joekurr

Muhhatta, thanks for sharing.
 
I've been studying STAR with the material on this forum, with the intent of signing up to get access to the watchlist and chat once I get a grasp of the material.
 
Specific trade examples like this really help to reinforce (for me) that my time is being well spent.
 
As soon as I can get more proficient with what I have, I look forward to joining you guys in the premium site.
 
Joe

After the cut - we look for the "Move After Cut" or MAC for short.
 
In post #125 I was told to refer to the 5th pic in post #107 (I added it below).
 
http://i.imgur.com/lCPYQ.jpg
 
In it you'll see that the thick green lime gold become more steep and more parallel compared to its move before the cut.
 
I've added a picture below where I put a line across the gold then superimpose it over the move after the cut, and we definitely see it steeper. The lime also gets steeper, but the green does not look steeper, but may be fine (I'm guessing) because the other two got steeper.
 
http://i.imgur.com/U0JXu.jpg
 
The MAC seems to be a VERY important element to look for. A few other posters earlier in this thread mentioned its importance. A MAC that does not demonstrate a steepening may invalidate the traits for a PTS.
 
Hope that helps.
Joe

July 12 7:30 GMT
EU > m15 waiting for retrace

"Orientation" I understand it to mean that the slow MAs are in the correct order and moving in the direction of the trend.

Joe, the full set of traits require MAC (Move After Cut). The book says that the band of MA become more steepening and more parallel (look your 5th pic of post #107 for a good MAC). See the band of thin MAs and thick MAs separately. Your arrow pointed to just the thin band of MAs. Seeing this I could assume you only watch for thin MAs become steepening and more parallel while book says the thin MAs and thick MAs become steepening and more parallel (of course its impossible to become parallel as they are different values of MAs).
 
Initially, someone might put less importance to this traits. But believe me, this would dictate whether the trend is going to reverse or just tumbling over for a temporary pullback. Therefore, your above pic should wait a little longer for a MAC and trend extreme.
 
But, instead of waiting for a full set of traits, we could also evaluate that chart using a new set of template (please don't ask me to share) called 52s. This template have loosen the MAC requirement. It has a loosen value of traits requirement yet still similar way as PTS traits evaluation. But this template are meant for an intermediate taking profit. It just aimed for corrective move and not the actual trend reversal of the evaluated timeframe (CSA).
 
So once you evaluate a traits using 52s, its only for CSA. So its possible to evaluate a set of traits using 52s and 13-68 and surely will produce different result.
 
Since your pic haven't provide a MAC, I might consider probably have shown a cut and a pullback if were to be evaluated using 52s (that aimed CSA only)
 
Keep on

Retry99 were correct, see the first retrace (that failed to touch the purple/where you believe should have been touched but visually not). If the price touch the purple at that point then you have a very good PTS setup.
 
But your pic have shown that it failed to touch the purple. If later the price move down (but not made a new lower pullback) and made a retrace again toward the purple but the purple have already move down and pass the first retrace then it called purple wraparound ( a no trade at all).
 
But before it touch the purple, your chart made a new low (you right) and you should have probably move to h4 and even h8 by force index and have another new cross evaluation. Even if the new pb was just equal to the previous pb you should have taken the latter pb for evaluation (it was clearly stated in the book)
 
But let me tell you that your broker didn't provide you with an accurate feed. Our feed has shown that at the point (first retrace) where you believe the price has hit the purple, indeed has touch. Our data feed has shown that there were a 108 pips spike and penetrate the purple by 7 pips before moving down by 500 pips. I should have congratulate you.
 
I'd try to show you the chart of the most accurate data feed we had. But your broker has gone too far. Many times I found that my broker played me by just 3 to 5 pips different to our accurate data feed.
 
You're Well done, finally there is a forumer that worth of help

Ah,, finally Im*geShuck no longes Sh*ck,
 
As I have promised, this is our most accurate data feed. See the point where Joe believe that the price was actually touch purple (which his broker not). And see the 108pips spike that STAR data feed provide. Count how much different your broker have played you:
 
http://img854.imageshack.us/img854/7198/anh1spike.gif
 
 
later see the price has been move far away, it was more than 500pips where its turn should have been followed and evaluated using another template (if you were not lost in so many setup):
 
http://img832.imageshack.us/img832/9367/anh1pips.gif
 
STAR guys, please remind me if I have gone too far and breach any rule

And See the second spike where Joe was likely to enter, which were not even exist in my chart above (the most accurate data feed). Believe me, Stop Hunting does exist but not as much as Joe's broker. What would have happened if some one has put a stop tightly at those swing high.

Captain is right on many of the items. Joekurr is also right about the Aud/Nzd H1 setup traits being ok with just 1 flip because the cut is good and not a flip. The trigger happens on good data feed and this is very important because many brokers are either hiding extremes or running false stop cleaning spikes.
 
The pic Captain said had purple wraparound and Joekurr got 30 pips on 1/2 and then BE stop had another issue which would not have shown a trade at all and even CSA was not an option and is called a no-trade (wait for new trend extreme). The issue was that the purple swings out beyond the trend extreme and is a no trade.
 
There are specifics for these swingouts, data, wraparound and many very important things on the forum as I have said in the past. One thing to pay very close attention to is the Move After Cut. There is a detailed technique for measuring these on the forum because the MAC has been missing in a lot of setups due to jumpy markets. If it is not there then your pullback evaluation will be premature and so any signal is not a signal at all.
 
Also it is a good idea to label the pair and timeframe.

continued
 
We move to a h8 (h4 x 2x)
 
http://i.imgur.com/ZgINq.jpg
 
But that is still not enough, as the 13s are still crossing over the 68s
 
We go to h12 (d1 x 0.5x) and its still crossing too much, and the gold MA is now moving up instead of down.
 
http://i.imgur.com/M3Sgc.jpg
 
 
We move to d1 and the chart has now got all the 68s moving up (around May 3rd - where we are doing the analysis). So now the chart looks totally different to where we started, which was in our short trade.
 
http://i.imgur.com/HiXRm.jpg
 
 
I'm sure I went down the wrong road somewhere, if anyone can point me in the right direction it would be appreciated.
 
Joe

The book says; the cross should be within 5 bar of the previous pullback extreme, I see that the cross was at the 6th bar

Joe, it doesn't matter how far you follow the force index. Once you have the full set of traits, it would still valid until a new pullback or new trend extreme happened. Therefore, an initial H1 traits s/u might be evaluated at W1

It was a good traits setup, unless the MAC. There were no steepening and more parallel. Please refer to your 5th pic on post #107, its called MAC. See that Thick Green Lime Gold become more steepening and more parallel compared to its move before CUT.
 
This (post #110) is meant to be evaluate as CSA or STS only. Usually there would be 3 to 5 CSA/STS before a PTS occurred

Joe,
 
1st Pic;
 
Your called CUT is more than a cut in my view, its a Flip. Please understand that a flip require the whole band of thin and thick MAs to period oriented or turn at least 1 pip (0,9pip/9micropip is not valid) toward the move and then flip back in the direction of the move. Different with cut, CUT not allowed the whole band of thick to flip. If you zoomed and find the thick gold made a turn 1 pip then its a flip, but if it was just 0,9pip (5 digit broker) then its not a flip (just a cut) that is the difference.
and, your picture is obviously thick gold made a turn. Remember the book, if you find more than 1 flip, you might be in a too fast timeframe.
 
 
3rd pic;
 
the trigger retrace you took is failed, the previous retrace should have touch the purple. If not, and later retrace touch the purple but purple has move down lower than the previous retrace, its called purple wrap around. It might have been triggered at STS or CSA at the previous retrace that you took and target the second pullback. Later the price move up but not made a new trend extreme then the second pullback that was a target price could be evaluate as the new pullback. Thus your triggered in fact a second CSA or CSA's CSA that aimed the second p/b as the target. many times the move made a zigzag corrective move to your target so its good to watch price action
 
4th pic;
 
Its actually not 2 flips. The second flip only matter if the price move beyond the firts stage extreme around march 06.00. Any flip occurred between this extreme until second stage confirmed/price move beyond this 1st stage extreme just been considered a shadow. Anyway the picture at H2 look nice/better.
 
5th pic;
 
Thats what I mean CUT (comment on 1st pic), see that flip and cut are so different.
 
Sorry, too many pics, I'm lost flip back and forth........

JoeKurr,
 
Please do not omit even 0,1 micro pip touch. The trigger you took is not a trigger. It's not a touch. STAR is so precise. even 0,1 pip/1 micropip can not be omitted. Additionally, even the price touch the purple at your trigger, the purple has already move toward price and surpass the previous retrace. Its called purple wraparound thus failed set up.
 
Anyway, your setup suppose to be has been triggered at the previous retrace around 19.10 but not in 2x0.764, it should be faster at 2x0.618. Understand that STAR more aggressive approach permitted a faster template put to use in certain condition.
 
The aim for such setup is just the price level around the pullback. in your case prepare an exit strategy around 20.46. many times price move 2 times pullback range but most of the times just around the level of pullback price

OK, combining this continuation signal:
 
http://i.imgur.com/OZfDr.jpg
 
With a secondary backup:
 
http://i.imgur.com/K45w7.jpg
 
Makes for a decent short entry.
 
The entry would have had at most gone against us 11 pips, and would now be up 80 pips.
 
The think I'm not sure about for the secondary setup is how to pick the timeframe to use.
 
I'm not sure if it was supposed to be 2x the speed of the local timeframe. I thought this was the case, but I haven't seen where I read that. I'm pretty sure I've combed through the secondary material a few times, but can't seem to find it.
 
Also the thing that bothers me with the secondary setup, is that it seems to ALWAYS trigger. I've never seen a secondary setup not trigger a trade. And that's why i put this strategy on this backburner. Because whenever there was a primary continuation signal give, I could ALWAYS get a secondary signal give a reversal. So at the end of the day, there was always the possibility of 2 opposing signals.
 
Even in the secondary setup material, I'm not sure why Tom applies the secondary setup to only the 4th setup, and not the first 3. This seemed a bit off.
 
Of course I may be missing something (most likely) so if anyone has any suggestions, feel free to suggest.