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Strat's PASR Long Term, Stress Free Trading

  • #1,061
  • Edited 5:03pm Nov 30, 2017 1:33pm | Edited 5:03pm
PASR

Quoting pipqueen18
hi strat, i have been lurking since the weekend and just wanted to thank you, thank you, thank you for sharing your knowledge and experience. i am reading from the start, page 7 now, and have already improved my trading beyond beyond! i am + 800 pips!!! i have never experienced this before!!!! i had forks here, gartlet there, and on and on.........i stripped it all away and am running thru my charts practically naked!!!! AND getting more sleep!! again, thanks to you and all the other wise contributors here!!!!!!!!!! green pips to all!!
Let's SEE how long you last on here then. Based on past performance it looks like 2 -3 days!

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15 YEARS OF PASR ON FOREX FACTORY!
  • #1,062
  • Nov 30, 2017 3:48pm Nov 30, 2017 3:48pm
PASR

Quoting Corinna
{quote} My next profit target is the round number of 2.0000. {image}
Corinna, YOU don't need this INDICATOR JUNK!

YOU are ALREADY way ahead of The Rumpled One (TRO) in terms of PASR and don't need his inferior and naive "Training Wheels" indicator junk on your charts.

Get rid of all your indicator junk if you are SERIOUS about being CONSISTENTLY PROFITABLE

Do you see any of that CRAP on mine or Wild Thing's charts?

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15 YEARS OF PASR ON FOREX FACTORY!
  • #1,063
  • Nov 30, 2017 3:52pm Nov 30, 2017 3:52pm
Quoting BeyondTheSea
{quote} Doe's FF do royalties? I should claim a few with all the BD appreciation going on
It's just one of those Things - Things like a kiss in the dark, Things like a sailboat ride yah-yeah)!
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,064
  • Nov 30, 2017 4:05pm Nov 30, 2017 4:05pm
[quote=stra I feel like i'm going backwards.. This is all part of the LEARNING CURVE - you will feel this many, many times and it happens/happened to all of us. This is where your PERSEVERANCE and DETERMINATION are tested. Many give up at this point and go back to indicators and thread hopping in search for the Holy Grail and end up disappearing up their own chuff.[/quote]

thanks for your reply, you are absolutely right, the WCC was the first thing i considered when looking at the worker, i suppose i was fixated on it, to the detriment of basic PASR.
Frustration as you say will happen often, but i have no problem with that, as long as i am building a solid foundation of knowledge.I know it will take time, but time is not an issue.
Blimey, haven't heard the word chuff for a long time..not sure you could get away with saying that over here..bound to upset someone...
  • #1,065
  • Nov 30, 2017 4:08pm Nov 30, 2017 4:08pm
Quoting strat
PASR {quote} Corinna, YOU don't need this INDICATOR JUNK! YOU are ALREADY way ahead of INDICATOR JUNK (TRO) in terms of PASR and don't need his inferior and naive "Training Wheels" indicator junk on your charts. Get rid of all your indicator junk if you are SERIOUS about being CONSISTENTLY PROFITABLE Do you see any of that CRAP on mine or Wild Thing's charts? {image}
there is more than one way to trade just because you don't use or need INDICATOR JUNK as you say.
there is no reason to dump on The Rumpled One. or his indicators.
they work and some are CONSISTENTLY PROFITABLE with them.
  • #1,066
  • Nov 30, 2017 4:16pm Nov 30, 2017 4:16pm
Quoting Corinna
{quote} My next profit target is the round number of 2.0000. {image}
looks like she is doing just fine just the way she is.
  • #1,067
  • Nov 30, 2017 4:22pm Nov 30, 2017 4:22pm
Quoting BeyondTheSea
{quote} Hi Brody55 and Strat. All I can say is I looked at the chart, plotted my levels on Big Boss, Boss and Worker. I looked at the WCC and thought hmm.. should that stop me taking a trade when to me it appears to have previously been tested and now momentum is showing me the way. I looked again at Big Boss, Boss and Worker, saw where my stop was going to go and the support level down which had a good risk reward take profit area and took the trade. To be honest I didn't really think about the WCC too much because the levels, 3 time frames and...
thanks for your reply..
your top down approach was refreshingly simple, evaluating trend on big boss, boss and worker..and SR levels allied to PA
it actually coincided, well i can't call it a lightbulb moment, with what Trogger posted a few days ago..
he highlighted Strats posted charts, of the Boss.
he then made a series of posts of the Boss. not a 5m chart in sight i think was the quote..
i've traded 5m for a couple of weeks, but i don't think it's for me. hats off to the traders who do make it worthwhile, but that chart needs babysitting,
Unless you are trading a decent clip size, i.e. 1 lot minimum, it's a lot of work for not much money..i want to make money, not be a 5m hero..
i will concentrate on trading the worker..for me personally it feels more comfortable..the 5m makes me uncomfortable..
and every trader is an individual..
good luck in your trading
  • #1,068
  • Nov 30, 2017 4:22pm Nov 30, 2017 4:22pm
Hi, Strat!

Your friend, Wild Thing, as you like to call him, asked who would buy at those levels on GN. Then you provided the answer, and I find myself in one of those descriptions: idiots. When I am wrong and I do stupid mistakes, I am not afraid or ashamed to admit it. In fact, I know I can learn a lot from lost trades, as I always seem to find my entry as being idiotic in many trades that were losers.
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And here are some of the winning trades, but I had to close them all today, the ones that I post and all the others, due to reasons which led me to believe I might not be able to be at PC and monitor them in the next days. Plus, it is the end of the month, so the trading plan must be updated.

AN, long
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GJ, long
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UJ, long
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AU, short
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All in all, this week I had losses of 270 pips, and gains of 680 pips, using MN, W1 and D1.
I must say ti is a pleasure watching your charts, especially HTFs, as I do not think I will ever be able to trade timeframes such as M5, although I did try in the past, but without success.
  • #1,069
  • Nov 30, 2017 4:24pm Nov 30, 2017 4:24pm
Hi Strat,

Never able to properly say anything about myself. I ve just finish my 2nd months of trading now. First month, i rhink i dit it blindly, said that this is just something that its wether going up or down. (End up minus 28% of my balance the 1st month.).

The second month, i met a channel on youtube introduce me with price action. In ur term, now i notice that he teach me about BASIC PASR. Teach me alot. And from that i start to catch this thread while opening FF. You teach the basic a lot to me strat. Thank You. Now im still hopping from your old thread, james16, and this one. Still no progress in my trading about the pips, but im not again. trading everyday now. (Dont know if its considered an improvement.)

this post is maybe not important for u guys. Sorry. Im just having a lose streak now and writing this helps me feel like im not alone. (I think The little people in my head is so many right now, that it's very hard to beat them).

Regrds,
Rina
  • #1,070
  • Edited 5:17pm Nov 30, 2017 4:32pm | Edited 5:17pm
PASR

Quoting strat
PASR {quote} Let's SEE how long you last on here then. Based on past performance it looks like 2 -3 days! {image}
Are you for real? Are you SERIOUS? Are you older than 10?

You start a thread in Trading Systems and OPENLY ADMIT you don't have a clue! Talk about the BLIND leading the BLIND!

Trading is NOT a game and SUCCESSFULLY CONSISTENTLY PROFITABLE traders do NOT PLAY at it!

I could go on but I won't waste my time as it would end up in Comedy Central!

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This is your last post on YOUR thread - why did you abandon it without as much as a kiss my ass goodbye?
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,071
  • Edited 5:07pm Nov 30, 2017 4:55pm | Edited 5:07pm
PASR

Quoting rina53547
Hi Strat, Never able to properly say anything about myself. I ve just finish my 2nd months of trading now. First month, i rhink i dit it blindly, said that this is just something that its whether going up or down. (End up minus 28% of my balance the 1st month.). The second month, i met a channel on youtube introduce me with price action. In ur term, now i notice that he teach me about BASIC PASR. Teach me alot. And from that i start to catch this thread while opening FF. You teach the basic a lot to me strat. Thank You. Now im still hopping from...
Hello Rina,
Your English is very good and much better than my Indonesian.

Your post IS important because we are here to help people who are sincere, open and willing to be helped. Your start is much like most of us do - jump in at the deep end AND SINK. You are smart to know that you have to start at the beginning so continue to READ, LEARN and UNDERSTAND PASR on both my threads - you can forget J16 now. We all had to turn around and go back to the beginning so continue on The Path and ask ANY questions you want
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,072
  • Nov 30, 2017 5:00pm Nov 30, 2017 5:00pm
Quoting brody55
{quote} thanks for your reply, you are absolutely right, the WCC was the first thing i considered when looking at the worker, i suppose i was fixated on it, to the detriment of basic PASR. Frustration as you say will happen often, but i have no problem with that, as long as i am building a solid foundation of knowledge.I know it will take time, but time is not an issue. Blimey, haven't heard the word chuff for a long time..not sure you could get away with saying that over here..bound to upset someone...
And THAT is EXACTLY what I do to get my point across! Trading is a DOG EAT DOG world and ONLY the MENTALLY TOUGHEST survive. If people can't put up with me giving them a BOLLOCKING then they will NEVER survive in trading. It is ALL about TRADING PSYCHOLOGY.
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,073
  • Nov 30, 2017 5:10pm Nov 30, 2017 5:10pm
Quoting brody55
I've got a few questions, Strat I hope you don't mind..you told me not to post analysis, so this is not analysis, but I'll post the charts to highlight my question..# I have no ego, and don't mind a straight answer , i'm here to learn...but all I see is people posting charts showing pips galore..i can't be the only one struggling, surely?? RE the cad /yen taken by our friend Beyond the sea.. On my chart I had a WCC...was this wrong?? if so, I need to go back and revisit the posts..my understanding was that this would show areas of consolidation.....

The fact that you now know which direction backwards is means that you NOW also know which direction is forward! I am not trying to be "trite".

You have actually arrived at a very important fork in the path and are MILES ahead of most who try to trade.

I know Strat has already commented on your post. Pay particular attention to his advice about not concentrating on "control candles" until you are a little further on in your trading. [ Remember: a "Control Candle" is not a "Control Candle" until it has actually established control].
  • #1,074
  • Nov 30, 2017 5:10pm Nov 30, 2017 5:10pm
PASR

Quoting TerryDawe
I know this after the fact and hindsight is 20/20 but if you check worker and H4 support as well as the existing WCC. H4 support, worker support, WCC for the past two weeks, Boss swing up and check out the Boss 200ema. Pretty good example of PASR............ {image} {image} {image}
Terry - check your email
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,075
  • Edited 11:52pm Nov 30, 2017 5:17pm | Edited 11:52pm
Quoting strat
USDCAD Nothing changed End of Week for USDCAD. PRICE is STILL trapped inside a 5 WEEK CONTROL CANDLE {image}


For anyone struggling with the concept of "Control Candles" do look at Strat's post above. Strat has only (and I suspect quite deliberately!) posted the worker (daily to Erebus and anyone new to the thread) with 2 blue horizontal lines on it. Do yourself a favour and pull up the Boss chart and make sure that you understand why Strat placed his blue horizontal lines where he has placed them.

Remember: It ain't a CC until it has actually established control!
  • #1,076
  • Edited 5:34pm Nov 30, 2017 5:18pm | Edited 5:34pm
Quoting strat
PASR {quote} Hello Rina, Your English is very good and much better than my Indonesian. Your post IS important because we are here to help people who are sincere, open and willing to be helped. Your start is much like most of us do - jump in at the deep end AND SINK. You are smart to know that you have to start at the beginning so continue to READ, LEARN and UNDERSTAND PASR on both my threads - you can forget J16 now. We all had to turn around and go back to the beginning so continue on The Path and ask ANY questions you want
Hello Strat,

Thanks for the reply. Speaking of my english, i sometimes feel frustrated that it's not good enough to understand some of a good explanation on both thread. I mean with all the jokes that i dont get it. (Lol, sorry. Different culture, different jokes. Will try harder.)

anyway thanks again Strat. Please dont mind me for being only reader for now. Stay healthy and keep posting.

Regards,
Rina
  • #1,077
  • Edited 8:29pm Nov 30, 2017 5:33pm | Edited 8:29pm
Quoting trogger
{quote} So you like a spot of Volatility, huh? Try this (but still no 5 minute charts for me!!): {image} Now, lookey, lookey! Apart from the "desired" volatility, we note that we have yet to CLOSE above the January 2017 high. (We may yet, but we have not yet!) We check the BOSS. It ain't down! But, worker gave us a Bearish Engulfing bar on 22 November at this potentially important level. Now we go to 4 hour. Green rectangle key. Price unable to go up at this point. Entry short at red arrow. {image} {image} "Ka-Ching" - 200 pips off 1 of 2 positions...

OK. Update time.

Below 4 hour chart showing ALL my entries on this pair. First Red arrow is two positions, all other entries are single. A total of 5 positions entered to date. ALL positions except one are now closed (for profit!).

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In accordance with my own style of trading, I am about to remove the TP shown as I have just the one position. I will do this in case the pair decides to run south. [I do not EXPECT it to head south, but what we expect and what actually happens can be very different events! So I cover the possibility that there may be further downside.]

In the event that it heads back up - I have a plan - and I will TRADE THE PLAN!


And remember: I may have posted 4 hour (even 15min) charts but I am NOT TRADING these time frames for all positions.
  • #1,078
  • Nov 30, 2017 5:39pm Nov 30, 2017 5:39pm
Quoting strat
PASR {quote} Are you for real? Are you SERIOUS? Are you older than 10? You start a thread in Trading Systems and OPENLY ADMIT you don't have a clue! Talk about the BLIND leading the BLIND! Trading is NOT a game and SUCCESSFULLY CONSISTENTLY PROFITABLE traders do NOT PLAY at it! I could go on but I won't waste my time as it would end up in Comedy Central! {image} {image} {image} {image} {image} {image} This is your last post on YOUR thread - why did you abandon it without as much as a kiss my ass goodbye?
dude....why are you being a hater?

a- i was merely trying to thank you.
b- i quit working on my thread because some dude just took over it AND i wanted to learn PA and trading without indies
c- i will never post on your thread again
d- i subscribed to that last thread because a guy i sykpe with asked my opinion (and unsubscribed after i read it)
e- excuse me, sir!
Mother of Pips
  • #1,079
  • Nov 30, 2017 7:31pm Nov 30, 2017 7:31pm
Quoting strat
PASR {quote} Corinna, YOU don't need this INDICATOR JUNK! YOU are ALREADY way ahead of The Rumpled One (TRO) in terms of PASR and don't need his inferior and naive "Training Wheels" indicator junk on your charts. Get rid of all your indicator junk if you are SERIOUS about being CONSISTENTLY PROFITABLE Do you see any of that CRAP on mine or Wild Thing's charts? {image}
Got it. Thank you. Will remove it.
  • #1,080
  • Nov 30, 2017 7:58pm Nov 30, 2017 7:58pm
Quoting trogger
{quote} OK. Update time. Below 4 hour chart showing ALL my entries on this pair. First Red arrow is two positions. ALL positions except one are now closed (for profit!). {image} In accordance with my own style of trading, I am about to remove the TP shown as I have just the one position. I will do this in case the pair decides to run south. [I do not EXPECT it to head south, but what we expect and what actually happens can be very different events! So I cover the possibility that there may be further downside.] In the event that it heads back up...

hi trogger,

May i ask about the second arrow? Did u do entry on that? From a little i know now, if i entry on that, i will have the SL a little above the green recrangle or perhaps above the last swing high, and if so, i will get stopped only to see it came down again. Anything i missed? May u explain a bit?

Regards,
Rina
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