, I had no idea you were into it - Indicator coding I mean.

You are so right!

For some reason, <_window"> was missing off the one in my post

It should read:

//---- indicator settings
#property indicator_chart_window

Thank you Alexandra, you obviously fixed your own!
Tried to compile by replacing #property indicator_chart with #property indicator_chart_window .......... you get more errors .... 60 errors and 7 warnings ..

Anyone with a compile version please post it here . TQ
  • #4,848
  • Aug 24, 2009 10:23pm Aug 24, 2009 10:23pm
Strat....

You really roped in the indicator addicts. Obviously not reading the other posts.

I gotta a feeling about this man....$69. Nice round number.

Did you forget the MenageATrois(3) variable?
  • #4,849
  • Aug 24, 2009 10:34pm Aug 24, 2009 10:34pm
Quoting One14
Thanks Black!

I have been studying your posts and testing them out. It's amazing how well your method works.
Indeed, especially when there is a static SR nearby, supporting the decision.
Watching USDCAD now.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD-Daily.jpg Size: 155 KB
Click to Enlarge Name: usdcad-h4.jpg Size: 82 KB
  • #4,850
  • Aug 24, 2009 10:55pm Aug 24, 2009 10:55pm
Quoting lurahemas
Tried to compile by replacing #property indicator_chart with #property indicator_chart_window .......... you get more errors .... 60 errors and 7 warnings ..

Anyone with a compile version please post it here . TQ
What i am about to say here is not directed directly at you but more so at the recent posters coming here and expecting a free lunch! (Your post does fall into this categry though)

I know Strat has said this many times but i am going to go ahead and repeat it!

If you are not willing to read 300 pages post by post, possibly more than once ( I recommend more than once) as the first time it will be hard for your brain to soak up this mass of great trading knowledge, Then what makes you think you can survive in this bussiness for more than a few months??

If you take the time to read about some of the great traders we have here on FF you will find that most of them if not all spent thousands of hours studying the markets. Some also spents thousands of dollars!!!

But they did not give up they constantly pushed the negitive thoughts away that can come into your mind so easily when we are not making good trades in the markets. These people perservered by putting in tons of HARD work.

Just to use myself as an example for a moment, Strat recommeds we read the first couple hundred pages of the J16 thread in addition to reading his to get the basics of PASR. Have you all done this??? I myself took that a bit farther i am planing on reading the entire thread, some 2500 pages! I imagine when i get done with this it will have answered alot of the random questions most of us have about the markets. But thats just me.

I have read dozens and dozens of worthless trading books from stocksto options,commodities, and forex. None of them have givenme any kind of real trading knowledge i can use to profit in the markets. i bet if i combine all those pages together i have read over 10,000 pages of junk over the last couple of years! I guarantee you if you read and understood strats 300+ page thread and the 2500+page J16 thread you would be a PROFITABLE TRADER!!!

Now i am no where near trading on the level of the greats i have mentioned above but i am getting one step closer every page i read of these great threads and i am 100% confident that with enough hard work i too will be a great trader some day.

Anyways i am just trying to help people think a little about what they are really facing and to drive home that there are no short cuts in this bussiness.

So if the above does not answer your question......There is NO indicator!!!

Your ability to see PASR with your own eyes is your indicator!!
  • #4,851
  • Aug 24, 2009 11:26pm Aug 24, 2009 11:26pm
Nice clean chart, look forward for more inputs on how to use the indicators.
One question, I don't see the newly realeased Dr. Joe indicator here.

Quoting strat
Don't forget these others
  • #4,852
  • Aug 24, 2009 11:35pm Aug 24, 2009 11:35pm
Quoting lurahemas
Tried to compile by replacing #property indicator_chart with #property indicator_chart_window .......... you get more errors .... 60 errors and 7 warnings ..

Anyone with a compile version please post it here . TQ
Letīs close this case and let me take the opportunity to thank STRAT and team for the tremendous job on helping traders. PASR method is compatible with my trading and shortcut is not an alternative, best indicators on real time are our own eyes mixed with PASR !!! Greetings from the south of this hemisphere. Gracias!
  • #4,853
  • Aug 25, 2009 12:22am Aug 25, 2009 12:22am
Strat - give the SNB another sleeping pill this week, will you?!
  • #4,854
  • Aug 25, 2009 12:54am Aug 25, 2009 12:54am
Heres a trade i took a couple of weeks ago, Almost made it through the chop!!

See the DSRI line chart also for why i should be up 400+ pips on this trade!!

lesson learned
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCAD_stopped_out.png Size: 66 KB
Click to Enlarge Name: gbpcad_line_chart.png Size: 56 KB
  • #4,855
  • Aug 25, 2009 12:55am Aug 25, 2009 12:55am
Quoting strat
Bloody hell - now we have someone who is TOO LAZY to go back 6 pages!

Don't forget the newly released Dr. Joe indicator but again you will have to look for it!
Hi strat:

I did look.

It is not in the attachments.

The one posted in text does not compile.
If you only trade long, then you can't always be wrong.
  • #4,856
  • Edited 2:07am Aug 25, 2009 1:18am | Edited 2:07am
I thought I would show this trade, I found it amusing. It's a kinda sorta strat trade, with my interpretation of how it should be executed!

The two trend lines shown are drawn on the Daily, I zoomed in to a 1 Hr to show the details. I keep my eye on what Gold is doing, but don't trade it that often unless I see a good set up. The previous day had a good run up and slammed into resistance.When a four hour candle touched the trend line to the pip ( Arrowed ) I prepared to take a short with the intention of trading to the Daily support below.I waited a couple of hours expecting a stop run to the top side, but when it did'nt happen I opened the trade.

Sure enough within an hour, the big boys played their little games. I took some heat, but was confident in my analysis.
After seven hours the trade was in profit but was'nt moving the way I had expected. It was 1AM local time and I wanted to go to bed!
Now I was faced with a dilema. Do I put in a 600 pip stop(above the spike) and a take profit at the bottom trend line, or just take what was on the table and call it a day.I decided on the latter, and went to bed.

Such is life.

Roy
Attached Image (click to enlarge)
Click to Enlarge Name: Gold Trade 1.jpg Size: 47 KB
Polishing my crystal ball
  • #4,857
  • Aug 25, 2009 2:58am Aug 25, 2009 2:58am
Quoting elitejets
Haha, Darksider just means a pure price action trader Strat, and I thought it was a cool name for a bit.
I am only using PASR, my modification is that I select the pairs I like on daily/weekly setups and then look for 4hr/1hr entries for better R:R

I agree with everyone about GBPCHF, I am short since last Weds.

That said, I know no one really liked this pair but I am giving it another go this week:
I am with you, been short since last week as well.
  • #4,858
  • Edited 5:51am Aug 25, 2009 5:31am | Edited 5:51am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting strat
Don't forget these others

Can you tell me which pair this is - looks like it's a good buy signal except for number 23 looks short - what do i do - tell me please.





Just for you Strat, i coded the DSRi, works a treat and should get the job done


Attached File(s)
File Type: mq4 DSRi.mq4   3 KB | 1,244 downloads
  • #4,859
  • Edited 9:21am Aug 25, 2009 7:29am | Edited 9:21am
hey roy,

i have no idea how u survived that titanic drawdown...were wss ur SL?

mb its me but i also do not see a PA bar that triggered your trade....why not enter at the break of the low of the bearish engulfing candle..that would have been a second rejection of resistance (DT) withPA... besides the sl shouldnt matter since your risk doesnt change right???

also..since you were tired and wanting of sleep why not set ur trade to BE and have the posibility of almost infinite return
  • #4,860
  • Aug 25, 2009 8:06am Aug 25, 2009 8:06am
Quoting MPP

Just for you Strat, i coded the DSRi, works a treat and should get the job done


Attachment
Nice bit of coding there!
Only time will tell if it works :Ž)
He has the right to criticize who has the heart to help. Abraham Lincoln
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