Price at an interesting level{image}
Nice to see you posting!
With respect to Eur/Jpy, what does the BOSS tell you?
Strat's Long Term Stress Free Trading
- #20,922
- Mar 31, 2016 4:54pm Mar 31, 2016 4:54pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
USDCAD
PRICE finally reaches DEMAND level so now we have to WAIT to SEE what the Big Boys do with it.
PRICE finally reaches DEMAND level so now we have to WAIT to SEE what the Big Boys do with it.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,923
- Mar 31, 2016 11:11pm Mar 31, 2016 11:11pm
{quote} Hello Stiellerr Nice to see you posting! With respect to Eur/Jpy, what does the BOSS tell you? {image}
Thanks for the reply, I see your point! & have attached further analysis of the E/J BOSS, please let me know your thoughts
The reason i found the 127.5 level to be interesting the other day (although, not with the immediate boss trend) was
Big Boss immediate trend = Down
Boss in a corrective swing up and approaching boss resistance
Price approaching the top of the controlling candle
Double top on the worker
Worker candles slowing down and respecting boss resistance i.e. growing wicks and tails
As it turns out there was no PA so i stayed away, i have been shorting the swissy, (unlike strat i do not hold a grudge although my account would be much smaller than his!)
Cheers
- #20,924
- Apr 1, 2016 11:44am Apr 1, 2016 11:44am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURJPY
Good analysis - Wild Thing will be proud of you!
The only thing to add is that the Primary Trend is still UP even though it is corrective. This "could" mean that PRICE ACTION on the Worker will be "choppy" until there is a CLOSE below the Strat Shadow.
As far as CHF goes, if you are trading it on short time frames or trading in the direction of SNB protection, you ""should"" be OK - just remember that SNB is a private financial organisation rather than a government body and, as such, are free to do what they want without notice - which they frequently do. I learned a very expensive lesson with them about 6 years ago which kept me out of the last CHF mess which bankrupted many brokers!
{quote} Hello trogger
The only thing to add is that the Primary Trend is still UP even though it is corrective. This "could" mean that PRICE ACTION on the Worker will be "choppy" until there is a CLOSE below the Strat Shadow.
As far as CHF goes, if you are trading it on short time frames or trading in the direction of SNB protection, you ""should"" be OK - just remember that SNB is a private financial organisation rather than a government body and, as such, are free to do what they want without notice - which they frequently do. I learned a very expensive lesson with them about 6 years ago which kept me out of the last CHF mess which bankrupted many brokers!
15 YEARS OF PASR ON FOREX FACTORY!
- #20,925
- Apr 1, 2016 5:32pm Apr 1, 2016 5:32pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURCAD
M1 BOOT CAMP
Just 4 quick trades on M1 to sharpen my skills and make sure my mind is in gear!
M1 BOOT CAMP
Just 4 quick trades on M1 to sharpen my skills and make sure my mind is in gear!
15 YEARS OF PASR ON FOREX FACTORY!
- #20,926
- Apr 1, 2016 5:41pm Apr 1, 2016 5:41pm
EURJPY {quote} Good analysis - Wild Thing will be proud of you! The only thing to add is that the Primary Trend is still UP even though it is corrective. This "could" mean that PRICE ACTION on the Worker will be "choppy" until there is a CLOSE below the Strat Shadow. As far as CHF goes, if you are trading it on short time frames or trading in the direction of SNB protection, you ""should"" be OK - just remember that SNB is a private financial organisation rather than a government body and, as such, are free to do what they want without notice -...
- #20,927
- Apr 1, 2016 7:03pm Apr 1, 2016 7:03pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURJPY
Shooting Star at Strat Shadow resistance - Classic PASR
Once we CLOSE below the long term trend line, there are thousands of pips to be banked
{quote} Thanks for the feedback strat, this is becoming a valuable learning exercise! I see the boss has closed with a shooting star-ish candle at boss resistance. This is my view of it. I will be watching the worker closely next week, and seeing what it does if price closes below the worker strat shadow {image}
Once we CLOSE below the long term trend line, there are thousands of pips to be banked
15 YEARS OF PASR ON FOREX FACTORY!
- #20,928
- Apr 2, 2016 11:05am Apr 2, 2016 11:05am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
PASR - yet another very happy and satisfied member
15 YEARS OF PASR ON FOREX FACTORY!
- #20,929
- Apr 3, 2016 5:33pm Apr 3, 2016 5:33pm
- Joined Jul 2011 | Status: Gold Again | 10,554 Posts
It takes a lot for me to IGNORE you, but you can try.
- #20,930
- Edited Apr 5, 2016 3:31am Apr 4, 2016 11:50pm | Edited Apr 5, 2016 3:31am
EURJPY {quote} Shooting Star at Strat Shadow resistance - Classic PASR Once we CLOSE below the long term trend line, there are thousands of pips to be banked {image}
Can you please explain the difference between trend line "A" & trend line "B" in the image below? What is it that makes you think a break of "B" will set us up for 1000's of pips? i cannot see the difference between the two...
I am watching the worker very closely, currently testing last weeks low, a close below the strat shadow & trend line will definitely get my attention
Some of the other yen pairs are looking very appealing too (quite similar), might be a case of who's the weakest, that is if they don't run off without us!
Cheers
- #20,931
- Apr 5, 2016 1:09pm Apr 5, 2016 1:09pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURJPY
The problem with trend lines is that they are static and often broken and re-tested as described by the Walking Dead in the post above yours.
I prefer to follow the Strat Shadow which, once you learn and understand how to use it, provides DYNAMIC support and resistance.
I follow GBPJPY and EURJPY more closely than other pairs as they provide me with bigger profit potential - more bang for the buck. Both are lining up for a drop although they are currently stalling in consolidation.
To answer your question, take a goosey at the Big Boss which explains everything without wasting words.
As a side note, you should get together with Wild Thing who, like you, is in Kiwi land.
{quote} Hi Strat Can you please explain the difference between trend line "A" & trend line "B" in the image below? What is it that makes you think a break of "B" will set us up for 1000's of pips? i cannot see the difference between the two... {image} I am watching the worker very closely, currently testing last weeks low, a close below the strat shadow & trend line will definitely get my attention
I prefer to follow the Strat Shadow which, once you learn and understand how to use it, provides DYNAMIC support and resistance.
I follow GBPJPY and EURJPY more closely than other pairs as they provide me with bigger profit potential - more bang for the buck. Both are lining up for a drop although they are currently stalling in consolidation.
To answer your question, take a goosey at the Big Boss which explains everything without wasting words.
As a side note, you should get together with Wild Thing who, like you, is in Kiwi land.
15 YEARS OF PASR ON FOREX FACTORY!
- #20,932
- Edited 1:51pm Apr 6, 2016 3:39am | Edited 1:51pm
EURJPY {quote} The problem with trend lines is that they are static and often broken and re-tested as described by the Walking Dead in the post above yours. I prefer to follow the Strat Shadow which, once you learn and understand how to use it, provides DYNAMIC support and resistance. I follow GBPJPY and EURJPY more closely than other pairs as they provide me with bigger profit potential - more bang for the buck. Both are lining up for a drop although they are currently stalling in consolidation. To answer your question, take a goosey at the Big...
Yes there are a few of us kiwi's floating around FF, Trogger - feel free to call in for a beer if you are ever around Hamilton. I always enjoy solving your puzzle's
- #20,933
- Apr 6, 2016 12:15pm Apr 6, 2016 12:15pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #20,935
- Apr 6, 2016 3:05pm Apr 6, 2016 3:05pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
{quote} Hi strat, I left you e message on the members forum, regarding my lifetime membership, but haven't heard back from anyone yet, would you mind looking in to it please. I'm registered as DaveC. you may recall exchanges with me many months ago as I'm from your old stomping ground in Huddersfield. Cheers
See below, Admin is waiting for you to provide your information
15 YEARS OF PASR ON FOREX FACTORY!
- #20,936
- Apr 6, 2016 3:16pm Apr 6, 2016 3:16pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURUSD
BRN 1.14 - the Line In The Sand
BRN 1.14 - the Line In The Sand
15 YEARS OF PASR ON FOREX FACTORY!
- #20,937
- Apr 6, 2016 3:22pm Apr 6, 2016 3:22pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPUSD
BRN 1.4 The Line In The Sand
BRN 1.4 The Line In The Sand
15 YEARS OF PASR ON FOREX FACTORY!
- #20,938
- Apr 7, 2016 4:47pm Apr 7, 2016 4:47pm
- Joined Jul 2011 | Status: Gold Again | 10,554 Posts
It takes a lot for me to IGNORE you, but you can try.
- #20,940
- Apr 13, 2016 4:42am Apr 13, 2016 4:42am
- Joined Jul 2011 | Status: Gold Again | 10,554 Posts
It takes a lot for me to IGNORE you, but you can try.