forex trading june 2013

June 2013 Newsletter Page : 1 of 11

By : Strat Date : 1 July 2013

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.

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 shouldn’t 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.

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Found this joke book on FF:

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

http://www.stratsforextrading.com/





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

Net Asset Value by around 30%, so far this week.

I hasten to add that I have not taken all the setups that have occurred either....."" This is REAL, LIVE trading using HARD EARNED cash – not Mickey Mouse demo accounts.

Our members continue to post:

“i was looking at someones trading journal, and couldn't help but be amused that he was taking trades that

were opposite to ours. He was using fundamental information and he was actually shorting gbp/usd...... im

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 Strat’s FF thread pretty much from day one... I’m pretty sure you won’t 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.”






“Currently this year I have closed trades over 7800 pips to 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

only threads worth reading.”

“I look forward to learning new things from a master trader and also make some new friends along

the way.”

“I've been interested in price action since day 1 and Strat's methods just make a whole lot of

sense to me. I'm at the point in my education where I'm ready to focus my attention exclusively on PASR.”

“In my quest for PA and S/R I have so far carefully read through "The Path". I have also read 'James16' thread on Forexfactory and now I am in the process of reading through 'Strat's Long Term Stress Free Trading'. As I understand I am expected to read and understand at least first 200 pages hence I have so far reached at 50th

page. I must admit I am enjoying the process and my thought process has changed so

much over last few weeks and some brilliant learning.

Thanks a ton to Strat, Nicola, Baba G and all other members who has shared the golden lessons for

the ones who are prepared to see the truth. I am very glad to be a part of this family. Once I

complete my reading of at least 200 pages on forex factory thread, I look forward to become a full member of this site and continue with my learning and also to assist whoever I am able to provide my service.”

“There are lots of good stuff in this forum. I'm still a novice here but I'm less stress

already because I feel I got to the right place.

P.S. All members in here are with their real photos”

“You've found the right path. Now it is important to stay on it. As a beginner myself and

stepping only the first steps I can say that You won't be disappointed of joining this team. The light bulb above my head is shining brighter every day.” “This is a very easy way to earn a living, made difficult by the demons that reside in our heads, I will be interested to see your posts when you have finished your reading of the stuff on here, it will take you some time but stick with that. If you have conquered the psycho stuff you are 90% there.”

“Welcome to the forum a great place to learn the art of trading.”

“I come from a little experience in forex, not in terms of time, but in terms of what I have learned up to now that is almost nothing.

Last year I wandered from thread to thread on FF following many system and indicators






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 Strat’s method and especially stick with

it… I have so much work to do but I have no hurry because I know that now I’m 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

2 years FX life(Especially SR identification is fantastic). I am feeling great that i have

subscribed.”

“Thank you very much for making this fantastic guide.”

EURUSD PASR MAP for Week commencing June 10, 2013

CHFJPY

Here is what I posted to the membership on May 30, 2013






That was an 866 PIP gift to the membership!

I can’t post the original chart because it contains proprietary information so here is what happened:

With PASR ADD ON trades this was a minimum 1200 PIPS – enough to PAY FOR A WHOLE YEAR of

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.






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.






TIP: If you can’t do it on demo – take up knitting or sewing – it’s 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 died in October 2012 THEN WE GET:

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!

AUDCAD

Here is what I posted on the AUDCAD thread:

Sorry, I cannot show that chart because it contains proprietary information but this is what it looked like:






Here is what happened:

That’s ANOTHER 90 pips or so and there is still another 90 to go!

That’s another 180 pips GIFT to the membership – not that they needed it – THEY know what they are

doing – DO YOU?

New student completes his first 6 months on the Private Website

This is an extract from a student completing his first 6 months on the Private Website:

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.






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:

That’s 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? I’m getting out my rowing boat with my hankie for a sail!

Cheers,






Strat


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forex trading june 2013

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