Strat's Long Term Stress Free Trading | Page 527 | 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

  • #10,521
  • Mar 9, 2010 1:34pm Mar 9, 2010 1:34pm
Quoting mstandifer
A continuation of a good opportunity coming up I believe

AUDNZD Monthly trend is up....
This seems to be an exception to my belief that signals would be the same even in different brokers. Broco doesn't seem to have a candle for Sundays and lo, look at the different spikes we get!

And then in Oanda, opposing dojis !

Spinner
Attached Image(s) (click to enlarge)
Click to Enlarge Name: a_n_tuesday.png Size: 63 KB
Click to Enlarge Name: oanda_a_n.png Size: 160 KB
Spinner 'Tis in the Waiting.....
  • #10,522
  • Mar 9, 2010 1:42pm Mar 9, 2010 1:42pm
Quoting Spinner
This seems to be an exception to my belief that signals would be the same even in different brokers. Broco doesn't seem to have a candle for Sundays and lo, look at the different spikes we get!

And then in Oanda, opposing dojis !

Spinner
The very reason I finally just picked a broker that had what I thought were the best overall candles and never looked back!
  • #10,523
  • Mar 9, 2010 1:51pm Mar 9, 2010 1:51pm
Amazing what perspective does. Only a question of TIME.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd big picture.gif Size: 37 KB
Click to Enlarge Name: eurusd small picture.gif Size: 33 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,524
  • Mar 9, 2010 2:07pm Mar 9, 2010 2:07pm
Quoting strat
Our Ryan wanted to know how to trade 2 lots on his penny stock trading so I did this example for him and thought I would post here as well.

Place...
I totaly disagree here,putting two lots at the begining of the trade.Two lots could be quite costly if a trade doesn't go your way.You may be just filled and taken out before you notice...The market have to prove your position right before adding to a position not othewise...
  • #10,525
  • Mar 9, 2010 2:13pm Mar 9, 2010 2:13pm
Quoting kratun
I totaly disagree here,putting two lots at the begining of the trade.Two lots could be quite costly if a trade doesn't go your way.You may be just filled and taken out before you notice...The market have to prove your position right before adding to a position not othewise...
DUH! That's why we have MM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,526
  • Mar 9, 2010 2:17pm Mar 9, 2010 2:17pm
Quoting strat
DUH! That's why we have MM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Lol.

Kratun, you would simply half your position size to each lot. Your risk would remain constant. There's an argument against this in terms of risk vs reward ratio when scaling out of a position, but your original risk strategy need not change at all.
  • #10,527
  • Mar 9, 2010 2:29pm Mar 9, 2010 2:29pm
Quoting mstandifer
Certainly not....
Tell me if I have this part straight:

-True hammers and shooting stars can be signal bars all by themselves (at SR of course) and you can enter appropriate orders above or below them to put on the trade.

-Some bond hammers and shooting stars can be signal bars all by themselves at SR but some might require accompanying PA depending on location and shape.

-Doji's must have accompanying PA before entering the trade

Is that right or wrong?

Also, if Dr. Joe says it's still going up, how do I need to be considering that in conjunction with price nearing an all time high?



I can feel the heat from here Marcus! Maybe you need to go stand outside and melt some snow!

Frustration is what trading is REALLY GOOD at.

Hey, I’m only the messenger boy – I’m not PRICE!

Have you forgotten that NOTHING in trading is perfect?

PASR is not perfect and neither are, and never will be, any other systems, methods, programs, software, neural logic etc., etc., as long as human beings are trading.

PASR is the nearest and closest we can get to the actual traders (buyers and sellers) doing the actual trading.

Yes, you have it straight and right. However, add a dose of “Seeing beyond the candles” and you have it as right as it will ever get.

Dr. Joe never used PASR. After leaving the CME Pits, he threw out everything technical he had or knew EXCEPT volume.

He had no time or respect for TLs, SRs, highs and lows of any description. He developed a “feel” for the market based on knowing what the whores in the Pits were doing.

As long as PRICE was still going from bottom left to top right and he could “see” the buyers buying, he would buy.

He never got out at the top and he never got out at the bottom, in fact he was always wrong at the extremes.

He could afford this as he was always “fat, happy and fully loaded” at the extremes and what he lost at the extremes was a very small percentage of his profit.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,528
  • Mar 9, 2010 2:33pm Mar 9, 2010 2:33pm
Sorry folks cudn't resist it.


http://www.forextorpedo.com/?hop=nashmp

and then the pearl of wisdom.

Spinner
Attached Image
Spinner 'Tis in the Waiting.....
  • #10,529
  • Mar 9, 2010 2:37pm Mar 9, 2010 2:37pm
The lurker should go to the lurkers .Thanks! wish you all the best
  • #10,530
  • Mar 9, 2010 3:22pm Mar 9, 2010 3:22pm
Quoting Spinner
Sorry folks cudn't resist it.


http://www.forextorpedo.com/?hop=nashmp

and then the pearl of wisdom.

Spinner
So that’s what a snake oil salesman looks like.

Didn’t he used to be a Used Car Salesman in the East End?

$2065 losing trade - on a $5,000 account - THIS is the way to make $1million (start out with $5million and end up with $1million - if you're lucky)

Notice how the carrot is the $ amount – NOT the pip count.

He says he is the Head of ForexTradingSolutions.com so I pull up the website and get:

Jackie Tee,

FOREX Trader and Investor

6013 772 7798 (Malaysia)

[email protected]


who is selling another Robot called:

FOREX ATM


FOREX AUTOMATED TRADING MACHINE




Hopefully the lurkers will fall for this – seems like they were made for each other!


Thanks for the laugh, Spinner.
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,531
  • Mar 9, 2010 4:32pm Mar 9, 2010 4:32pm
Quoting strat
I can feel the heat from here Marcus! Maybe you need to go stand outside and melt some snow!

Frustration is what trading is REALLY GOOD at.
Amen to that. I would guess that frustration also belongs to the 95%.

Ok, I've got that all out of my system now. There's just no substitute for experience is there?
  • #10,532
  • Mar 9, 2010 4:35pm Mar 9, 2010 4:35pm
Quoting Spinner
http://www.forextorpedo.com/?hop=nashmp
That was pretty damn funny, Spinner. I needed a good laugh today.

That ad should say, "Let me torpedo the hell out of your ship while I take the lifeboat"

-m
  • #10,533
  • Mar 9, 2010 5:12pm Mar 9, 2010 5:12pm
Well, here we are again. Will support hold for more range trading or……………?

Be careful with USDCAD – for some reason it likes to put in false starts, so, if history repeats itself…………………..
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 40 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,534
  • Mar 9, 2010 5:15pm Mar 9, 2010 5:15pm
I can't for the life of me figure out what is holding EURUSD up and USDCHF down.

Let's see what the next few days' news brings
15 YEARS OF PASR ON FOREX FACTORY!
  • #10,535
  • Mar 9, 2010 6:20pm Mar 9, 2010 6:20pm
consolidation....right.....?

Quoting strat
I can't for the life of me figure out what is holding EURUSD up and USDCHF down.

Let's see what the next few days' news brings
Annoying Precision
  • #10,536
  • Mar 9, 2010 6:39pm Mar 9, 2010 6:39pm
Quoting mstandifer
That was pretty damn funny, Spinner. I needed a good laugh today.

That ad should say, "Let me torpedo the hell out of your ship while I take the lifeboat"

-m
The picture has a statement that reads:
" Blast your profits out of the water ". What?!

If profits are torpedoed.. don't they .... well.... SINK !
  • #10,537
  • Mar 9, 2010 9:15pm Mar 9, 2010 9:15pm
Quoting strat
I can't for the life of me figure out what is holding EURUSD up and USDCHF down.

Let's see what the next few days' news brings
Hi Strathttp://cdn.forexfactory.com/images/icons/icon7.gif

These pairs has been going sideways since February and by now I thought the big boys would have made their minds which way to go, but it is just a waiting game. I can imagine that many are burning to have a go but there is nothing happening here. Quite dull but helping to learn more.

Happy tradinghttp://cdn.forexfactory.com/images/icons/icon14.gif
Jideck
  • #10,538
  • Mar 9, 2010 9:47pm Mar 9, 2010 9:47pm
Quoting Jideck
Hi Strathttp://cdn.forexfactory.com/images/icons/icon7.gif

These pairs has been going sideways since February and by now I thought the big boys would have made their minds which way to go, but it is just a waiting game. I can imagine that many are burning to have a go but there is nothing happening here. Quite dull but helping to learn more.

Happy tradinghttp://cdn.forexfactory.com/images/icons/icon14.gif
Jideck

Looks like a big TRAP to me! Someone has to take the other side of all the big boys orders when they figure out which way they want to take it.
  • #10,539
  • Mar 9, 2010 10:15pm Mar 9, 2010 10:15pm
Quoting mstandifer
A continuation of a good opportunity coming up I believe

AUDNZD Monthly trend is up....
MS and Strat, our resistances correspond at 1.2800...I don't have anything on my chart until 1.3600. I guess I will let my skill or lack thereof determine my fate. But I guess what I am saying is based on my study of the chart a pullback to 1.2800-1.2850 wouldn't invalidate the chart's PA.

Good luck.
  • #10,540
  • Mar 10, 2010 12:11am Mar 10, 2010 12:11am
[quote=strat;3535256]Our Ryan wanted to know how to trade 2 lots on his penny stock trading so I did this example for him and thought I would post here as well.

With each Hh & HL it is so easy to see the momentum slowing.
Or I'd say we are pulling into the station.
22 traders viewing now