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By : Strat
INDICATORS I am often asked Why the crusade against indicators?
Indicators or should I say, my reliance on indicators, cost me a lot of money and a lot of worthless time believing in them. Unfortunately the road to trading is littered with indicators of some description since seeing a line or two lines move instead of bars or candlesticks is more appealing to the Get Rich Quick idiots who disguise themselves as rookie or newbie traders. I really shouldnt criticise those who use and rely on indicators for their trading because it is they who fund our profits and really, the more of them that use them, the more profits there will be for PASR traders.
Looking for price action indicators looking for indicators based on naked eyes price action only please recommend - thanks in advance anyone have TRO 1-2-3 pattern indicator ? trading system opposite to trend anyone here have any indicator or system that gives out opposite signals to those trend shown in the market ? since most of the time we long , the outcome is short and vice versa , we need one indicator / system like that exit rules ?? I did not see any exit rules for this system ?? same as entry rules ? would it be too late for exit looking for trading system without indicators Hello greetings Would like to learn trading systems without using indicators or softwares and without hearing news Just by looking at charts. I heared of forex trading systems. Need for info on this. Thank you need coder help I have a indicator for engulf candle But not giving out correct signals well MQL coder PM me if can help out
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looking for indi greetings anyone have CCC AXN indicator ?? also what is the name of the indi at the bottom of the picture ?
daily bias indicator need reliable indicator for daily bias of different pairs many thanks fibo indicator i am looking for a indi that can automatic draw fibo lines 50% and above on any chart ? Eur/usd & Gbp/usd Trend Eur/usd and gbp/usd usually ranging and trending at which hours of a day ? Hi I was wondering that if there is any indicator which can even predict only 2 or 3 pips in profit precisely by 80% (8 successfull trades out of 10) on less than H4 time frame? I will appreciate for reply. I am not asking for 8 or 10 pips a day. I am asking for 3 pips in profit in 24 Hours. Is there any indicator which can predict after arrow appeared. Private Website We now have three traders who have reached 3 Star status by consistently and profitably trading PASR. This qualifies them to access my Advanced Trading Techniques thread where the focus is on bridging the gap from trader to Trading For A Living. In addition, we have 2 Star traders gradually working their way to constant and proven profits. Here is an extract from a post today, June 07, 2013 of one of those 3 Star traders in my Advanced Trading Techniques thread: ""There are a few other borderline cases also, but 8 is enough to have allowed me to grow my account
glad i found this site. To think i almost joined some elliott wave subscription service.
Arthur, I agree with you 100%! This is without a doubt the best place to learn to be
profitable.
welcome to the forum, and becoming part of the family ...I can say I have been here since near the beginning and followed Strats FF thread pretty much from day one... Im pretty sure you wont find such a
dedicated bunch of traders, great knowledge base and of course excellent mentor and ringmaster as Strat anywhere else. So far as I am aware everyone who sticks with the site makes
worthwhile progress....bearing mind it can take time.
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Currently this year I have closed trades over 7800 pips t o the good, with open trades having over 3000 pips still on the table.
The growth of my 3 trading accounts combined is in excess of 21% This has only been achieved by putting in the hard work and sticking it out, here. Welcome Markus. Get ready to take your trading to a whole new level. BUT, plan on spending many hours reading and understanding all of the fantastic material on the site. Listen to everything Strat and the guys teach you, because they really know what they're talking about. I'm pretty new to the site, but I can tell you that it's the best Forex education investment you will ever make. Have fun! There is no black box in trading, Many have tried, when A, B and C happen then do D. Some time this works, Roger can answer you on the drawdowns on the proof topic as it was
his and Strats methods, and Rogers chart, Roger fine tuned one of Strat's gem lessons and has got as close to a black box system as I feel you could have in trading.
I stumbled across Strats thread on forex factory and i was very impressed in fact i think its one of the
Last year I wandered from thread to thread on FF following many system and indicators
Visit www.StratsForexTrading.com for more Forex Price Action education. Copyright 2010 www.StratsForexTrading.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.
and, at a certain point, I felt confused and lost on the sea of forex. But I was lucky because someone has throwed me a life buoy
I made my choise and i'm here to study, learn, understand and trade Strats method and especially stick with it I have so much work to do but I have no hurry because I know that now Im in the right place. I haven't expected that there are more contents i am going to learn here. I thought that everything is there in FF and on THE PATH page here. I had lots of confusion about making a plan, about identifying SR levels, about types of trades discussed there in FF like Trend Trading, resistance to 1st support or support 1st resistance etc. I was with lots of questions to ask you guys here but fortunately i found that most of the questions are already answered here. This is one of the best content about FXTrading i have learned in my short
Visit www.StratsForexTrading.com for more Forex Price Action education. Copyright 2010 www.StratsForexTrading.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.
I cant post the original chart because it contains proprietary information so here is what happened: With PASR ADD ON trades this was a minimum your TRADING EDUCATION on this website!
COUNTER TREND TRADING Here is an extract from a post yesterday from one of our 3 STAR full time traders reminding members of the perils of counter trend trading.
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Unlike other Price Action forums, we do not trade every price reversal bar or set up. Since our ultimate goal is to teach members to Trade For A Living through trend trading, my PASR method only uses PRICE ACTION candles to trade BACK IN THE DIRECTION OF THE DOMINANT TREND.
EAs, Robots, Black Boxes, Muriel Networks etc: Here is what happens when you give your account to a BLACK BOX
0.4.2 has some error in it. it opened bunch of trades on EURJPY until margin call.
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TIP: If you cant do it on demo take up knitting or sewing its not as expensive!
I vowed to give up on IDIOTS but how can you when you are surrounded by them? This is from a thread that started and
I have been running the last posted EA continuously for the last 48 hours on demo. So far, the account is down by 20%. I wrote EA based on the rules in the first post the sistem is not working it is slowly loosing Last Post: Jun 17, 2013 1:39pm (5 hr ago) Thanks for sharing your EA. I still can't get it to run. Even with turning off the MBFX. Can you give some direction on what pairs/timeframe/settings would allow me to get started with it? Thanks Drew We used to say there is one born every minute but on FF, there is one born every SECOND!
Sorry, I cannot show that chart because it contains proprietary information but this is what it looked like:
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Thats ANOTHER 90 pips or so and there is still another 90 to go! Thats another 180 pips GIFT to the membership not that they needed it THEY know what they are doing DO YOU?
GOALS: SHORT, 6 months: knowing better the psycological side of my trading, close every months at least at BE with basic PASR, start with Trend trading.
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MEDIUM, 1-4 years: I would "seeing beyond the candles", start building my professional mentality and, of
course, a professional trading capital.
LONG, 7 years: i want to be a professional privat trader by age 40. Now i'm 33.
About my short terms goal i could say that: - i'm pretty satisfied with the psychological side of trading, i don't feel particular emotions when i'm in a trade, in gain or not the this could be. I'm only focused in follow my work-plan. In any case i planned to increase slowly, and gradually the size of my positions, - i'm very satisfied with the % growth of my account. My goal was to close this first period at least at break even. Instead i closed with a gain of 19%, and this for me, as an apprentice, is a great result, that give me a lot of confidence. I'm beginning to find my "style" with PASR, so I want to take another six months to put more secure foundation in what I'm doing. I want to add, that i'm very happy and impressed of what i've learned so far; i'm very happy to say that for me, now, Price Action (PASR) IS the foundation of trading. The other thing i've learned here is the big power of our Strat Shadow. I really think, paying close attention at his behavior, in relation to the price action, we could gain, or save, a mountain of pips. This student, as are others, is well ahead of his goals and especially in becoming a full time Professional Trader. If YOU are SERIOUS about wanting to LEARN to Trade For A Living then join our exclusive membership. However, if you still think trading is a Get Rich Quick enterprise, then do yourself a big favour and take up something less demanding like skydiving without a parachute! Here is my reply to one inquirer:
Thats all for June 2013 so now we move into July where the Big Boys get out their yachts and leave the market to us little squirts! Me? Im getting out my rowing boat with my hankie for a sail! Cheers,
Visit www.StratsForexTrading.com for more Forex Price Action education. Copyright 2010 www.StratsForexTrading.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.
Visit www.StratsForexTrading.com for more Forex Price Action education. Copyright 2010 www.StratsForexTrading.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.
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Visit www.StratsForexTrading.com for more Forex Price Action education. Copyright 2010 www.StratsForexTrading.com. All rights reserved. Reproduction in whole or in part without permission is prohibited.