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  • #19,461
  • Jul 15, 2014 8:07pm Jul 15, 2014 8:07pm
Quoting strat
CADCHF Strat Shadow and 200ema in confluence providing resistance..........................for now! {image}
Dear Strat,

I think Sell Stop can Place, because "BEOU/BEEB" 3 day before show >50% its flow is DOWN. So Stop loss is very big. Yes!

200 EMA denote for trend change/Support/Resistance?

bye
ajentha
  • #19,462
  • Jul 15, 2014 8:22pm Jul 15, 2014 8:22pm
Quoting strat
STRAT SHADOW The Strat Shadow keeping us from trading against the trend and ONLY allowing us to take SHORT trades. {image}
Dear Strat,

Really give more confidence for your trading method
Attached Image
  • #19,463
  • Jul 15, 2014 9:08pm Jul 15, 2014 9:08pm
CADCHF

Quoting ajentha
{quote} Dear Strat, I think Sell Stop can Place, because "BEOU/BEEB" 3 day before show >50% its flow is DOWN. So Stop loss is very big. Yes! 200 EMA denote for trend change/Support/Resistance? bye ajentha
We trade the Worker in the direction of the Primary Trend. The Primary Trend is UP. We do not trade counter trend against the Primary Trend.
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,464
  • Jul 15, 2014 10:35pm Jul 15, 2014 10:35pm
Quoting strat
EURUSD While most were BULLS, the Strat Shadow was NEGATIVE so we were WAITING for PASR to go SHORT which we got - it wasn't pretty but the Strat Shadow is keeping us SHORT {image}
Dear Strat,

This really nice, How UP trend change to DOWN trend and find the trade, This is most of the time I get confused me.
I can easily tell this is sell, but in doing demo also I am not able to predict exactly. But you have showing above screen short, really provide more confident for me, but I think I want increase my stop loss need to 100 pip to 150 pip.

But many screen short you have mentioned, if trade is wrong get out from the trade, How to predict this trade is wrong?
Attached Image
  • #19,465
  • Jul 15, 2014 10:46pm Jul 15, 2014 10:46pm
Quoting strat
EURNZD {image}
Dear Strat,

In my previous mentality is really made it me to buy, but your previous many of the screen short show the Power of Strat shadow how to predict the trend. Now I can said I did not buy EURNZD at this point. Thank you so much for you have teaching me with your screen short.
Attached Image


But I did not no know ATR and value how to predict the market spike. any forum explain more detail, if you know then only prefer. I am sorry for disturbing your valuable time.

Thanks a lot
ajentha
  • #19,466
  • Jul 16, 2014 12:31am Jul 16, 2014 12:31am
Ajentha,


Please go to Strats website, specifically here:

http://www.stratsforextrading.com/dokuwiki/doku.php ((If the link isn't allowed then go to his profile page and click on the link))

Go through all the green links on the left hand side of the page (1 - 26).


It will definitely help. You are asking questions/ misunderstanding the basics that are all answered on his website.

Strat has been patient answering, reanswering, rereanswering, rerereanswering, rerererererere..... 'hopefully you get what i am saying' your questions.

All the info you need to get going is in that link buddy.

Give the man some time and space to post here so others can watch, learn and participate.
Luck is where preparation meets opportunity.......
  • #19,467
  • Jul 16, 2014 2:57am Jul 16, 2014 2:57am
Quoting Ozzie Taz
Ajentha, Please go to Strats website, specifically here: http://www.stratsforextrading.com/dokuwiki/doku.php ((If the link isn't allowed then go to his profile page and click on the link)) Go through all the green links on the left hand side of the page (1 - 26). It will definitely help. You are asking questions/ misunderstanding the basics that are all answered on his website. Strat has been patient answering, reanswering, rereanswering, rerereanswering, rerererererere........
Dear Ozzie Tax, Really sorry I think disturbing so many people following strat Sorry Bye Ajentha
  • #19,468
  • Jul 16, 2014 9:25am Jul 16, 2014 9:25am
PASR

Quoting ajentha
{quote} Dear Strat, This really nice, How UP trend change to DOWN trend and find the trade, This is most of the time I get confused me. I can easily tell this is sell, but in doing demo also I am not able to predict exactly. But you have showing above screen short, really provide more confident for me, but I think I want increase my stop loss need to 100 pip to 150 pip. But many screen short you have mentioned, if trade is wrong get out from the trade, How to predict this trade is wrong?
Your Stop Loss is NOT decided by you but on the PRICE ACTION of the pair you are trading. At the minimum, your Stop Loss, for a LONG trade goes BELOW the last swing low or below support if it is near, whichever is the GREATER, no matter how many pips that may be. You then use this number of pips in your Money Management to determine your position size. During periods of high volatility, which has been rare this year, we sometimes use 2 x ATR(20), whichever is the GREATER number.

""How to predict the trade is wrong"" Neither I, nor anyone else, can PREDICT the future. Experience tells us when a "trade is wrong" - if PRICE does not move in our intended trade direction and instead goes opposite, that is the first sign to check if all the conditions are what they were when we first PLANNED the trade - if they have changed - GET OUT!
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,469
  • Jul 16, 2014 9:34am Jul 16, 2014 9:34am
Quoting ajentha
{quote} Dear Strat, In my previous mentality is really made it me to buy, but your previous many of the screen short show the Power of Strat shadow how to predict the trend. Now I can said I did not buy EURNZD at this point. Thank you so much for you have teaching me with your screen short. But I did not no know ATR and value how to predict the market spike. any forum explain more detail, if you know then only prefer. I am sorry for disturbing your valuable time. Thanks a lot ajentha
ATR is AVERAGE TRUE RANGE

Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities. The indicator does not provide an indication of price trend, simply the degree of price volatility. The average true range is an N-day exponential moving average of the true range values. Wilder recommended a 14-period smoothing.

Calculation

The range of a day's trading is simply http://upload.wikimedia.org/math/d/2...98e6be0734.png. The true range extends it to yesterday's closing price if it was outside of today's range.
http://upload.wikimedia.org/math/6/8...c80ac756d5.png
The true range is the largest of the:

  1. Most recent period's high minus the most recent period's low
  2. Absolute value of the most recent period's high minus the previous close
  3. Absolute value of the most recent period's low minus the previous close

The ATR at the moment of time t is calculated using the following formula:
http://upload.wikimedia.org/math/8/b...1d0db00548.png
The first ATR value is calculated using the arithmetic mean formula:
http://upload.wikimedia.org/math/5/d...aff080510f.png
The idea of ranges is that they show the commitment or enthusiasm of traders. Large or increasing ranges suggest traders prepared to continue to bid up or sell down a stock through the course of the day. Decreasing range suggests waning interest.

This is from Wikipedia, the free encyclopedia (which you could have searched for yourself on the internet)

15 YEARS OF PASR ON FOREX FACTORY!
  • #19,470
  • Jul 16, 2014 9:39am Jul 16, 2014 9:39am
Quoting Ozzie Taz
Ajentha, Please go to Strats website, specifically here: http://www.stratsforextrading.com/dokuwiki/doku.php ((If the link isn't allowed then go to his profile page and click on the link)) Go through all the green links on the left hand side of the page (1 - 26). It will definitely help. You are asking questions/ misunderstanding the basics that are all answered on his website. Strat has been patient answering, reanswering, rereanswering, rerereanswering, rerererererere..... 'hopefully you get what i am saying' your questions. All the...
Ozzie Taz, this is so refreshing to find someone with such a positive and helping attitude as opposed to the Negative Nellies who try to bring everyone down. THANK YOU
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,471
  • Jul 16, 2014 12:19pm Jul 16, 2014 12:19pm
Quoting strat
PASR {quote} Your Stop Loss is NOT decided by you but on the PRICE ACTION of the pair you are trading. At the minimum, your Stop Loss, for a LONG trade goes BELOW the last swing low or below support if it is near, whichever is the GREATER, no matter how many pips that may be. You then use this number of pips in your Money Management to determine your position size. During periods of high volatility, which has been rare this year, we sometimes use 2 x ATR(20), whichever is the GREATER number. ""How to predict the trade is wrong"" Neither I, nor anyone...
Dear Strat,

Thank you so much, I will practice in my trading.

bye
ajentha
  • #19,472
  • Jul 16, 2014 12:23pm Jul 16, 2014 12:23pm
Quoting strat
{quote} ATR is AVERAGE TRUE RANGE Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities. The indicator does not provide an indication of price trend, simply the degree of price...
Dear Strat,
Wonderful! How all mathematical equation and definition, really great. I don't ask more I will check all the reference link.
bye
ajentha
  • #19,473
  • Jul 16, 2014 12:37pm Jul 16, 2014 12:37pm
Dear Team & Viewers,

Within a couple of week I follow Strat method, I copied from his screen short and I placed the trade, really working very well. Thanks Strat. You are veteran in Forex.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-07-16_22-58_StratMethod.jpg Size: 250 KB
  • #19,474
  • Jul 16, 2014 5:15pm Jul 16, 2014 5:15pm
Quoting strat
{quote} Ozzie Taz, this is so refreshing to find someone with such a positive and helping attitude as opposed to the Negative Nellies who try to bring everyone down. THANK YOU
Your welcome. Im thankful for the time you have taken to present your information and the patience you have displayed. Thank you for all your hard work Strat.


Ajentha,

No need to be sorry mate. Your eagerness to learn strats method is great, its just a little misguided. You just need to start at the beginning instead of half way through. There are alot of things to learn prior to placing any trades - even in demo.

Honestly go to the link, start at the beginning there. It will help.

All the best to you
Luck is where preparation meets opportunity.......
  • #19,475
  • Jul 16, 2014 6:47pm Jul 16, 2014 6:47pm
Quoting Ozzie Taz
{quote} Your welcome. Im thankful for the time you have taken to present your information and the patience you have displayed. Thank you for all your hard work Strat. Ajentha, No need to be sorry mate. Your eagerness to learn strats method is great, its just a little misguided. You just need to start at the beginning instead of half way through. There are alot of things to learn prior to placing any trades - even in demo. Honestly go to the link, start at the beginning there. It will help. All the best to you
Dear Ozzie,

Thank you for your advise. really I will read first Strat private forum. See I am learning strat method for surviving (1$ = 60Rs.).

bye
ajentha
  • #19,476
  • Jul 16, 2014 7:52pm Jul 16, 2014 7:52pm
Quoting ajentha
{quote} Dear Ozzie, Thank you for your advise. really I will read first Strat private forum. See I am learning strat method for surviving (1$ = 60Rs.). bye ajentha
Ajentha, Ozzie Taz didn't tell you to go to the Private Forum!

He told you:

Please go to Strats website, specifically here:

http://www.stratsforextrading.com/dokuwiki/doku.php ((If the link isn't allowed then go to his profile page and click on the link))

Go through all the green links on the left hand side of the page (1 - 26).

This is the FREE section on my website explaining my PASR method.

If you don't have the DISCIPLINE to FOLLOW INSTRUCTIONS you will NEVER make it in trading.
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,477
  • Jul 16, 2014 9:21pm Jul 16, 2014 9:21pm
Quoting strat
{quote} Ajentha, Ozzie Taz didn't tell you to go to the Private Forum! He told you: Please go to Strats website, specifically here: http://www.stratsforextrading.com/dokuwiki/doku.php ((If the link isn't allowed then go to his profile page and click on the link)) Go through all the green links on the left hand side of the page (1 - 26). This is the FREE section on my website explaining my PASR method. If you don't have the DISCIPLINE to FOLLOW INSTRUCTIONS you will...
OK strat, I place take profits and must follow the discipline.
  • #19,478
  • Jul 17, 2014 9:13am Jul 17, 2014 9:13am
GBPAUD

When PRICE is trapped in a WEEKLY CONTROL CANDLE (WCC) we change our strategy to buy at the bottom of the WCC and sell at its top and vice versa.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.PNG Size: 52 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #19,479
  • Jul 17, 2014 9:22am Jul 17, 2014 9:22am
GBPCAD

Another example of identifying PRICE caught in a WEEKLY CONTROL CANDLE (WCC) and then trading the WCC bottom/top range

Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.PNG Size: 51 KB
15 YEARS OF PASR ON FOREX FACTORY!
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