too. ... so it was luck, good timing and some market intuition. Nothing to base a trading career on !
If you can wait and not be tired by waiting...
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MY PASR journey Based on Strat's PASR Trading 76 replies
M5 PASR Trend Trading Strat 95 replies
My PASR Trend Trading Journals 3 replies
A young trader's road to profitability - PASR trading - Live 11 replies
Fibs trading and PASR 0 replies
DislikedPASR {quote} BB chart is showing a downtrend and indicating the big boys are planning to bring it down. Good And this trade is not ideal because i am selling into support with an unfavorable R:R? Yes on the Worker but you can get better R:R by entering on H4 Why would a trade below 105.50 be ""more stress free?"" You did not answer thisIgnored
DislikedPASR {quote} Gerhard can speak for himself When will he come out of the woodwork? If you are doing it systematically and logically, you might want to study BeeCee's posts as he is doing exactly that.Ignored
Disliked{quote} Hey strat, You might not believe this. I spent about 20 hours reading these 3 charts. And finally I understood a simple strategy that you follow to draw S/R. Strat, you draw your S/R based on what you see in your chart relative to price (with max zoom out). I am not sure whether you would understand my last sentence. However, thought of communicating this to you. Thanks BeeceeIgnored
Disliked{quote} Hello Strat, Those levels are "ALL" the Support and Resistances??? I mean, sorry for asking that but i dont understand it. In there is only the Monthly Levels and we need to draw the Boss and Worker levels right?Ignored
DislikedDOW JONES - The Big Boss is in the process of producing a hammer AT THE TOP of an uptrend, therefore no clear signal there although, such hammers at the end of an uptrend can be the signal of the end of the uptrend. The month is not over, so TO BE CHECKED AT THE END OF NEXT WEEK. - On the Boss, we are trapped in a WCC large enough to consider potential trades on the worker at appropriate S/R levels. - The Worker is currently in an uptrend trying to test the resistance produced by the WCC. I will monitor how the Worker will react to the resistance...Ignored
Disliked{quote} Thanks for the feedback strat. I've been reluctant to jump ahead in the old thread, but think I'll have to re: strat shadow. What is the answer to the question you have to ask on the Big Boss? In identifying support and resistance levels for trading, ALWAYS use the latest, most current levels. I have identified this with my black line. I think the question you're wanting me to ask of the BB is where is price going? I think the answer is up. To where I don't know. Good BUT what is this telling you? Boss is telling me buyers pushed up out...Ignored
Disliked{quote} Sorry. I edited my old post to answer this but must have been an error when i submitted. I saw that price has rejected the support once. Currently in drawback which might retest the support again. The R:R as mentioned is not ideal. If price breaks that support, the next support is about 180 pips away. Depending on the price action if it breaks, the R:R could be more favourable and no support along the way. After I re-read my own views, I felt that I was trying to predict the future which I should not do. It may or may not be more stress...Ignored
DislikedDOW {quote} Now, put yourself in the position of the Big Boys trading this. What are you doing (as a Big Boy)?Ignored
DislikedDOW {quote} This is good, darko! A few comments: There are no hammers at the top of swings - only Shooting Stars. Hammers appear at the bottom of swings. The month is not over Good On the Boss, we are trapped in a WCC large enough to consider potential trades on the worker at appropriate S/R levels Very good except for ""we"". Who is ""we""? The Worker is currently in an uptrend trying to test the resistance produced by the WCC. Even better. Now, put yourself in the position of the Big Boys trading this. What are you doing (as a Big Boy)? I will...Ignored
DislikedOn that last GBPAUD trade, looks like the Big Boys took some stop losses out on that spike to allow for a uphill run. That's just how I saw it and why I took a Buy Trade. {image}Ignored
Disliked{quote} if u r long on that u may wanna watch out this level now it need to be broken for more momentum to move higher {image}Ignored