My PASR Trend Trading Journals

1. Mottos:

1. "Trend is your friend."
2. "FORGET ABOUT REVERSALS - that is top and bottom trading which only LOSERS trade!"

2.Trend+SR+PA(TSRPA)

1st Trend

1. Price Structure: L-H-HL-HH/H-L-LH-LL
2. Line: Trend Line/Channel
3. Moving Average: 21/72/200

2nd SR

1. Swing Low/High

3rd PA

1. BEEB/BEOB
2. BUEB/BUOB
3. ShootingStar/Hammer
4. InsideBar

3. MM

1. SL: Trade with StopLoss
2. TP: Trend trader is no target.
3. TrailingStop: use trailing stop after 2R.

4. Psychology

1. Patience
2. Flexible
3. Discipline
4. Plan

1# trade
GBPUSD H4 PASR Trend Trade

H4

1. Trend: turn to up trend.
2. SR: Support zone @1.2860-1.2880
3. PA: Hammer at Support and up TL.

1# trade GBPUSD H4 PASR Trend Trade
Bad luck. England Bank announced the Official Bank Rate frome 0.75% to 0.25% suddenly at 3:00pm.

Result: -1R.

2# Trade

USDJPY