Yep, I see your reasoning. If I'm looking at a RR of 1:1 the probabilities have to be very high, like 80/90% but to be honest I try not to take them these days as there are easier trades to find. Selling into support can be tricky and expensive.... ...

Strat's PASR Long Term, Stress Free Trading

USDCAD image

Strat's PASR Long Term, Stress Free Trading

Hi I think we are looking at the same thing on EURAUD. I’ve not traded USDCAD for awhile and I think I’m going to sit out for a bit longer. What at do you think about the overall structure on the Boss?

Strat's PASR Long Term, Stress Free Trading

By that I meant clear all of them with just two remaining for the timeframe you are trading.

Strat's PASR Long Term, Stress Free Trading

Try ALL of them with just 1 for support and 1 for resistance. Use the the close of the big boss, refine with the boss and fine tune with the worker.

Strat's PASR Long Term, Stress Free Trading

Of not off. Hate iPhone and forums!

Strat's PASR Long Term, Stress Free Trading

Hi Victoria Exactly which support lines do you want a comment on? Chill out, get rid off them all. Start again with just two and make them count.

Strat's PASR Long Term, Stress Free Trading

Perhaps also delete some lines on your chart. They might be acting as a mental block. I only draw in what I’m using in the moment. Don’t try to predict and don’t overthink things.

Strat's PASR Long Term, Stress Free Trading

I don’t predict anything. I’ll post charts I find interesting during my end of week look through. No one knows what the market will do. RBA interest decision next week

Strat's PASR Long Term, Stress Free Trading

Looking Ahead GBPAUD image EURAUD image GBPJPY image

Strat's PASR Long Term, Stress Free Trading

GBPCAD Update image Pre-NFP profits locked in. Suranga, NFP can affect all the majors in seemingly illogical moves. Nobody knows, so I'm either flat or I protect my money.

Strat's PASR Long Term, Stress Free Trading

That 1 bearish boss took out 6 weeks of buying and is now supported. I see price trapped and waiting for the next, maybe biggish move. Not one for me....yet.

Strat's PASR Long Term, Stress Free Trading

Looking Ahead (May or may not trade... US, UK Interest Rate(expected rise but may not happen) and NFP This coming week). GBPCAD Possible worker BASIC PASR. Also look at the Boss Structure, I would like to see a continuation of what seems to be at ...

Strat's PASR Long Term, Stress Free Trading

Perspective. It’s sometimes interesting and sometimes tedious for me when I read about analogies of life and trading. Hands up, I’ve posted a few. Here’s the question, what’s the point? I mean, if your life was aligned to your trading then maybe ...

Strat's PASR Long Term, Stress Free Trading

Hi Suranga. You need to have a 5 day week chart with New York close. Not it sure if that helps? Head over to the new thread, more up to date info is there.

Strat's Long Term Stress Free Trading

Hey Rub, really good trading. Keep it up! I measure expectancy which I find really useful based on cash rather than pips. This is better for me because I use multi entries and keeps it real for me. Knowing my averages gives me confidence in my plan ...

Strat's PASR Long Term, Stress Free Trading

Boring.

Strat's PASR Long Term, Stress Free Trading

Maybe you have developed a SELL bias on this pair? BEWARE!!! I would have only considered a short entry on this pair with a Worker close below the Boss at 1.5536. Because we now have a close above this level this idea has been binned. Maybe drop any ...

Strat's PASR Long Term, Stress Free Trading

I'm currently flat with no trades on at the moment. I'm not looking to trade GBP until after Carney's speech on Wednesday. The market can go anywhere short term right now in my humble opinion....

Strat's PASR Long Term, Stress Free Trading

I use Big Boss for guidance, sometimes Boss for entries but mainly Worker for entries both BASIC PASR and Trend. If I have time some screen time I will refine add on trades using a lower time frame. I do use mainly 4hr to exit trades but sometimes ...

Strat's PASR Long Term, Stress Free Trading