USDJPY S/R chart — Blackeagle, I appreciate the details about drawing the SR lines. That helps me understand more about how to set them up. If you don't mind, take a look at this boss USDJPY chart and let me know if I'm getting close to right ...

Strat's Long Term Stress Free Trading

SR levels on EURGBP — Check out the PA at these SR levels on EURGBP almost exactly 100 pips apart. image

Strat's Long Term Stress Free Trading

Congrats, m. Sounds like you have come a long way and you're finally finding success.

Strat's Long Term Stress Free Trading

Great explanation of a trade. — Strat, Your explanation of how this traded developed over time was very helpful. This kind of of description along with the chart is helping me more than anything, at my level. I'm definitely seeing an ...

Strat's Long Term Stress Free Trading

Strategy tester for step-by-step — Hi m, I tried using an ea in the strategy tester like you describe here and it works very well. It's the best way to "f12" your way through a chart. You can see the candles better and set it to the speed you ...

Strat's Long Term Stress Free Trading

Strat, Thanks for taking the time to answer my question about the Big Boss hammer on USDCAD and how it can be an indication of a potential trend change, but we need to watch price action and not jump to conclusions yet. Very helpful.

Strat's Long Term Stress Free Trading

I'm sure if you want to try to trade news release spikes you can surely find some guru out there that will sell you a service that tries to trade that way. In the early days of retail forex trading there was a way to straddle the market and because ...

reliable opinions

I agree with you coscorp. I traded on demo for two years, trying everything under the sun but never became consistently profitable until I started learning about Price Action and got away from the short timeframes. I was expecting too much profit, ...

Any advice for new guy?

Thanks a lot, friend. I just didn't know if the DSRI could be used the same way as any trendline or horizontal SR level for PASR. And I agree long is not the way to go right now unless you were trying for a quick ATM trade up to the 1.0650 SR area. ...

Strat's Long Term Stress Free Trading

I have a two questions about the chart here. First, do I have the DSRI line drawn correctly? And secondly, in the inset you can see there is a BUOB directly above what I assume to be the DSRI. I'm just using this as an example because the bar has ...

Strat's Long Term Stress Free Trading

Hi soso, I'm seeing it the same way. The 1.0650 area appears to be a good SR area, and is also near the fib 50 taken from 1.0868 to today's low of 1.0415 (so far.) If price retraces back to the 1.0650 area and if that resistance holds and if there ...

Strat's Long Term Stress Free Trading

USDCAD BB Hammer — Strat, I'm still around. Have not dropped out. For the last few weeks I was going back and looking for shooting stars and hammers and PASR on past charts. With some days on the thread getting 70-80 posts I fell way behind. ...

Strat's Long Term Stress Free Trading

I don't know if most pros use PA but I do know that most indicators are simply derivitives of price movement and as such, always lag. I have recently shed myself of the need to rely on indicators and am making better trades now. PA is harder to ...

Price Action Trading

Congratulations, mstandifer. Psychologically, I have trading whipped and I own her! If you have made it to that point then I do believe you have taken a major step forward on the path of learning. Thanks too, for posting your trade analysis. It's ...

Strat's Long Term Stress Free Trading

I'll do it. Thanks.

Strat's Long Term Stress Free Trading

Placed a trade in NZDUSD today. Continuation of uptrend. Break above top of hammer off of support and retrace to fib 50. image

Strat's Long Term Stress Free Trading

Welcome — Welcome GreatYves. I have read several other trading system. So many that i became confuse as to wich to use. I tried many like harmonic trading and elliot wave and box trades and renko, because any MA method i found was bad in ...

Strat's Long Term Stress Free Trading

Hi Arthur, Good trade. That looked like a great setup on your chart. It would have made a good profit. I was hoping to get in on this one too but there was no SS on my chart. You must have a different daily closing time on the bars than I do. And if ...

Strat's Long Term Stress Free Trading

breakout — Looks like a solid breakout to the upside on AUDJPY. I'm waiting for a possible pullback to the top of the trading range channel and PASR to go long. If there is a good entry, target will be around 81.50 area. image

Strat's Long Term Stress Free Trading

This guy, samer960 seemed to be offended by my comment about him here, judging by his PM he sent to me today. I advised him not to be so sensitive, and to post any useful or helpful tips he has to help us all learn here instead of privately. I'll be ...

Strat's Long Term Stress Free Trading