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Strat's PASR Long Term, Stress Free Trading

  • #9,021
  • Edited 6:41pm Nov 28, 2018 5:27pm | Edited 6:41pm
Quoting strat
PASR THE PATH {quote} Suranga, I assume this ""someone"" is Ali.J again. ...
Hi Strat,

I cannot tell you what to do with your PMs but if it was me I would tell him "no more PMs - post on the thread!"

Yes, I told him " any trading related post should go in to forum". That's why I posted my reply in here.

This guy cannot FOCUS for one second without his mind wandering onto theoretical nonsense!

He he, yes it is. This is what happen to many who come in to Forex trading which is full of useless Methods ,Indicators and Gurus (and scams). Before I came to you , I also had doubts (even about you).I had doubt likes "can this be done?" Is Strat really consistently profitable trader. Is he real? type questions. Not only you ,but also I had doubts for James16. But I kept them with me. I decided to give it a shot with you for 3yrs at least. Day by day when I am learning THE PATH, Just after nearly 9 months apprenticeship with you all these so called doubts are no where to be seen.gone..

But at least he found a pure PASR trading thread now. may be it will help.

He sent you a PM because he knew that if he posted that rubbish on here he would be FOREVER BANNED!

May be yes he knew, if it is ..then its good thing. Because he knows its rubbish.Please just give him little time.


Thanks a lot

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #9,022
  • Nov 28, 2018 5:50pm Nov 28, 2018 5:50pm
Hi guys,

I want to share my observation of what I think I have missed passed few days.

NZDJPY
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I tend to not pay much attention to chart that is having a mess consolidation in worker. So When I see this BUOB on hard right edge, I kind of think it is just another candle in the mess, failed to see PASR in confluence of Strat Shadow.
A side note, this is the occurrence where Head and Shoulder failed on H4.

AUDCAD
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On a strong trend, the retracement formed by hitting on resistance could be small, so it is trading directly toward resistance. I am still not sure what to do around here. It is better that I stay out, but is it basic PASR?

EURAUD
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BB and B are in a down swing. Feel like not taking any of these are wrong.

I would be appreciate if you guys can comment on these.
  • #9,023
  • Nov 28, 2018 5:55pm Nov 28, 2018 5:55pm
Quoting strat
USDJPY H4 {quote} Hope you took notice, Terry {image}
Not sure if it matter, but I also see this confluence when I compare it on my chart.
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  • #9,024
  • Nov 28, 2018 6:14pm Nov 28, 2018 6:14pm
Quoting Suran
{quote} This is what happen to many who come in to Forex trading which is full of useless Methods ,Indicators and Gurus (and scams). Before I came to you , I also had doubts (even about you).I had doubt likes "can this be done?" Is Strat really consistently profitable trader. Is he real? type questions. Not only you ,but also I had doubts for James16. But I kept them with me. I decided to give it a shot with you for 3yrs at least.

Yes.. is the reason that i dont like forums because most of them are "Fake Traders..." "High Ego Traders.." the thing is everything, EVERYTHING comes from the PRICE ACTION.... And from There is the SUPPORT AND RESISTANCE (SUPPORT and RESISTANCE, the levels where the Buyers and Sellers makes their decision... And thinking on that.. we can see were they have their stoploss, their targets, etc.. etc..)

And I read that this is PRICE ACTION SUPPORT RESISTANCE.... Then i remember i start reading a few before i register and start posting. In that time i was trading futures intraday tick charts... And reading this thread understanding more about the PRICE ACTION SUPPORT RESISTANCE, the BUOB BEOB, hammerstone, shooting star.....

Reading the old thread, some comments/post of strat was saying things that i understand and learn by my own... In that moment i just register and start posting in here. And for real... I wasnt wrong... now my trading has been improve.

I believe outside exist a hundreds systems profitable but exist a MILLIONS of a Losser Systems... But for now... and if any "Lurker" is reading this... You should stop what are u doing and start reading the thread and invest time in here... This system is GUARANTEE only if you can beat ur own demons.
  • #9,025
  • Nov 28, 2018 6:16pm Nov 28, 2018 6:16pm
Quoting huatzhi
AUDCAD {image} On a strong trend, the retracement formed by hitting on resistance could be small, so it is trading directly toward resistance. I am still not sure what to do around here. It is better that I stay out, but is it basic PASR?
Exactly in there.. -> In my point of view -> Is where the add on is make it.
  • #9,026
  • Edited 7:29pm Nov 28, 2018 7:13pm | Edited 7:29pm
Quoting huatzhi
Hi guys, I want to share my observation of what I think I have missed passed few days. NZDJPY {image} I tend to not pay much attention to chart that is having a mess consolidation in worker. So When I see this BUOB on hard right edge, I kind of think it is just another candle in the mess, failed to see PASR in confluence of Strat Shadow. A side note, this is the occurrence where Head and Shoulder failed on H4. AUDCAD {image} On a strong trend, the retracement formed by hitting on resistance could be small, so it is trading directly toward resistance....

AUDCAD

As HappyTrend pointed out, its Add on. see The charts for my view

Worker
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If in doubt ..then check H4
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H4 Trend is still intact. Then gives PASR signal. I wasn't in AUDCAD trade,Because I was in NZDCAD trade and couple of others like AUDNZD (useless trade.I closed it for 6 pips). And GBPNZD

NZDCAD
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GBPNZD
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Hope this helps

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #9,027
  • Nov 28, 2018 8:34pm Nov 28, 2018 8:34pm
Quoting strat
USDCHF {quote} This is why I no longer trade CHF pairs: My Stop Loss to protect my positions was under that gravestone doji on the Daily and shooting star like candle on the Weekly BUT: SNB, UNANNOUNCED, flooded the Market with such huge amounts of CHF BUY orders which caused PRICE to drop FASTER than a lightning bolt! My stop loss didn't get triggered until 85% of my profits were wiped out! Not that it would have mattered but this was not a scheduled "news" event which is typical of SNB. {image} {image}

So you survived the crash but Alpari (my broker) went bust.. ha ha


Thanks Strat
Focus, Patience, Discipline, Determination and Perseverance
  • #9,028
  • Edited Nov 29, 2018 5:14am Nov 28, 2018 10:56pm | Edited Nov 29, 2018 5:14am
Quoting HappyTrend
{quote}....... and if any "Lurker" is reading this... You should stop what are u doing and start reading the thread and invest time in here... This system is GUARANTEE only if you can beat ur own demons.

Yes , We should crawl before walking (as per Strat.)..Crawling in FX Trading is Basic PASR.
Focus, Patience, Discipline, Determination and Perseverance
  • #9,029
  • Nov 29, 2018 3:18am Nov 29, 2018 3:18am
PASR in Training

Quoting celguek
{quote} Here is my chart https://www.tradingview.com/chart/NZ...R-in-Training/ I snatched +40 pips yesterday, and still have 1 open trade on this pair. Why do I haven't closed yet? Because I see last week bar still controlled by last 2 weeks bar ( I could be wrong about WCC since I'm in training ). Bold Dashed line are my BB's SR, undashed lines are my B's SR, the magenta line is where I closed my first trade, and the cyan line is my open positions.
I just opened metatrader and it left me with my jaw closed by my palm.
Eventho I traded with the minimum lot but this is my first time bag 150 pips.
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  • #9,030
  • Nov 29, 2018 4:18am Nov 29, 2018 4:18am
GBP NZD M5 Trend Trading

Basically I try to wait for London opening, but this one jumped into my face this morning (it felt right!), so I decided to take that trade with a SL at my S/R-level above. Closing was the BUEB (see arrow) with +80 pips.
Beside that I have lot of respect of all the GPB-pairs at the moment, as they are pretty volatile. So I just trade them intraday with tight SL.

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Greetings, Markus
  • #9,031
  • Nov 29, 2018 6:06am Nov 29, 2018 6:06am
Quoting Malu
GBP NZD M5 Trend Trading Basically I try to wait for London opening, but this one jumped into my face this morning (it felt right!), so I decided to take that trade with a SL at my S/R-level above. Closing was the BUEB (see arrow) with +80 pips. Beside that I have lot of respect of all the GPB-pairs at the moment, as they are pretty volatile. So I just trade them intraday with tight SL. {image} Greetings, Markus
Well done Malu. Haven't you in other GBP pairs? beautiful day for M5 trend trading..
Focus, Patience, Discipline, Determination and Perseverance
  • #9,032
  • Nov 29, 2018 6:28am Nov 29, 2018 6:28am
Quoting Suran
{quote} Well done Malu. Haven't you in other GBP pairs? beautiful day for M5 trend trading..
Thanks Suran. Yes it was (is) a nice day for M5 Trend Trading. Wasn't in GBP AUD as that is highly correlated with GBP NZD.
Took GBP USD, where I could manage +15 pips.

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Greetings, Markus
  • #9,033
  • Edited 8:35am Nov 29, 2018 7:35am | Edited 8:35am
Hi Strat (and all)

Today I tried this trade which become a loser.Could you pls give me your views.

AUDUSD

Counter trend trade. Price inside the Weekly control candle for last two weeks. I saw this 4H Shooting star (I would like bit long wick) at top level of Weekly control candle, My plan was to trade this at least to Strat Shadow support.
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Many thanks

Suranga

P.S. Should I need to consider that big Bullish candle before entering?
Focus, Patience, Discipline, Determination and Perseverance
  • #9,034
  • Nov 29, 2018 8:01am Nov 29, 2018 8:01am
Quoting Suran
Hi Strat (and all) Today I tried this trade which become a loser.Could you pls give me your views. AUDUSD Counter trend trade. Price inside the Weekly control candle for last two weeks. I saw this 4H Shooting star (I would like bit long wick), My plan was to trade this at least to Strat Shadow support. {image} Many thanks Suranga P.S. Should I need to consider that big Bullish candle before entering?
Hello Suran,
I was thinking about this trade too, but when I checked Daily timeframe (upswing in range, but with HH,HL structure) I had doubt about this trade, then I have ressistance little bit higher then you, so I saw still space until price will reach it, then I scrolled down to H1 timeframe and realized that this bond shooting star is only retracement into strat shadow in this timeframe, so you could entered to trend in H1, but for me it was low RRR only 1,5:1 so I stayed away from this trade

[attach]AUDUSDDaily.png;3111769

[/attach]
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  • #9,035
  • Nov 29, 2018 8:39am Nov 29, 2018 8:39am
Quoting Mhons
{quote} Hello Suran, I was thinking about this trade too, but when I checked Daily timeframe (upswing in range, but with HH,HL structure) I had doubt about this trade, then I have ressistance little bit higher then you, so I saw still space until price will reach it, then I scrolled down to H1 timeframe and realized that this bond shooting star is only retracement into strat shadow in this timeframe, so you could entered to trend in H1, but for me it was low RRR only 1,5:1 so I stayed away from this trade {image} {image}
Hmm ,make sense. I saw pretty bullish daily uptrend But as its within Weekly Control Candle I wanted to trade it.

Thanks
Focus, Patience, Discipline, Determination and Perseverance
  • #9,036
  • Nov 29, 2018 9:03am Nov 29, 2018 9:03am
Quoting Suran
Hi Strat (and all) Today I tried this trade which become a loser.Could you pls give me your views. AUDUSD Counter trend trade. Price inside the Weekly control candle for last two weeks. I saw this 4H Shooting star (I would like bit long wick) at top level of Weekly control candle, My plan was to trade this at least to Strat Shadow support. {image} Many thanks Suranga P.S. Should I need to consider that big Bullish candle before entering?
hi
I was watching the H4 charts today and this caught my attention as well, and for me there is nothing there yet to consider short. At least not yet. I think you just expected for price to travel inside the WCC. Which is possible I think
I think those 2 candles should make you consider selling where you did
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  • #9,037
  • Nov 29, 2018 9:41am Nov 29, 2018 9:41am
NZDJPY, AUDCAD & EURAUD

Quoting huatzhi
Hi guys, I want to share my observation of what I think I have missed passed few days. NZDJPY {image} I tend to not pay much attention to chart that is having a mess consolidation in worker. So When I see this BUOB on hard right edge, I kind of think it is just another candle in the mess, failed to see PASR in confluence of Strat Shadow. A side note, this is the occurrence where Head and Shoulder failed on H4. AUDCAD {image} On a strong trend, the retracement formed by hitting on resistance could be small, so it is trading directly toward resistance....
Since M5 is as dead as a dodo (probably waiting for FOMC & G20) in my time zone (7:25am PST), I can comment.

NZDJPY I tend to not pay much attention to chart that is having a mess consolidation in worker.

Very good - there are many opportunities on other pairs so no need to mess with low probability trades.

Just as I write this, GBP pairs make a 20+ pip exhaustion move to test support!

AUDCAD On a strong trend, the retracement formed by hitting on resistance could be small, so it is trading directly toward resistance. I am still not sure what to do around here. It is better that I stay out, but is it basic PASR?

No - what do you SEE on the Boss (Weekly) chart?

EURAUD BB and B are in a down swing. Feel like not taking any of these are wrong.

Yes, since PRICE on the Worker (Daily) is making a re-test of support

It seems like you have lost confidence in YOU and PASR - just trade what you SEE ""in the NOW"" and stop thinking.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,038
  • Nov 29, 2018 9:46am Nov 29, 2018 9:46am
USDJPY H4

Quoting huatzhi
{quote} Not sure if it matter, but I also see this confluence when I compare it on my chart. {image}
Not sure if it matter

Yes, it does matter as it adds to the probability of a successful trade. I saw it, which was part of my analysis.
15 YEARS OF PASR ON FOREX FACTORY!
  • #9,039
  • Nov 29, 2018 10:00am Nov 29, 2018 10:00am
Quoting bistolis
{quote} hi I was watching the H4 charts today and this caught my attention as well, and for me there is nothing there yet to consider short. At least not yet. I think you just expected for price to travel inside the WCC. Which is possible I think I think those 2 candles should make you consider selling where you did {image}
Yes , looks like its not yet ready to travel inside WCC . thanks
Focus, Patience, Discipline, Determination and Perseverance
  • #9,040
  • Nov 29, 2018 10:01am Nov 29, 2018 10:01am
AUDCAD

Quoting Suran
{quote} AUDCAD As HappyTrend pointed out, its Add on. see The charts for my view Worker {image} If in doubt ..then check H4 {image} H4 Trend is still intact. Then gives PASR signal. I wasn't in AUDCAD trade,Because I was in NZDCAD trade and couple of others like AUDNZD (useless trade.I closed it for 6 pips). And GBPNZD NZDCAD {image} GBPNZD {image} Hope this helps Suranga
AUDCAD As HappyTrend pointed out, its Add on

HT didn't point it out - he didn't know what to do - I gave him a "nudge" on Add On.

But, the main concern is ""This Shooting Star invalidated by this Bullish bar" written on the chart.

You almost got it right. It is only ""invalidated"" when there is a CLOSE above the high of the Shooting Star. There was a CLOSE on my chart but not on yours.

Everything else is good
15 YEARS OF PASR ON FOREX FACTORY!
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