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  • #15,081
  • Jan 7, 2011 3:57pm Jan 7, 2011 3:57pm
Finally caught you NEGATIVE NELLIES and DESTRUCTIVE DIPSIES OUT! What are you talking about, caught us out?? Stewrigh was 100% correct, in calling out that trade. On this thread, it's just a hindsight trade! It serves no purpose for traders looking to learn, and inevitably invites suspicion.

Crude Craig's EURUSD trade posted above was POSTED in his LIVE TRADING JOURNAL on www.stratsforextrading.com WHEN he PLACED the trade for all to see! So what?? We're not talking about what was posted on your private site, we're talking about what was posted on this thread. On here, it's a hindsight trade. End of story. If you say he posted it live, then i'll take you at your word. Still doesn't alter the perception on this thread.

This can be confirmed by all the subscribers on here who ALSO can SEE it. Completely moot point- this is the public thread. Any traders viewing the thread who are not subscribers to your commercial site, can only see the same info and posts as Stewrigh and I.

Why don't YOU put YOUR money where your MOUTH is and subscribe then you TOO can trade in an HONEST environment instead of ego filled forums?
Whilst i agree that public forums are full of twats with huge egos, you have completely missed the point.
Your subscribers posting half assed trades after the event are pointless, and rightly deserve any comments.Whether they were posted live on another site is immaterial. Your attempts to run both forums alongside each other is fraught with problems, as this matter has shown.
2 questions:
1. What do you charge for the private site, is it a monthly subscription, or a one off lifetime payment? And how much?
2. Why not offer a 5 day free trial, as most commercial sites do, which would give traders an opportunity to evaluate your site, and decide whether to continue with a subscription.


[/quote]
  • #15,082
  • Jan 8, 2011 2:30am Jan 8, 2011 2:30am
Quoting w buffet jnr
[size=2]Finally caught you NEGATIVE NELLIES and DESTRUCTIVE DIPSIES OUT![color=black]...
[/quote]


Exactly so.

This thread is obviously the hook to get the sheeple to subscribe to the pay site and that fact is becoming increasingly obvious in the deterioration of the content and quality of the posts.

This used to be one of the best threads on FF but now it's just a free commercial for Strats pay site.

It's a sad indictment of FF but it seems to hapen so many times(Jacko, Racf and Strat) Even J16, but at least his thread is still educational.

Makes me wonder if these guys are actually trading or just taking the subs.
  • #15,083
  • Edited 3:25am Jan 8, 2011 3:13am | Edited 3:25am
All I have to say with regard to all the nonsense posted recently:

Attached Image



Now, can we all just get back to PA please?

(and PA before, during or after the event - I don't care - It's all fine by me, so thanks to those who are posting it!)

cheers
  • #15,084
  • Jan 8, 2011 3:22am Jan 8, 2011 3:22am
Quoting patrick25
I am trailing the second position just in case, but have take TP set @ next support.
Thanks for posting Patrick. Pleased to say, I took this one too (apologies to anyone offended by my posting after the event but the thread isn't meant to be a signal-service, after all).
Have taken profit on one position and looking for PA to exit the second.
Attached Image
  • #15,085
  • Jan 8, 2011 3:59am Jan 8, 2011 3:59am
Quoting trogger
Thanks for posting Patrick. Pleased to say, I took this one too (apologies to anyone offended by my posting after the event but the thread isn't meant to be a signal-service, after all).
Have taken profit on one position and looking for PA to exit the second.Attachment
I will move my second position trailing SL above the last candle just in case of retracement. That candle is telling you to lock in your profit. My last position will remain @ BE to see how far it retraces. Yes Trogger there are a lot information to learn from a hindsight chart. People just have to have an open mind. That hindsight chart will happen again and again. To trade that hindsight chart, a trader has to have a mind set for long tail. If a trader is just in for 100 to 200 pips, he will always see that chart in hindsight.
  • #15,086
  • Jan 8, 2011 5:12am Jan 8, 2011 5:12am
Quoting trogger
All I have to say with regard to all the nonsense posted recently:

Attachment


Now, can we all just get back to PA please?

(and PA before, during or after the event - I don't care - It's all fine by me, so thanks to those who are posting it!)

cheers
No probs just keep paying the subs.
  • #15,087
  • Jan 8, 2011 12:14pm Jan 8, 2011 12:14pm
Quoting patrick25
The same way of analysis the trade from a few posts back. Will see how the trade work out.
Patrick, why didn't you take the trade below the Strat Shadow below the BEEB on Jan 4?
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,088
  • Jan 8, 2011 2:38pm Jan 8, 2011 2:38pm
Looks like heading for 163. All the TFs are down but stop will be big due to swing is far away on worker but I know how to minimize it (the benefit of being on Startsforextrading.com)
Attached Image (click to enlarge)
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  • #15,089
  • Jan 8, 2011 5:37pm Jan 8, 2011 5:37pm
Quoting strat
Patrick, why didn't you take the trade below the Strat Shadow below the BEEB on Jan 4?
Because I am still a baby PASR trader Strat. Thanks for continue giving out hints to improve my trades.
  • #15,090
  • Jan 8, 2011 6:17pm Jan 8, 2011 6:17pm
Quoting stewrigh
This used to be one of the best threads on FF but now it's just a free commercial for Strats pay site.
This thread is about basic PASR. Just ask your questions and I'm sure Strat will answer.

This thread has already 1000 pages and it covers all about basic PASR. Now its all about the interaction of the students & Strat.
  • #15,091
  • Edited Jan 9, 2011 11:12am Jan 8, 2011 8:56pm | Edited Jan 9, 2011 11:12am
I am following this thread for few months. This is my first post. I have tried this method but did not become successful yet. So I am reading the basics again and trying to understand it better. I did not understand why Patrick should have taken the BEEB on Jan 4. Wasn't Boss fighting with BigBoss? I am sorry for asking this basic question on page 1006.

Quoting strat
Patrick, why didn't you take the trade below the Strat Shadow below the BEEB on Jan 4?
  • #15,092
  • Jan 9, 2011 7:56pm Jan 9, 2011 7:56pm
Quoting cranjoh
I am following this thread for few months. This is my first post. I have tried this method but did not become successful yet. So I am reading the basics again and trying to understand it better. I did not understand why Patrick should have taken the BEEB on Jan 4. Wasn't Boss fighting with BigBoss? I am sorry for asking this basic question on page 1006.
Hello Cranjoh and welcome to the thread.
Hopefully Strat will give you an answer but I will make my own attempt here.

First the monthly: It is obvious that we have been in a long-term down trend from the Dec 2008 peak. I have drawn on it what I believe to be the DSRI line (see around page 314 of this thread). I have also drawn on it a horizontal line through approx 86.80.(this should be regarded as an area, or zone - not accurate to the pip)
Note the number of tests of this area, with the most recent SS in Oct opening and closing around this figure.November's large BEEB was followed by December's Bull bar which was only a retracement and failed to break November's open. In summary, the Monthly picture at the end of December is Bearish (including December's bar).
Attached Image


Weekly shows a series of LH and LL through to end of October. A low is formed at the end of November with a rather nice hammer. We do not achieve a LL and price heads up during December's retracement. Our DSR line off the monthly chart and our horizontal SR are both approached by price at the end of December but are not not breached, and price turns down again in the first week of Jan.
Attached Image


Daily.Shows in detail PA around the DSR and horizontal SR line - A double top forms right on the monthly DSR line on 31Dec and 3Jan followed by the Jan4 BEEB that Strat refers to as the signal to short. This bar (jan4) closes just above the strat shadow and the converging MA's.

So, in summary, no conflict between the time frames. Two year DSR down. Appropriate PA on the daily at the DSR and horizontal support/ resistance.
Everything screams "short" really.
Attached Image


Maybe someone else can supply a list of reasons not to take this trade?
(I didn't take it, partly because Alexandra was bullish in recent posts)
  • #15,093
  • Jan 9, 2011 8:59pm Jan 9, 2011 8:59pm
[quote=patrick25;4270318]
Quoting trogger

Don't underestimate our EMAs where their relation to SR and price. This is where we are waiting (notice I don't say looking for) trade setup with everything line up. I am wait for price to have a strong close above 50ema and 8600 + R before longing that way we will have 20&50 with us on Worker. As you can see, waiting is the best option for now or have a open mind for what if it countinues down. Boss has not made HH yet and 20&50 not crossed and we don't have a confirm HL yet as this time.
Hi Cranjoh,

Trogger has given very good detail analysis. Here is the post I posted at that momment in time. Here a hint, go back in history of the chart of monthly, weekly, daily, notice how PASR to our 20&50 ema. If you look at them in enough, you will notice the patterns. When you notice the patterns, they are yours nobody can take it away from you. Then use PASR on Worker to time your entry. It will take time and you have to use all the tools you have, then like Strat says everything lines up, take the trade. It's only money.
  • #15,094
  • Jan 9, 2011 11:36pm Jan 9, 2011 11:36pm
Quoting trogger
Maybe someone else can supply a list of reasons not to take this trade?
(I didn't take it, partly because Alexandra was bullish in recent posts)

Short List:
Attached Image (click to enlarge)
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  • #15,095
  • Jan 9, 2011 11:47pm Jan 9, 2011 11:47pm
Quoting trogger

Maybe someone else can supply a list of reasons not to take this trade?
(I didn't take it, partly because Alexandra was bullish in recent posts)
When price moves very far from the EMAs, as it has done after those 3 very bearish bars, dropping about 240 pips, you can expect a "bungee" or "rubber band" effect rally, to take price back up to the vicinity of the EMAs before the down move resumes.

Check your charts, bungee rallies and pullbacks occur all the time. Look at what happened on your chart after the 11 and 30 November bars.

Another point is that there is no PA at the moment, if you intend to trade PASR.

Thirdly, if you place your stop loss above the most recent swing high, which is the placement most recommended by Strat, your trade risk will be about 360 pips; very big indeed.

I am watching this pair also, but will not enter until price rallies back up near the EMAs, and there are the elements of a PASR trade, with reasonable risk.
"Make everything as simple as possible, but not simpler" Albert Einstein
  • #15,096
  • Jan 10, 2011 5:49am Jan 10, 2011 5:49am
Hi Strat,

Couldn't find an email address so hope you would forgive an off-subject post.

Did we meet at the Revolution or the Speakeasy.

I was always more enthusiastic than good.

School band at Finsbury Park Empire on Saturday morning.

Was there …

 

  1. Ike and Tina at the Hammersmith Odeon.
  2. THE Tommy at Finsbury Park Empire.
  3. All Zeppelins and Cream at Albert Hall.
  4. On the roof at 3 Saville Row.


Wonderful time to be a kid.

I started with a Hofner Club 40 and ended with a Rickenbacker Capri, gift from Saville Row.

Broken hearted when I couldn’t play claw hammer banjo like in Deliverance and gave up.

Still got an original Applause and the neck is still good.

But little music since my daughter became deaf.

You still performing?

Andrew

Attached Image
  • #15,097
  • Jan 10, 2011 9:15am Jan 10, 2011 9:15am
Quoting trogger
Hello Cranjoh and welcome to the thread.
Hopefully Strat will give you an answer but I will make my own attempt here.

First the monthly: It is obvious that we have been in a long-term down trend from the Dec 2008 peak. I have drawn on it what I believe to be the DSRI line (see around page 314 of this thread). I have also drawn on it a horizontal line through approx 86.80.(this should be regarded as an area, or zone...
Thank you, Trogger. This is an excellent explanation.

I didn't trade it because my cycles are screwed up across all time frames but mainly because I'm waiting a resolution of the Big Boss wedge.
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,098
  • Jan 10, 2011 1:15pm Jan 10, 2011 1:15pm
Thanks Trogger, Patrick25, Alexandra, No1Optimist and Strat for responding my question. Trogger really explained in details.

I had that DSRI on my chart but I thought there was confirmed swing on weekly chart. As Patrick25 gave me a hint, I need to study the pattern of PASR on EMA 20 and 50.

Quoting strat
Thank you, Trogger. This is an excellent explanation.

I didn't trade it because my cycles are screwed up across all time frames but mainly because I'm waiting a resolution of the Big Boss wedge.
  • #15,099
  • Edited 5:02pm Jan 10, 2011 4:44pm | Edited 5:02pm
Hi all,

I noticed Patrick mention the 20&50 ema, is the 50 not still an sma

Still studying,
Poncho
" I can read the left side of the chart, the right side's a Bitch!
  • #15,100
  • Jan 10, 2011 6:12pm Jan 10, 2011 6:12pm
Quoting poncho1
Hi all,

I noticed Patrick mention the 20&50 ema, is the 50 not still an sma

Still studying,
Poncho
Sleepy - You must have been sleeping for a long time!
15 YEARS OF PASR ON FOREX FACTORY!
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