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  • #421
  • Nov 1, 2017 8:44am Nov 1, 2017 8:44am
Quoting jmn5611
I am fascinated to a degree as to how this thread has been reduced to what a WCC is. PASR is a candle by candle exercise in which every candle has a story to tell. How did we just collapse to the WCC?

Well.. im reading and continue reading and just asking my questions. And one of my questions that im interest is in WCC because is the first time that i hear about it and it make sense to me... but now im happy to wait for the comments of strat about the EURUSD example.
  • #422
  • Nov 1, 2017 8:49am Nov 1, 2017 8:49am
Quoting jmn5611
I am fascinated to a degree as to how this thread has been reduced to what a WCC is. PASR is a candle by candle exercise in which every candle has a story to tell. How did we just collapse to the WCC?
I agree 100% but when you call a candle a WCC every one thinks it some holy grail, it is just a candle.
  • #423
  • Nov 1, 2017 8:49am Nov 1, 2017 8:49am
Quoting jmn5611
I am fascinated to a degree as to how this thread has been reduced to what a WCC is. PASR is a candle by candle exercise in which every candle has a story to tell. How did we just collapse to the WCC?
The obvious answer is that people have stoped getting enough signals from PSAR and SR Levels ,so they are looking them in other forms like Trade range or WCC!!
I am also kind of disapointed because the discussion has gone else were from its origin .
  • #424
  • Nov 1, 2017 8:57am Nov 1, 2017 8:57am
Quoting dogdays713
{quote} I agree 100% but when you call a candle a WCC every one thinks it some holy grail, it is just a candle.
What's really crazy is that strat has stated that this is to assist with analysis. And then strat turned and made a big post about how analysis is NOT trading. Even if one never grasps the idea of a WCC ( why I do not know), it is just one piece of a price action puzzle. Forest and trees do come to mind. I think we should get back to looking at the forest, and maybe helping others to see the trees when it matters to look at them.
If you are good at something, never do it for free--Joker
  • #425
  • Nov 1, 2017 9:08am Nov 1, 2017 9:08am
Quoting jmn5611
{quote} What's really crazy is that strat has stated that this is to assist with analysis. And then strat turned and made a big post about how analysis is NOT trading. Even if one never grasps the idea of a WCC ( why I do not know), it is just one piece of a price action puzzle. Forest and trees do come to mind. I think we should get back to looking at the forest, and maybe helping others to see the trees when it matters to look at them.

Reading some comments in the old thread of Strat... He says when the WCC Weekly are in there.. in a few words, is because we are in ranging in that WCC Candle. And the Markets are Fractal... the strategy works in any timeframe.

I am a intraday trader and i just apply the PASR with WCC (in my higher timeframe...) so for example if in 240M i got that candle confirmed.. so im in ranging.. the price is going jumping between support and resistance until it breaks in somewhere verify with the big boss trend.

Im trading apply this since last thursday and my profits are incrasing a little more because i use to have TP and SL fixed. Now i just see candle per candle when i need to take profits or just exit my position. (The price is going up... until stop and start going down) I dont remember exactly the quote, but i love that comment.
  • #426
  • Nov 1, 2017 9:09am Nov 1, 2017 9:09am
Quoting jmn5611
I am fascinated to a degree as to how this thread has been reduced to what a WCC is. PASR is a candle by candle exercise in which every candle has a story to tell. How did we just collapse to the WCC?
It’s probably just because it’s was a bit more difficult to understand, now we can go into more. Agree with you and thanks everyone one and mainly Strat!
  • #427
  • Nov 1, 2017 9:10am Nov 1, 2017 9:10am
Good point.

I have found on my learning path, that too much focus on WCC had prevented me from actually trading. It is a good tool but needs to be used along with the rest of our arsenal.

Regards
  • #428
  • Nov 1, 2017 9:20am Nov 1, 2017 9:20am
Terry is right too much focus on WCCs will prevent trades. But it’s good to get the subject over with on the thread, there wasn’t much on the old thread it was in the private site.
There’s a lot lot more to Strats style of trading, analysis of MAs, dynamic S/R and interactions beteeen TFs are all very important.
If you can wait and not be tired by waiting...
  • #429
  • Nov 1, 2017 10:45am Nov 1, 2017 10:45am
Weekly Control Candles

Quoting jmn5611
I am fascinated to a degree as to how this thread has been reduced to what a WCC is. PASR is a candle by candle exercise in which every candle has a story to tell. How did we just collapse to the WCC?
Exactly my thoughts!

It is very obvious to me that those on here are NOT READING & UNDERSTANDING. If they had READ and UNDERSTOOD the two posts I made earlier (attached), then they would have moved onto trading opportunities.

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I have now had enough Weekly Control Candles to last me the rest of my life!
15 YEARS OF PASR ON FOREX FACTORY!
  • #430
  • Nov 1, 2017 11:22am Nov 1, 2017 11:22am
EURUSD

Quoting HappyTrend
This is Monthly Chart: Monthly Candle: Aug and Sept we have a MCC (MCC Exist?) in the Candle of Aug. Oct close bellow of it but didnt close bellow of the bottom wick. Candle of October close bellow of them. (Posible turning trend??) {image} This is Weekly Chart: Weekly Candle: Make a Swing High 04/09/2017 Candle Week, then in 02/10/2017 price find a support , next candle was bullish with wick on top. That Candle convert in WCC, and current candle close bellow of it. (Posible turning trend?) {image} Daily Chart: D1 Candle: 27/10/2017 Candle close...
Thank you for posting YOUR charts

General comment: You have posted 3 charts WITHOUT support and resistance levels – you will never LEARN and UNDERSTAND PASR – Price Action at SUPPORT and RESISTANCE without them!


Make sure you READ and UNDERSTAND my POWER OF TIME FRAMES


These are the FIRST STEPS to look at each of our 3 time frames - get into this routine

BIG BOSS

Do NOT use my Weekly Control Candle strategy on monthly charts as they may prevent you from ever taking a trade.

The Big Boss chart is giving us a 35,000 feet view. It is an OVERALL BIG PICTURE view. It is NOT for using to initiate trades UNLESS you are an INVESTOR

On this time frame you should be asking “Where are the Big Boys taking PRICE?”

“Where is PRICE relative to Support and Resistance?”

BOSS

The first question to ask on the Boss chart is “Is the Boss following the Big Boss or is it in conflict?”

“Where is PRICE relative to Support and Resistance?”

Make sure you UNDERSTAND my definition of SWING qualification as it will save you from many false moves

WORKER

The first question to ask on the Worker chart is “Is the Worker following the Boss or is it in conflict?”

“Where is PRICE relative to Support and Resistance?”

Once you have done this then you are better equipped to do further (or not) analysis.
15 YEARS OF PASR ON FOREX FACTORY!
  • #431
  • Nov 1, 2017 11:27am Nov 1, 2017 11:27am
Trading Psychology

Quoting HappyTrend
{quote} Yes... but im not the same person before more of 8,000hrs in here... already play the game of Fear, Greed, Martingale and all those "games..." If this was when i just start i start placing a lot of orders... but not any more... I start to make some profits when i start trading slow, conservative, without thinking in the money but thinking in risk less everytime time. (This is one of the reason that i start following you and register to talk to you... because after bad moments i learn somethings that in ur other old thread u say) I have the...
I still think you need to get your hands on some TITZ!
15 YEARS OF PASR ON FOREX FACTORY!
  • #432
  • Nov 1, 2017 11:30am Nov 1, 2017 11:30am
AUDUSD

Quoting Rub
{quote} My preference would be a retrace to marked area, or perhaps a decisive break lower, however I see support areas to the left. {image}
Yes, good analysis
15 YEARS OF PASR ON FOREX FACTORY!
  • #433
  • Nov 1, 2017 11:38am Nov 1, 2017 11:38am
AUDUSD

Quoting mizi123
{quote} I will short these even if i dont like that pin bar there but in over all the pair is berish in at all i see rejection on rount nr with BE {image}
There are NO PIN BARS in PASR! We don't do needlework on here!

I SEE you are still trigger happy from your previous threads and posts.

To protect your account and use the #1 Rule in trading, you should wait until there is a CLOSE below the support identified by the maroon box on the BOSS chart. This will also tell you that there are only 100 or so pips to BOSS trend line SUPPORT.

Also notice the THICKER blue trend line - this is telling us AT LEAST 2 things:

Momentum is UP

It's slope is GREATER than the previous thin blue line telling us there is growing interest in this pair.

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15 YEARS OF PASR ON FOREX FACTORY!
  • #434
  • Nov 1, 2017 11:46am Nov 1, 2017 11:46am
Quoting strat
Trading Psychology {quote} I still think you need to get your hands on some TITZ!
I love them, but what do they have to do with trading?
  • #435
  • Edited 12:28pm Nov 1, 2017 12:03pm | Edited 12:28pm
TITZ

Quoting dogdays713
{quote} I love them, but what do they have to do with trading?
Had you bothered to READ either this thread or my "old" thread you would have known that TITZ are Trading In The Zone by Mark Douglas!

Always make sure you get your share of TITZ!
15 YEARS OF PASR ON FOREX FACTORY!
  • #436
  • Nov 1, 2017 12:10pm Nov 1, 2017 12:10pm
GBPAUD

This move started too early for me. By the time I got here, the 68 pip move was DONE!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #437
  • Nov 1, 2017 12:12pm Nov 1, 2017 12:12pm
GBPCAD

The same for it's cousin

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15 YEARS OF PASR ON FOREX FACTORY!
  • #438
  • Nov 1, 2017 12:14pm Nov 1, 2017 12:14pm
GBPNZD

And the same for my first choice but London traders did good

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15 YEARS OF PASR ON FOREX FACTORY!
  • #439
  • Nov 1, 2017 12:22pm Nov 1, 2017 12:22pm
EURNZD

Looked at this my time but nothing doing

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15 YEARS OF PASR ON FOREX FACTORY!
  • #440
  • Nov 1, 2017 1:38pm Nov 1, 2017 1:38pm
Quoting strat
EURUSD {quote} Thank you for posting YOUR charts General comment: You have posted 3 charts WITHOUT support and resistance levels – you will never LEARN and UNDERSTAND PASR – Price Action at SUPPORT and RESISTANCE without them! Make sure you READ and UNDERSTAND my POWER OF TIME FRAMES These are the FIRST STEPS to look at each of our 3 time frames - get into this routine BIG BOSS Do NOT use my Weekly Control Candle strategy on monthly charts as they may prevent you from ever taking a trade. The Big Boss chart is giving us a 35,000 feet view. It is...

Good thank you for ur time to answer. Let me read more about how to draw the Support and Resistance PASR Style.

Right now i only see the charts where is battle between buyers and sellers (consolidation time) comparing with the same zone in other day. That became that zone in support-resistance and then resistance-support. But im going to stop and reading all about Support and Resistances in PASR style.

If you think or someday u think that im only wasting ur time, just let me know haha and i stop posting. And again, thank you.
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