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Strat's Long Term Stress Free Trading

  • #17,621
  • Edited Feb 14, 2013 1:18am Feb 13, 2013 4:46pm | Edited Feb 14, 2013 1:18am
GBP/AUD

not a huge fan of fibs but this will give food for thoughts he?

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  • #17,622
  • Edited Feb 14, 2013 1:11am Feb 13, 2013 5:02pm | Edited Feb 14, 2013 1:11am
EUR/USD

buy the dips and don't fight the trend...

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  • #17,623
  • Feb 13, 2013 5:09pm Feb 13, 2013 5:09pm
Quoting bullzeye
EUR/GBP

nice Boss candle...back to support

Attachment
EUR/GBP

i am sure Strat will beat me up for that...but "Before you accuse me, take a look at yourself...

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  • #17,624
  • Feb 13, 2013 5:58pm Feb 13, 2013 5:58pm
Quoting bullzeye
GBP/AUD

not a huge fan of fibs but this will give food of thoughts he?

Attachment
Like everything else in trading, they are great when they work but.............
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,625
  • Feb 13, 2013 5:59pm Feb 13, 2013 5:59pm
Quoting bullzeye
EUR/USD

by the dips and don't fight the trend...

Attachment
Nearly right - BUY the dips in the direction of the trend.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,626
  • Feb 13, 2013 6:03pm Feb 13, 2013 6:03pm
Quoting bullzeye
EUR/GBP

i am sure Strat will beat me up for that...but "Before you accuse me, take a look at yourself...
I don't understand what you are trying to say. There is nothing wrong with your trade. I don't beat people up. I looked at myself. What next?
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,627
  • Feb 13, 2013 6:19pm Feb 13, 2013 6:19pm
Hi Strat,

Would you mind sharing your thoughts / charts on EUR/AUD?

Just wanted to get your perspective if possible. Thank you in advance.
  • #17,628
  • Feb 13, 2013 9:37pm Feb 13, 2013 9:37pm
Quoting 100PipsADay
Hi Strat,

Would you mind sharing your thoughts / charts on EUR/AUD?

Just wanted to get your perspective if possible. Thank you in advance.
EURAUD is now in an UP trend
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,629
  • Feb 13, 2013 9:43pm Feb 13, 2013 9:43pm
Quoting strat
EURAUD is now in an UP trend
Thanks for sharing your charts on EUR/AUD Strat. Price has been stalling for the past 10 trading days or so and am waiting for a breakout to the upside...
  • #17,630
  • Edited 2:36am Feb 14, 2013 1:26am | Edited 2:36am
Quoting strat
I don't understand what you are trying to say. There is nothing wrong with your trade. I don't beat people up. I looked at myself. What next?
Sorry Strat, i was just joking around while listening Clapton I made a useless short trade two days ago on EUR/GBP, almost on the same place, and i just remembered your comment about it...
  • #17,631
  • Feb 14, 2013 2:52am Feb 14, 2013 2:52am
Quoting strat
USDCAD

Twin Shooting Stars
USD/CAD

i hear you Strat...

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  • #17,632
  • Feb 14, 2013 6:59am Feb 14, 2013 6:59am
Quoting bullzeye
USD/CAD

i hear you Strat...

Attachment

HH+HL in the weekly. now sit on (or retest) the key level 1.0000. i would never ever enter a short right on such level.

i'd rather wait to see what price do here.
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trading is not an addiction. it's a profession.
  • #17,633
  • Feb 14, 2013 10:24am Feb 14, 2013 10:24am
Quoting haimber
HH+HL in the weekly. now sit on (or retest) the key level 1.0000. i would never ever enter a short right on such level.

i'd rather wait to see what price do here.
Exactly! We are all on hold on this pair now just waiting and waiting and waiting and..........................
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,634
  • Feb 14, 2013 10:25am Feb 14, 2013 10:25am
Quoting 100PipsADay
Thanks for sharing your charts on EUR/AUD Strat. Price has been stalling for the past 10 trading days or so and am waiting for a breakout to the upside...
We are waiting for a pull back to test support of the new trend.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,635
  • Feb 14, 2013 11:54am Feb 14, 2013 11:54am
Quoting patrick25
Moved second position to BE.
We got one low risk shot at it to break R and trending but did not happen. Back to the waiting mode.
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  • #17,636
  • Feb 14, 2013 3:00pm Feb 14, 2013 3:00pm
EURJPY

Full discussion along with H4 charts posted on possible "what if" scenarios
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,637
  • Feb 14, 2013 4:00pm Feb 14, 2013 4:00pm
EURUSD

1st TEST of SUPPORT
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,638
  • Feb 14, 2013 4:05pm Feb 14, 2013 4:05pm
Quoting patrick25
We got one low risk shot at it to break R and trending but did not happen. Back to the waiting mode.
USDCAD

BRN PARITY is back in play AGAIN. Some fundamentals are holding up the Big Boys on this, probably Gold and Crude Oil.
15 YEARS OF PASR ON FOREX FACTORY!
  • #17,639
  • Feb 14, 2013 4:30pm Feb 14, 2013 4:30pm
Quoting Olu

Some parts of my post sounded like a lot of psycho babble. It wasnt intentional...

Olu
Olu, your blog is titled ""Profitable Trading For People With A Full Time Job With the aim of eventually quitting the day job.""

Is this an example of ""Profitable Trading?""

A word of ADVICE - there is NO over sold or over bought - these are terms in the imagination of you people who ""try"" to trade with indicators. THROW your indicators where they belong, in the TRASH and you have no more over sold and no more over bought!

If you STILL think there is over sold and over bought look at your magic indicators on all the XXXJPY crosses - that's what a strong trend does to indicators.

""IF"" you UNDERSTOOD PASR as much as you THINK you do, you would KNOW where SUPPORT is and you would KNOW to draw a trend line on PRICE ACTION to identify where to trade. Instead you decided to trade off a lousy lagging indicator which has as much use as t*ts on a Nun!

I have marked up SUPPORT and the trend line on YOUR chart.

Do yourself and others a favour and learn how to trade before leading others on!
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15 YEARS OF PASR ON FOREX FACTORY!
  • #17,640
  • Feb 14, 2013 6:48pm Feb 14, 2013 6:48pm
Quoting strat
Olu, your blog is titled ""Profitable Trading For People With A Full Time Job With the aim of eventually quitting the day job.""

Is this an example of ""Profitable Trading?""

A word of ADVICE - there is NO over sold or over bought - these are terms in the imagination of you people who ""try"" to trade with indicators. THROW your indicators where they belong, in the TRASH and you have no more over sold and no more over bought!

If you STILL think there is over sold and over bought...
Hi Strat

Its my turn to get the stick from you.

I rarely use indicators in my trading nowadays and understand that overbought stochastic dont mean a turn all the time. My trading is heavily influenced by Elliott wave principles hence the triangle. I also use price action as well.

Thanks for re-jigging my chart.

About learning to trade - I will always continue to learn/improve. I have actually read your website lessons

I will finish with some psychological babble in the form of some emoticons

If you think you can or cannot do it you are correct
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