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MY PASR journey Based on Strat's PASR Trading 76 replies

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Attachments: Strat's PASR Long Term, Stress Free Trading
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Strat's PASR Long Term, Stress Free Trading

thanks @LuisRicardo, @Rub, and @TerryDawe
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
Quoting Suran
{quote} Macuba, If I consider this only within STRAT SHADOW point of view- Big boss- Negative Boss - Negative So you fighting against Boss and Big boss trend? P.S. What are the settings you using for Strat shadow. your charts seems different from mine.
From my point of view, there is no trend in the BigBoss, the blue arrow was the trend breaking a strong support and moving from one consolidation area to another. I see very possible that the price will touch the resistance again.
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Quoting LuisRicardo
{quote} He is using simple ma
ohh thats why.
Focus, Patience, Discipline, Determination and Perseverance
Quoting LuisRicardo
{quote} From my point of view, there is no trend in the BigBoss, the blue arrow was the trend breaking a strong support and moving from one consolidation area to another. I see very possible that the price will touch the resistance again. {image}
Hmm, many ways to interpret what PRICE is doing
Focus, Patience, Discipline, Determination and Perseverance
Quoting LuisRicardo
{quote} From my point of view, there is no trend in the BigBoss, the blue arrow was the trend breaking a strong support and moving from one consolidation area to another. I see very possible that the price will touch the resistance again. {image}
@LuisRicardo
How do you get those thick black candle wicks on your chart? Do you use an extra indicator which plots the candles this way?
Good Morning!
My trades this morning...(first EURNZD and GBPNZD were trades counter PSAR)
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"What would you attempt to do, if you knew your success was a certainty?"
Quoting Jagg
{quote} @LuisRicardo How do you get those thick black candle wicks on your chart? Do you use an extra indicator which plots the candles this way?
Yes
hello Strat. just a small question to start as i am only on page 36 or so of your first thread and dont feel confident enough yet, with your strategy, to provide any constructive input here.....

on the volumes indicator would i be right in saying the nos. in the top left of the indicator represents "millions" as in the attachment. $12641,000,000

Cheers....
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If at first you don't succeed, try, try again.
Quoting Alesiosc
hello Strat. just a small question to start as i am only on page 36 or so of your first thread and dont feel confident enough yet, with your strategy, to provide any constructive input here..... on the volumes indicator would i be right in saying the nos. in the top left of the indicator represents "millions" as in the attachment. $12641,000,000 Cheers.... {image}
We do not use Volume Indicator. Keep reading all the Thread. CHEERS.
Quoting Cj.cn
USDCAD BigBoss 20EMA as Support {image} Boss BUEB and Closed above StratShadow {image} Work Entry as the order was triggled {image} Am i hurried? Any comments welcome. thanks
Not the best entry in my opinion, but it is still a PASR entry. However, is better to keep SL abit further (if that red line is your SL)

Quoting macuba
Hello traders, I have a question to everyone since i am struggling on my own and i was hoping if anyone can give me any help. Fon the last two weeks i havent found any clear DAILY PASR entry signal that met the criteria that STRAT has established on the PATH and i found myself looking on M5 time frames and even worse sometimes on M1 . Althought i managed to make decent amount of PIPS about 100 a week i am not satifisied since i would prefer the stress free daily PSAR which also is not such demanding in spending so much screen time. To sum up is...
I still have that issue. However, I am pretty sure there are still valid entry around if you just look for basic PASR. I am still looking for that answer, sort of. What I am trying is, practicing M5/M1 to fine tuning my entry, and make sure I entry those simple obvious PASR setup when daily chart make it happen (of course when it align with higher TF.)

Quoting LuisRicardo
{quote} The price can be range in the yellow marked area for a while, A good entry can be find in H4 Month: AUDUSD {image} AUDNZD {image} H4: AUDUSD {image} AUDNZD {image}
Maybe, try not predict price, but let price lead the way?

Quoting macuba
GBP/USD BB : Price in down trend but in consolidation for 6 months B : Price traped in WWC for 3 weeks and in swing down W : last candle is a BUEB and price bounced hard So we ve got a PASR in the base supoort of the WCC Is this a solid long entry with TP at the the top of WCC? {image} {image} {image}
There are multiple SR in the way. However, one thing I do learn is, when 3 TF PASR align, it often cut through SR like butter. If you are comfortable with that setup, go for it. I mean,

BB
- What price is doing? A pause of down trend coming to a consolidation zone as price hitting support.
- Where price is now relative to SR? right below Strat Shadow, but right above SR, forming BUOB. [Around 1.3 BRN]

B
- Is price going against the direction of BB? Price on low of WCC forming a hammer. It could be turning to bullish.
- Where price is now relative to SR? Forming a hammerish doji on SR 1.29

W
- Is worker following boss or is it in conflict? Worker is forming BUEB, potentially turning toward boss.
- Where price is now relative to SR? Is on WCC low that can act as SR (or right below SR 1.29)
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15 YEARS OF PASR ON FOREX FACTORY!
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15 YEARS OF PASR ON FOREX FACTORY!
M5 Bootcamp

This time I am getting my SR ready, since bank is holiday today, probably low volatility. (Though there is another pair that do better that I checked after I finished my M5 bootcamp)

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(0) The confirmation of price is in downward momentum (for me), though I wasn't looking at the chart that time.
(1) First entry, simple and obvious
(2) entry that show resist to Strat Shadow
(3) BEOB close below Strat Shadow
(4) Entry doji resist to Strat Shadow
(5) Entry close below Strat Shadow
(6) I kind of confirm price is not going down anymore, but for some reason I decide to wait to see what happen next.
(7) Confirmed price not going down anymore. Exit.
(8) Resume of uptrend.
(9) Retest of SR(that show support before, and show resistance on (1) and (3)), I think my SR is off on this chart?
(10) Time to rest.

Need more practice.
Comments are welcome.
DAX
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"What would you attempt to do, if you knew your success was a certainty?"
M5 Bootcamp
EURNZD
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(1) Downward confirmation
(2) Retest of Strat Shadow
(3) It is still in consolidation rather, exit as I don't feel this pair.
[Considering the low vol and the spread, I think this is probably a losing trade]

GBPNZD
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(1) BUEB retest previous resistance (white lines SR coming from higher TF)
(2) BUOB doing the same thing
(3) BUOB testing Strat Shadow
--> A GBP Breaking News Happen
(4) Found resistance, watching for long enough, time to rest

Afterthought: I should just stop trading against the major trend already, there really isn't a point to do it.

As usual, comments are welcomed and appreciated.
[Considering the low vol and the spread, I think this is probably a losing trade]
I cannot, for the life of me, tell where to send you a PM Strat. I hope you don't mind me posting it here. It seems the thread has moved on since the 1st one and everything seems, from the few pages I've read, just focused more on trading posts than some traders stories.

"Hello Strat. my is Cameron. I am on post #1118 of The Path thread at the moment, having also read up to around post #400 on J16's thread on PA. I have just read Nicola's story from where she has arisen from and the psychological battle she went through. Something I can fully relate to. I also keep seeing your posts on lurkers and understand your views on them. This is what prompted me to send this to you. I have registered on the forum, replied to The Path thread completely forgetting about the new thread you have started. Then posted a small question regarding volume hoping that you may respond as it's not something I have seen often being mentioned in the thread so far by members other than yourself. Moreso, it was to show my face and show that I am not lurking but reading. I didn't want to be disregarded before I have even started. I then realised that I don't probably have the skills yet to participate in the 2nd forum so after, it seems, I was corrected that your methodology doesn't take volume into account, which I believe you do, I decided to go back to The Path thread and absorb some more of your unselfish teachings. I hope I am not boring you with this but just wanted make sure I wasn't being looked at as a lurker as when I feel confident enough I will post feedback on my thoughts but also I feel I need to at least complete The Path thread before posting on your 2nd forum. Cheers."
If at first you don't succeed, try, try again.
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15 YEARS OF PASR ON FOREX FACTORY!
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15 YEARS OF PASR ON FOREX FACTORY!
USDCAD

Sore thumb..

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M5

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Fish n Chips ready, dog needs walking and BRN approaching. I'm out..
Private Msgs are turned off to weirdos, loafs and brain drainers
Quoting huatzhi
M5 Bootcamp EURNZD {image} (1) Downward confirmation (2) Retest of Strat Shadow (3) It is still in consolidation rather, exit as I don't feel this pair. [Considering the low vol and the spread, I think this is probably a losing trade] GBPNZD {image} (1) BUEB retest previous resistance (white lines SR coming from higher TF) (2) BUOB doing the same thing (3) BUOB testing Strat Shadow --> A GBP Breaking News Happen (4) Found resistance, watching for long enough, time to rest Afterthought: I should just stop trading against the major trend already,...
Ref the GBPNZD trade: Not many comments to add apart from well done and keep getting many more trades in....

4 was your exit point and you can see that, also do not put too many (GREED and FEAR) levels on your chart.
Private Msgs are turned off to weirdos, loafs and brain drainers
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