Strat's Long Term Stress Free Trading

EURJPY

Not buying into this until PRICE closes above the WEEKLY CONTROL CANDLE

EURNZD

Our LONG entries - SUPPORT off the Strat Shadow

EURUSD

LONG and SHORT entries off the Strat Shadow

GBPUSD

LONG entries off the Strat Shadow. WAITING for CLOSE below Strat Shadow to enter short.

With all my respect to you and your work and educational mission Strat. Without you my knowledge about the trading would be very very low...

I have a question....
I understand that we need to open positions in the direction of the main trend, the Boss (on the higher time frame) and to find setup in the Worker(on lower time frame). But I see that you show us (in the last posts)some setups for Long of the pairs EUR/NZD, EUR/USD, GBP/USD ... although the Boss of these pairs pointing down. Please if it is possible, clarify it .

Thanks in advance...

GBPAUD

Long entries (support off Strat Shadow)

GBPJPY

LONG entries off support from the Strat Shadow

GBPNZD

LONG entries (support) off the Strat Shadow

NZDCAD

SHORT entries off the Strat Shadow

NZDUSD

Short entries off the Strat Shadow

USDCAD

LONG entry off the Strat Shadow

USDJPY

LONG entries off the Strat Shadow

Strat, I marked up your last chart with 2 trend lines that have formed a wedge. There looks to be multiple time where price closed above and below that strat shadow that could have triggered a trade. Since we would have hopefully seen price ranging inside the wedge, would the proper play of this be to wait for the extra confluence of price closing above the shadow and closing above the wedge? I feel this would have helped eliminate some false moves. Thoughts?

USDJPY

Yes, using trend lines is one way BUT you would still have been whipsawed because your first trend line in REAL TIME AT THE HARD RIGHT EDGE would have been the blue trend line and you would have gone long after that.

A much better way is to use the WEEKLY CONTROL CANDLE which identifies CONSOLIDATION and therefore MOMENTUM on a CLOSE outside it.

Incidentally, I personally took a long INSIDE the Weekly Control Candle and had to sit through draw down until PRICE closed outside of it but I was not worried because the Strat Shadow was indicating "LONG".

Yeah that's true. There would have been a false entry on 5-11-15 when that green candle closed above the "in real time" trend line. Is that the one you entered one and sat through? Once the WCC broke though, it was off to the races!

USDJPY

No, I entered long on the May 1st candle

Hi Strat.....I ask something above but maybe you did not notice it...I am coping it again...

With all my respect to you and your work and educational mission Strat. Without you my knowledge about the trading would be very very low...

I have a question....
I understand that we have to open positions in the direction of the main trend, the Boss (on the higher time frame) and to find setup in the Worker(on lower time frame). But I see that you show us (in the last posts)some setups for Long of the pairs EUR/NZD, EUR/USD, GBP/USD ...etc.... although the Boss of these pairs pointing down. Please if it is possible, clarify it . I suppose that you have something in mind but for me is not clear.........but very important to understand your view of point...

Thanks in advance...

I'm sorry I missed your earlier post

EURNZD: The PRIMARY TREND has been UP since week ending April 24, 2015

EURUSD: Long entry - the PRIMARY TREND was UP from week ending May 01, 2015 with a Low - High - Higher Low pattern
Short entry - PRICE closed BELOW the Worker Strat Shadow to RESUME the DOWN trend and the PRIMARY TREND changed to DOWN week ending May 22, 2015

GBPUSD: Both Long entries - the PRIMARY TREND was UP from week ending April 24, 2015

PASR trades are ONLY opened in the direction of the PRIMARY TREND - not the "main" trend whatever that may be

Are you selling the current pullback on EUR/USD?

EURUSD

Still holding short from the entry shown on Post 20,403 above BUT there is a POTENTIAL Weekly Control Candle in play so there is the possibility that PRICE could go into consolidation.