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- GibsonL6 replied Sep 7, 2010
I hear you loud and clear Strat! Never again will I let this happen. It also never helps to keep things bottled up, so it does feel good to get this off my chest. I cant talk to my wife or my friends about it without sounding like an alien, so what ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Sep 7, 2010
To: Poncho, Yebisu, Rajesh, Money Magnet and Simpleman. Thanks for all your responses and encouragement ! I was riding a little too high on my horse. This was definitely a reality check. Our plans are there for a reason, and they must be followed if ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Sep 6, 2010
Long winded... But true — I would like to share a story of how our mental approach to trading can be our " Best Friend" and also our " Worst Enemy". During the past 5 months, since studying Strat's method, I felt that I finally reached a level ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Aug 4, 2010
You never cease to impress me Patrick! That is great Money Management. As usual ,you have a very unique way of looking at things, not only from the actual trade perspective, but how you allocate your 1st position profits for those losing trades. As ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Aug 3, 2010
EUR/CHF — What Strat is saying, is we need to focus on what is happening NOW (IMMEDIATE) not what happened last month or last year, thats all history. The EURCHF pair : Big Boss is up.... NOW Boss is up........ NOW Worker is up.......NOW They ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Aug 2, 2010
[quote=simpleman;3916645][quote=GibsonL6;3916446] Hi Simpleman ! I will attempt to answer your questions, hopefully without creating more confusion. The only MA`s we use accross the Worker, Boss and Big Boss time frames, is the 20 and 50. So, the ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Aug 2, 2010
MA Confusion! — It seems that something so SIMPLE has led to so much CONFUSION. The 100 and 250 MA's cannot be used on the Boss because it would be an inaccurate reflection of the Big Boss 20/50 MA's. We use the 100 and 250 on the WORKER ONLY ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 30, 2010
Thanks Strat! Patrick's simplistic approach to trading will always make him a role model and a successful trader.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 29, 2010
The Big Picture — Hi Pierre! Looking at the big picture might make it easier to understand. It seems to help me with identifying trends. I've attached a Big Boss chart as an example. The DOMINANT trend can be seen easily on the Big Boss The ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 28, 2010
TOO LATE? — This thread is not about getting in as early as possible but rather as SAFE as possible, using BASIC PASR and our TOOLS. If we need to wait for several HH and HL 's ( as per the GBPUSD example) to get those SAFER entries,... then ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 22, 2010
GBPUSD TEST — Hi hcristea ! Would'nt it feel safer and more stress free, if this same trade set-up was 400/500 pips before Major R. Maybe looking at it this way might help.
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 22, 2010
Strat's Test — Hi Strat! Thanks for test. This was a very good lesson for me. The way you explained it, forced me to look at the Boss differently. I can see now that paying attention to what it's doing, relative to preceding candles and swings ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 21, 2010
Strat's Test — A long above the hammer, would be trading into major resistance with terrible R/R. This would not be a safe, low risk, stress free trade. I would do nothing until I see the following: If price breaks Major R with strong bullish ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 20, 2010
I doubt the L6 was ever a serious competitor to the Strat. I've played a few Strats ( never owned one) and they are a beautiful well rounded instrument. You just dont want to put these down after strapping them on. The L6 was more of a specific ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 20, 2010
Hi Strat! Your explanation of trends over the last few days,have been a real eye opener for me. I now understand the meaning of trends within trends. Every week that goes by, things are getting clearer and clearer. What I have learned over the ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 18, 2010
Hi Roger! I'm guilty of reading too much between the lines.... I apologize. On the bright side we both got a great lesson on trends from Strat. Tom
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 17, 2010
No Harm Meant — Roger! When I posted the GBP USD trade, I was elated at the fact that I "SEEN" this without "LOOKING" for it. When I have these moments of "UNDERSTANDING" I like to share them with this community. I am ever so grateful, that I ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 15, 2010
Good job to you too Patrick! You are a source of inspiration for this thread, and everybody should PAY ATTENTION to your posts. Thanks Tom
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 15, 2010
Hi Strat! Anytime I hear good news from you, it really makes my day. Closing 2/3 of position may limit the profit potential, but it sure keeps those little men happy. I will heed your advice and practice trade management as you indicated. The 95% ...
Strat's Long Term Stress Free Trading
- GibsonL6 replied Jul 15, 2010
GBP USD — I saw an opportunity on GBP USD. This countertrend trade seemed to stick out like a sore thumb. Big Boss and Boss showing strong bullish PA the last 2 months. Hammer formed on Worker at minor support, but what struck me was both ...
Strat's Long Term Stress Free Trading