Strat's Long Term Stress Free Trading | Page 770 | 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

  • #15,381
  • Edited 3:07am Apr 5, 2011 2:45am | Edited 3:07am
Quoting trogger
Hi team.
Been kinda busy.
Had I got the time to post this when I first thought to, title seemed appropriate inasmuch as she hasn't been too keen on revealing too much of her topside lately.

Now its 4 times.
I shorted yesterday's topside failure on the shorter time frames.(No, not strictly in accordance with this thread) Stop is pretty obvious. Target open.
Regards to all.Attachment
PS: Check the weekly and the long term (20year) chart.
"Be Mine Tonight
Tomorrow will be too late..."

Now, That DON'T mean anyone should be JUMPING in now!!

It means: either she breaks Tonight (I'm in NZ and the London pm session/US session is nighttime here!) or..

Patrick really will be loading the freight wagons for the trip back North!!

Attached Image (click to enlarge)
Click to Enlarge Name: aud.nz.d.gif Size: 12 KB
Attached Image (click to enlarge)
Click to Enlarge Name: aud.nz.w.gif Size: 13 KB
Attached Image (click to enlarge)
Click to Enlarge Name: aud.nz.m.gif Size: 12 KB
  • #15,382
  • Apr 5, 2011 4:26am Apr 5, 2011 4:26am
Quoting strat
EURUSD
"Its been three years since Im knockin on your door,
And I still can knock some more:
Ooh girl, ooh girl, is it feasible?"

This one should resolve a little quicker

Attached Image (click to enlarge)
Click to Enlarge Name: eud.cad.m.gif Size: 12 KB




:
  • #15,383
  • Apr 5, 2011 5:02am Apr 5, 2011 5:02am
Quoting trogger
"Its been three years since Im knockin on your door,
And I still can knock some more:
Ooh girl, ooh girl, is it feasible?"

This one should resolve a little quicker

Attachment



:
the down trend line ,isn't it a PA to short ? why did you have a long position ?
A chart helps those who can read it.
  • #15,384
  • Apr 5, 2011 8:35am Apr 5, 2011 8:35am
Quoting bjpumping
hello house, i took a long on eurusd since yesterday and a short on audnzd. reason for my long on eurusd is because monthly is bullish and last week candle is also bullish,infact a bullish candle aster last 2 weeks bear candle plus last friday ended with the bulls taking over after the NFP news,though i am in negative now but i am still watching the trade for now.

i took the audnzd short cos last month was a long doji so to say,last 3 weeks and last 2 weeks candle were both doji's and last week ended with the sellers taking over hence my reason...
EURUSD - all 3 time frames were at RESISTANCE and you bought?

AUDNZD - OK down to support and then its back into the trend
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,385
  • Apr 5, 2011 8:37am Apr 5, 2011 8:37am
Quoting trogger
"Its been three years since Im knockin on your door,
And I still can knock some more:
Ooh girl, ooh girl, is it feasible?"

This one should resolve a little quicker

Attachment



:
Why should this resolve quicker? There is conflict across all 3 time frames
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,386
  • Apr 6, 2011 3:30am Apr 6, 2011 3:30am
i am a bit confused about your comment,are you trying to talk rudely at me,or are you just putting up some joke or may be i just dont get what you are saying and why bpJUMPING? i hope you ll say something before i say whats on my mind.I have very few posts on this thread and sometimes when i post a comment, i do ask the house to comment on it as well,if you will comment on my trades, i feel it should be for correction and something that will help rather than taking my name and making it a laughing stock.i hope you ll drop a comment on my comment then i will tell you whats on my mind.I am sure we are not on this thread to be abusive
  • #15,387
  • Apr 6, 2011 3:33am Apr 6, 2011 3:33am
thanks for your comment strat.i have attached my weekly and monthly EURUSD with this comment and my nearest resistance on my chart is at 1.45586.The monthly and weekly were actually my guide into taking the long i took, i am in positive on the trade now but the day is not over yet. thanks for your comment again.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd weekly chart 06042011.gif Size: 21 KB
Click to Enlarge Name: eurusd monthly chart 06042011.gif Size: 20 KB
  • #15,388
  • Apr 6, 2011 12:26pm Apr 6, 2011 12:26pm
Quoting bjpumping
thanks for your comment strat.i have attached my weekly and monthly EURUSD with this comment and my nearest resistance on my chart is at 1.45586.The monthly and weekly were actually my guide into taking the long i took, i am in positive on the trade now but the day is not over yet. thanks for your comment again.
As Strat said Eurusd is at resistance, if you are already in fat profit and playing with market money than you can trade. To intial a trade at resistance, it is a high risk trade. What are the chances price will go 300-500 pips more when price is at all three times resistance. You took a trade at time there is a high chance of correction or ranging. I did it, I took a trade when price was a Boss resistance and Strat did pointed it out. I won that trade and I will not do it again. It was a lucky trade.
  • #15,389
  • Apr 8, 2011 2:49pm Apr 8, 2011 2:49pm
Why hanging man is NOT part of my PASR method
Attached Image (click to enlarge)
Click to Enlarge Name: hanged man!.gif Size: 40 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,390
  • Apr 9, 2011 10:31am Apr 9, 2011 10:31am
Quoting strat
Why hanging man is NOT part of my PASR method
maybe if you trade it in the dicrection of trend?
  • #15,391
  • Apr 9, 2011 3:41pm Apr 9, 2011 3:41pm
took a usdchf short since yesterday,reason for my short basically price action on my monthly and weekly charts (charts not attached with this post cos i am having trouble uploading them) and further reason not a major reason but some further reason why i took this short is because eurusd is still a bull market cos often times but not all of the time,when eurusd is buying then usdchf will be selling and vice versa.i am in positive right now and waiting to see what next week has in store.i have my take profit set for one of my orders and will let the other 2 run.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf daily chart 09042011.gif Size: 16 KB
  • #15,392
  • Apr 9, 2011 4:36pm Apr 9, 2011 4:36pm
Quoting bjpumping
took a usdchf short since yesterday,reason for my short basically price action on my monthly and weekly charts (charts not attached with this post cos i am having trouble uploading them)...
OK, good, in with the trend - a little late but better late than never

Make sure you know where support is
15 YEARS OF PASR ON FOREX FACTORY!
  • #15,393
  • Apr 9, 2011 6:14pm Apr 9, 2011 6:14pm
Quoting bjpumping
took a usdchf short since yesterday,reason for my short basically price action on my monthly and weekly charts (charts not attached with this post cos i am having trouble uploading them) and further reason not a major reason but some further reason why i took this short is because eurusd is still a bull market cos often times but not all of the time,when eurusd is buying then usdchf will be selling and vice versa.i am in positive right now and waiting to see what next week has in store.i have my take profit set for one of my orders and will let...
Your entry should be below last Friday candle that where the PA. I will move all three positions to BE when market opens just in case because price is so close to first position TP and I don't want winner turning into loser. Just a friendly reminder, you should be trading either eurusd or usdchf not both.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-04-10-11.gif Size: 14 KB
  • #15,394
  • Apr 10, 2011 2:20am Apr 10, 2011 2:20am
thanks strat for your comment and Patrick,i say thank you as well.I got in late and that was why i came into the trade a bit late, my eurusd trade is still in the positive and my first take profit has been met and all my other two positions are locked into profit and thats why i took the usdchf trade as well.
  • #15,395
  • Apr 12, 2011 4:10am Apr 12, 2011 4:10am
Took a short this morning. Now considering if i should move my TP to 1.44ish range or leave my current TP as it is. the way i see it, last week candle got rejected at 20EMA on Boss.
What do y'all think?
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-04-12_1701.jpg Size: 100 KB
  • #15,396
  • Apr 12, 2011 8:50pm Apr 12, 2011 8:50pm
Quoting patrick25
Your entry should be below last Friday candle that where the PA. I will move all three positions to BE when market opens just in case because price is so close to first position TP and I don't want winner turning into loser. Just a friendly reminder, you should be trading either eurusd or usdchf not both.
Closed second position at support, last one is @ BE for reversal PA.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-04-12-11.gif Size: 20 KB
  • #15,397
  • Edited Apr 13, 2011 11:43am Apr 12, 2011 9:15pm | Edited Apr 13, 2011 11:43am
Quoting herzog21
Took a short this morning. Now considering if i should move my TP to 1.44ish range or leave my current TP as it is. the way i see it, last week candle got rejected at 20EMA on Boss.
What do y'all think?
You should follow through with what you have already planed for the trade. That is why we have several positions on. You can also build positions like 1/3 first SL without TP and see if you can add on. I am in the same trade like your but on 4 hr entry with Boss and Worker trend. I have already planed for this trade that will keep adding on if LL and move all SL to HL.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchff-04-12-114hr.gif Size: 20 KB
  • #15,398
  • Apr 12, 2011 9:40pm Apr 12, 2011 9:40pm
Quoting patrick25
You should fellow through with what you have already planed for the trade. That is why we have several positions on. You can also build positions like 1/3 first SL without TP and see if you can add on. I am in the same trade like your but on 4 hr entry with Boss and Worker trend. I have already planed for this trade that will keep adding on if LL and move all SL to HL.
thanks patrick for sharing. my TP got triggered and i am now looking for an opportunity to re-enter on this pair as well as watching the majors since they r in mini-correction modes(or so it seems).

p.s: have dropped you a pm.
  • #15,399
  • Apr 13, 2011 11:48am Apr 13, 2011 11:48am
Quoting patrick25
You should follow through with what you have already planed for the trade. That is why we have several positions on. You can also build positions like 1/3 first SL without TP and see if you can add on. I am in the same trade like your but on 4 hr entry with Boss and Worker trend. I have already planed for this trade that will keep adding on if LL and move all SL to HL.
Moved two SL above little pull back and a new entry below in case if price breaks lower.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf-04-13-114hr.gif Size: 15 KB
  • #15,400
  • Apr 14, 2011 4:29am Apr 14, 2011 4:29am
This is what I got from Amin again:


Hi Oluwafemi,

Do you have $15,000 lying around for investment into a physical business?

A well know coach asked me to contact you to see if you want to buy his complete business. It costs between $15-$25k to get a license.

If you don't have that type of money, forget about it.
If you do, then you can pull in over $11k every month with the system.

I'm acting as his broker and you can read his full deal here.

Amin

Lentrica
12 Harlton Court
Waltham Abbey
EN9 3DZ
UK
8 traders viewing now