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Strat's Long Term Stress Free Trading

  • #16,861
  • Sep 26, 2012 11:50am Sep 26, 2012 11:50am
Quoting Money Magnet
Keep Searchin' - Del Shannon 1965
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,862
  • Sep 27, 2012 12:59am Sep 27, 2012 12:59am
Quoting strat
He's still in New Zealand looking for more mantis - he keeps losing them as they keep having sex and getting their heads ripped off.

Seriously, he's still here - he was on here about 1 hour ago.
..Wife says I have been spending too much time online.

She is starting to get suspicious...

Attached Image
  • #16,863
  • Sep 27, 2012 1:54am Sep 27, 2012 1:54am
Quoting strat
She may have more charms than you think if she spikes up to previous resistance.

Look how the Big Boss triangle is compressing prices

So I jumped her then...

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"Your Honour.I swear, I couldn't help myself".

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"And then your Honour, she came back, just two months later - wearing exactly the same outfit !

I couldn't believe it!

Your Honour, I just couldn't help myself, so I jumped her again!"



"And, Your Honour, If she comes back AGAIN, wearing that outfit..!
Well Sir,... I just won't be responsible for my actions!!"





(say, is it my imagination? Or can you all spot a 'Mantis" hiding in that chart?)
  • #16,864
  • Sep 27, 2012 12:00pm Sep 27, 2012 12:00pm
The Boss has been in a DOWN swing since September 21, 2012. I have been waiting for the break below support and the trend line but some of our more astute members had pending sell orders already there! I love it when members out - trade me!
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15 YEARS OF PASR ON FOREX FACTORY!
  • #16,865
  • Sep 28, 2012 3:40pm Sep 28, 2012 3:40pm
Quoting trogger
So I jumped her then...

Attachment

"Your Honour.I swear, I couldn't help myself".

Attachment

"And then your Honour, she came back, just two months later - wearing exactly the same outfit !

I couldn't believe it!

Your Honour, I just couldn't help myself, so I jumped her again!"



"And, Your Honour, If she comes back AGAIN, wearing that outfit..!
Well Sir,... I just won't be responsible for my actions!!"








(say, is it my imagination? Or can you all spot a 'Mantis" hiding...

.... Can that branch support her weight?

Or do we plunge.. into the abyss?

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Nobody posted - pointing out I was adding into the previous support region from April?

Check the worker bar 26 September.
Convincing?

I thought so!

So, on the 27th, I sold retracement on the 15 min charts (green boxes) - and stopped accordingly.

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Where now Brown Cow?

Look to the NZD/US and AUD/US charts for clues!

[And of course, PA next week should bring resolution - either way!]
  • #16,866
  • Sep 28, 2012 4:13pm Sep 28, 2012 4:13pm
Quoting strat
Do you believe in magic? Lovin" Spoonful 1965

(and don't say he never gives you anything for free!)

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Pretty hard not to notice, wasn't it?

Now, I'd already been "day-tradinn" it by the time he posted...

In fact, I took a series of screen shots, starting on 19th, and onwards, but never got round to posting.

here they are, as they developed:

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Of course, these are not all the positions as profit taken on many, and re-entries made.

Always take your cue from the longer term time frames, but if you cannot fight the "day-trader" within, just marry him into your longterm perspective.

I am holding several positions short and, Now that we have seen a BEEB on the worker, will wait and see "what tomorrow brings"

Signing off,
Trogger
  • #16,867
  • Sep 29, 2012 2:45am Sep 29, 2012 2:45am
Quoting trogger
(and don't say he never gives you anything for free!)

Attachment

Pretty hard not to notice, wasn't it?

Now, I'd already been "day-tradinn" it by the time he posted...

In fact, I took a series of screen shots, starting on 19th, and onwards, but never got round to posting.

...

Signing off,
Trogger
Hello,

Well it was hard to notice it as we want hammers and shooting star bars to be the ones that stand out. Now this one was just an average size bar showing a shooting star and it closed as bullish also not that it matters much.

Now on Big Boss we have a situation that I believe is this market is going no where, or atleast we don't know where its going and we should wait for direction on Big Boss to start moving somewhere. Now fine, the Boss is at resistance but is this worker weak shooting start good enaugh to take a trade? I would say look for better opportunities. But please correct me if you or anyone think i'm wrong.

Now would you have posted this if it did not go your way these few pips, but shoot up past this trade? Now this answers why so many traders on forums post their entries "late" .

Kind regards,

kaunasny
  • #16,868
  • Sep 29, 2012 4:01pm Sep 29, 2012 4:01pm
The Boss tells us everything we need to know about the Worker
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15 YEARS OF PASR ON FOREX FACTORY!
  • #16,869
  • Sep 29, 2012 4:15pm Sep 29, 2012 4:15pm
Show Me The Way - Peter Frampton
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15 YEARS OF PASR ON FOREX FACTORY!
  • #16,870
  • Sep 30, 2012 5:41am Sep 30, 2012 5:41am
Quoting kaunasny
Hello,

Well it was hard to notice it as we want hammers and shooting star bars to be the ones that stand out. Now this one was just an average size bar showing a shooting star and it closed as bullish also not that it matters much.

Now on Big Boss we have a situation that I believe is this market is going no where, or atleast we don't know where its going and we should wait for direction on Big Boss to start moving somewhere. Now fine, the Boss is at resistance but is this worker weak shooting start good enaugh to take a trade? I would...
Well it was hard to notice it as we want hammers and shooting star bars to be the ones that stand out.


Phew!


For a moment, I thought I must have posted on the wrong thread... but then I checked with my blind, deaf and dumb one-legged friend with asthma.. and he said: “No, I spotted it”. (Actually, he claimed that his dog said he had spotted it too!).




Now this one was just an average size bar showing a shooting star and it closed as bullish also not that it matters much...


Unless I am still mistaken, we are not just looking for a “perfect SS” (or hammer) on this thread, but rather where any PA does occur wrt S&R. No?




Now on Big Boss we have a situation that I believe is this market is going no where, or at least we don't know where its going


All I can do here is repeat Strat's comments to you he made in a post (#13522) 2 years ago:


“it "could" well move back up.

It "could" also move sideways. It "could" also go down to make new lows.”





.. and we should wait for direction on Big Boss to start moving somewhere.


Has the “controlling bar” lost control?






Now fine, the Boss is at resistance but is this worker weak shooting start good enaugh to take a trade?


We are never guaranteed the outcome of any trade – we seek merely to put the probability of success in our favour – and to recognise when we are wrong.


I would say look for better opportunities. But please correct me if you or anyone think i'm wrong.


You may well find better opportunities – possibly on your “indicator” threads?




Now would you have posted this if it did not go your way these few pips, but shoot up past this trade?


Please, Do look carefully at my charts! I quite openly point out that I started day trading this on the 19th - ie. Early.
Now, price did shoot up past some of my open positions on these charts - see chart 3. That is why we have stops. I was stopped out for just a few pips profit on some of the trades I left open shown in chart 3 trades, only to re-enter when the spike had passed (chart4). Come Monday (sunday, your time) I may well be taken out again. I don't claim to know. What I do know is that the SL on the remaining positions is covered by profits already taken.




Now this answers why so many traders on forums post their entries "late" .


As above. I cannot be posting “late” – I took the trades early!

If entry had been made in accordance with the principles espoused on this thread, I would not have entered until the breach of the low of the SS that formed friday 21st . That breach did not occur until Tues 24th (Kiwi Time). If you were wanting to see the feet of the hanging man (20th ) cleared then the earliest entry would not have occurred until the 26th – and you would then be looking at a minimum 150pip SL. I chose to enter on shorter time frames, trading retracements, collecting pips where possible - and getting out when I am wrong, with minimal loss. The purpose of my post was simply to draw attention to the “alert” that Strat had already posted for you, and to the fact that PA on the worker was unfolding. Whether this turns out to be the "last train to ????" or not, I don't claim to know.


Safe trading to all.
Trogger.
  • #16,871
  • Sep 30, 2012 5:50pm Sep 30, 2012 5:50pm
wow, great posts there trogger, learnt a lot from all your comments. just make sure you drop in once in a while cos your posts are always eye openers. i took a short on eurnzd at 1.5608, still looking at PA this week for a further move down south to add more positions. Thumbs up to you again man. Positive pips to you all.
  • #16,872
  • Oct 1, 2012 2:27am Oct 1, 2012 2:27am
Quoting trogger
Well it was hard to notice it as we want hammers and shooting star bars to be the ones that stand out.


Phew!


For a moment, I thought I must have posted on the wrong thread... but then I checked with my blind, deaf and dumb one-legged friend with asthma.. and he said: “No, I spotted it”. (Actually, he claimed that his dog said he had spotted it too!).

...

Safe trading to all.
Trogger.

Unless I am still mistaken, we are not just looking for a “perfect SS” (or hammer) on this thread, but rather where any PA does occur wrt S&R. No?

Yes, we're looking for PA at S&R. In my case that Bond shooting star was no PA that tell's me to short there. Well if you're more aggresive trader then be it. All I wanted to say that this opportunity was not eye wrecking even thought some dogs spotted it too.


Has the “controlling bar” lost control?

Controlling bar? I thought it was time long ago to forget the controlling bar. Which one your talking about? 05.01 ? The one that is stuck between 1.5300 resistance and 1.6300 support? or some other that was pearced by 20MA since 2011 but I must be wrong here.

Can you show me and ofcourse others how to recognize direction on Big Boss in the situation like we have on GBP/USD when 20 MA is flat pearcing prices and it seems soon the 50 MA will be also.

You may well find better opportunities – possibly on your “indicator” threads?

You must be mistaken me with someone else. I don't have any threads at all. Unless you're talking about the threads I have visited that involve indicators. Well I can say I don't believe in lagging indicators except MA's, they seem to have some power for prices and mostly I'm on those "indicator" threads not to trade of the lagging indicator signals but for other reasons. Thank you for the interest.


Please, Do look carefully at my charts! I quite openly point out that I started day trading this on the 19th - ie. Early.
Now, price did shoot up past some of my open positions on these charts - see chart 3. That is why we have stops. I was stopped out for just a few pips profit on some of the trades I left open shown in chart 3 trades, only to re-enter when the spike had passed (chart4). Come Monday (sunday, your time) I may well be taken out again. I don't claim to know. What I do know is that the SL on the remaining positions is covered by profits already taken.

I looked again. First time I didn't catch it, maybe I'm slow as you have pointed that out. I didn't see any PA even on smaller time frames to go short on the 19th, I did not know you went short on September 25th. Now I see you trade a little bit different. You take positions at S&R on smaller time frames with small SL and wait for Price to go your way where you take profits Risk to Reward 1 to 5 or more.


Well after all I just did not agree that this Bond shooting star as I would call it, is good PA to take a trade on. Maybe I'm wrong and should learn better. What will Strat say about it?

Thanks for having this discussion with me.

Kind Regards,

kaunasny
  • #16,873
  • Oct 1, 2012 5:13am Oct 1, 2012 5:13am
Quoting strat
The Boss tells us everything we need to know about the Worker
Does it tell us that we're to see a return of the downtrend.
Because:

Prices returned to Boss shadow after hitting a resistance level.

Also failing to reach last waves high making possibly a lower high.


Althought this feels very much like unloading of big possitions by big players on H4 waiting for lower prices to enter again....

So even thought price action is showing me lower lows, my instict feeling is telling me that there will be another run up. What do we do when they're conflicting?
  • #16,874
  • Oct 1, 2012 9:48am Oct 1, 2012 9:48am
Does it tell us that we're to see a return of the downtrend.
Because:

Prices returned to Boss shadow after hitting a resistance level.

Yes and trend line

Also failing to reach last waves high making possibly a lower high.

Boss is in a DOWN swing


Althought this feels very much like unloading of big possitions by big players on H4 waiting for lower prices to enter again....

The big boys don't mess with short time frames - they are on the Daily and Weekly

So even thought price action is showing me lower lows, my instict feeling is telling me that there will be another run up. What do we do when they're conflicting?

We don't know, no-one does, but it looks like the Worker will run up to the Boss trend line before resuming the Boss down trend.

When you have conflict in your analysis, you do not trade. Find another pair which is in harmony while WAITING for this pair to turn into the Boss trend.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,875
  • Oct 1, 2012 9:58am Oct 1, 2012 9:58am
Well after all I just did not agree that this Bond shooting star as I would call it, is good PA to take a trade on. Maybe I'm wrong and should learn better. What will Strat say about it?

No, its not a Bond Shooting Star it is a genuine Shooting Star. The problem is the trend line below it which "could" act as strong support since the run up out of the trading range from 8/21 was very strong telling us there is a lot of buying sentiment out there.

Wild Thing (Trogger) dropped down to M15 to trade this since it was high risk on the Worker.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,876
  • Oct 1, 2012 4:15pm Oct 1, 2012 4:15pm
Today is the start of 2012 Q4 and is where the big boys make up any shortfalls in their accounts. Those who have under performed YTD have these last 3 months to get their accounts back on track.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,877
  • Oct 1, 2012 9:00pm Oct 1, 2012 9:00pm
started reading your thread... very interesting !


Quoting strat
Today is the start of 2012 Q4 and is where the big boys make up any shortfalls in their accounts. Those who have under performed YTD have these last 3 months to get their accounts back on track.
Does this have anything to do with the rally in stocks that usually occurs on oct-nov-dec ?
  • #16,878
  • Oct 1, 2012 9:02pm Oct 1, 2012 9:02pm
Quoting pipon
started reading your thread... very interesting !




Does this have anything to do with the rally in stocks that usually occurs on oct-nov-dec ?
Same reason
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,879
  • Oct 2, 2012 12:20pm Oct 2, 2012 12:20pm
Hello house, I took a long position on euraud and a short position on audchf, simple PA at SR. I think this is one of my charts in a long while, most times I do have problem posting charts, may be its something that has to do with my system. I entered those positions today, so anyone in with me?? Positive pips to you all.
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  • #16,880
  • Oct 2, 2012 1:43pm Oct 2, 2012 1:43pm
those were trades that scream take me take me!
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