Strat's Long Term Stress Free Trading | Page 849 | 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

  • #16,961
  • Edited 8:00am Oct 22, 2012 6:15am | Edited 8:00am
Quoting strat
Greek Bouncer and Patrick - you guys like GBPUSD - are you ready?

A lot of S for shorts on the 1.59-1.60 area Strat.
Lets see what this week brings on the other pairs.

GbpUsd is on waiting mode for me now.

gb
  • #16,962
  • Oct 22, 2012 5:48pm Oct 22, 2012 5:48pm
I sold the BEEB down to 1.6 but where it goes from there, I have no idea - anybody?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdworker.png Size: 62 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,963
  • Oct 22, 2012 5:53pm Oct 22, 2012 5:53pm
Quoting patrick25
After a little bit make-up she looks a bit better. Price action as I expected @ 78.00 so I added second position. Price is now making HH above Strat shadow for the first time since a few months ago. This current move may have leg but anything can happen. This counter trend trade may turn into trend trading, who knows.
Good going, Patrick - beats my few pips on GBPUSD! (I still think she's ugly though!)
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,964
  • Oct 22, 2012 6:56pm Oct 22, 2012 6:56pm
Quoting strat
Good going, Patrick - beats my few pips on GBPUSD! (I still think she's ugly though!)
Thanks Strat, yes she's so ugly good ride though. I moved my second position to below 50% of today candle just in case price pulls back to Strat shadow. Moved first position to BE below Strat shadow.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-10-22-12.gif Size: 25 KB
  • #16,965
  • Oct 22, 2012 7:05pm Oct 22, 2012 7:05pm
Quoting patrick25
Added on here.
The last two free add on stopped out. This third free add on still doing good. Price is trying to break out the R. The momentum for all 7 JPY pairs are moving good so I will hold on tight for the break. Strat shadow is holding price up so that is a plus.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-10-22-12.gif Size: 23 KB
  • #16,966
  • Oct 23, 2012 12:37pm Oct 23, 2012 12:37pm
Quoting strat
I sold the BEEB down to 1.6 but where it goes from there, I have no idea - anybody?

I take one step back and bow to the Grand Master!

gb
  • #16,967
  • Oct 23, 2012 2:30pm Oct 23, 2012 2:30pm
Quoting strat
I sold the BEEB down to 1.6 but where it goes from there, I have no idea - anybody?
Great Strat!

May i ask why you have sold in that area right in to support?

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 23 KB
  • #16,968
  • Oct 24, 2012 1:14pm Oct 24, 2012 1:14pm
Quoting bullzeye
Great Strat!

May i ask why you have sold in that area right in to support?

Attachment
Nothing great at all.

The Boss and Worker are both in a swing DOWN - HARMONY

The trend line on your chart is another clue.

I only went with a reduced lot size because BRN 1.6 was just below and I have no idea what PRICE is going to do there - my PLAN was to GET OUT on any sign of PASR or opposite PRICE ACTION at 1.6

I STILL have no idea what PRICE is going to do at 1.6 and I don't think the Big Boys do either.

PRICE is too erratic on most pairs these last few weeks.

Bring back my trends - PLEASE!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 98 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,969
  • Oct 24, 2012 1:24pm Oct 24, 2012 1:24pm
Bullzeye,

How do you trade 0.5 lot size with a $3,000 account?

This is 1 pip = $5 so just a 100 pip Stop Loss represents 16% of your account

Do you have a problem with Trading Psychology?
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,970
  • Oct 24, 2012 4:25pm Oct 24, 2012 4:25pm
Quoting strat
Nothing great at all.

The Boss and Worker are both in a swing DOWN - HARMONY

The trend line on your chart is another clue.

I only went with a reduced lot size because BRN 1.6 was just below and I have no idea what PRICE is going to do there - my PLAN was to GET OUT on any sign of PASR or opposite PRICE ACTION at 1.6

I STILL have no idea what PRICE is going to do at 1.6 and I don't think the Big Boys do either.

PRICE is too erratic on most pairs these last few weeks.

Bring back my trends - PLEASE!
thanks for your answer Strat,

well is just a demo account (has nothing to do with my real account), i try a few different things (when i get bored) with tight stops about 20-30 Pips, so my trading psychology is still intact
  • #16,971
  • Oct 24, 2012 5:47pm Oct 24, 2012 5:47pm
Quoting bullzeye
thanks for your answer Strat,

well is just a demo account (has nothing to do with my real account), i try a few different things (when i get bored) with tight stops about 20-30 Pips, so my trading psychology is still intact
Demo trading is only for proving the system/method. It has NOTHING to do with Trading Psychology.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,972
  • Oct 25, 2012 1:25am Oct 25, 2012 1:25am
Still wobbling around 1.3 BRN in a range. Yesterday's hammer could be a new HL swing, but we will see it on today's close.

Since I'm looking at one pair only for my learning purposes, I haven't trade that EURUSD for more than 6 weeks since it started ranging sideways. I just can't find the opportunity.

Strat, did you take some trades in that range? Can you show which?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_DAILY.PNG Size: 53 KB


Thanks,
Donatas
  • #16,973
  • Oct 25, 2012 9:42am Oct 25, 2012 9:42am
Quoting BaliuxXx
Still wobbling around 1.3 BRN in a range. Yesterday's hammer could be a new HL swing, but we will see it on today's close.

Since I'm looking at one pair only for my learning purposes, I haven't trade that EURUSD for more than 6 weeks since it started ranging sideways. I just can't find the opportunity.

Strat, did you take some trades in that range? Can you show which?

Attachment

Thanks,
Donatas
There will be no Worker trades until the Boss control candle of September 14 is taken out. The only way to trade this consolidation mess is on shorter time frames.
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,974
  • Oct 25, 2012 10:14am Oct 25, 2012 10:14am
Quoting BaliuxXx
Still wobbling around 1.3 BRN in a range. Yesterday's hammer could be a new HL swing, but we will see it on today's close.

Since I'm looking at one pair only for my learning purposes, I haven't trade that EURUSD for more than 6 weeks since it started ranging sideways. I just can't find the opportunity.

Strat, did you take some trades in that range? Can you show which?

Attachment

Thanks,
Donatas
EURAUD is much more interesting (and rewarding)
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,975
  • Oct 25, 2012 4:59pm Oct 25, 2012 4:59pm
So we have CONFLICT between the Worker and Boss

Who are you going to believe?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdworker.png Size: 62 KB
Click to Enlarge Name: gbpusdboss.png Size: 62 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,976
  • Oct 25, 2012 6:32pm Oct 25, 2012 6:32pm
Quoting patrick25
The last two free add on stopped out. This third free add on still doing good. Price is trying to break out the R. The momentum for all 7 JPY pairs are moving good so I will hold on tight for the break. Strat shadow is holding price up so that is a plus.
Seeing beyond candles. There was a chance for her to go down more but didn't happen. That means there is a higher chance she is going to break the R and I took it. Moved the early positions to below inside bar.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-10-25-12.gif Size: 22 KB
  • #16,977
  • Oct 25, 2012 7:42pm Oct 25, 2012 7:42pm
Quoting patrick25
Seeing beyond candles. There was a chance for her to go down more but didn't happen. That means there is a higher chance she is going to break the R and I took it. Moved the early positions to below inside bar.
Yes, Patrick, you really are SEEING BEYOND THE CANDLES not to mention following the STRAT SHADOW. Good job!
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,978
  • Oct 26, 2012 1:14am Oct 26, 2012 1:14am
Quoting strat
So we have CONFLICT between the Worker and Boss

Who are you going to believe?
for the name of "Boss" I would believe in weekly Boss have been supported by BRN 1.6 and strat shadow. Should be waiting for close above Worker's trendline.
If the boss will close today like it is, it will be a controlling candle, which means we will wait to close above or below it?

thanks,
Donatas
  • #16,979
  • Oct 26, 2012 9:37am Oct 26, 2012 9:37am
Quoting BaliuxXx
for the name of "Boss" I would believe in weekly Boss have been supported by BRN 1.6 and strat shadow. Should be waiting for close above Worker's trendline.
If the boss will close today like it is, it will be a controlling candle, which means we will wait to close above or below it?

thanks,
Donatas
Yes, for low RISK trading
15 YEARS OF PASR ON FOREX FACTORY!
  • #16,980
  • Oct 27, 2012 12:53am Oct 27, 2012 12:53am
Big Boss is in a very strong overal downtrend. Now it is in upswing, a pullback in its main trend. A couple of days left to close the Big Boss. Now it showing a shooting star at strat shadow and 1.299 resistance, which could be a new lower swing high.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_MONTHLY.PNG Size: 47 KB


Boss is still in upswing controlled by 09.30-10.05 candle.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_WEEKLY.PNG Size: 44 KB


Next week will show if seller want this pair to go below 1.239 support.
30 traders viewing now