Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

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

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

Strat's PASR Long Term, Stress Free Trading

Quoting Strat
{quote} Once you catch the worker and Boss turning in the direction of the BB, just follow it. Wow - what a fantastic opportunity to Fill Yer Wellies and Drain The Bank, Terry - hope you were in on it! {image}
Hey Strat,
You are absolutely correct and I definitely did quite well on this one.

Regards
Terry
EURGBP LONG 4hr - Setup
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 50 KB
Just to reemphasize the importance of Power of Time Frames.
This is for you Lou.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
Click to Enlarge Name: screenshot.png Size: 25 KB
Click to Enlarge Name: screenshot.png Size: 23 KB
Quoting TerryDawe
Just to reemphasize the importance of Power of Time Frames. This is for you Lou. {image} {image} {image}
Right . Higher Time Frame Continuity...... and my question is where would the entry be using the daily ? The monthly would be turning, so the weekly and then the daily would be turning in the direction of the monthly which is what Strat has said.
Quoting Lou
{quote} Right . Higher Time Frame Continuity...... and my question is where would the entry be using the daily ? The monthly would be turning, so the weekly and then the daily would be turning in the direction of the monthly which is what Strat has said.
Read Strat's post 18,193 and you have your answer.
In addition, next entry on worker as noted on attached.

Regards
Terry
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
A/J Daily as above in Terry's posts with the Dynamic Fib lines . Using MA in Color Fib
Attached Image (click to enlarge)
Click to Enlarge Name: 2024-07-31_22-51-58.png Size: 5 KB
lines turning from blue to red .
Using the price line chart feature on MT4 and overlaying the MA in Color set at 1 to highlight price action The faint dashed lines above and below the price line show the high low range of the wicks as price moves.
Great PA throughout the Euro session
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 57 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 238 KB
Quoting TerryDawe
{quote} Read Strat's post 18,193 and you have your answer. In addition, next entry on worker as noted on attached. Regards Terry {image}
That last entry looked pretty good and so far no stopping it. But look where it bottomed today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Click to Enlarge Name: screenshot.png Size: 21 KB
Quoting TerryDawe
{quote} That last entry looked pretty good and so far no stopping it. But look where it bottomed today {image} {image}
And here we stop for now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
Click to Enlarge Name: screenshot.png Size: 20 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB

and right at the close of current candle Long

probably fooled me but 25 points is ok
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB


it is struggling to higher right now. I will take a break and maybe quit for today
Hey everyone,

Just thought I would introduce myself -- I have been a long term lurker of this forum and decided to come out of the wood work and join the conversation.

I am definitely not a shorter-term trader that Strat and some of the other guys have obviously locked down, I prefer to hang out on the weekly, daily and occasionally the 4hr time frame.

Just another PA trader... hope it's cool if I post a few set-ups for anyone to comment / critique...

Jumped on this one earlier today (Tradingview "work sheet" chart shown)

NZDUSD Daily
Big Bearish Engulfing bar formed yesterday, popping back down from a decent supply area.. blue line is where I will start to look to move to my stop to BE then let the trade run out back toward the early August and April 2024 lows.

Looking forward to joining the discussion further.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 54 KB
Quoting northernpips
Hey everyone, Just thought I would introduce myself -- I have been a long term lurker of this forum and decided to come out of the wood work and join the conversation. I am definitely not a shorter-term trader that Strat and some of the other guys have obviously locked down, I prefer to hang out on the weekly, daily and occasionally the 4hr time frame. Just another PA trader... hope it's cool if I post a few set-ups for anyone to comment / critique... Jumped on this one earlier today (Tradingview "work sheet" chart shown) NZDUSD Daily Big Bearish...
Welcome, hopefully Terry Dawe will work with you as he is the "goto" guy on your longer time frames
15 YEARS OF PASR ON FOREX FACTORY!
Quoting Strat
{quote} Welcome, hopefully Terry Dawe will work with you as he is the "goto" guy on your longer time frames
Thanks Strat,

I have had the opportunity to read a lot of Terry's stuff and I respect how he assesses ideas and executes the trades he has shared... I am happy to see we are on the the same sheet of music with respect to a lot of our ideas, it also definitely seems like he has a strong handle on the multi-time frame analysis that was the genesis for a lot of your early stuff, which I was familiar with from stalking this forum...it is the core of how I approach my trading.

Look forward to no doubt going back and forth with T.D. on some ideas on how we approach things!
Quoting northernpips
Hey everyone, Just thought I would introduce myself -- I have been a long term lurker of this forum and decided to come out of the wood work and join the conversation. I am definitely not a shorter-term trader that Strat and some of the other guys have obviously locked down, I prefer to hang out on the weekly, daily and occasionally the 4hr time frame. Just another PA trader... hope it's cool if I post a few set-ups for anyone to comment / critique... Jumped on this one earlier today (Tradingview "work sheet" chart shown) NZDUSD Daily Big Bearish...
This is not a criticism, however:
What color are the higher time frames?
So what color are we waiting for to enter?
What direction is shadow and 9ema on worker?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Click to Enlarge Name: screenshot.png Size: 18 KB
Click to Enlarge Name: screenshot.png Size: 16 KB
Quoting northernpips
Hey everyone, Just thought I would introduce myself -- I have been a long term lurker of this forum and decided to come out of the wood work and join the conversation. I am definitely not a shorter-term trader that Strat and some of the other guys have obviously locked down, I prefer to hang out on the weekly, daily and occasionally the 4hr time frame. Just another PA trader... hope it's cool if I post a few set-ups for anyone to comment / critique... Jumped on this one earlier today (Tradingview "work sheet" chart shown) NZDUSD Daily Big Bearish...
Stopped out early this AM.
No arguments with your analysis Terry D.

Thanks for taking the time
Quoting TerryDawe
{quote} This is not a criticism, however: What color are the higher time frames? So what color are we waiting for to enter? What direction is shadow and 9ema on worker? {image} {image} {image}
Terry, mind taking a look at this one?

Took it a few days earlier then the previous trade, this was back on August 8th... again BUEB off support... starting to think I've been getting away with some loose trades and have been focusing too much on patterns and how they hit support, rather than MTF's... anyway appreciate any insights (trading view chart) you can see I typically target a 1:2 risk and typically smash my stop to BE pretty aggressively, usually around 1:1.. just what I am comfortable with.

You can see this one worked out, more concerned with how you'd rank this one
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-08-19 at 12.49.54 PM.png Size: 13 KB




Thanks,
Hello Strat,
Im back afer few years, do you have same strategy like in your start in Forex? BigBoss, Boss, Worker and PASR?
Do you have new rules about your Trading? In which TF you often trading? M,W,D?

Regards, Dan
I know there is not a lot of interest in this thread anymore but I just can't help but post such great charts:
Strat's long term stress free trading in action:
345 pips since August PA signal and only one stop to rest on the way.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Quoting TerryDawe
I know there is not a lot of interest in this thread anymore but I just can't help but post such great charts: Strat's long term stress free trading in action: 345 pips since August PA signal and only one stop to rest on the way. {image}
Hello Terry,
my first post on this thread, have studied some time your charts to learn from it, was on that trade with GBPUSD and also with half risk then at AUDUSD.
BB up, BOSS 22 reversal, worker little pullback to shadow and also 22 reversal towards TP zones

regards Thorsten
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDWeekly.png Size: 11 KB
Click to Enlarge Name: AUDUSDDaily.png Size: 10 KB
4 traders viewing now, 1 is a member:
faktmany