Strat's Long Term Stress Free Trading

Soso,

Are you tired to see all that advance PA while you're on The Path? Sign up for a real account with FxPro. FxPro the best BASIC PA in the world!

Why you have to see beyond the candles while everyone else gets all those nice shooting stars at resistance? Get a FxPro real account now for the best PA in the world!

Once again the planets didn't align for you huh? While everybody else had PASR + Fib + MAs + DSRI? Feel that stress building up? Get a real account and all that will go away...



OK, that's enough for now ...

Yo guys

have been trading short term, works but is a pain in the butt. prefer long term, and making a reasonable wage of it each month, building my cap up.

I look at yearly chart, 6 month support and resistance, and monthly support and resistance

1) read some where about big groups invest 6 monthly, october to march good months. april to sept bad months. generally. anyone can pick up more on that statement?

2) im not liking most indicators now, looking more at price action and price passing doji s

3) or only trading resistance level if are R2 or S2

Wondered if you guys got a better strat or do you kind of do the same thing?

been learning about this trench war and how to win, basically knowing hows doing what and how many. so think this is a good place to get understanding of the soldiers and man power to win.

Hello swano and welcome!

I don't know what R2 and S2 are, you mean pivot points? I thought they are for intraday trading. Anyhow, we don't use any here. Did you get a chance to read and understand The Path Of Learning?

I can assure we have the best strat around, in fact we have THE Strat !!!

Thank you!

I have been lurking lately and mostly just trying to understand trading right now. It's my busy season at work so don't have much time to post or trade.

FXpro. This broker is based in Cyprus and they only cover you for $20,000 if they go bust.

One of the larger brokers went bust in the USA a couple of years ago as they were trading as well as broking. So I does happen, even to the pro's!

I have an account with Interactive Brokers, as far as I know they do not trade in their own right. But there feed is bad so I don't use it for charts.

I do have a feed from FXCM and I have the same problem as you!

My charts very often look almost completely different to Strat's.

So Strat, if you don't mind me asking, do you just use the charting facility or do you actually have some money in there to qualify to have the Pro feed and to use the charts?

Do you know anything else about FXpro that would make me feel happier about entrusting them with my money?

I am not looking for a glowing endorsement but any helpful background would be useful.

By the way re reading the thread again and it's surprising what you miss -

Thanks

For those that don't know. Pro Real Time Charts is free for daily data:

http://www.prorealtime.com/en/

Its a great charting package and you just need to register. The free version is a more advanced version of the charting you get from IG Index and the FXCM Gold Account.

Thats sounds like an advert ...not trying to plug it... its just a great free resource.

Not been around much recently...will start posting again soon.

a couple of hours left for the candle to close, but if it stays below resistance, I think it would be a good chance to get in.

any comments?

This is the scam i got again from the supposed ex-professional forex trade AMIN
.........


Hi Oluwafemi,

I'm sending this email to everyone (thousands) on my list because I've had a lot of queries about the decisions I've made and the product in the last email.

I reckon I should clear the confusion and the surprise.

Many people are wondering why I gave up FX when it was going so well for me.

It's true. FX is a great money maker and will continue to be well into the future. It was bringing me a lot of money.

Many people (maybe you too) are wondering why I would give up something so profitable to pursue something else.

The truth is, there is nothing sinister or untoward. I didn't give up FX because it was unprofitable for me. I was making a helluva lot of money from it but in the end, it's not always about money. I know many people wont accept this but this is the truth. It's not always about money. I've made close to a million dollars with FX but there are greater things than money.

What's the point of money if you don't get time to spend it or spend time with your family or enjoy the rest of your life, not to mention devotion to other things such as religion.

I gave up this money maker because I wasn't prepared to continue sitting at the computer trading and monitoring most of the day. I would rather do a lot of work upfront and then sit back and let the money come in.

Furthermore, I found a few unethical aspects in FX when I dug deeper into it such as interest and possession - I wont discuss that here. Needless to say, this conflicts with my faith.
This is why I don't deal in FX anymore including the promotion of FX related products.

Now I'm looking into other opportunities and I've had a lot of feedback after my last email regarding different products (which I will look into). If it fits my lifestyle, I'll let everyone else on my list know about it too.

Anyhow, the product offered by Martin Burns (which I haven't tried or tested - because it doesn't fit my own lifestyle criteria), is not an FX product. It's an online way to make £15k per month and it cost £97.

xxxxxxxx

After my last email, the 20 mentoring slots he had were all gone and there were still people wanting that.
So he's agreed to extend those slots for people ordering in the next few days.

He says that he is also offering £970 of bonuses.

I've known Martin for a few years and I can vouch for his product quality.

He keeps telling me to tell you that he will PAY YOU if it doesn't work out, which is something I find highly unusual.

So if you're interested in this way of making money online, consider his final free mentoring slots with his £97 product.

This is the last I will write on the matter and I hope you I'll have something new to show you soon.

Enjoy your day,

Amin

Good evening!I personally see an oportunity on this pair.M-bear candle as SS(not closed yet)in the range of beeb from 2009.12.01.W-bear candle in higher zone of triangle and influenced by bond SS.D-after bueb candle from 2010.03.19,today bear candle as a confirmation of LH(and confirmation of swing high at 0.9150).My plan:short limit order at 0.8948,sl at 0.9045.The tp is relative,depends of PA,but i see something around 0.8722.I like the fact that big boss agree with the boss and with worker.All your opinions are good advices for me.Thank you.

Greetings to Strat, Nicola and all other "travellers", from Australia,

I am very interested in your method after wasting countless thousands of dollars an proprietary indicators, and trading losses. I made it a 2010 New year resolution not to spend another dollar on all the junk that daily fills up my email inbox.

I have gone through your thread up to page 40, and will continue till the end.

There are nuggets of wisdom on most pages, so I have taken the liberty of summarizing and recording them in an MS Word doc.

I have done some editing to remove some of the slang, and excess verbiage, and to generally make it easier to read and understand.

Please note that this was done for my own use, but in the spirit of "Traders helping other traders" I would like to post it here; and welcome any input.

I would particularly like to thank Strat for his wisdom and help.

I hope you can spare the time to keep up the great work,

Roger

Hello Igmal,

why is today's (22.03.2010) bear candle a confirmation of the swing high from 01.03.2010?

Could this BUEB be the sign that AUDUSD has decided?

Not much room until the TL, but it is the proper framework. Need to be prepared to exit if taken; others may wait until the resistance is broken.

Not sure how to actually show a quote correctly ( hope somebody can help me with this one), in post #819 Strat said:

"I am a suspicious person by nature and can't help wondering why supposedly successful traders charge fees and subscriptions."

Me too! Speaking as a sucker who has paid thousands to people who claim to be such successful traders, and who are now selling their method because of their love of teaching.

I have trawled through a lot of the threads on FF, and as far as I can see this is by far the most honest and genuine of them all.

I am suspicious too. If someone is so good at trading, why do they need to spend so much valuable time and energy selling thier method to others?

Hello HCristea!Today candle closed below 2010.03.05 candle, position with yesterday bueb and rejection from R 0.9025 ,all this make me to think at a confirmation.Maybe i'm wrong(if i do i will accept it)but i see it in this way.I think that the price has only made a backward step (and loaded)in order to continue.It is just a personal opinion.Thanx anyway.About aud/cad ,i think that the price is still inside the triangle.

Hi Horatiuhttp://cdn.forexfactory.com/images/icons/icon7.gif

I would wait for price to clear the LH (second on the left) before getting involved here.

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

Inverted Head and Shoulders on EJ.

I wont be trading it because its counter trend but the nature of the H&S makes me want to.

Strat and others what are your thoughts on this?

Another nice touch to 63.00

Hi Igmalhttp://cdn.forexfactory.com/images/icons/icon7.gif

Thanks for your posts. A suggestion with regard to your chart, could you have it with a lighter background when posting on the thread. Some traders like to print charts and the black or dark background wastes a lot of ink. Do you think you can do it?

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

Hi Craighttp://cdn.forexfactory.com/images/icons/icon7.gif

I would not get involved here unless those two highs were taken out above Y125.00), and price is still below 20, this could be a bond hammer. I would wait for opportunity to go down again.

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