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Strat's Long Term Stress Free Trading

  • #14,461
  • Oct 9, 2010 12:41pm Oct 9, 2010 12:41pm
Quoting strat
I have studied your USDCHF and all your charts are OK. You should adjust your support on the Worker to the close of that last red candle to reflect current Worker support

THANK YOU !!!

STAT WITH YOU .

keep going.
A chart helps those who can read it.
  • #14,462
  • Oct 9, 2010 1:36pm Oct 9, 2010 1:36pm
Quoting strat
I have studied your USDCHF and all your charts are OK. You should adjust your support on the Worker to the close of that last red candle to reflect current Worker support
GREAT,strat. you have bright eyes.i just do not find the PA here. thank you for your recommendation..

i think i should read the chart more attentive and more smart.i have a long way to go.........
Attached Image (click to enlarge)
Click to Enlarge Name: uchf.gif Size: 17 KB
A chart helps those who can read it.
  • #14,463
  • Oct 9, 2010 2:14pm Oct 9, 2010 2:14pm
@geniusztc, you have an interesting color scheme. Usually red is for bearish candles and green for for bullish. Any reason why you switch them?
  • #14,464
  • Oct 9, 2010 2:17pm Oct 9, 2010 2:17pm
Hello to all here!
I have been away for a long time now because i had some majors changes in my
personal life, good and bad. I was planning to write a lot but i'm a lowtyper and i don't
want to take precius space from this excellent thread.

I start learn about forex about 2 years ago just at the start of the ''crisis''.( bad luck).
Trying to find a job or an income online,spend about 2000$ for systems, indicators......

Thanks to my self-preservation instinct ( before meet Strat's rule for capital preservation )
i have pull out 2 live small trading accounts at 25% loss .

Spend hours of reading and searcing online people with knowlege or not about trading
keep saying that is 60% - 70% psychology, then MM and the least the system.

At FF and other forums the majority of the posts was about entry points, signals......
but not psychology which holds the most of '' the grail''. At that moment the light
came to me. Why not start opposite than the crowd? Pros say all the time that you have to be at the other side of the crowd and with alot of capital of course.

To cut it a little bit i have read a few OLD books with the quidance of another greater
personality i met here in FF. Attached are two small one's of him to read about.
I'm not promoting just want to share.

I have make my studies on the charts but also to the little people and i'm ready to
make SLOW but steady steps .I know is hard to mess with the litlle people but i have
make my plan to fight them till death!

I think that's enough for now as is getting long.
Trying to do something that you aren't prepared of and you burn!!
The first piece of the puzzle is at "Think and grow Rich'','' The Richest Man in Babylon''.

I would like to thanks Strat for his patience and true method that teach here, it will be
shame to loose you.

Thanks a lot
John
Attached File(s)
File Type: pdf Get_Anything_You_Want.pdf   115 KB | 1,085 downloads
File Type: pdf I_Explain_Everything.pdf   200 KB | 2,412 downloads
  • #14,465
  • Oct 9, 2010 5:25pm Oct 9, 2010 5:25pm
Hello again,

Obviously I haven't finished reading, but I drew the long term SR lines on USDCHF, just to see how you guys think they look, if there are too many etc...

Magenta - Monthly lines
Aqua - Weekly lines
Orange - Daily lines

Kindest Regards,

Cam
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf monthly.png Size: 49 KB
  • #14,466
  • Oct 9, 2010 8:08pm Oct 9, 2010 8:08pm
Quoting cameron1st
Hello again,

Obviously I haven't finished reading, but I drew the long term SR lines on USDCHF, just to see how you guys think they look, if there are too many etc...

Magenta - Monthly lines
Aqua - Weekly lines
Orange - Daily lines

Kindest Regards,

Cam
Hey Cam,

You do have too many lines on your chart try to look for the ones that have the most touches as both S and R.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf10092010.jpg Size: 117 KB
  • #14,467
  • Oct 9, 2010 8:26pm Oct 9, 2010 8:26pm
Quoting CrudeCraig
Hey Cam,

You do have too many lines on your chart try to look for the ones that have the most touches as both S and R.
Thank you Craig, feedback much appreciated.
  • #14,468
  • Oct 9, 2010 8:57pm Oct 9, 2010 8:57pm
I like this guy's charts..........NOT.
Does anybody see a chart there?
Attached Image
  • #14,469
  • Oct 10, 2010 12:09am Oct 10, 2010 12:09am
Quoting hcristea
@geniusztc, you have an interesting color scheme. Usually red is for bearish candles and green for for bullish. Any reason why you switch them?
hello，hcristea.
it is just custom.i am from CHINA. and in chinese culture,red is a happy colour. but i think it is not a big problem, you can understand my chart,cannot you ?

good luck.
A chart helps those who can read it.
  • #14,470
  • Oct 10, 2010 12:28am Oct 10, 2010 12:28am
Quoting CrudeCraig
Hey Cam,

You do have too many lines on your chart try to look for the ones that have the most touches as both S and R.
hello,crude and everyone

as we all know,SR is NOT ACCURATE lines. but i am try to draw them more useful: should we draw the line in the low or high price of the low of high candle? or should we just draw the line in the close price of the low or high candle? confused i see your SR are in the close price. can you give some advice ??

thank you
A chart helps those who can read it.
  • #14,471
  • Oct 10, 2010 1:46am Oct 10, 2010 1:46am
Thanks for all the lessons Strat. I appreciate them and all your thread participants. I've learned from all of you. Spinner, a fool is a fool that doesn't know he's a fool :-) Alexandra, thanks for the direction :-) No hard feelings Marcus. All the best, everyone. Take care.
T
  • #14,472
  • Oct 10, 2010 4:03am Oct 10, 2010 4:03am
Quoting tradestar1
I like this guy's charts..........NOT.
Does anybody see a chart there?
I'm blind ! Even the long term SR lines are too much for me, but I want to try this method so playing by the rules :-)
  • #14,473
  • Oct 10, 2010 7:01am Oct 10, 2010 7:01am
Hi Strat and Co

It has been awhile since I last posted on this thread (about 300 pages back). Since then I have been studying and trying to understand the PASR method and not ask many questions that I know may have been answered throughout the thread already. I am only about 200 pages into the thread slowly studying and trying to understand every single post/chart and not flash read like what Strat has been repeating over and over.

Before I ask my question I want to personally thank Strat for starting this incredible thread, sharing his knowledge with everyone and everyone else who has contributed greatly to the thread. It has made my learning very enjoyable.

As of late I have been trying to fine tune my charts even more to see what would work best. A few post have been brought up in relations to S & R. So I though I would try to sneak in a questions to help shed some light on my learning path. But I totally understand if Strat and others believe its been answered already on the thread and ask me to keep reading through.

I have attached my two example charts of GBP/USD for consideration. First one was my first attempt at placing some meaningful SR levels and my second one was a revised version of SR levels. A much cleaner version. (criticism is much appreciated and welcomed)

My understanding so far with SR levels is that you would place less SR levels depending on style of trading if you choose to pursue ( ie trend, Swing)

or place a few extra SR lines found from the worker/boss if you would like to trade choppier areas and more swings?

So my question - Is my understanding incorrect? From PASR methods perspective which one of my charts would be more in line with Strats teaching. I am currently thinking the second one. or I am currenly way out on the left field

I look forward to the future of the thread/website and hopefully later to be able to give back by contributing to the thread.

Regards
Clayton
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 32 KB
Click to Enlarge Name: gbpusd v2.gif Size: 32 KB
  • #14,474
  • Oct 10, 2010 8:51am Oct 10, 2010 8:51am
Quoting geniusztc
hello，hcristea.
it is just custom.i am from CHINA. and in chinese culture,red is a happy colour. but i think it is not a big problem, you can understand my chart,cannot you ?
Of course, no problem.
  • #14,475
  • Oct 10, 2010 9:56am Oct 10, 2010 9:56am
Quoting Epsilo
Just a quick remark.
It's very interesting that the 2 small ebooks i have attached before has almost 900 hits
in very few hours BUT the second part and 30 something the first.

PEOPLE LIKE SORTCUTS!!!
Maybe they are muslims and read and write the opposite(no offence) or looking straight
for anwsers to find the questions.Interesting techique, but i would like to remind everyone
here including me also that the first letter of the alphabet is A.

Thanks
John
No, its not that - people, especially the lurkers, parasites, thread hoppers, free lunchers LOVE everything and anything they can get for FREE.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,476
  • Oct 10, 2010 10:02am Oct 10, 2010 10:02am
Quoting strat
No, its not that - people, especially the lurkers, parasites, thread hoppers, free lunchers LOVE everything and anything they can get for FREE.
You'll put an end to that soon Oh wait you are in the under eval section. Zing!
  • #14,477
  • Oct 10, 2010 10:05am Oct 10, 2010 10:05am
Quoting tradestar1
I like this guy's charts..........NOT.
Does anybody see a chart there?
This guy's brain must be fried!

Imagine the confusion going on in his tiny little mind when it comes to making a trading decision!

This one says nothing, this one says buy, this one says overbought, this one says not yet, this one says too late, this one says ''what?''

Then of course, the REAL information, PRICE, is nowhere to be seen!

But he is NEEDED - for liquidity.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,478
  • Oct 10, 2010 10:08am Oct 10, 2010 10:08am
Quoting geniusztc
hello，hcristea.
it is just custom.i am from CHINA. and in chinese culture,red is a happy colour. but i think it is not a big problem, you can understand my chart,cannot you ?

good luck.
Happy 10 - 10 - 10 - something else lucky for the Chinese.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,479
  • Oct 10, 2010 10:16am Oct 10, 2010 10:16am
Quoting Sydney-sider
Hi Strat and Co

It has been awhile since I last posted on this thread (about 300 pages back). Since then I have been studying and trying to understand the PASR method and not ask many questions that I know may have been answered throughout the thread already. I am only about 200 pages into the thread slowly studying and trying to understand every single post/chart and not flash read like what Strat has been repeating over and over.

Before I ask my question I want to personally thank Strat for starting this incredible thread, sharing his knowledge...
If you are on The Path of Learning, you should be learning basic PASR which is trading from S to 1st R and R to 1st S. Learn to do that profitably and consistently FIRST before even thinking about swing and position trading.

Expect this to take about a year (depending on your ability). Students who thought they had mastered this in a few months soon found out they had not mastered it when attempting trend trading.

Learn to crawl before attempting walking
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,480
  • Oct 10, 2010 10:49am Oct 10, 2010 10:49am
Quoting strat
Happy 10 - 10 - 10 - something else lucky for the Chinese.
lol...strat is an old china hand. yes ,today is a happy day in china.there many weddings today.
hope tomorrow is also a happy day .
hope everyday is a happy day.
A chart helps those who can read it.
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