Strat's Long Term Stress Free Trading

EURUSD

Our WEEKLY CONTROL CANDLE keeps us away from trading the Daily so we drop down to H4

AUDNZD

PRICE is trapped inside our WEEKLY CONTROL CANDLE so we don't trade this on the Daily UNTIL PRICE CLOSES OUTSIDE the WEEKLY CONTROL CANDLE

AUDUSD

PRICE is trapped inside our WEEKLY CONTROL CANDLE so we don't trade this on the Daily UNTIL PRICE CLOSES OUTSIDE the WEEKLY CONTROL CANDLE

USDCHF

PRICE is trapped inside our WEEKLY CONTROL CANDLE so we don't trade this on the Daily UNTIL PRICE CLOSES OUTSIDE the WEEKLY CONTROL CANDLE

PASR

Since the first stock markets in Europe in the early 1700s, the rules for trading have remained THE SAME despite all the advancements in technology - the RULES of SUPPLY and DEMAND - BUY at SUPPORT and SELL at RESISTANCE.



This is NOT Rocket SCIENCE and there is NO NEED for Rocket Science - THE RULES OF SUPPLY & DEMAND NEVER CHANGE

BUY at SUPPORT and SELL at RESISTANCE

This is as SIMPLE as it gets and as the great SCIENTIST said:

GBPJPY

There is NOTHING more POWERFUL than PRICE ACTION at SUPPORT and RESISTANCE

EURJPY

There is NOTHING more POWERFUL than PRICE ACTION at SUPPORT and RESISTANCE

THE PATH in the FREE SECTION on www.stratsforextrading.com

One of our students has posted these comments (in blue italics) on his own free will within THE PATH on www.stratsforextrading.com

Thank you, Leszek.

*^*^I never wanted to pay for my Forex education. I planned not to take money from anybody if I would become successful in Forex. I bought only a few books and read the internet and spent a lot of time with charts. One Polish man trading for living refused me his help without money. Another the same successful Polish trader was very willing to devote some his time no asking about money. Finally I felt a bit awkward because I knew he sold his Forex seminars. It was three years ago. After that time I can say that I wasn't ready then. I decided to change my mind and join in here as a paying person because I was struggling with technical Forex skills. The second part of trading its psychology is more friendly for me because of my personal interests and living spiritual life. This offer is at a reasonable price and give me a possibility to have a good support for longer time. I was convinced by the personality of Strat. *^*^

Here you will learn to trade Forex using PASR ( Price Action Support and Resistance ). These methods are not new or unique and we make no claims to inventing Price Action analysis as many others may, which is why the basic methods are posted here for all to see.
*^*^
For me the best thing is that behind this method I have a real successful experienced and sincere person who is in everyday Forex action. *^*^

PASR is reasonably simple to learn, with only a few high probability set-ups to consider. The hard part is actually putting this knowledge into practice and becoming profitable in its application. This entire website is centred around applying Forex Price Action techniques in a controlled and disciplined manner in order to become a profitable trader. Sounds simple ? - think again.
*^*^ For me is not such simple but not too complicate as well. I slowly discover constantly repeating and high probability set ups. I start to feel necessity of harmony between Boss and Worker *^*^
This documentation must be read in its entirety before posting on the forum where all members are supported by mentors and each other while progressing as Forex traders..

Strat our head trainer is very perceptive and will know straight away if some one is posting on the forum without reading this complete document set. Both this and forum participation / contribution is required of all members as they provide a very valuable resource and experiencing our journey will only enrich yours.
*^*^ I read all the time new posts especially Strat's post and slowly adopt new elements to my experience. I didn't plan that but my monthly contribution is convenient for me. I feel comfortable and concentrated on my trades. *^*^

EURUSD H4

While we are not trading EURUSD on the Daily time frame because of the Weekly Control Candle, we can trade it on H4 within the Weekly Control Candle.

We had PASR - Hammer at Support (first green arrow), followed by confirmation of buyers (second green arrow) and CLOSE above the Strat Shadow (third green arrow).

Take Profit is in the region of the Weekly Control Candle resistance

No Rocket Science here - just plain old boring PASR

GBPCHF

PASR opportunities GALORE on GBPCHF

Early warning of top on September 19
Further warning of top on September 25
Shooting Star at RESISTANCE on September 30
Confirmation Shooting Star on October 1
BEEB on October 2
Inside Candle on October 6
Inverted Hammer at RESISTANCE on October 7
CLOSE below Strat Shadow today
Take profit at SUPPORT

980 pips so far and we haven't reached support yet!

NZDCHF

One of many examples showing how IMPORTANT our WEEKLY CONTROL CANDLES are in SUPPORTING PRICE

SILVER

We don't just trade FOREX, we also trade other financial instruments, like the shiny stuff - all with the same success and profitability using PASR

i have registered at strat site but i was not allowed to view message in the forum each time i tried it i always get this message (You do not have the required permissions to read topics within this forum.)

Hi strat,

Your system is very impressive. I also see you post nearly 2000 pictures/charts and most of them are in history (I don't see any pending analyses/signal charts). May I have some questions?

1. How do you get your Weekly Control Candle R/S?
2. Can you post 10 charts analyses/signal with SL/TP price (which will forecast price will moves in the future)?

Thank you in advance.

Geez Strat....Don't do that to me. You post "980 pips so far" while I thought I had a pretty logic entry and got a "mere" 130 pips out of it so far. Seems, I still must be doing some things severely wrong.

When you enter the Site there are 4 Sections: HOME; ABOUT; THE PATH and FORUM

The first 3 Sections, HOME, ABOUT, THE PATH are FREE

The FORUM where teaching, mentoring and trading takes place is only accessible by subscription.

Thank you for your inquiry.

When I started this thread in February 2009 I did detailed analyses of just about every pair to explain PASR. My style from day 1 was NOT to spoon feed (give signals/trades) but to teach students how to get the signals for themselves, in other words, give a man a fish (signal) and he can eat for one day but TEACH a man to fish (PASR) and he can feed himself for the rest of his life. With the introduction of www.stratsforextrading.com, we transferred detailed analysis and actual live trading to THE FORUM.

I encourage everyone to learn PASR and post their analyses on here for comment. There are many people who have learned PASR and are now trading on their own in private outside of public forums.

I have occasionally had moments of weakness and given trades (signals) on here and if you look at my recent posts, I am indicating where we will close our trades and Take Profits (TP). I have also posted on here extracts from THE FORUM where I have posted warnings and important messages for the membership.

1. How do you get your Weekly Control Candle R/S?

The Weekly Control Candle was developed by me on THIS THREAD so if you take the time to read it you will find more information on it. I regret I am unable to explain in detail here as that would be unfair to subscribers of www.stratsforextrading.com where we have a separate thread discussing this in great detail. Our first 4 STAR trader then took the Weekly Control Candle and used it to filter out false swings.

2. Can you post 10 charts analyses/signal with SL/TP price (which will forecast price will moves in the future)?

NO! There is NO TRADER currently living or in the past who can/could forecast PRICE into the future. All we can do is base our trades on what we SEE happening NOW.

What we have NO CONTROL over is EXTERNAL FORCES. As an example, we can have everything, including the stars, all lined up for a Classic 5 STAR PASR (highest probability of success) trade and then War breaks out somewhere, or Nature inflicts deadly damage (Tsunami, Hurricane, Tornado etc) or a country makes a drastic change to its interest rate or, what happens when you least expect it, a major Bank intervenes and our Stop Loss is immediately hit.

With regard to forecasting PRICE into the future, I have copied here my "Dr. Joe" post which I posted on this thread several years ago.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Dr Joe and Trends
Thank you for the PMs on indicators and price action. Rather than answer individually, I will do it through this post, if I may.

I’m not here to fight with anyone over whether to use indicators or not for we have a larger fight with the market makers than amongst us little guys. I respect the traders who can make consistent profits with indicators as it is something I have tried and cannot do. If anyone has an indicator that produces CONSISTENT profits then, please, show us the way.

In the meantime, I will continue with what works for me: raw price action using price, S&R, momentum, exhaustion, cycles, time, harmonic analysis, market sentiment with a splash of funny mentals thrown in.

With regard to my transition from having indicators up the ying yang on my charts to now with just my Strat Shadow, I need to share my experience with an old time trader, Dr. Joe, which will also show how stubborn I was.

Back in the early 90s when I was getting really serious with my trading, I was buying signals via fax. In those days there was no email and no computer trading and we had to either plot our own charts or buy them from a charting service. We then had to calculate our own indicators and then hand draw them on our charts. This really helped in understanding what indicators did (take the data from “n” days ago), how they worked and more importantly, what they didn't do.

One time I faxed my questions back to the signal service and the reply I got back was that I had sent it to the wrong number. Also written on my fax was that I was wasting my money on signals and to contact Dr. Joe. After a few fax exchanges, he sent a handwritten fax saying something like “trading is easy, you don’t need nuthin fancy (he was a good old Texas boy) just buy when it’s going up and sell when it’s going down, that’s all there is to it”.

Dr. Joe used to work for NASA as a nuclear physicist on the Space Program and was a Professor, PhD with just about every physics and maths qualifications there are or you could think of. He got fed up of the bureaucracy and politics at NASA and as a part time investor in stocks , decided to go full time as, in his own words, “the price cycles are just some sort of fancy sine waves with decay and acceleration distorting them and should be real easy to plot and forecast.”

Well after over 5 years doing triple integrated, double differentiated Fourier transforms, harmonic frequency analysis, fractal filters and theorems and goodness knows what else that, although I have a PhD, just ran circles around me. He said he got so frustrated that although he could plan and predict space craft trajectories, orbits, landings etc, he could not forecast even one bar of prices into the future. Not one to quit, he decided that there was some external force that he was not taking into consideration and the only place it could be was on the trading floor where the action took place.

Through his connections, he eventually got an invitation to the Chicago Mercantile Exchange (CME) and was shown the futures or commodities pit (can’t remember which). His sole purpose of going there was as a spy or detective to find out exactly how things worked so that he could write it into his software. He told me he was “amazed and dumbfounded” at what he saw and heard which forever changed his life. (I had all this written up in my trading notes in my files but I can’t find them so I’m using this post to “replenish my notes”).

He arrived at the pit before opening time and saw all the floor traders congregated together in a meeting. He saw this as strange as he thought they were out and out competitors with each other.

What he saw in the first 15 to 30 minutes he would never have believed even if his best friend had told him. At the open, the overnight trades, which were long positions, were put through but he detected the traders entering them were giving signals to the other traders. After the orders were put through there was “nothing” – they just waited to see how the market reacted to those orders.

He then observed what he thought were illegal practices but later learned it to be what actually goes on each and every day. During this “dead” time, the floor traders were reviewing their orders in the pipeline and then on a given signal, a group started selling followed by another group. Then when a certain lower price had been reached, another signal was given and the same groups then bought back amongst themselves. He later learned this was called “Running the Stops” and what they had done was found out where all the orders were, which were below lows, swing lows and elsewhere, and just driven the price down to fill them and take them out so that they had a clean order sheet! Not satisfied with that, they then collectively took the price back to where it opened!

After this and now with the market moving, orders started to come in and when a large order came in from a bank, fund or other large institution, the trader with the order gave a signal before entering it. After entering it, the traders went quiet again. They were looking to see how the market reacted to that order. When they saw more buy orders coming in, they just bought more and more and kept on buying until a signal from a trader that he had a large sell order. Again the sell order was entered and the traders went quiet as they waited for a reaction from the market. He learned that the floor traders were waiting to see whether the sell order was going to be accepted as profit taking or full blown shorting. He said this went on all day long with the floor traders just “piggy-backing” on which ever way the market moved. He said he could see no skills or qualifications (other than being a whore – a very rich whore, he said) whatsoever in what the floor traders did.

On his way back to Houston, he thought about how to use what he witnessed to HIS advantage.

His first action was to throw out all his indicators, forecasts and technical analysis. He told me that there is no analysis, indicator or other program now or in the future, that can analyse or predict human behaviour and specifically, human emotions. He had seen for himself that there was nothing technical or logical in how the floor traders (now better known as Market Movers) traded and therefore any analysis or thinking from “off the floor” was an absolute waste of time.

His second action was how to beat “those whores” on the floor as he called them. He said he thought over just about every scenario imaginable and just as he was running out of ideas, it came to him. If you can’t beat, them join them although as a very devout and God fearing Christian, he didn’t think it was ethical. Unable to find another alternative, he decided he had no options left but to try and do, “off the floor” what they did on the floor.

From this came his very simple method:

Buy when it goes up and sell when it goes down.

He went on to make $millions doing this and I subsequently learned he passed away a very rich and contented man knowing that he had beaten the “whores” at their own game.

I learned all this in a few telephone conversations with him but he lost his patience with me when I still questioned his method. He wouldn’t answer my calls so I reverted back to faxes. Again, I can’t remember it word for word but I sent a simple fax saying:

“How do you know when to stop buying?”

On the same fax was his handwritten reply, “When it stops going up.”

So I wrote on it, “How do you know when it stops going up?”

His handwritten reply, “When it starts going down.”

So I wrote on it, “How do you know when it stops going up and starts going down?”

His handwritten reply, “When people start selling.”

After going round like this in riddles, I pleaded with him to “just give it to me straight”.

He sent a fax saying this would be his last communication with me and that if I didn’t understand how to buy when it goes up and sell when it goes down, I had no business trading.

His final paragraph was one which I ignored, like everything else he told me, until a couple of years ago when I realized what a dumb, stupid, arrogant, stubborn idiot I had been:

He said I would only be wrong twice using his simple method:

“Once when you buy at the top and once when you sell at the bottom.”

I just ignored this as a smart – ass answer but still tried to do what he said. Unfortunately, and as Sod’s law dictates, I tried to do it in a consolidation and lost on every trade which had me buying when I should have been selling etc.

I tried and lost again and then eventually lost my way in the quest for the Holy Grail in Indicator Land.

Now, with all my experience and thousands of lost $ behind me, the light came on!

My understanding of what he was telling me is this:

Buy when prices are moving up. Buy each retrace/dip. Keep buying until the last retrace becomes a trend change which is the one trade you lose on.

Sell when prices are moving down. Sell each retrace/rally. Keep selling until the last retrace becomes a trend change which is the second trade you lose on.

I have not traded like this as I have my own method/style now but on the look backs I have done it works very well. Obviously, the trendier the price, the better it works.

In my later communications with other floor traders, I told them about Dr. Joe and what he told me, and asked them if it was true. As you would expect, each and everyone vehemently rejected it as absolute rubbish.

Sometimes I wonder if old Dr. Joe was smoking something but then when I see those long legged neutral dojis before a significant move, I know he was right.

Thank you, Dr. Joe

Rock n Roll, Strat
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Our first 4 STAR trader is intent on being the next "Dr. Joe" and ONLY trades CONFIRMED TRENDS using PASR and has since written rules, guidelines and qualifying criteria for our membership. He trades trends far better than I could ever do and is WELL ON HIS WAY to being the next "Dr. Joe".

If you UNDERSTAND the above "Dr. Joe" post and apply the methodology, you will know MORE, and be MORE successful and PROFITABLE than the 95% who frequent FOREX forums.

I encourage you to post YOUR charts and analysis for comment which will ALWAYS receive a reply.

You are not doing ANYTHING wrong, just NOT ENOUGH once you have identified a swing/trend.

If you read and UNDERSTAND my "Dr. Joe" post you will know what ""I"" do and what YOU need to do to maximise your returns. Feel free to ask any questions on here or the "other place".

GBPUSD

Another PASR signal to ADD ON to our many shorts

PASR TREND TRADING is where the money is made. We NEVER, EVER fight a trend! When EVERYTHING on our chart is RED, the ONLY thing we look to do is SELL. In true Dr. Joe style, WE don't stop SELLING until the SELLERS stop selling and the BUYERS start BUYING!




And while I'm at it, a STRONG TREND has NO RESPECT and doesn't give a rat's ass for indicators and their ""DIVERGENCES!""

EURUSD

Similar to GBPUSD except the STRONG TREND is weakening slightly.

Two PASR signals to ADD ON SHORT in 4 days



Just to repeat: A STRONG TREND has NO RESPECT and doesn't give a rat's ass for indicators and their ""DIVERGENCES!""