Strat's Long Term Stress Free Trading | Page 435 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Strat's PASR Long Term, Stress Free Trading 18,592 replies

M5 PASR Trend Trading Strat 95 replies

What you need for trading: indis, a strat & good music 27 replies

Another way to stress free, mechanic long term trading 29 replies

Short Term / Medium Term / Long Term? 3 replies

Attachments: Strat's Long Term Stress Free Trading
Exit Attachments

Strat's Long Term Stress Free Trading

  • #8,681
  • Dec 22, 2009 8:54am Dec 22, 2009 8:54am
Quoting Alexandra
LOL - What? Italian Ice Cream?
Fibonacci - Italian

Italians were famous for their ice cream!
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,682
  • Dec 22, 2009 8:56am Dec 22, 2009 8:56am
Quoting strat
Fibonacci - Italian

Italians were famous for their ice cream!
Oh - Oh - gotcha....you've referenced that before. No, I was looking harder at that July low at 91.75. I look at Fibos to some extent, too. Tough sledding in here ahead of 92.50. Should clarify things.
  • #8,683
  • Dec 22, 2009 9:12am Dec 22, 2009 9:12am
Quoting Alexandra
Oh - Oh - gotcha....you've referenced that before. No, I was looking harder at that July low at 91.75. I look at Fibos to some extent, too. Tough sledding in here ahead of 92.50. Should clarify things.
Similar story with USDCHF - so maybe these two are getting their act together
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,684
  • Dec 22, 2009 9:19am Dec 22, 2009 9:19am
There are a few pairs whose MAs are horizontal and inter-twined.

These should be watched very closely for PASR.

If you don’t know what happens to pairs whose MAs are horizontal and inter-twined, go to your charts and play with f12.
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,685
  • Dec 22, 2009 11:45am Dec 22, 2009 11:45am
[quote=strat;3322589]Good lad and well done, Dave!

Quote
This is a perfect example of trading from resistance to 1st support and I am adding the link to this post on the FIRST page as an inspiration to other students.
After reading what was posted on Dave's chart. Finally, this is what I have been waiting for. PASR for newbies like me. Trade on PA to the first SR. Sometimes even against the trend would be profitable.

Thanks to Dave that you've showed a simple and easy way to understand entry and exit. My psychology is really weak. I know I would have chicken out at the IB that formed on 18th and close it manually. I think the problem with me is that I am not confident with my analysis skill that's why I never trade according to my plan.

Strats,
Thank you so much for starting this thread. It is very entertaining and also mind blowing. I feel there's so much bond in this thread. I really love to read it eventhough sometimes I really didn't get the meaning.

Erm, and I have not finish reading the thread yet. but I'm ready to contribute for mistake that I've done so far which hopefully will help viewers from making the same mistake as me.

I will continue reading from where I left out and also the latest post.

Merry xmas everyone!! happy new year!! cant wait to eat the meat in between top and bottom (am i right with this phrase?) haha

joy

ps: sorry for the bad english if there's any misunderstanding of meaning here.
  • #8,686
  • Dec 22, 2009 3:14pm Dec 22, 2009 3:14pm
[quote=SlowLearner;3322989]
Quoting strat
Good lad and well done, Dave!...
Well Joy to the World then!

sorry for the bad English

Don’t be sorry – it is us lazy English only speaking people who should be sorry. Your English is a million times better than my Malay.

I really love to read it even though sometimes I really didn't get the meaning.

This applies to all those whose native language is not English. If there are words or phrases that you don’t understand, ask us to say it in a way that you will understand.

cant wait to eat the meat in between top and bottom (am i right with this phrase?) haha

I am very tempted…………………but I won’t!
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,687
  • Edited 4:25pm Dec 22, 2009 3:34pm | Edited 4:25pm
Quoting strat
Similar story with USDCHF - so maybe these two are getting their act together
Yes, indeed...there is some unity - from 12/11/09:
"Overall, there is room for some dollar buying on multiple fronts, so perhaps it is time to put up or shut up, as they say. A recovery of the 90 level is a wellie filler for those Dr. Joe fans in the crowd not already long."

Let's see if 92.30-50 can be taken out or if it will hold the ascent; USDCHF has a bit more room., but, once again, it is putting the brakes on ahead of (er....in contrast to) EURUSD.
  • #8,688
  • Dec 22, 2009 8:44pm Dec 22, 2009 8:44pm
Quoting patrick25
Hi All,

This is interesting guys. I would like to open a discussion and learning purpose only. Strat please comments on these. I find that audchf is very similar to eurusd but fast forward in the future please see charts. On weekly charts, Boss gave us warning on 11-15-09 and 11-22-09. On daily chart, we are @ a very interesting level.
Patience has payoff, from Resistance to 1st Support.
Attached Image (click to enlarge)
Click to Enlarge Name: audchf.12-22-09.gif Size: 18 KB
  • #8,689
  • Dec 22, 2009 9:17pm Dec 22, 2009 9:17pm
Quoting strat
But where is the biggest ROI - Stocks, Futures, Commodities or Forex?

Which trends most - Stocks, Futures, Commodities or Forex?

Which has the most volume and liquidity - Stocks, Futures, Commodities or Forex?

Now that you "know" how to drive a Ferrari, why would you want to drive a GMC truck?
Can a Ferrari take me to Tahoe in the winter? My truck CAN!



I know what you mean though. I just think being very selective just as we are doing here in other markets could prove to be some great opportunities.
Attached Image (click to enlarge)
Click to Enlarge Name: tahoe 013.jpg Size: 316 KB
  • #8,690
  • Dec 22, 2009 10:50pm Dec 22, 2009 10:50pm
Quoting patrick25
Patience has payoff, from Resistance to 1st Support.
I still see uptrend is valid on AUDCHF. Look at your Boss chart.
  • #8,691
  • Dec 23, 2009 6:22am Dec 23, 2009 6:22am
"Hammer, Shooting Star, BUOB, BUEB, BEOB and BEEB"

Can anybody show us the shapes of these candles?

and What's the "PASR"?

Thanks
  • #8,692
  • Dec 23, 2009 6:39am Dec 23, 2009 6:39am
Quoting zimo
"Hammer, Shooting Star, BUOB, BUEB, BEOB and BEEB"

Can anybody show us the shapes of these candles?

and What's the "PASR"?

Thanks
I fear you will get into trouble coming in at this point in the thread and asking such questions. If you read from the first post you will soon discover everything you wish to know. There is really no substitute for finding such things out for yourself.

You could also try googling the terms as there are lots of sources for candle shapes and their possible implications.

You can have a really enjoyable Christmas and New Year finding out! When you have done that you will find people are very welcoming in this thread. But you have to do the basic work by reading the posts.

Good luck in your efforts.
  • #8,693
  • Dec 23, 2009 6:48am Dec 23, 2009 6:48am
Quoting Lotuselanman
I fear you will get into trouble coming in at this point in the thread and asking such questions....
Thank you, Christopher.

As usual, a very polite reply from our very polite "English Gentleman".

In the spirit of Christmas, I will leave it at that although both barrels are armed and ready!
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,694
  • Dec 23, 2009 6:52am Dec 23, 2009 6:52am
Quoting patrick25
Patience has payoff, from Resistance to 1st Support.
Did you trade this, Patrick? Demo or REAL money?

If so, how did you deal with the Hammer?
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,695
  • Dec 23, 2009 7:02am Dec 23, 2009 7:02am
Quoting Alexandra
Yes, indeed...there is some unity - from 12/11/09:
"Overall, there is room for some dollar buying on multiple fronts, so perhaps it is time to put up or shut up, as they say. A recovery of the 90 level is a wellie filler for those Dr. Joe fans in the crowd not already long."

Let's see if 92.30-50 can be taken out or if it will hold the ascent; USDCHF has a bit more room., but, once again, it is putting the brakes on ahead of (er....in contrast to) EURUSD.
The key to all three is what happens at the fat line
Attached Image (click to enlarge)
Click to Enlarge Name: $us.gif Size: 20 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,696
  • Dec 23, 2009 8:17am Dec 23, 2009 8:17am
Quoting strat
The key to all three is what happens at the fat line
different chart??

Spinner
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf 009-12-23_16-15.jpg Size: 106 KB
Spinner 'Tis in the Waiting.....
  • #8,697
  • Dec 23, 2009 9:43am Dec 23, 2009 9:43am
Quoting Blackeagle
I still see uptrend is valid on AUDCHF. Look at your Boss chart.
Thanks for the hint. The reasons I considered the trade because the two boss candles from 11-15 and 11-22. On the worker, price hit resistance and started moving lower and broke the trend line. I will try to trade this condition with the boss makes lower low next time.
  • #8,698
  • Dec 23, 2009 9:51am Dec 23, 2009 9:51am
Quoting strat
Did you trade this, Patrick? Demo or REAL money?

If so, how did you deal with the Hammer?
Yes, I traded it live and that is the heck of a Hammer. I was considering breakeven if price broke the Hammer. Please see my reply to Blackeagle. What do you think about my reasoning behind the trade? Thanks.
  • #8,699
  • Dec 23, 2009 11:25am Dec 23, 2009 11:25am
Quoting Spinner
different chart??

Spinner
The chart I showed is $US
15 YEARS OF PASR ON FOREX FACTORY!
  • #8,700
  • Dec 23, 2009 11:28am Dec 23, 2009 11:28am
Quoting patrick25
Yes, I traded it live and that is the heck of a Hammer. I was considering breakeven if price broke the Hammer. Please see my reply to Blackeagle. What do you think about my reasoning behind the trade? Thanks.
If it was against the BOSS then it was a counter trend trade which are always higher risk.
15 YEARS OF PASR ON FOREX FACTORY!
24 traders viewing now