GBPJPY
PRICE at SR
Waiting for the Big Boys to show us their next move
PRICE at SR
Waiting for the Big Boys to show us their next move
15 YEARS OF PASR ON FOREX FACTORY!
Strat's Long Term Stress Free Trading
- #20,441
- Jun 15, 2015 4:40pm Jun 15, 2015 4:40pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
- #20,443
- Jun 16, 2015 8:45am Jun 16, 2015 8:45am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURAUD
When PRICE is within a WEEKLY CONTROL CANDLE which tells us of consolidation, the trader has two choices. He can either wait for PRICE to CLOSE outside the WEEKLY CONTROL CANDLE or trade basic PASR within the WEEKLY CONTROL CANDLE.
PRICE is currently supported by the Strat Shadow in an UP Primary Trend and is currently resting awaiting buyers. As long as PRICE remains supported by the Strat Shadow and as long as the Primary Trend is up then it is bullish. The decision to buy or not rests entirely with each trader and his tolerance for RISK.
About EURAUD If currently is in a WEEKLY CONTROL CANDLE do we have to wait till it closes outside in the WEEKLY timeframe or you buy on PA with the strat shadow? You said PRICE supported by Strat Shadow so BUY back into PRIMARY TREND Can you further explain. {image}
PRICE is currently supported by the Strat Shadow in an UP Primary Trend and is currently resting awaiting buyers. As long as PRICE remains supported by the Strat Shadow and as long as the Primary Trend is up then it is bullish. The decision to buy or not rests entirely with each trader and his tolerance for RISK.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,444
- Jun 16, 2015 5:03pm Jun 16, 2015 5:03pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURGBP
SELL back down to Support = Basic PASR trade
SIGNAL: BEOB on IB rejected by Strat Shadow
SELL back down to Support = Basic PASR trade
SIGNAL: BEOB on IB rejected by Strat Shadow
15 YEARS OF PASR ON FOREX FACTORY!
- #20,445
- Jun 16, 2015 5:23pm Jun 16, 2015 5:23pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPNZD
Based on what we SEE on our charts, it seems the Big Boys are shooting for the next SR which is BRN 2.4
If not already LONG, we need to WAIT for a pull back to the Strat Shadow on H4/H1 though with GBP being so strong and NZD being hopelessly weak, this may not happen.
GBPJPY PRICE at SR Waiting for the Big Boys to show us their next move {image}
If not already LONG, we need to WAIT for a pull back to the Strat Shadow on H4/H1 though with GBP being so strong and NZD being hopelessly weak, this may not happen.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,446
- Jun 16, 2015 5:30pm Jun 16, 2015 5:30pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPUSD
Next stop - top of Strat Shadow at BRN 1.6
Next stop - top of Strat Shadow at BRN 1.6
15 YEARS OF PASR ON FOREX FACTORY!
- #20,447
- Jun 16, 2015 5:37pm Jun 16, 2015 5:37pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
NZDCHF
Double bottom and 75% of the ""W"" bottom formation.
Double bottom and 75% of the ""W"" bottom formation.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,448
- Jun 16, 2015 5:42pm Jun 16, 2015 5:42pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
NZDJPY
All hell could break loose if this support doesn't hold
All hell could break loose if this support doesn't hold
15 YEARS OF PASR ON FOREX FACTORY!
- #20,449
- Jun 16, 2015 5:47pm Jun 16, 2015 5:47pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
NZDUSD
All hell could break loose if this support doesn't hold
All hell could break loose if this support doesn't hold
15 YEARS OF PASR ON FOREX FACTORY!
- #20,450
- Jun 16, 2015 5:53pm Jun 16, 2015 5:53pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
USDCAD
Gone into hibernation!
This and EURCHF are especially good for those who suffer with insomnia
Gone into hibernation!
This and EURCHF are especially good for those who suffer with insomnia
15 YEARS OF PASR ON FOREX FACTORY!
- #20,451
- Jun 16, 2015 6:00pm Jun 16, 2015 6:00pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
USDJPY
BUYERS in the Strat Shadow STOPPED the sellers DEAD in their tracks!
BUYERS in the Strat Shadow STOPPED the sellers DEAD in their tracks!
15 YEARS OF PASR ON FOREX FACTORY!
- #20,452
- Jun 16, 2015 6:04pm Jun 16, 2015 6:04pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPJPY
PASR TREND TRADING
If you can't make money trading this then forget about trading and take up knitting!
PASR TREND TRADING
trend trading pasr trend trading
15 YEARS OF PASR ON FOREX FACTORY!
- #20,453
- Jun 17, 2015 4:54pm Jun 17, 2015 4:54pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURAUD
PRICE is near resistance so any new longs at this level are high RISK.
If PRICE can CLOSE above 1.48 then the next resistance is BRN 1.53
The only problem with this is that both EUR and AUD are very WEAK currencies with EUR being the stronger of the two. EUR is very sensitive to the Greece situation and will turn on any negative news.
PRICE is near resistance so any new longs at this level are high RISK.
If PRICE can CLOSE above 1.48 then the next resistance is BRN 1.53
The only problem with this is that both EUR and AUD are very WEAK currencies with EUR being the stronger of the two. EUR is very sensitive to the Greece situation and will turn on any negative news.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,454
- Jun 18, 2015 8:58am Jun 18, 2015 8:58am
AUDNZD Wild Thing - I bet this makes you happy {image}
Definitely not unhappy, that's for sure.
Took this pic a couple of hours after your post, to try and indicate my thinking for future of this trade.
I was down to approx. two thirds of original position when you posted, having reached 1.09/1.10, but have today reduced to just 15% of original position once we cleared 1.12
Oh, and I had wee chat with Mr Crocodile about his bad breath too, as we parted company.
(Actually, we had this chat at the end of April - April 28, according to my chart).
cheers
- #20,455
- Jun 18, 2015 9:22am Jun 18, 2015 9:22am
{quote} Definitely not unhappy, that's for sure. Took this pic a couple of hours after your post, to try and indicate my thinking for future of this trade. {image} I was down to approx. two thirds of original position when you posted, having reached 1.09/1.10, but have today reduced to just 15% of original position once we cleared 1.12 Oh, and I had wee chat with Mr Crocodile about his bad breath too, as we parted company. {image} (Actually, we had this chat at the end of April - April 28, according to my chart). cheers
Current open positions
I don't expect to hold above 1.13 on this run - but you never know...
- #20,456
- Jun 18, 2015 5:54pm Jun 18, 2015 5:54pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
AUDNZD
Not being critical Wild Thing, just identifying other trades taken by PASR Trend Trading.
Your trades are the green arrows
#1 is a much earlier entry with PRICE closing above the Strat Shadow
#2 is a "standard" entry off a bull flag
#3 is a standard trend line break entry along with your trade with PRICE supported by the Strat Shadow
#4 is another standard trend line break
#5 is a standard breakout after a PAUSE
But, of course, you knew all that.
Still wondering what a crocodile with bad breath is?
{quote} Current open positions {image} I don't expect to hold above 1.13 on this run - but you never know...
Your trades are the green arrows
#1 is a much earlier entry with PRICE closing above the Strat Shadow
#2 is a "standard" entry off a bull flag
#3 is a standard trend line break entry along with your trade with PRICE supported by the Strat Shadow
#4 is another standard trend line break
#5 is a standard breakout after a PAUSE
But, of course, you knew all that.
Still wondering what a crocodile with bad breath is?
15 YEARS OF PASR ON FOREX FACTORY!
- #20,457
- Jun 19, 2015 4:40pm Jun 19, 2015 4:40pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPAUD
ROBBING THE BANK STRATEGY
This is another example of trading my ROBBING THE BANK STRATEGY taught on www.stratsforextrading.com
Set the trade early evening (my time PST) and wake up to a truck load of pips!
Only took 2 minutes including placing the trade.
ROBBING THE BANK STRATEGY
This is another example of trading my ROBBING THE BANK STRATEGY taught on www.stratsforextrading.com
Set the trade early evening (my time PST) and wake up to a truck load of pips!
Only took 2 minutes including placing the trade.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,458
- Jun 19, 2015 4:56pm Jun 19, 2015 4:56pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPNZD
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at 2.2260
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at 2.2260
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
15 YEARS OF PASR ON FOREX FACTORY!
- #20,459
- Jun 19, 2015 5:05pm Jun 19, 2015 5:05pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPUSD
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at 1.5550
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at 1.5550
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
15 YEARS OF PASR ON FOREX FACTORY!
- #20,460
- Jun 19, 2015 5:14pm Jun 19, 2015 5:14pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPJPY
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at BRN 192
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
Having previously given back lots of profits trend trading this pair due to its volatility, I had previously closed all trend trades at the CLOSE of last week at BRN 192
I am now trading this WEEK by WEEK so that all I can lose at the end of the week is whatever the Market gave me. The Market can't touch my BANKED profits.
Trading the Boss open above last week's close and closing at Market close today was very profitable.
Let's SEE what next week brings!
15 YEARS OF PASR ON FOREX FACTORY!