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Strat's PASR Long Term, Stress Free Trading

  • #5,281
  • Jun 1, 2018 12:48pm Jun 1, 2018 12:48pm
GBPCAD M5 PASR Trend Trading 30+ pips

Just 30+ pips for us in PST

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15 YEARS OF PASR ON FOREX FACTORY!
  • #5,282
  • Jun 1, 2018 12:51pm Jun 1, 2018 12:51pm
EURAUD M5 PASR Trend Trading 30+ pips

Just 30+ pips for us in PST

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15 YEARS OF PASR ON FOREX FACTORY!
  • #5,283
  • Jun 1, 2018 12:55pm Jun 1, 2018 12:55pm
EURNZD M5 PASR Trend Trading 30+ pips

Just 30+ pips for us in PST

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15 YEARS OF PASR ON FOREX FACTORY!
  • #5,284
  • Jun 1, 2018 3:22pm Jun 1, 2018 3:22pm
So I felt confident posting this GBPJPY trade done today on M5 . Still not perfect and I have a bit to go yet with my study. I could have maybe waited for test of break of my support line before entry but it worked out for me pretty good. Also I could have kept trade on for a bit more but after 93 pips I was so excited I did a good one that I wanted to get out while the going was good. Now I just have to keep getting it right. Would be grateful for feed back.
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  • #5,285
  • Jun 2, 2018 3:54am Jun 2, 2018 3:54am
Quoting strat
NFP Members remaining from my now defunct private website will understand what this candle, resulting from NFP, means in PASR. {image}
Very interesting.
For me, during big news, the PASR loses all its value, in short TFs (M1 M5 etc ) - it has no meaning
Possibly a bear trap.but wait until calm returns,
I'm fleeing the NFP.
There are Algos who are triggering. On small TFs, we have at this moment a lot of noise, the formation of candles :erratic . It's the chaos at that moment.
In addition often a large spread / slippage because of a lack of liquidity. The quality of the graph will be much impacted depending on the data flow you have.
Before we could hope to exchange this type of news (such as arbitrage) semi auto, on solid platforms and on a vps with a very low latent near the Exchange Center).
We could still have an exchange of the order of milliseconds.
Now with technology, you have to pay a fortune because the order of execution is measured in the thousandth of a second. it's the war of technology, at the speed of light!
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Your old members of the site are not on the topic now?
  • #5,286
  • Jun 2, 2018 4:09am Jun 2, 2018 4:09am
Quoting caledonia
So I felt confident posting this GBPJPY trade done today on M5 . Still not perfect and I have a bit to go yet with my study. I could have maybe waited for test of break of my support line before entry but it worked out for me pretty good. Also I could have kept trade on for a bit more but after 93 pips I was so excited I did a good one that I wanted to get out while the going was good. Now I just have to keep getting it right. Would be grateful for feed back. {image}
You did well. My take profit would have been about the same had I traded this. I set a PASR level and let price travel towards it, I also sometimes trail the price under/above each swing if I have multiple entries and protect all but the last one until it reaches my level.

Keep doing more of this.

Think less about where to take profit and more about your risk. The winners are the consequence of good risk management.
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #5,287
  • Jun 2, 2018 4:12am Jun 2, 2018 4:12am
Quoting strat
GBPJPY M5 PASR Trend Trading 30+ pips Just 30+ pips for us in PST {image}
Drawing supports / resistances are enigmatic for me.
Is it right below?
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The perfect trade. I would have waited 1h after ISM. + resistance break 145.30 ...

Good ratio.
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Viva M5 PASR Strat Shadow.
  • #5,288
  • Jun 2, 2018 4:20am Jun 2, 2018 4:20am
Quoting caledonia
So I felt confident posting this GBPJPY trade done today on M5 . Still not perfect and I have a bit to go yet with my study. I could have maybe waited for test of break of my support line before entry but it worked out for me pretty good. Also I could have kept trade on for a bit more but after 93 pips I was so excited I did a good one that I wanted to get out while the going was good. Now I just have to keep getting it right. Would be grateful for feed back. {image}
Personally I would have waited a little (because of PMI)
A personal choice.

Has your SL placed it to you?
The big ones do not care about profits. They care about the risk!
I posted my vision of the trade above.

Congratulations to you!
  • #5,289
  • Jun 2, 2018 4:23am Jun 2, 2018 4:23am
Quoting BeyondTheSea
{quote} You did well. My take profit would have been about the same had I traded this. I set a PASR level and let price travel towards it, I also sometimes trail the price under/above each swing if I have multiple entries and protect all but the last one until it reaches my level. Keep doing more of this. Think less about where to take profit and more about your risk. The winners are the consequence of good risk management.
Forgot to talk about my stop. I did place it below the first arrow at first then moved it up to break even after the first little draw down, then moved it up after next swing down then below next S/R after US open. I'm still working on moving stops as I realise the trade needs some room to breath but at the same time if it goes against me I want out. Sometimes I'm stopped out at break even then the thing takes off up and I missed out on the move so that's something I need to work on.
  • #5,290
  • Jun 2, 2018 4:29am Jun 2, 2018 4:29am
Quoting fleurdelys
{quote} Drawing supports / resistances are enigmatic for me. Is it right below? {image} The perfect trade. I would have waited 1h after ISM. + resistance break 145.30 ... Good ratio. {image} Viva M5 PASR Strat Shadow.
Just keep practising.

Try just using only 2 lines, one for support and one for resistance.

Use a higher time frame, maybe 1 hour or 4 hour for the 5 minute chart.

Zoom all the way out on your chart and levels become very obvious.

Stop using Pivot indicators, Fib levels/extensions and anything else. They will only interfere with your mind.
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #5,291
  • Jun 2, 2018 4:33am Jun 2, 2018 4:33am
Quoting caledonia
{quote} Forgot to talk about my stop. I did place it below the first arrow at first then moved it up to break even after the first little draw down, then moved it up after next swing down then below next S/R after US open. I'm still working on moving stops as I realise the trade needs some room to breath but at the same time if it goes against me I want out. Sometimes I'm stopped out at break even then the thing takes off up and I missed out on the move so that's something I need to work on.
Yeah, break even stops just don't work for me.

I've tried every single method under the sun and it just boils down to accept the loss before I take the trade. It's taken thousands of trades for me to realise this.
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #5,292
  • Jun 2, 2018 1:15pm Jun 2, 2018 1:15pm
[quote = BeyondTheSea; 11126934] {quote} Continue de pratiquer. Essayez d'utiliser seulement 2 lignes, une pour le support et une pour la résistance. Utilisez une période plus longue, peut-être 1 heure ou 4 heures pour le graphique de 5 minutes. Zoom tout le chemin sur votre graphique et les niveaux deviennent très évidents. Arrêtez d'utiliser les indicateurs Pivot, les niveaux Fib / extensions et toute autre chose. Ils vont seulement interférer avec votre esprit. [/ Quote]
Thank you
I leave the H4, then H1 to find the support resistance ..... But there are dozens of possibilities. I absolutely have to work on it.
This is the 2nd week in real life, but I trade little and strong probabilities.

I do not use fibo pivot etc. Only Pasr Start shadow and my head

I'mvery happy to hear about the break even. On dozens of trades, actually my Break evens have missed me beautiful trades.
Or put it BE with from a ratio 3 taking some of the profits.
  • #5,293
  • Jun 4, 2018 4:24am Jun 4, 2018 4:24am
thanks strat.... entry buy on GU because WCC , PASR and strat shadow..... and a bit luck
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  • #5,294
  • Jun 4, 2018 4:58am Jun 4, 2018 4:58am
Quoting Santoso777
thanks strat.... entry buy on GU because WCC , PASR and strat shadow..... and a bit luck {image}
There is no luck in PASR..

Be careful, you are trading the pullback on the daily and entered very close to a SR zone on the H1 chart.
  • #5,295
  • Jun 4, 2018 5:53am Jun 4, 2018 5:53am
Quoting Santoso777
thanks strat.... entry buy on GU because WCC , PASR and strat shadow..... and a bit luck {image}
"a bit luck" No ... big Luck!

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  • #5,296
  • Jun 4, 2018 9:42am Jun 4, 2018 9:42am
Quoting Santoso777
thanks strat.... entry buy on GU because WCC , PASR and strat shadow..... and a bit luck {image}
I hope you closed your trade with some pips... Perhaps study PASR more...
  • #5,297
  • Jun 4, 2018 10:06am Jun 4, 2018 10:06am
GBP AUD M5 Trend Trading

Wasn’t brave enough to add on on the way down. Don’t know why to be honest.
Nevertheless happy to get 70 pips from the market.

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  • #5,298
  • Jun 4, 2018 10:13am Jun 4, 2018 10:13am
SL below wick hammer :Ratio 3
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I am not proud of the EUR USD trade because no sawtooth, I think

SL above the engulfing. Ratio almost 3
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  • #5,299
  • Jun 4, 2018 12:31pm Jun 4, 2018 12:31pm
GBPJPY M5 PASR Trend Trading 93 pips

Quoting caledonia
So I felt confident posting this GBPJPY trade done today on M5 . Still not perfect and I have a bit to go yet with my study. I could have maybe waited for test of break of my support line before entry but it worked out for me pretty good. Also I could have kept trade on for a bit more but after 93 pips I was so excited I did a good one that I wanted to get out while the going was good. Now I just have to keep getting it right. Would be grateful for feed back. {image}
Very good. Keep studying PASR and the Strat Shadow particularly how PRICE behaves and reacts in and around the Strat Shadow in a TREND

Lang may yer lum reek
15 YEARS OF PASR ON FOREX FACTORY!
  • #5,300
  • Jun 4, 2018 12:34pm Jun 4, 2018 12:34pm
GBPAUD M5 PASR Trend Trading 70 pips

Quoting Malu
GBP AUD M5 Trend Trading Wasn’t brave enough to add on on the way down. Don’t know why to be honest. Nevertheless happy to get 70 pips from the market. {image}
Don’t know why to be honest

Its called ""experience"" and confidence in YOU and PASR
15 YEARS OF PASR ON FOREX FACTORY!
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