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Strat's PASR Long Term, Stress Free Trading

  • #441
  • Nov 1, 2017 1:51pm Nov 1, 2017 1:51pm
PASR

Quoting HappyTrend
{quote} 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.
If I thought you were wasting my time, you would be on my "Ignore" list but you are not, so carry on reading and understanding and hopefully learning.
15 YEARS OF PASR ON FOREX FACTORY!
  • #442
  • Nov 1, 2017 2:31pm Nov 1, 2017 2:31pm
Quoting strat
TITZ {quote} 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!
LOL, I have read in the zone, just could not help my self.
  • #443
  • Nov 1, 2017 4:20pm Nov 1, 2017 4:20pm
USDCHF

Big Boss / Monthly, Showing bull momentum.

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Boss / Weekly, working with the Big Boss but just under a small resistance.

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Worker / Daily, pretty much as the Boss

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So, we now wait for pattern at support levels?
It's not over, until I win.
  • #444
  • Nov 1, 2017 4:24pm Nov 1, 2017 4:24pm
EURGBP

Trying to come to grips with this strategy.This is what I am seeing on EURGBP at the moment and all comments welcome.
Hammer on worker at significant support level and at 200EMA.Big boss and boss seem to be in agreement.Only thing is
trade would be into WCC of last six weeks
Attached Image(s) (click to enlarge)
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  • #445
  • Edited 4:57pm Nov 1, 2017 4:37pm | Edited 4:57pm
Some thoughts about GBP/USD: (thick gray levels are monthly supp/res, you can see only these because i can't found any important levels on daily and weekly)

On weekly chart we can see a good upward momentum for now slowed down from an old support of the big boss, in plus we have a weekly control candle.

On the daily we can see a very "weird" shooting star (maybe this is not a shooting star) right on the old big boss support; it could have been a nice short because it made a nice swing, anticipating us what the boss wanted to do (?)

Anyway, what i can see now, it's just indecision and no-directional movement: i'm undecided about what to do, maybe a lot of traders and big boys too (?) So i'll just wait until a breakout + price action candle on big boss old support.

What do you think? Are my thoughts correct?
Attached Image(s) (click to enlarge)
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  • #446
  • Nov 1, 2017 4:44pm Nov 1, 2017 4:44pm
Quoting Joseph95
Some thoughts about GBP/USD: (thick gray levels are monthly supp/res, you can see only these because i can't found any important levels on daily and weekly) On weekly chart we can see a good upward momentum for now slowed down from an old support of the big boss, in plus we have a weekly control candle. On the daily we can see a very "weird" shooting star (maybe this is not a shooting star) right on the old big boss support; it could have been a nice short because it made a nice swing. Anyway, what i can see now, it's just indecision and no-directional...
Out of curiosity, which broker do you use?

2.9 pips spread on GBPUSD, that's huge!
It's not over, until I win.
  • #447
  • Nov 1, 2017 4:49pm Nov 1, 2017 4:49pm
Quoting ItaTrader93
{quote} Out of curiosity, which broker do you use? 2.9 pips spread on GBPUSD, that's huge!
I know :-\ HotForex, this is just a gift from a friend who don't longer use it, it's a very small live account (microlots) , i use it for practicing with real money because on demo it's too easy take decisions.
  • #448
  • Nov 1, 2017 5:06pm Nov 1, 2017 5:06pm
Quoting strat
GBPAUD This move started too early for me. By the time I got here, the 68 pip move was DONE! {image}
You would have taken it even though both the boss and big boss were going up?
  • #449
  • Nov 1, 2017 5:09pm Nov 1, 2017 5:09pm
USDCHF

Quoting ItaTrader93
USDCHF Big Boss / Monthly, Showing bull momentum. {image} Boss / Weekly, working with the Big Boss but just under a small resistance. {image} Worker / Daily, pretty much as the Boss {image} So, we now wait for pattern at support levels?
No, WAIT to SEE what PRICE does at resistance. Meanwhile, find another pair.
15 YEARS OF PASR ON FOREX FACTORY!
  • #450
  • Nov 1, 2017 5:15pm Nov 1, 2017 5:15pm
EURGBP

Quoting Mick1706
EURGBP Trying to come to grips with this strategy.This is what I am seeing on EURGBP at the moment and all comments welcome. Hammer on worker at significant support level and at 200EMA.Big boss and boss seem to be in agreement.Only thing is trade would be into WCC of last six weeks {image} {image}
You could take a HIGH RISK trade long off that Bond hammer or WAIT for a less risky trade off a BUEB or BUOB
15 YEARS OF PASR ON FOREX FACTORY!
  • #451
  • Nov 1, 2017 5:22pm Nov 1, 2017 5:22pm
Quoting strat
EURGBP {quote} You could take a HIGH RISK trade long off that Bond hammer or WAIT for a less risky trade off a BUEB or BUOB
Thanks for that , not sure what a Bond hammer is but going to check it out.
  • #452
  • Nov 1, 2017 5:23pm Nov 1, 2017 5:23pm
GBPUSD

Quoting Joseph95
Some thoughts about GBP/USD: (thick gray levels are monthly supp/res, you can see only these because i can't found any important levels on daily and weekly) On weekly chart we can see a good upward momentum for now slowed down from an old support of the big boss, in plus we have a weekly control candle. On the daily we can see a very "weird" shooting star (maybe this is not a shooting star) right on the old big boss support; it could have been a nice short because it made a nice swing, anticipating us what the boss wanted to do (?) Anyway, what...
BIG BOSS
PRICE held down and rejected by Strat Shadow
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BOSS
PRICE at resistance. Strat Shadow is acting as trend line support
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WORKER
PRICE at resistance
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15 YEARS OF PASR ON FOREX FACTORY!
  • #453
  • Nov 1, 2017 5:28pm Nov 1, 2017 5:28pm
GBPAUD

Quoting darko2010
{quote} You would have taken it even though both the boss and big boss were going up?
READ the thread especially Post # 376
15 YEARS OF PASR ON FOREX FACTORY!
  • #454
  • Nov 1, 2017 5:32pm Nov 1, 2017 5:32pm
Bond

Quoting Mick1706
{quote} Thanks for that , not sure what a Bond hammer is but going to check it out.
A search on the thread for "Bond" will reveal everything - probably more than you wanted!
15 YEARS OF PASR ON FOREX FACTORY!
  • #455
  • Nov 1, 2017 5:39pm Nov 1, 2017 5:39pm
Quoting strat
Bond {quote} A search on the thread for "Bond" will reveal everything - probably more than you wanted!
hi mister strat
at big boss eurusd we say is up or down? many candels green before but now two red candels
and question for you is my moving avereges good? is 20 and 73 exponential
Attached Image (click to enlarge)
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  • #456
  • Nov 1, 2017 5:43pm Nov 1, 2017 5:43pm
Quoting Mick1706
EURGBP Trying to come to grips with this strategy.This is what I am seeing on EURGBP at the moment and all comments welcome. Hammer on worker at significant support level and at 200EMA.Big boss and boss seem to be in agreement.Only thing is trade would be into WCC of last six weeks {image} {image}
hi mick
where i get that indicator for strat shadow?
  • #457
  • Nov 1, 2017 6:43pm Nov 1, 2017 6:43pm
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...

Again my charts with S/R. (Is correct how i draw the S/R Lines?)

M1
Attached Image (click to enlarge)
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Notes: Monthly has rejected by Resistance Monthly and Shadow 72. Monthly Candle close bellow of the last candle.

W1
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Notes: Coming from a upswing and stop by resisntance monthly and Round Number 1.2000, price go down and test the weekly support, try to go up and then weekly candle close bellow of it. Candle close bellow of Shadow 20.

D1
Attached Image (click to enlarge)
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Notes: Price retest 3 times to resistance and then start going down. Weekly Resistance is holding. Shadow is close to cross.

Final Notes: EURUSD is trying to turn downside 26 / 10 / 2017 Candle that break the support and close bellow. And Resistance is holding.
  • #458
  • Nov 1, 2017 8:39pm Nov 1, 2017 8:39pm
Volume

Quoting Mick1706
EURGBP Trying to come to grips with this strategy.This is what I am seeing on EURGBP at the moment and all comments welcome. Hammer on worker at significant support level and at 200EMA.Big boss and boss seem to be in agreement.Only thing is trade would be into WCC of last six weeks {image} {image}
Why have you got Volume on your chart? What good does it do for you? What does it tell you?
15 YEARS OF PASR ON FOREX FACTORY!
  • #459
  • Nov 1, 2017 8:44pm Nov 1, 2017 8:44pm
EURUSD

Quoting ph2lsl
{quote} hi mister strat at big boss eurusd we say is up or down? many candels green before but now two red candels and question for you is my moving avereges good? is 20 and 73 exponential {image}
Ask Bill William's Awesome Oscillator which you have on your chart - you must have it there for a reason. Presumably you think it tells you something PASR doesn't.
15 YEARS OF PASR ON FOREX FACTORY!
  • #460
  • Nov 1, 2017 8:49pm Nov 1, 2017 8:49pm
PASR

Quoting HappyTrend
{quote} Is correct how i draw the S/R Lines?
Yes, but for actual trading decisions you only need 2 levels - Resistance above where PRICE is now and Support below where PRICE is now.
15 YEARS OF PASR ON FOREX FACTORY!
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