to prove success shouldn't be a screenshot of consistant profits during at least 3 consecutive months? Am i wrong?
1
Strat's Long Term Stress Free Trading
- #21,262
- Mar 11, 2017 8:28pm Mar 11, 2017 8:28pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #21,263
- Mar 12, 2017 11:45am Mar 12, 2017 11:45am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #21,264
- Apr 19, 2017 4:24am Apr 19, 2017 4:24am
PASR {quote} We trade the daily using the Weekly and Monthly charts. Having found a set up on the daily we sometimes drill down to the H4 chart. I sometimes trade M5 when I have nothing better to do. You can go on the website and ask as many questions as you want of the membership.
Yes. Exactly.
Boss, BB and Worker ALWAYS the starting point - but having "discovered" the starting point, I see nothing wrong with entering on any lower time frame.
As one of those guilty of submitting charts showing much shorter time frames (usually 15 min from me), I thought I had better make it clear that I am NOT trading 15min charts, despite often entering based on them. Some of my positions remain open for up to a year (and in rare cases, sometimes longer - depending on the Roll ).
Here is my latest: EUR/GBP
Worker with 2 thirds of position closed a few minutes ago at 83.38
The remaining third has target based on weekly:
Limit order in place in case we do re-test the March highs.
From this point on, I am happy to apply my "In-Out, Shake it All About" strategy until the cows come home (or, until Marie Le Pen has a shock win in the first round of french presidential election - in which case, it should be "Sell, Sell, SELL!)
cheers
- #21,265
- Edited 5:54am Apr 19, 2017 5:27am | Edited 5:54am
{quote} I'll stick with shorting Kiwi. Pips to be made there... 15min chart: {image} .. against the right currency. This one is agin ye old GBP. (Though the pound aint quite as GREAT as she used to be!)
Rule, Britannia! Britannia, rule the waves!
Britons never, never, never shall be slaves.
Of course, I ALWAYS fully expected to see her rise again:
When Britain first, at heaven's command,
Arose from out the azure main,
This was the charter of the land,
And Guardian Angels sang this strain:
Rule, Britannia! Britannia, rule the waves!
Britons never, never, never shall be slaves.
and FULLY backed my belief with a fair few longs, I might add:
I managed to get long on 1 March at 1.7185 (lime arrow and rectangle).
Approx 50% of position closed (with various re-entry orders if we see a pull back).
If no pullback, then remaining positions have longer (much longer) term objectives. [ See the Boss and Big Boss]
Another for the "Hokey Tokey" !
- #21,266
- Apr 19, 2017 5:49am Apr 19, 2017 5:49am
{quote} Rule, Britannia! Britannia, rule the waves! ,..............
..........
Approx 50% of position closed (with various re-entry orders if we see a pull back). If no pullback, then remaining positions have longer (much longer) term objectives. [ See the Boss and Big Boss] Another for the "Hokey Tokey" !
Another pair (AUD/CAD) I have been in since 20 March. Managed to get short at 1.0321
Have already closed 3 of 5 positions and set re-entry short if we see a re-test.
Position 4 missed TP (98.75) by approx 50 pips, and watching current level closely right now:
For TP positions 4 and 5 see Boss and BB.
- #21,267
- Apr 21, 2017 12:57pm Apr 21, 2017 12:57pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #21,269
- Apr 27, 2017 10:08am Apr 27, 2017 10:08am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
PASR
Had you actually read the first page you would have answered your own question because SUPPLY and DEMAND is discussed in there.
What information do you need sending? - EVERYTHING a trader needs to be CONSISTENTLY PROFITABLE is in the website stratsforextrading.com
{quote} Hello Strat, I find your amazing web page http://www.stratsforextrading.com/do...g:what_is_pasr raelly fantastic explanation. Please send information, do you ever take into account SUPPLY and DEMAND areas? regards, Dan
What information do you need sending? - EVERYTHING a trader needs to be CONSISTENTLY PROFITABLE is in the website stratsforextrading.com
15 YEARS OF PASR ON FOREX FACTORY!
- #21,271
- May 3, 2017 11:42am May 3, 2017 11:42am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURUSD
PRICE on the Worker is showing an isolated island ascending triangle - something I can't remember seeing on Forex before. ""IF"" this follows similar chart patterns on equities, futures and commodities, we ""should"" see ...........................................................
PRICE on the Worker is showing an isolated island ascending triangle - something I can't remember seeing on Forex before. ""IF"" this follows similar chart patterns on equities, futures and commodities, we ""should"" see ...........................................................
15 YEARS OF PASR ON FOREX FACTORY!
{quote} Another pair (AUD/CAD) I have been in since 20 March. Managed to get short at 1.0321 Have already closed 3 of 5 positions and set re-entry short if we see a re-test. Position 4 missed TP (98.75) by approx 50 pips, and watching current level closely right now: {image} For TP positions 4 and 5 see Boss and BB.
I got multiple re-entries short at 1.0320 on 2nd of May
Limit orders with TP set at 100 and 200 pips for half of these entries already taken (reached earlier today).
Remainder remain open looking for parity - or, of course, a further round of re-entries short should we see this pair back at 1.03+
Important to remind that my position based on longer term charts.
I will continue doing the "Hokey-Tokey" with this pair until we see a clear breach of either 1.04 or 0.96
If we breach 1.04, profits already taken more than cover remaining positions. If we breach 0.96, I retain a small position and look to PA after the breach as my guide.
{quote} I got multiple re-entries short at 1.0320 on 2nd of May {image} Limit orders with TP set at 100 and 200 pips for half of these entries already taken (reached earlier today). Remainder remain open looking for parity - or, of course, a further round of re-entries short should we see this pair back at 1.03+ Important to remind that my position based on longer term charts. {image} I will continue doing the "Hokey-Tokey" with this pair until we see a clear breach of either 1.04 or 0.96 If we breach 1.04, profits...
Another one off [ order 2870156 on the chart posted earlier today] at 1.043.
Now, I would like to see this back up for a re-load short. But what we like and what we get in forex ain't always the same thing!
So still have some of my shorts on and we wait and see.
Examination of AUD versus other pairs might be smart way to get some insight at this point.
Anyone watching Aussie -Kiwi?
- #21,274
- May 10, 2017 6:51pm May 10, 2017 6:51pm
{quote} Another one off [ order 2870156 on the chart posted earlier today] at 1.043. {image} Now, I would like to see this back up for a re-load short. But what we like and what we get in forex ain't always the same thing! So still have some of my shorts on and we wait and see. Examination of AUD versus other pairs might be smart way to get some insight at this point. Anyone watching Aussie -Kiwi?
Well, anyone other than me?
Longer term charts to predict reaction around 1.0620 [Feb 28 low, Nov 2016 highs]
Of course, the appointment of outgoing Reserve Bank Governor Mr Wheeler to a position with NZ Railways department for ensuring passenger train punctuality did not hurt one little bit! Thank you, Guv'.
- #21,275
- Jun 2, 2017 10:20am Jun 2, 2017 10:20am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
AUDNZD
Prepare for landing - PRICE approaching long term support - will probably waffle around for months
Prepare for landing - PRICE approaching long term support - will probably waffle around for months
15 YEARS OF PASR ON FOREX FACTORY!
- #21,276
- Jun 4, 2017 12:22pm Jun 4, 2017 12:22pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
NZDUSD
H4 trading using DAILY
H4 trading using DAILY
15 YEARS OF PASR ON FOREX FACTORY!
- #21,278
- Jun 5, 2017 11:24am Jun 5, 2017 11:24am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #21,279
- Jun 6, 2017 12:44am Jun 6, 2017 12:44am
I've read the free articles in your website and had finished reading all the posts by Trogger inside this thread. Definitely, I am going to follow both of you. I am following Trogger's style of trading now.
