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  • #16,801
  • Sep 13, 2012 3:07pm Sep 13, 2012 3:07pm
Quoting strat
Yes, Patrick, we are looking to buy at a discount back up to 1.3350

Say, if everyone is long this, then who's left to buy?


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Let me think, let me think...
  • #16,802
  • Sep 13, 2012 3:15pm Sep 13, 2012 3:15pm
Quoting trogger
Say, if everyone is long this, then who's left to buy?


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Let me think, let me think...
Where is your stoploss ??? And can you please share the reasoning for your entries ???
Human
  • #16,803
  • Edited Sep 14, 2012 10:46am Sep 13, 2012 3:57pm | Edited Sep 14, 2012 10:46am
Quoting trogger
Say, if everyone is long this, then who's left to buy?
Those of us already long adding to our positions
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,804
  • Sep 13, 2012 7:21pm Sep 13, 2012 7:21pm
Quoting patrick25
This one has leg.
Closed one of the positions for a good profit. Reasons: Price reached SR level, rubber band effect, 78% retracement.
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  • #16,805
  • Sep 13, 2012 9:27pm Sep 13, 2012 9:27pm
Quoting Chanya
Where is your stoploss ??? And can you please share the reasoning for your entries ???
Stop loss is PA to the downside!!!
Reason for entry was to make money!!!
  • #16,806
  • Sep 13, 2012 10:11pm Sep 13, 2012 10:11pm
Trade against Strat shadow only when opportunity presents itself like you gotta put on the risk. Maybe there will be an inside bar for discount, will see.
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  • #16,807
  • Sep 14, 2012 10:49am Sep 14, 2012 10:49am
Quoting patrick25
Closed one of the positions for a good profit. Reasons: Price reached SR level, rubber band effect, 78% retracement.
Well done, Patrick. Banking profits keeps the Little People happy. Make sure you monitor your remaining positions in profit - don't let them turn into losers!
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,808
  • Sep 14, 2012 10:52am Sep 14, 2012 10:52am
Quoting trogger
Stop loss is PA to the downside!!!
Reason for entry was to make money!!!
Great answers, Wild Thing - I couldn't do better myself - your "Strat" is definitely in tune!
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,809
  • Sep 14, 2012 10:58am Sep 14, 2012 10:58am
Quoting patrick25
Trade against Strat shadow only when opportunity presents itself like you gotta put on the risk. Maybe there will be an inside bar for discount, will see.
Be very careful buying $US, Patrick - even Berwanker isn't buying (he's selling)!

Even if you counter trend trade with reduced positions and lot sizes which is what I recommend, I wouldn't do it on USD pairs. Instead, consider adding on to trending pairs.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,810
  • Sep 14, 2012 5:25pm Sep 14, 2012 5:25pm
Quoting strat
Be very careful buying $US, Patrick - even Berwanker isn't buying (he's selling)!

Even if you counter trend trade with reduced positions and lot sizes which is what I recommend, I wouldn't do it on USD pairs. Instead, consider adding on to trending pairs.
Agree, risk less on counter trend trades and put on the trade only the PA so obvious not to trade it.
  • #16,811
  • Sep 14, 2012 5:42pm Sep 14, 2012 5:42pm
Quoting patrick25
Watching and learning price interact with Strat shadow with a free trade in real time, nothing can beat that.
Strat shadow is doing its job supporting price. A lot of information to learn here, look at those candles closes. They were unable to close below Strat shadow meaning there is a high chance price will go higher.
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  • #16,812
  • Sep 16, 2012 11:12am Sep 16, 2012 11:12am
Classic PASR following the Strat Work Book to the pip.

Now, what are you going to do with that Gravestone Doji, Grasshopper?
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15 YEARS OF PASR ON FOREX FACTORY!
  • #16,813
  • Sep 17, 2012 10:48am Sep 17, 2012 10:48am
Wild Thing, did you know..................

The male praying mantis cannot copulate while its head is attached to its body. The female initiates sex by ripping the male's head off..
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,814
  • Sep 17, 2012 11:16am Sep 17, 2012 11:16am
Quoting strat
Wild Thing, did you know..................

The male praying mantis cannot copulate while its head is attached to its body. The female initiates sex by ripping the male's head off..
Imagine that happening with humans ...
Human
  • #16,815
  • Sep 17, 2012 10:06pm Sep 17, 2012 10:06pm
Quoting patrick25
This one too but price may stall and wait for Strat shadow.
Price is approaching R and a little bit far from EMAs, expecting a pull back. Tighten up my two positions.
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  • #16,816
  • Edited Sep 18, 2012 11:04am Sep 17, 2012 10:19pm | Edited Sep 18, 2012 11:04am
Quoting patrick25
Trade against Strat shadow only when opportunity presents itself like you gotta put on the risk. Maybe there will be an inside bar for discount, will see.
Price is approach R. Watching price closely with Strat shadow. Price action at Strat shadow will tell if R will be break or not. The first trade is risk free at this point.
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  • #16,817
  • Sep 18, 2012 10:17am Sep 18, 2012 10:17am
Quoting patrick25
Price is approaching R and a little bit far from EMAs, expecting a pull back. Tighten up my two positions.
Yes, Patrick, same with EURUSD. Wait for PASR after pull back and add some more.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,818
  • Sep 18, 2012 11:02am Sep 18, 2012 11:02am
Quoting strat
Yes, Patrick, same with EURUSD. Wait for PASR after pull back and add some more.
Thanks Strat, you read my mind.
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  • #16,819
  • Sep 19, 2012 12:10pm Sep 19, 2012 12:10pm
I guess the swagman was too busy watching his billy boil to do any trading today. I had to refresh my screen as I thought it had frozen on the AUD pairs.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,820
  • Sep 20, 2012 5:33pm Sep 20, 2012 5:33pm
WAITING FOR PASR
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15 YEARS OF PASR ON FOREX FACTORY!
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