Strat's Long Term Stress Free Trading | Page 951 | 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

  • #19,001
  • Feb 24, 2014 7:53pm Feb 24, 2014 7:53pm
Strats, spotted you driving around down under in Australia, mate!

Attached Image (click to enlarge)
Click to Enlarge Name: SANY0052.JPG Size: 784 KB
It takes a lot for me to IGNORE you, but you can try.
  • #19,002
  • Feb 25, 2014 5:01pm Feb 25, 2014 5:01pm
PASR TREND TRADING

Here is an extract from a recent post:

While we go through this frustrating and difficult period of consolidation and directionless markets, let's not forget the trends we had, and still have in some cases. These are not all of them as I am still missing some pairs from my broker. I was in most of these until my laptop crashed at which time I had to close everything. I know Roger, and possibly other 3 star traders are in, or have been in these.

Some of these trends were easy to trade while others required good trade management.

As usual, looking back on these in hindsight is easy but if you know what you are doing, what to look for and can get in with the rhythm of the trend, it is perhaps easier than you think. The difficult part is always the first entry to get in. Most times there will be a double bottom or Wave 1 and 2 which I expect and know to watch out for so I either get out with a few pips or break even. After that, I look for Wave 3, the money wave, and try to get as much as I can out of it without giving too much back.

If you can recognise the double bottom or Wave 1 and 2 at the hard right edge as it happens, then look for the ............. of the Strat Shadow if it has not already happened or a ............... to get you back in.

As you look through these you will SEE that each trend has the same characteristics (................. Strat Shadow) but PRICE is different in its behaviour as shown by where it is with regard to the Strat Shadow and .......................... for support/resistance.

The STRENGTH of the trend is shown by ..................... the Strat Shadow.

The WEAKNESS in a trend is shown by ........................ the Strat Shadow.

The MOMENTUM of the trend is shown by .............................. the Strat Shadow. Loss of MOMENTUM is seen when ................. starts catching up with PRICE.

Roger has put RULES together for TREND TRADING so when you are stuck for something to do, print out a chart and the rules and go through them step by step.

I will show these charts in a series of posts.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.PNG Size: 58 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.PNG Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.PNG Size: 55 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.PNG Size: 49 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,003
  • Feb 26, 2014 4:52pm Feb 26, 2014 4:52pm
Quoting erikte279
Well I wander . {image}
Just wondering why this user erikte279, rgrace etc no longer here. something bad happened here perhaps. Been thru this thread, thought rgrace is doing pretty well here till she or he stops.
  • #19,004
  • Feb 26, 2014 5:04pm Feb 26, 2014 5:04pm
markets are quiet now, classical trap for the beginners: a desire to trade no matter what happens, seeking an opportunity where there is no one.

The best time to drink beer and grab some meet and of course enjoying life ...
  • #19,005
  • Feb 26, 2014 5:12pm Feb 26, 2014 5:12pm
Quoting learning69
{quote} Just wondering why this user erikte279, rgrace etc no longer here. something bad happened here perhaps. Been thru this thread, thought rgrace is doing pretty well here till she or he stops.
4 years ago, are you serious man? Look at your self and look forward
  • #19,006
  • Feb 26, 2014 5:43pm Feb 26, 2014 5:43pm
Quoting bullzeye
{quote} 4 years ago, are you serious man? Look at your self and look forward
Ok bullzeys, im still learning. sometimes i wonder, price on chart doesnt match the news results in the economical calender. for example : eur gdp shows positive results but on the chart the value of euro is decling against usd which makes usd currency stronger.
  • #19,007
  • Edited 6:25pm Feb 26, 2014 6:13pm | Edited 6:25pm
Quoting learning69
{quote} Ok bullzeys, im still learning. sometimes i wonder, price on chart doesnt match the news results in the economical calender. for example : eur gdp shows positive results but on the chart the value of euro is decling against usd which makes usd currency stronger.
FORGET FUNDAMENTALS - only the Banks and Hedge Funds understand them and even they have been known to get it wrong.

We don't trade news, rumours, forex forum gossip, talking heads, reports, forecasts, predictions or third party analyses.

Here is what I repeat to my members over and over and OVER etc

TRADE WHAT YOU SEE ON YOUR CHARTS!
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,008
  • Feb 26, 2014 6:25pm Feb 26, 2014 6:25pm
Quoting learning69
{quote} Just wondering why this user erikte279, rgrace etc no longer here. something bad happened here perhaps. Been thru this thread, thought rgrace is doing pretty well here till she or he stops.
Why don't you send them a PM and ask them.

You might want to check out <TESTIMONIALS> on www.stratsforextrading.com where rgrace posted 3 times.

erickte279 was a subscribing member on www.stratsforextrading.com and owns the privilege of being the ONLY member ever BANNED by me.
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,009
  • Feb 26, 2014 6:30pm Feb 26, 2014 6:30pm
Sometimes i thought i was correct, find it frustrating when im wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2014-02-27-08-26-50.png Size: 363 KB
  • #19,010
  • Feb 26, 2014 6:30pm Feb 26, 2014 6:30pm
Quoting bullzeye
markets are quiet now, classical trap for the beginners: a desire to trade no matter what happens, seeking an opportunity where there is no one. The best time to drink beer and grab some meet and of course enjoying life ...
Bullzeye - how far you have come in your trading life! (Or is it that you just drink GOOD beer?)

Of course, you are correct, only those LIVING TO TRADE mess with crappy markets - since we TRADE TO LIVE, we have the PATIENCE and DISCIPLINE to WAIT for PASR opportunities.

4:30pm here in So Cal so time for a beer, some grub, followed by wine and whatever else I can get!
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,011
  • Feb 26, 2014 6:34pm Feb 26, 2014 6:34pm
AUDCAD

Speaking of opportunities, AUDCAD has the ""SR"" bit so all we are waiting for now is the PA to complete the PASR and then it's off to the races!
Attached Image (click to enlarge)
Click to Enlarge Name: audcad BOSS.PNG Size: 54 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,012
  • Feb 26, 2014 6:35pm Feb 26, 2014 6:35pm
and kaunasny recommended me to a forex course that cost 10,000euros. =/
  • #19,013
  • Feb 26, 2014 6:37pm Feb 26, 2014 6:37pm
Quoting learning69
Sometimes i thought i was correct, find it frustrating when im wrong.
Sometimes when I thought I was wrong, I realised I was only mistaken!
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,014
  • Feb 26, 2014 6:45pm Feb 26, 2014 6:45pm
Quoting learning69
and kaunasny recommended me to a forex course that cost 10,000euros. =/
Bite his hand off! Some of the Forex Marketing websites are asking $50,000 for their Forex Guru courses with follow up at $1850 per hour!
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,015
  • Feb 26, 2014 6:51pm Feb 26, 2014 6:51pm
Quoting learning69
and kaunasny recommended me to a forex course that cost 10,000euros. =/
Seriously, just choose a method/system which FITS your trading style, personality and time frame and LEARN IT and LEARN IT until you can do it in your sleep - how long it takes to do this depends on the individual - some take 6 months while the average is around 3 years.

Here is the bio of our first 4 STAR TRADER:

Attached Image
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,016
  • Feb 26, 2014 7:00pm Feb 26, 2014 7:00pm
Quoting strat
{quote} Seriously, just choose a method/system which FITS your trading style, personality and time frame and LEARN IT and LEARN IT until you can do it in your sleep - how long it takes to do this depends on the individual - some take 6 months while the average is around 3 years. Here is the bio of our first 4 STAR TRADER: {image}
Noted Mr.strat. i understand that u r unable to explain to me on what i had asked bullzeye on pm due to ur site's confidentiality n will be unfair to ur paying students. i will join soon. Just created paypal account last night.I was jsust wondering u r kinda low profile, unlike some other educators such as neil fuller, johnathan fox and off course kishore M the azzhole.
  • #19,017
  • Feb 27, 2014 1:52am Feb 27, 2014 1:52am
Quoting strat
AUDNZD The Worker thinks he is a tough guy - come on, show us what you've got! {image} Meanwhile, the Boss knows best! {image}

AUD/NZD


Yes Strat you right, patience is everything


Was waiting for three weeks now to move in the right direction ...the madness continues...


Attached Image (click to enlarge)
Click to Enlarge Name: audnzddaily.png Size: 64 KB
  • #19,018
  • Feb 27, 2014 2:05am Feb 27, 2014 2:05am
Regarding aud/usd---is the weekly control candle that of 24 February? I am having difficulty finding the reference to the control candle in the path of learning. This thread has helped me greatly. Thank you.
  • #19,019
  • Feb 27, 2014 3:19am Feb 27, 2014 3:19am
Quoting strat
My PASR method works on any freely traded financial instrument on any time frame....
...I'm taking the strings off my 59 Strat to see why they are rattling on the frets so I think I'll give her a good going over. Rock n Roll, Strat

Congrats on the fifth year anniversary topic!




Happy trading all!
  • #19,020
  • Feb 27, 2014 9:30am Feb 27, 2014 9:30am
Quoting learning69
{quote} Noted Mr.strat. i understand that u r unable to explain to me on what i had asked bullzeye on pm due to ur site's confidentiality n will be unfair to ur paying students. i will join soon. Just created paypal account last night.I was jsust wondering u r kinda low profile, unlike some other educators such as neil fuller, johnathan fox and off course kishore M the azzhole.
Unlike those, and others you mentioned, I have no interest in advertising my services to generate income - that comes from trading. Also, unlike those websites, no third party advertising is allowed on my website (although I keep getting asked) so no additional income is generated from that either. My only interest is to help those who are serious in wanting to Trade For A Living.
15 YEARS OF PASR ON FOREX FACTORY!
3 traders viewing now