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  • #14,781
  • Nov 18, 2010 8:36am Nov 18, 2010 8:36am
Quoting strat
Correct analysis except you can trade between 78 and 83 providing you know what you are doing
Thank you Strat. I guess I should have said No-Trading Zone for me, since I am not sure how to trade this kind of situations yet. Looks like now price moved up to retest the previous high, so if it breaks and then retests the break with a pasr signal, then it might give us a safe long entry. I had a buy stop entry there before, but you corrected me pointing out that the break out is not as safe as a pull back trade, so I canceled my trade and now waiting for a safer signal.
  • #14,782
  • Nov 18, 2010 9:38am Nov 18, 2010 9:38am
Quoting zzz
Thanks Alexandra. What was yesterday's signal to buy, may I ask? I did not see any. Could you post a chart please?
There was a Hammer on Nov 12 bouncing off confluence of the Strat Shadow and psycho 80.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,783
  • Nov 18, 2010 10:34am Nov 18, 2010 10:34am
Quoting strat
There was a Hammer on Nov 12 bouncing off confluence of the Strat Shadow and psycho 80.
I see, thanks. To trade this you need to see beyond the candles and I am not there yet. I read from that candle that buyers came strong, but the distance to the last HH which will probably cause trouble and the size of that candle made it non-tradable for me. I will wait for a retest after the break out.
  • #14,784
  • Nov 18, 2010 11:17am Nov 18, 2010 11:17am
Quoting vienna_wein
Could someone please help me understand why I have an attachment quota? I was trying to post a new message with an attachment, but it said that I have reached the quota. It seems that I have about 500K quota only. Is there anyway for me to change that?
Anyone there can help me with this? I can't add attachment, but there is no instruction for fixing this.
  • #14,785
  • Nov 18, 2010 11:58am Nov 18, 2010 11:58am
Quoting vienna_wein
Anyone there can help me with this? I can't add attachment, but there is no instruction for fixing this.
Maybe FF has a restriction on this. All I can suggest is contact Administration at FF.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,786
  • Nov 18, 2010 11:59am Nov 18, 2010 11:59am
Post # 14522 Page 969

One more general question:
Has this forum/ thread moved to the .com version? If so how can I get access?

Thanks
Greek Bouncer

Post # 14553 Page 971

I try to register to your forum but I can not. Please advice what I must do.

Thanks
SF73

Sorry for the late reply to these posts.

We are pleased to advise that www.stratsforextrading.com is now officially open for registration of new members.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,787
  • Nov 18, 2010 12:03pm Nov 18, 2010 12:03pm
Quoting vienna_wein
Anyone there can help me with this? I can't add attachment, but there is no instruction for fixing this.
i am thinking it is because you just started here at ff and you have restrictions regarding how much you can post. what may work if you try to make the size of the files that you are attaching smaller. i am not sure it would fix the problem right now though, but maybe it would allow you to publish more attachments next week/month.
  • #14,788
  • Nov 18, 2010 6:19pm Nov 18, 2010 6:19pm
Quoting strat
There was a Hammer on Nov 12 bouncing off confluence of the Strat Shadow and psycho 80.

ZZ That hammer (of sorts) was retested on the 16th (the day you are asking about) and, obviously, produced nice followthrough. To me, it's more of an overall chart read showing rejection of lower levels in an uptrending market, rather than an overt pattern. Look harder and see all those failed attempts to penetrate 81.30, ending in an up close on the day identified as a buy (the 16th). If you take a long view, you will see how critical that 81 level actually was. You should have had your S/R lines there from the prior consolidation. That USDJPY made new highs on that same day does not hurt the analysis either (for fans of intermarket analysis). Overall, the trade screamed out as much as any.
  • #14,789
  • Nov 18, 2010 7:49pm Nov 18, 2010 7:49pm
Wow, thank you Alexandra for a generous answer. From where I am on my trading path I can see only a part of the whole picture. I am working hard to get where you are in your vision. Thanks again.
  • #14,790
  • Nov 18, 2010 10:34pm Nov 18, 2010 10:34pm
Quoting zzz
i am thinking it is because you just started here at ff and you have restrictions regarding how much you can post. what may work if you try to make the size of the files that you are attaching smaller. i am not sure it would fix the problem right now though, but maybe it would allow you to publish more attachments next week/month.
Thanks zzz and Strat. I already contacted FF, but no reply yet. Looks like I won't be able to post charts for a while.
  • #14,791
  • Edited 10:52pm Nov 18, 2010 10:45pm | Edited 10:52pm
Update on GBPCHF:

Interesting, I can now upload a chart.

Yesterday (Nov 18) is a BUOB which penetrated the resistance around 1.5838. However, it stopped at the long term down trend line. The close actually is higher than the previous swing. I am tempted to enter a long trade above the high. Then I looked at the BOSS and saw that the down trend line acts as a very strong resistance, therefore, I decided I should wait for the down trend line to be taken out first before I consider any long trade.

Is this a good choice or did I miss a good opportunity? Thanks!
Attached Image (click to enlarge)
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  • #14,792
  • Nov 18, 2010 11:00pm Nov 18, 2010 11:00pm
Quoting Money Magnet
Yes correct, but one would need to look at one's trading plan and if those signals were at or around support and resistance, and if the Boss and big boss agreed.
Money Magnet, would you mind to tell me what are some of the signal bars (see attached chart)? I can't recognize them. Thanks.
Attached Image (click to enlarge)
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  • #14,793
  • Nov 19, 2010 12:06am Nov 19, 2010 12:06am
Today I looked at EURUSD:

Weekly BOSS:
1. Short term trend = UP
2. Immediate trend = DOWN
3. Went through support around 1.3678 but seems to have support at EMA 20 & 50.

Daily Worker:
1. Immediate trend = UP
2. Nov 17 is an inside bar which signals that the downtrend might continue. However, the BOSS 20 is also acting as a good support there. Yesterday hit the resistance around 1.3677. It looks like it is in a narrow range between 1.3677 and BOSS 20.

Immediate trend of BOSS and Worker don't align so short trade is unlikely until it breaks through the BOSS 20 and trend line below first.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot.jpg Size: 121 KB
Click to Enlarge Name: Screenshot-1.jpg Size: 99 KB
  • #14,794
  • Nov 19, 2010 3:19am Nov 19, 2010 3:19am
Quoting vienna_wein
Money Magnet, would you mind to tell me what are some of the signal bars (see attached chart)? I can't recognize them. Thanks.

Hello As stated previously for Walad, they are all Bar where one may look to enter / reenter the market, in my opinion.
the first candle you point to, is a candle of no relevance except and I highlighted it, as one may have considered a short here if only trading the worker.
Bars 2, 3 ,4 Beeb(almost), Bueb, Bueb.
  • #14,795
  • Nov 19, 2010 12:30pm Nov 19, 2010 12:30pm
Quoting vienna_wein
Update on GBPCHF:

Interesting, I can now upload a chart.

Yesterday (Nov 18) is a BUOB which penetrated the resistance around 1.5838. However, it stopped at the long term down trend line. The close actually is higher than the previous swing. I am tempted to enter a long trade above the high. Then I looked at the BOSS and saw that the down trend line acts as a very strong resistance, therefore, I decided I should wait for the down trend line to be taken out first before I consider any long trade.

Is this a good choice or did I miss a good opportunity?...
You did good - wait for a close above psycho 1.6 or watch for signs of 1.5 re-test.
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,796
  • Nov 19, 2010 12:33pm Nov 19, 2010 12:33pm
Quoting vienna_wein
Today I looked at EURUSD:

Weekly BOSS:
1. Short term trend = UP
2. Immediate trend = DOWN
3. Went through support around 1.3678 but seems to have support at EMA 20 & 50.

Daily Worker:
1. Immediate trend = UP
2. Nov 17 is an inside bar which signals that the downtrend might continue. However, the BOSS 20 is also acting as a good support there. Yesterday hit the resistance around 1.3677. It looks like it is in a narrow range between 1.3677 and BOSS 20.

Immediate trend of BOSS and Worker don't align so short trade is unlikely until it breaks through...
The Worker is confused!

Big Boss is bouncing off Resistance while the Boss is bouncing off Support.

Don't trade until they align themselves
15 YEARS OF PASR ON FOREX FACTORY!
  • #14,797
  • Nov 20, 2010 4:45am Nov 20, 2010 4:45am
I program before the client sends any funds:

http://www.mtcoding.com

Dan.
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
  • #14,798
  • Nov 21, 2010 2:25pm Nov 21, 2010 2:25pm
Quoting Money Magnet
Hello As stated previously for Walad, they are all Bar where one may look to enter / reenter the market, in my opinion.
the first candle you point to, is a candle of no relevance except and I highlighted it, as one may have considered a short here if only trading the worker.
Bars 2, 3 ,4 Beeb(almost), Bueb, Bueb.
It looks like to me that the other 2 BUEB that you mentioned are not exactly BUEB bars, but they are quite close. Do we trade this using Strat's method? By the way, I noticed that your chart doesn't seem to have the Sunday bars. Is there an option that you know can eliminate the Sunday bars? Thanks!
  • #14,799
  • Nov 21, 2010 6:40pm Nov 21, 2010 6:40pm
Quoting vienna_wein
It looks like to me that the other 2 BUEB that you mentioned are not exactly BUEB bars, but they are quite close. Do we trade this using Strat's method? By the way, I noticed that your chart doesn't seem to have the Sunday bars. Is there an option that you know can eliminate the Sunday bars? Thanks!
Some brokers have a Sunday bar and some do not. The only way to avoid them is to find a broker that does not have them.
  • #14,800
  • Nov 21, 2010 6:47pm Nov 21, 2010 6:47pm
Quoting vienna_wein
It looks like to me that the other 2 BUEB that you mentioned are not exactly BUEB bars, but they are quite close. Do we trade this using Strat's method? By the way, I noticed that your chart doesn't seem to have the Sunday bars. Is there an option that you know can eliminate the Sunday bars? Thanks!
Those learning my PASR method should NOT use Sunday bars either for entry or as part of their analysis.
15 YEARS OF PASR ON FOREX FACTORY!
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