Attachments: Strat's Long Term Stress Free Trading

Strat's Long Term Stress Free Trading

#19,181
May 6, 2014 9:29am May 6, 2014 9:29am

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

CADCHF

We have Strat Shadow support AND support from the Weekly Control Candle so we are positioned long expecting PRICE to at least test the Weekly Control Candle high which represents immediate resistance

Attached Image (click to enlarge)

Click to Enlarge

Name: cadchf Worker.PNG
Size: 43 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,182
May 6, 2014 12:17pm May 6, 2014 12:17pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

USDCAD

Here is an excerpt from my post to members:

Attached Image (click to enlarge)

Click to Enlarge

Name: usdcad excerpt.PNG
Size: 47 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: usdcad WORKER.PNG
Size: 37 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,183
May 6, 2014 12:57pm May 6, 2014 12:57pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

CHFJPY

8 weeks of doing NOTHING! The good news is that the longer NOTHING happens, the BIGGER the move will be when CHFJPY traders return to action.

Attached Image (click to enlarge)

Click to Enlarge

Name: chfjpy BOSS.PNG
Size: 45 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,184
May 6, 2014 1:22pm May 6, 2014 1:22pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

GBPAUD

The HIGHEST RISK short entry is off the Shooting Star. Our LOWEST RISK short entry will come using the Strat Shadow.

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpaud Worker.PNG
Size: 35 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,185
May 6, 2014 5:32pm May 6, 2014 5:32pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

GBPAUD

For the SWINGERS!

This is an extract of a post I did in reply to a member's question on GBPAUD

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpaud Worker.PNG
Size: 50 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,186
May 7, 2014 8:58am May 7, 2014 8:58am

gil
| Joined Jan 2012 | Status: try to master himself first | 63 Posts

Hey,
On the daily it look like it is a juicy short BUT If you follow just the your method on the higher TF so Weekly you have no indication of slowing at the Resistance yet.

To be add since april it is an uptrend on the Daily.

So wait for the Weekly to give you the go and take the confirmation on the daily.

It is my view though.

#19,187
May 7, 2014 9:11am May 7, 2014 9:11am

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

GBPAUD

Quoting gil

Disliked

Hey, On the daily it look like it is a juicy short BUT If you follow just the your method on the higher TF so Weekly you have no indication of slowing at the Resistance yet. To be add since april it is an uptrend on the Daily. So wait for the Weekly to give you the go and take the confirmation on the daily. It is my view though.

Ignored

That was one of the member's questions. The Primary Trend is still UP but, although the Week is not finished, there is an Inside Candle indicating a slowing of that trend which is being seen as some sort of pull back on the Worker as PRICE approaches resistance on the Big Boss.

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpaud BIG BOSS.PNG
Size: 44 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,188
May 7, 2014 9:36am May 7, 2014 9:36am

gil
| Joined Jan 2012 | Status: try to master himself first | 63 Posts

Yes we are with confluence on the weekly but I am already on it in my drawings.
But my daily is a b****.

In any case if the monthly hold the high we will see.

A chart to see what I see.

EDIT: gold line Monthly, purple weekly and the rest

Attached Image (click to enlarge)

Click to Enlarge

Name: cT_cs_9497752_GBPAUD_2014-05-07_16-31-50.png
Size: 25 KB

#19,189
May 8, 2014 1:23am May 8, 2014 1:23am

gil
| Joined Jan 2012 | Status: try to master himself first | 63 Posts

EURAUD

Looked better than the GBPAUD for a short position missed it (next time).

If you did trade it, is it the time to take a partial??
Reason: based on the Daily small Support and upward support channel.
but based on the Weekly , still room to get down.

Do not know anything about fundamental.

Anyone opinions?

Attached Image (click to enlarge)

Click to Enlarge

Name: cT_cs_9497752_EURAUD_2014-05-08_08-17-55.png
Size: 25 KB

#19,190
Edited 10:25am May 8, 2014 9:20am | Edited 10:25am

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

EURAUD

Quoting gil

Disliked

EURAUD Looked better than the GBPAUD for a short position missed it (next time). If you did trade it, is it the time to take a partial?? Reason: based on the Daily small Support and upward support channel. but based on the Weekly , still room to get down. Do not know anything about fundamental. Anyone opinions?

Ignored

Before we take a trade, we PLAN the trade which includes every possible scenario, winning and losing, and where we take profits etc. Then we TRADE the PLAN. Where and when a trader takes profits is all about his/her individual trading style. When we trade the Worker, we are looking for triple and quadruple digit profits so we will let PASR tell us when to get out.

EURAUD can, and does, go on long trending runs so we are first looking to SEE if PRICE can get to the BIG BOSS Strat Shadow.

Attached Image (click to enlarge)

Click to Enlarge

Name: euraud BIG BOSS.PNG
Size: 47 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,191
May 8, 2014 11:14am May 8, 2014 11:14am

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

EURNZD

Just to show complete transparency for the "big heads" and "know it alls" to the left of this thread, here is my EURNZD LOSING trade.

Here is an extract of what I posted to the membership:

""An example of letting technicals over rule your gut feeling!

I have this pair in a SWING DOWN on my Worker with support at 1.5820 (previous low). I was stopped out on my shorts above the Hammer which I thought was premature as it was not testing support. However, the BUEB next day convinced me PRICE had found support and was moving into an UP swing even though I still thought there was more room to the down side.

I entered above the BUEB only to watch PRICE shoot up to, and get rejected by resistance. So I woke up this morning to the Shooting Star testing that resistance and immediately pulled the plug!

PRICE should now complete the swing down to previous support but it will do so without me.

Although this is a LOSING trade, the GOOD THING is that I have got out with minimum damage by not letting PRICE run all the way to my SL.""

Attached Image (click to enlarge)

Click to Enlarge

Name: eurnzd LOSING TRADE.PNG
Size: 34 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,192
May 8, 2014 5:32pm May 8, 2014 5:32pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

PASR

Candles in blue boxes are NOT traded by PASR traders

Attached Image (click to enlarge)

Click to Enlarge

Name: LONG WICKS & TAILS.PNG
Size: 60 KB

15 YEARS OF PASR ON FOREX FACTORY!

#19,193
May 8, 2014 6:13pm May 8, 2014 6:13pm

Strat
Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts

CHFJPY

These STOP RUNS by the BIG BOYS are why I don't like breakout trading.

The BIG BOYS have access to ALL open, pending and limit orders and can SEE where the buy stops are so, before going short, they push PRICE up to fill the buy stop orders and then proceed to drop their pants! This is one of the reasons we teach PASR traders to WAIT for CONFIRMATION.

Attached Image (click to enlarge)