Drastically, further monetary risk reduction. Partial profit taking (see the chart attached for details) just below the weekly direct trend price level. Stop loss moved down above today's candle plus the usual buffer productive distance. The trade ...

EURNZD

EURNZD Short Trade Update - Initial monetary risk reduction based on new price data printed on the chart. Current price violated the low of yesterday candle and she is now traded below. The stop loss was moved down above the high of yesterday candle ...

EURNZD

Short Bias.

EURNZD

Long at 0.6752, SL 0.6668.

NZD/USD

With current facts: Monthly & weekly main & direct trends bearish Weekly Bearish Outside Candle acting as controlling candle. Touched traded the critical level 1.1369-ish

EUR/CHF

Closed all long positions due to indecision of buyers & sellers (4 days consolidation box). Mind the false break out.

USD/JPY Discussion

Since the touch trade is at break even time to bank more profit (1/2 current position at 114.40) and explore the possibility of additional profit with the remaining position.

USD/JPY Discussion

Fact 1: Last week breakthrough and closed above the primary monthly resistance 113.67-ish & secondary monthly resistance 113.64-ish. The levels are acting now as supports. Fact 2. Sellers are nowhere to be found with EXISTING data on the chart. Fact ...

USD/JPY Discussion

I closed the long touch trade with a small profit since price didn't give me the chance to break even. Facts with EXISTING DATA on the charts: Fact 1: All trends are pointing up (Monthly, Weekly). All other time frames will follow... Fact 2: The ...

USD/JPY Discussion

Touch trade was filled. Risk 133€ & targeting the 114.74 price level. Touch trade is highly risky and thus a tight stop loss is vital. Still price did not gave me the chance to break even the trade.

USD/JPY Discussion

The daily candle yesterday drastically breakthrough the critical level marked in yellow and managed to close above a weekly secondary & primary resistance levels as well as just above the round number 114.00. The price action around the level marked ...

USD/JPY Discussion

A decisive breakout on the H4 indeed in place. However H4 is 6 time less reliable than the daily thus it is crucial to wait and see the closing of the day and more important the closing of the week tomorrow. There is enough ADR for price to reach ...

USD/JPY Discussion

Trends: monthly main & direct trend bullish, weekly direct trend bullish while the confirmed weekly bearish swing trap supporting the possibility of a higher $ price. Currently, price is facing a critical resistance level (confluence of primary & ...

USD/JPY Discussion

I just monitor the trade and nothing else. My analysis and trade plan were done on a proper computer screen.

Strat's PASR Long Term, Stress Free Trading

Update on the USDJPY trade based on PASR. Price action reached the first concern level where I banked 1/2 of the entire long position. The SL of the remaining position was moved below the low of today's candle making the trade stress free. Stress ...

Strat's PASR Long Term, Stress Free Trading

Greetings to everyone, My name is Michalis. With this post I would like to express my appreciation to Strat on his effort to teach and help traders. I was trading for many years on naked charts using price action at S/R. I paused trading for 2.5 ...

Strat's PASR Long Term, Stress Free Trading

Thanks MikuSS & huatzhi for your feedback. I have been reading this thread for the last 3 months and I find it very useful. Yes, I am aware of the Weekly Controlling Candle. As all the technical facts based on PASR indicating that if price ...

Strat's PASR Long Term, Stress Free Trading

USDJPY Daily BUEB Thank you Strat for this thread!!! I am looking at the daily BUEB. Good location with a confluence of the Strat shadow, a monthly and a weekly support levels. Big boss is in uptrend. Direct ahead there is a confluence of resistance ...

Strat's PASR Long Term, Stress Free Trading

Simple technical facts that gave me the go ahead to take a calculated risk to the north.

XAU/USD & XAG/USD - Gold & Silver Traders Thread