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Strat's Long Term Stress Free Trading

  • #17,021
  • Nov 7, 2012 9:50am Nov 7, 2012 9:50am
Quoting 100PipsADay
Strat,

Do you mind me asking your thoughts again on AUD/JPY? Just wondering if we are now officially above the recent resistance of 83.50? Not sure if you wait for weekly to close above...

Thanks Strat!
I don't mind at all but according to your thread, you already believe it is "above recent resistance of 83.50"

If you UNDERSTAND the Power and Higher Order of Time Frames, you will see the BIG BOSS telling you everything you need to know.

Our 3 time frames, the BIG BOSS, the BOSS and Worker, are all telling us that PRICE is currently HELD at around 84.50 RESISTANCE.

Since this is a range common to this pair and based on PRICE ACTION to date, we are looking to sell back down to the 80 support.

For the LOWEST RISK trade, we are WAITING for a CLOSE below the Worker trend line although HIGHER RISK trades can be made with a short stop order below the BEEB providing it remains in place by the end of NY close today.

You will also note that this analysis and everything else we do, is based on RAW and PURE PRICE ACTION. If you UNDERSTOOD this, you would REALISE how very badly lagging your indicators are and why they are redundant.
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,022
  • Nov 7, 2012 11:44am Nov 7, 2012 11:44am
Quoting strat
I don't mind at all but according to your thread, you already believe it is "above recent resistance of 83.50"

If you UNDERSTAND the Power and Higher Order of Time Frames, you will see the BIG BOSS telling you everything you need to know.

Our 3 time frames, the BIG BOSS, the BOSS and Worker, are all telling us that PRICE is currently HELD at around 84.50 RESISTANCE.

Since this is a range common to this pair and based on PRICE ACTION to date, we are looking to sell back down to the 80 support.

For the LOWEST RISK trade, we are...
I spoke too soon. I should have waited for this week's close before jumping the gun. I closed out my positions when NY opened up as I noticed everything started falling again...

Obviously I need to read through this entire thread one more time as well as review your website again. I like the long term stress free trading but it is still fairly new to me overall.

Thanks for taking the time out to confirm this to me Strat.
  • #17,023
  • Nov 7, 2012 12:22pm Nov 7, 2012 12:22pm
I spoke too soon. I should have waited for this week's close before jumping the gun. I closed out my positions when NY opened up as I noticed everything started falling again...

Make sure you UNDERSTAND why

Obviously I need to read through this entire thread one more time as well as review your website again. I like the long term stress free trading but it is still fairly new to me overall.

Thanks for taking the time out to confirm this to me Strat.

Happy to help but it will take more than "one more time" - Professional Trading is a BUSINESS not a hobby and you need to get training if you are ever to be successful.

When you go to http://www.stratsforextrading.com go to "Newly Registered Members and READ and UNDERSTAND the 5 "stickys" there - especially:

To Trade for a Living you need 3 years

I hope this helps you.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,024
  • Nov 7, 2012 12:28pm Nov 7, 2012 12:28pm
Quoting strat
I spoke too soon. I should have waited for this week's close before jumping the gun. I closed out my positions when NY opened up as I noticed everything started falling again...

Make sure you UNDERSTAND why

Obviously I need to read through this entire thread one more time as well as review your website again. I like the long term stress free trading but it is still fairly new to me overall.

Thanks for taking the time out to confirm this to me Strat.

[color=Blue][b]Happy to help but it will take more than "one...
Yea I understand, I treat this business very seriously but am still fairly new with a little over one year of trading under my belt.

I'm going to head over to your site again, thanks for pointing me in the right direction Strat, it should help. I am a quick learner and I do enjoy trading.

People say "practice makes perfect" but I disagree. Practice makes "permanent." If you practice doing something wrong over and over it doesn't make it perfect. Thanks for your help Strat, it's appreciated.
  • #17,025
  • Nov 7, 2012 4:59pm Nov 7, 2012 4:59pm
Quoting 100PipsADay
Yea I understand, I treat this business very seriously but am still fairly new with a little over one year of trading under my belt.

I'm going to head over to your site again, thanks for pointing me in the right direction Strat, it should help. I am a quick learner and I do enjoy trading.

People say "practice makes perfect" but I disagree. Practice makes "permanent." If you practice doing something wrong over and over it doesn't make it perfect. Thanks for your help Strat, it's appreciated.
We are only interested in SERIOUS students on the website so if you really ARE serious, then join our other like minded serious members who now are CEOs of their own trading businesses.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,026
  • Nov 7, 2012 5:12pm Nov 7, 2012 5:12pm
Just posted with discussion
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,027
  • Edited 6:44pm Nov 7, 2012 5:51pm | Edited 6:44pm
GBPUSD

Just posted with discussion
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,028
  • Nov 9, 2012 10:48am Nov 9, 2012 10:48am
Just posted on the FREE "Newly Registered Members" page:

 Here is what happens when you don’t have a method/system and we get this over and over and over and over ad nauseum from the forex thread lurkers, wannabes and novices:


“”I doubled my account last year but only to give it all back””.

Think about this: If you don’t have a method/system, you will trade YOUR beliefs about the market.

When you are set in YOUR beliefs, you will have a hard time changing them. When you trade on YOUR beliefs, it is like you are insane. Not insane. Just “like” you are insane.

When you are on this treadmill, the only time that this cloud of insanity will lift is when you realise you HAVE to take trading seriously and INVEST in your trading education or, take up knitting or sewing for a hobby.

The insanity might clear up enough that you will reflect back on what you have been doing as a trader and conclude that YOUR way was the winner for the all-time most stupid idea ever. Often the insanity doesn't clear up nor is it recognised for what it is. When this happens, it really is the time to take up knitting.

As soon as the Harry Potter of Trading gets more money to inject back into his accounts, he will be at it again, trading his BELIEFS. Then the Wizard LOSES all his money again. It’s an amazing, never ending cycle.

This cycle is very profitable for us as professional traders. We LOVE to take their money. Everything they have, if they give us the chance. We LOVE to take their money so much so that we might even listen and shed a false tear to their tales of horror. "How that market is so WRONG all the time".

A trading method/system can solve these problems. However, the system still needs YOU to adhere to the trading rules of the system completely. With no deviations. YOU have to trade the rules and only the rules of the system.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,029
  • Nov 9, 2012 10:54am Nov 9, 2012 10:54am
AUDCHF

So you ""think"" you know PASR - let's see what you do with this
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,030
  • Nov 9, 2012 11:31am Nov 9, 2012 11:31am
GBPAUD M5 Trading

Extract from most recent post

Anybody any doubts that PASR isn't profitable?
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,031
  • Nov 9, 2012 12:10pm Nov 9, 2012 12:10pm
Quoting strat
AUDCHF

So you ""think"" you know PASR - let's see what you do with this
Best possible senarios for me

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  • #17,032
  • Nov 9, 2012 2:15pm Nov 9, 2012 2:15pm
Quoting strat
Just posted on the FREE "Newly Registered Members" page:

 Here is what happens when you don’t have a method/system and we get this over and over and over and over ad nauseum from the forex thread lurkers, wannabes and novices:


“”I doubled my account last year but only to give it all back””.

[font=Arial][size=3]Think about this: If...
mmm.... thanks Strat,I thought we were supposed to introduce ourselves and explain what we were doing trading wise?
a bit embarrassed and hurt.
  • #17,033
  • Nov 9, 2012 2:44pm Nov 9, 2012 2:44pm
Quoting Tedge UK
mmm.... thanks Strat,I thought we were supposed to introduce ourselves and explain what we were doing trading wise?
a bit embarrassed and hurt.
I didn't mention ANY NAMES - how do you know I was referring to you? Guilty by association?
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,034
  • Nov 9, 2012 2:53pm Nov 9, 2012 2:53pm
Quoting strat
I didn't mention ANY NAMES - how do you know I was referring to you? Guilty by association?
oh Strat ,come on go back to your site and take a look,i'm not going to get into a beef with you,I just thought it was hurtful to tel FF LIKE THAT WHEN YOU ASK THE NEWBIES TO NOT BE SHY AND TELL WHAT WE HAVE BEEN DOING TRADING WISE....THATS ALL
  • #17,035
  • Nov 9, 2012 3:46pm Nov 9, 2012 3:46pm
THE IMPORTANCE OF SEEING THE BIG PICTURE

An extract from the most recent post:

 Whoa, its amazing what you SEE when you ZOOM OUT to get the BIG PICTURE.


There for all to SEE in all its naked glory was R. N. Elliott – not the man, just his waves!
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,036
  • Nov 11, 2012 11:30am Nov 11, 2012 11:30am
Strat,

I've read through your website again, actually twice this weekend and am starting to read through it one more time. Trying to soak in the information as best as possible. Also, I've been looking at Weekly charts for multiple pairs the entire weekend and PASR is really starting to click this time around

Quick question in regards to the MA's: What do you use for "shift" or does it really matter? Reason I ask is one MT4 platform that I use for charting shows "0" shift as the standard and another shows "5" as the standard.

Thank you in advance.
  • #17,037
  • Nov 11, 2012 8:58pm Nov 11, 2012 8:58pm
Quoting 100PipsADay
Strat,

I've read through your website again, actually twice this weekend and am starting to read through it one more time. Trying to soak in the information as best as possible. Also, I've been looking at Weekly charts for multiple pairs the entire weekend and PASR is really starting to click this time around

Quick question in regards to the MA's: What do you use for "shift" or does it really matter? Reason I ask is one MT4 platform that I use for charting shows "0" shift as the standard and another shows "5" as the standard....
The MAs are ACTUAL as is, there is no shift.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,038
  • Nov 11, 2012 9:20pm Nov 11, 2012 9:20pm
Quoting strat
The MAs are ACTUAL as is, there is no shift.
Alright, thanks Strat.
  • #17,039
  • Nov 11, 2012 11:40pm Nov 11, 2012 11:40pm
Quoting strat
Just posted on the FREE "Newly Registered Members" page:

 Here is what happens when you don’t have a method/system and we get this over and over and over and over ad nauseum from the forex thread lurkers, wannabes and novices:


“”I doubled my account last year but only to give it all back””.

[font=Arial][size=3]Think about this: If you don’t have a method/system, you will...
One thing I dont understand strat is that I know Big players get their money from small retail losing traders. But what happens when majority is a winner ? Who will " Professional traders " Earn from ?
Human
  • #17,040
  • Nov 12, 2012 11:00am Nov 12, 2012 11:00am
Quoting Chanya
One thing I dont understand strat is that I know Big players get their money from small retail losing traders. But what happens when majority is a winner ? Who will " Professional traders " Earn from ?
Great question Chanya. Who will "Professional traders" earn from?

Thanks Strat. I'm new here but hope to get along so fine. But Chanya how far for the PBT &CA or B volume 2? Is it out yet?

Chris
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