When I've had time in the last month I've been attempting to study Elliot Wave theory in an effort to help me get into fewer trades with a higher probability. My idea is to have extra confluence and narrow down my focus by having an idea when price ...

Strat's PASR Long Term, Stress Free Trading

Very nice trade Rub. I didn't see that one at all! Expertly added on to as well.

Strat's PASR Long Term, Stress Free Trading

Darko, you are better than you think. I've had a hard month recently and it's knocked my confidence too. This month though I've refocused and learned from my results and you just need to do that too. Learn, wipe the slate clean, concentrate on the ...

Strat's PASR Long Term, Stress Free Trading

The moving average is an average of the close prices over 200 candles. If the close is different the MA will be different.

Strat's PASR Long Term, Stress Free Trading

I've turned off my charts. Have 2 or 3 setups that look like I'd take them normally but can't bring myself to do it today so turned off MT4 completely. Only way to make sure I won't get myself into trouble! Fridays are hard enough without the ...

Strat's PASR Long Term, Stress Free Trading

Ali, If you are trading the daily chart (worker) you need to check your charts daily. I had the same issue as you at the start and it drove me mad. My little people would see price not doing what I wanted and would make me close my position. Then it ...

Strat's PASR Long Term, Stress Free Trading

Have to agree with CJ here. This is a ranging pair and until Brexit is sorted out it probably will stay that way. Ripe for basic PASR trades up and down in the range. You are approaching the top of the weekly at some point, possibly this week so I'd ...

Strat's PASR Long Term, Stress Free Trading

Very nice trade Rufus. If I wasn't tucked up in bed I'd have been on that with you too!

Strat's PASR Long Term, Stress Free Trading

Thing to remember is we've no idea what will happen and just need to get on the train with the rest of them. This pair seems to be quite regular with it's stops at the stations but at some point the drivers going to say screw it I'm not stopping ...

Strat's PASR Long Term, Stress Free Trading

Hi Rub, USD/CAD While it's just put in a nice BEEB on H4 theres no real room for it to move down there. I'd be more inclined to see what happens when price gets down to that area. History tells us to pay attention at that level but price hasn't ...

Strat's PASR Long Term, Stress Free Trading

Yes Rub that was my thoughts. While it's not technically an inside bar as the close was lower than the one before look at the long tail on the previous candle and then the same rejection again. As it didn't CLOSE below support it was a possible ...

Strat's PASR Long Term, Stress Free Trading

Hi CJ. I'm not quite sure what you mean by deal with it. It just rejected the support area again so another string to add to the bow along with previous rejection and the 200MA. My entry was on a lower time frame after that candle had closed and ...

Strat's PASR Long Term, Stress Free Trading

Meanwhile in the UK, while Rufus and Darko were having a coffee......... Little bit of BASIC PASR to keep my eye in while it's quiet. Little unorthodox this one. Spotted the support area while looking at the H4 charts on my scan through. Nice ...

Strat's PASR Long Term, Stress Free Trading

You are quite correct Strat as always. I'm trading this off the H1 chart so the H4 is my boss. Should have posted my H1 chart but was responding to someone elses post so got a bit sidetracked. I took the entry off the nice BEEB on the H1 but I ...

Strat's PASR Long Term, Stress Free Trading

If I'd have seen your charts I probably would have thought twice about an entry there but mine tell a different story. US close candles look totally different to your chart and to me look like we're in a consolidation area where I'm expecting price ...

Strat's PASR Long Term, Stress Free Trading

Hi Victoria, How I handle a trade and approach stops may not be right for you but have a read of this post which may help you understand how I approach risk. url Personally I like to set an amount I'm happy to lose on a trade and don't just get in ...

Strat's PASR Long Term, Stress Free Trading

Hi Victoria, Your stop I think was probably way too tight on that trade. If you are trading a swing you need to let the trade breathe. One thing I've learned the hard way is to give price room to breathe. Some people trade tight stops and just keep ...

Strat's PASR Long Term, Stress Free Trading

Yes I've just had a look through that on the daily and it's a hard one to pick entries on. Because it's such a wild pair with a big ATR the day candles are long. By the time they close theres not a lot of R:R there for you. On H4 though there were ...

Strat's PASR Long Term, Stress Free Trading

Hi Rub, Just an observation here and may not be something you want to explore further but thought I'd throw it out there. You said in your reply "Not off the top of my head, but most of the pairs I watch are in a WCC and sometimes time away can ...

Strat's PASR Long Term, Stress Free Trading

As Darko said but also you entered a new NZD 12 hours before major red news. If you are going to trade lower time frames like H1 you need to keep an eye at least a day or two ahead on news in case the pair moves slowly.

Strat's PASR Long Term, Stress Free Trading