GBPAUD
Bof27, Svolacius and MikuSS are spot on with their comments about SUPPORT.
Boss closed below WCC, then formed a doji at the strat shadow the following week.
You SAW it but that's all you did! UNDERSTAND what that gravestone like doji on the Boss is telling you. If you don't know ASK
Worker formed a small doji then a large down candle to below the strat shadow, without closing above the 20EMA, and testing support of worker shadow and support.
You SAW support so why did you place a stop order to short below it? There is NOTHING on any of our 3 time frames showing that PRICE will go down. PASR is based on FOLLOWING IN THE FOOTSTEPS OF THE BIG BOYS. So what are the BIG BOYS doing here..........................................NOTHING! This is what PASR traders do - NOTHING!
Worker formed a small doji then a large down candle to below the strat shadow
A candle closing below (or above) the Strat Shadow is NOT a signal to enter a trade! We have to take into account all the other conditions of PASR - Like the SUPPORT directly below the Strat Shadow!
4Hr formed a doji testing the strat shadow, and forming a possible lower high last night my time.
We ONLY drop down to H4 to get a better entry and better R:R AFTER we SEE a PASR Set Up on the Worker - There is NO SET UP on the Worker!
This is RANK AMATEUR trading destined to empty your trading account along with the other 95% LOSERS. Trade PASR!
Again, well done you three - Bof27, Svolacius and MikuSS
DislikedAfter spending a couple of weeks in a weekly control candle, GBP/AUD broke out a couple of weeks ago. This is one of my trades running at the moment. Boss closed below WCC, then formed a doji at the strat shadow the following week. Worker formed a small doji then a large down candle to below the strat shadow, without closing above the 20EMA, and testing support of worker shadow and support. 4Hr formed a doji testing the strat shadow, and forming a possible lower high last night my time. So I set a pending order a few pips below. Set the stop to...Ignored
Boss closed below WCC, then formed a doji at the strat shadow the following week.
You SAW it but that's all you did! UNDERSTAND what that gravestone like doji on the Boss is telling you. If you don't know ASK
Worker formed a small doji then a large down candle to below the strat shadow, without closing above the 20EMA, and testing support of worker shadow and support.
You SAW support so why did you place a stop order to short below it? There is NOTHING on any of our 3 time frames showing that PRICE will go down. PASR is based on FOLLOWING IN THE FOOTSTEPS OF THE BIG BOYS. So what are the BIG BOYS doing here..........................................NOTHING! This is what PASR traders do - NOTHING!
Worker formed a small doji then a large down candle to below the strat shadow
A candle closing below (or above) the Strat Shadow is NOT a signal to enter a trade! We have to take into account all the other conditions of PASR - Like the SUPPORT directly below the Strat Shadow!
4Hr formed a doji testing the strat shadow, and forming a possible lower high last night my time.
We ONLY drop down to H4 to get a better entry and better R:R AFTER we SEE a PASR Set Up on the Worker - There is NO SET UP on the Worker!
This is RANK AMATEUR trading destined to empty your trading account along with the other 95% LOSERS. Trade PASR!
Again, well done you three - Bof27, Svolacius and MikuSS
15 YEARS OF PASR ON FOREX FACTORY!
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