Strat's PASR Long Term, Stress Free Trading | Page 14 | Forex Factory

Options

Go to
Permalinks
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

  • #261
  • Edited 3:45pm Oct 25, 2017 3:20pm | Edited 3:45pm
Strat, for learning the basics of your trading method/philosphy, it's good the pdf in first poss, or i could miss something? I Mean: better if i read the wole thread + the pdf, or the pdf comprises the whole thread? I ask here because i can't pm you

Edit: Stupid question. I'll read both. Ignore me.
  • #262
  • Oct 25, 2017 3:45pm Oct 25, 2017 3:45pm
PASR

Quoting Joseph95
Strat, for learning the basics of your trading method/philosophy, it's good this pdf that I've found here on first post, or i miss something? I ask here because this were compiled in 2013 and i can't pm you
The pdf is a very good starting point but it is no substitute for READING and UNDERSTANDING the "old" thread. From there you take what you have READ and UNDERSTOOD and spend thousands of hours applying it to thousand of charts.
15 YEARS OF PASR ON FOREX FACTORY!
  • #263
  • Oct 25, 2017 4:04pm Oct 25, 2017 4:04pm
EURUSD

Quoting Joseph95
What do you think about this, guys? The magenta dotted lines are the max and the min of the previous month, and the red dotted lines are the max and the min of the previous weekly candle.; The worker is trapped inside this, and a triangle has formed. Should it be a long enter...? Weekly seems like it's trying to go up and the monthly... monthly i don't know what is doing. Maybe you know it :-) {image}
Joseph, what I do know is that PRICE is TRAPPED inside a Weekly Control Candle. PRICE will just continue to wiz up and down inside that candle UNTIL such time as there is a CLOSE above the high or a CLOSE below the low.

Even though that is a 219 pip candle, I have absolutely no interest in trading a pair which has NO DIRECTION and therefore, a very low probability in making a profit.

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 67 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #264
  • Oct 25, 2017 4:10pm Oct 25, 2017 4:10pm
Quoting strat
EURUSD {quote} Joseph, what I do know is that PRICE is TRAPPED inside a Weekly Control Candle. PRICE will just continue to wiz up and down inside that candle UNTIL such time as there is a CLOSE above the high or a CLOSE below the low. Even though that is a 219 pip candle, I have absolutely no interest in trading a pair which has NO DIRECTION and therefore, a very low probability in making a profit. {image}
I was thinking the same, a little note: i discovered the "trick" of the WCC 1 month ago just playing with lines on the chart. I would never had imagined which this would have been an important factor in a trading method. lol

Thank's very much Strat. I think you' re my savior and i'd like to have you as mentor.
  • #265
  • Oct 25, 2017 4:15pm Oct 25, 2017 4:15pm
Quoting strat
PASR An example of our 3 TIme Frames IN HARMONY Big Boss {image} Boss {image} Worker {image}
hi mister strat

we want sell because shadow is red at all 3 time frames or because last open candel is red at all 3 time frames? is open candel mater if red or gren or shadow mater only?
  • #266
  • Oct 25, 2017 4:23pm Oct 25, 2017 4:23pm
Quoting ph2lsl
{quote} hi mister strat we want sell because shadow is red at all 3 time frames or because last open candel is red at all 3 time frames? is open candel mater if red or gren or shadow mater only?
I think it's not only about just to wait same color on three timeframes: It's too superficial, we should have a global view of the picture and this is only a painting's snippet. Let's see what is the Strat's thought
  • #267
  • Oct 25, 2017 4:44pm Oct 25, 2017 4:44pm
PASR

Quoting ph2lsl
{quote} hi mister strat we want sell because shadow is red at all 3 time frames or because last open candle is red at all 3 time frames? is open candle mater if red or green or shadow mater only?


Although the Strat Shadow is a very good and useful visual aid, it is only one of the many components which go together in PASR. What you are asking is a short cut to learning to trade. There are no short cuts in learning to trade - you are either in it for the long haul (think 3+ years) or you will end up thread hopping and blowing all the money you have. Either learn to trade as if it was your only means of income or find a hobby with no financial impact.
15 YEARS OF PASR ON FOREX FACTORY!
  • #268
  • Oct 25, 2017 4:52pm Oct 25, 2017 4:52pm
GBP

Presumably the better Actual against Forecast figure is the reason for the rise in GBP against all other currencies.

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 2 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #269
  • Oct 25, 2017 5:01pm Oct 25, 2017 5:01pm
Welcome back strat. You may not remember me, but I used your indicators back in the day. The pdf you release is very good and will benefit a lot of traders.

Regards.
If you are good at something, never do it for free--Joker
  • #270
  • Oct 25, 2017 5:44pm Oct 25, 2017 5:44pm
Hello Strat,
Thank you for starting this thread. I look forward to learn from you. I am trying to catch up and reading this thread and your old thread as well. Just few questions if you can answer:

a) I starting testing on charts MAs : 20 EMA and 50 SMA . Some old posts I am also reading you use EMA 63. If I am using MAs just for some visual help on Major pairs which one you recommend to use ? I will be using and live testing on demo account on UC, GU, EU, AU, NU, EG.

b) Is Strat shadow just MAs EMA 20 and SMA 50?

Kind regards,
  • #271
  • Oct 25, 2017 5:52pm Oct 25, 2017 5:52pm
Quoting fx280
Hello Strat, Thank you for starting this thread. I look forward to learn from you. I am trying to catch up and reading this thread and your old thread as well. Just few questions if you can answer: a) I starting testing on charts MAs : 20 EMA and 50 SMA . Some old posts I am also reading you use EMA 63. to use ? I will be using and live testing on demo account on UC, GU, EU, AU, NU, EG. b) Is Strat shadow just MAs EMA 20 and SMA 50? Kind regards,
I use the 9, 20 and 70. It started as 50, moved to 63 I then changed mine to 70. It don’t matter too much its about getting used to seeing what happens on the chart around the MAs.
If you can wait and not be tired by waiting...
  • #272
  • Oct 25, 2017 6:08pm Oct 25, 2017 6:08pm
Moving Averages for Strat Shadow

Quoting fx280
Hello Strat, Thank you for starting this thread. I look forward to learn from you. I am trying to catch up and reading this thread and your old thread as well. Just few questions if you can answer: a) I starting testing on charts MAs : 20 EMA and 50 SMA . Some old posts I am also reading you use EMA 63. If I am using MAs just for some visual help on Major pairs which one you recommend to use ? I will be using and live testing on demo account on UC, GU, EU, AU, NU, EG. b) Is Strat shadow just MAs EMA 20 and SMA 50? Kind regards,
The current Strat Shadow uses the 20 ema and 72 ema. I changed the 63ema to 72ema in January this year after running the end of year program for moving averages.

Please note what glyder says in his post above this - he has been with me on the PASR Path since The Beginning in February 2009
15 YEARS OF PASR ON FOREX FACTORY!
  • #273
  • Oct 25, 2017 6:25pm Oct 25, 2017 6:25pm
Quoting Joseph95
{quote} Let's see what is the Strat's thought
My thought is good luck with your new strategy. As I made clear in my first post I have no time or energy for ""thread hoppers"" and those who are not serious in learning to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 26 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #274
  • Oct 25, 2017 11:50pm Oct 25, 2017 11:50pm
Quoting strat
Weekly Control Candles {quote} Please remember that PDF is not "my" PDF and was compiled by a kind person on another thread. It is ONLY a ""SUMMARY"" of PASR and also is 4 years old. The REAL teachings of PASR are in my "old" thread. See my comments on your charts on those candles identified by you as Weekly Control Candles. Remember that we can only QUALIFY a Weekly Control Candle with 2 weekly candles. The last CLOSED weekly candle determines whether the previous weekly candle is IN CONTROL or not {image} {image} {image} {image} {image}
Wow, I finally understand WCC. Thank you Strat.
  • #275
  • Oct 26, 2017 12:48am Oct 26, 2017 12:48am
Quoting Corinna
{quote} Wow, I finally understand WCC. Thank you Strat.

Yup. It took me a while to get that WCC correct.
I was simply looking at and calling them big candle. Giving that big candle a name does make things simple and precise.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #276
  • Oct 26, 2017 10:50am Oct 26, 2017 10:50am
Weekly Control Candles

Quoting emmanuel7788
{quote} Yup. It took me a while to get that WCC correct. I was simply looking at and calling them big candle. Giving that big candle a name does make things simple and precise.
Weekly Control Candles are not ""big"" candles and have nothing to do with size. See the GBPUSD Boss chart attached where a small doji was a Weekly Control Candle.

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 68 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #277
  • Oct 26, 2017 12:33pm Oct 26, 2017 12:33pm
Hello to all,

I would like to thank Strat for his thread

Lately, there is a lot of talk about the WCC, I think that I get the concept but would like to read more on the subject before incorperating it. I've look on the old thread in the attachement and cant find anything on the subject. Could anyone point me in the good direction.

ty and good trading
  • #278
  • Oct 26, 2017 2:20pm Oct 26, 2017 2:20pm
Quoting strat
Moving Averages for Strat Shadow {quote} The current Strat Shadow uses the 20 ema and 72 ema. I changed the 63ema to 72ema in January this year after running the end of year program for moving averages. Please note what glyder says in his post above this - he has been with me on the PASR Path since The Beginning in February 2009
Thank you Strat and Glyder for prompt reply and clarification.
  • #279
  • Oct 26, 2017 4:09pm Oct 26, 2017 4:09pm
Weekly Control Candles

Quoting Jaizy
Hello to all, I would like to thank Strat for his thread Lately, there is a lot of talk about the WCC, I think that I get the concept but would like to read more on the subject before incorperating it. I've look on the old thread in the attachement and cant find anything on the subject. Could anyone point me in the good direction. ty and good trading
Do a Search on this thread and the "old" thread for "Weekly Control Candles" and you will find everything you need
15 YEARS OF PASR ON FOREX FACTORY!
  • #280
  • Oct 26, 2017 4:22pm Oct 26, 2017 4:22pm
EURJPY M5

This chart pattern just keeps repeating over and over and over..............................

123 conservative pips per position during London trading

106 conservative pips per position during New York trading

And for us on the West Coast, only 66 conservative pips per position but managing a trade for 150 minutes on the one eyed monster is not my idea of trading fun

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 46 KB
15 YEARS OF PASR ON FOREX FACTORY!
6 traders viewing now