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Strat's PASR Long Term, Stress Free Trading

  • #1,541
  • Jan 3, 2018 9:59am Jan 3, 2018 9:59am
Quoting bistolis
{quote} hello you sold abit too low for now I believe {image} 1H chart shows some wicks at that level {image} good luck
Bistolis.

You might be right.

Thanks

Frank
  • #1,542
  • Jan 3, 2018 10:07am Jan 3, 2018 10:07am
Quoting Frank0
{quote} Bistolis. You might be right. Thanks Frank
I wish I knew if i am right or not. I hope it gets to your target. looks not so far away
  • #1,543
  • Jan 3, 2018 10:34am Jan 3, 2018 10:34am
PASR

Quoting HappyTrend
{quote} Hello, i hope u had a excellent new year night!. I have been around reading but i dont like to be in Forums because there are a lot of people just posting weird things and that can affect my mind... I always when i see that used to have a private website i only say to myself "if only i were in there" where are the "serious" people. I want to ask you something that i have read a few times that people in their charts have "x" candle psar pattern and urs not and i read that u are trading or used to be trading on FXCM. I trade in FXCM but with...
i dont like to be in Forums because there are a lot of people just posting weird things and that can affect my mind... I always when i see that used to have a private website i only say to myself "if only i were in there" where are the "serious" people.

I am trying to manage this thread so that we only ""work"" with serious people. All the rest are restricted from posting first by filtering them and finally by using my "Ignore" button.

u are trading or used to be trading on FXCM

Yes I used to trade with FXCM but because of their violation of FCC and other rules, they were banned from operating in the US.

I mean if i want i can set up if i want to see 5 daily candles or 6 daily candles (in some brokers exist the "famous" "Sunday Candle" and in others only 5 candles). And with that, everything is different. (well not 100% different, but sometimes the candles are different.) What you think about that?

Absolute Rubbish! The Big Boys don't do this so why should you (or anyone) Trading is SIMPLE but not easy. You are making it COMPLEX and hard.
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,544
  • Jan 3, 2018 10:44am Jan 3, 2018 10:44am
PASR M5

Quoting Forex_Fox
Hi Everyone, I hope you are all off to a good start in 2018! I did some more reading, and instead of answers I have more questions I have decided to practice looking for very clear trades on the top ATR pairs - but the TF were not in-line and since I am eager to look and practice my chart reading skills on my demo account I found a well trending market on EUR/USD. (This is why my S/R lines are missing) I saw the bigger TF were in a solid uptrend - so I was looking for PA to close back above the SS so I can go long (both bosses in uptrend...
I have more questions

Where are they?

This is why my S/R lines are missing

You'll be sorry!!!!!
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,545
  • Jan 3, 2018 10:47am Jan 3, 2018 10:47am
PASR

Quoting BeyondTheSea
M5 GBPAUD moved a bit too fast for me to get into this morning and I made an error on my entry with GBPNZD which went straight into a range after the 930am candle (1130am on my server) I was looking for a pullback after the price broke through the 200 and my level which never really came. The stratshadow did its thing though and I trusted it which allowed me to manage the trade. {image} EURNZD was easier. {image}
Looks like 2018 is going to be a profitable trading year for you
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,546
  • Jan 3, 2018 10:48am Jan 3, 2018 10:48am
Quoting Forex_Fox
EUR/AUD If PA closes below this critical support level of 1.5335 we could see another 40 pips move down to the next level of support at 1.5295. {image}
And if the sun doesn't shine today, it might do tomorrow!
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,547
  • Jan 3, 2018 10:57am Jan 3, 2018 10:57am
GBPJPY M5

Quoting Frank0
Strat Shadow is showing continuation so feeling good about target at 2 times stop. {image} {image}
Your entry is way too late and should have been where I placed my arrow. M5 trends do not go on forever more so in these thinly traded markets while the Big Boys are still returning from their holidays

Where are your Support and Resistance levels?

target at 2 times stop

You will be leaving LOTS of pips on the table doing this. The target is at SUPPORT

Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 36 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,548
  • Jan 3, 2018 11:09am Jan 3, 2018 11:09am
Thanks Strat
  • #1,549
  • Jan 3, 2018 12:53pm Jan 3, 2018 12:53pm
Quoting strat
PASR {quote} i dont like to be in Forums because there are a lot of people just posting weird things and that can affect my mind... I always when i see that used to have a private website i only say to myself "if only i were in there" where are the "serious" people. I am trying to manage this thread so that we only ""work"" with serious people. All the rest are restricted from posting first by filtering them and finally by using my "Ignore" button. u are trading or used to be trading on FXCM Yes I used to trade with FXCM but because of their violation...

I ask that because i see in one chart sometimes the Candle stay inside of the Shadow Strat and in other chart the Candle close with power outside of the Shadow Strat.

When the price cross for inside the shadow strat (im still learning this..) that is trapped inside of it and lookslike is going to bounce between the Resistance and Support Shadow Strat, watching the levels of higher TF. And when the market for example is in a downtrend, and again the candle close outside for the down, that makes me confluence for make my trade. is the reason that i ask about that different of candles.

And yes at the sametimes that i was writting my last post i was thinking in the same thing:

"Trading is SIMPLE but not easy. You are making it COMPLEX and hard."
  • #1,550
  • Jan 3, 2018 1:58pm Jan 3, 2018 1:58pm
Good evening traders and happy new year

I would like to share an analysis with you. I have uploaded the weekly and daily chart of GBP/AUD. Black lines is big boss TL, blue is boss TL, red is worker TL.
blue lines are weekly support, yellow WCC.
from my analysis the pair should start climbing, as it has passed 20 ema, and hit both 72 and 100 ema on the daily.

My plan is to
wait
for a proper entry signal (hammer, BUEB); order to open 3 contracts above the entry signal; stop loss at previous day's low; target at 1.84.

What do you think?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weekly gpbaud.jpg Size: 275 KB
Click to Enlarge Name: daily gbpaud.jpg Size: 257 KB
  • #1,551
  • Jan 3, 2018 6:28pm Jan 3, 2018 6:28pm
Good Morning, Good night, good afternoon where ever in the world you may be. Would like to try and look at another pair. I looked back at GBPAUD, but just couldn't get my head around it, so am going to try AUDUSD

Short term on the monthly is UP
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-04 at 00.18.27.png Size: 161 KB


Weekly is showing as UP
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-04 at 00.18.56.png Size: 168 KB


Daily is above the strat shadow
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-01-04 at 00.21.43.png Size: 186 KB


highlighted box is area id be interested in seeing a nice price action setup, and the pink TL and horizontal would be target

Open to all feedback, or if I've missed anything blindly obvious please say

Many thanks

Phil
  • #1,552
  • Edited 11:57pm Jan 3, 2018 11:45pm | Edited 11:57pm
Here's CAD/JPY

Last week's weekly bar broke out of the WCC resistance area. Now, the daily bars have built some nice support (the triple bottom) above the previous WCC resistance (dashed blue line) and the daily S/R line I have drawn. Yesterday's worker bar is a doji/IB. I'm thinking a good long would have been to get in a few pips above the doji/IB (yesterday's bar) with a stop below the low of the January 2nd bar (3rd bar from the left) because it's tail went the lowest. I know I don't show it, but my first exit would be at around the 90.55 area, and 2nd exit at the S/R line I have drawn around the 91.20 area. I'm thinking if PA of interest presents itself again at this level, I'll enter long if I get home in time for the entry. What do you guys think?

Attached Image (click to enlarge)
Click to Enlarge Name: day 20180103.PNG Size: 115 KB
  • #1,553
  • Jan 4, 2018 2:57am Jan 4, 2018 2:57am
Quoting Yoki
Here's CAD/JPY Last week's weekly bar broke out of the WCC resistance area. Now, the daily bars have built some nice support (the triple bottom) above the previous WCC resistance (dashed blue line) and the daily S/R line I have drawn. Yesterday's worker bar is a doji/IB. I'm thinking a good long would have been to get in a few pips above the doji/IB (yesterday's bar) with a stop below the low of the January 2nd bar (3rd bar from the left) because it's tail went the lowest. I know I don't show it, but my first exit would be at around the 90.55 area,...

Yoki all I can think of right now is that price is nowhere near the ema, which makes me think of the yoyo-effect.
  • #1,554
  • Jan 4, 2018 3:25am Jan 4, 2018 3:25am
hello

GBPUSD
waiting for a buy signal
H1 chart showing bullish bar crossing my SR line
Attached Image (click to enlarge)
Click to Enlarge Name: GU long.JPG Size: 99 KB


and stalking M15 for now while working
Attached Image (click to enlarge)
Click to Enlarge Name: GU M15.JPG Size: 109 KB
  • #1,555
  • Jan 4, 2018 4:01am Jan 4, 2018 4:01am
Reply to PM:

Hi Bluesky8635

You need to build your own template, it's the only way to learn. Everything is on both threads and your answers can be also be found on the new thread if you read through it ALL.

Thanks and good luck.

BTS
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #1,556
  • Jan 4, 2018 8:58am Jan 4, 2018 8:58am
Missed one here.

https://www.forexfactory.com/attachm...1&d=1515077852
Attached Image
  • #1,557
  • Jan 4, 2018 10:19am Jan 4, 2018 10:19am
M5

Couple of losers and a winner today

Loser EURNZD

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 71 KB


One Loser One Winner GBPNZD

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 64 KB


Stuck to the plan. You win some, you lose some.

It's been a funny week with the market still very thin, I saw a 40 pip spread yesterday with no news on a GBP pair for about 5 seconds!

That's me done for a green week.

Cheers!
Private Msgs are turned off to weirdos, loafs and brain drainers
  • #1,558
  • Jan 4, 2018 10:23am Jan 4, 2018 10:23am
EURJPY M5

Quoting Frank0
Missed one here. {image} {image}
You can't win them all Frank BUT at least you SAW it and correctly identified it as an entry.
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,559
  • Jan 4, 2018 10:35am Jan 4, 2018 10:35am
PASR M5

Quoting BeyondTheSea
M5 Couple of losers and a winner today Loser EURNZD {image} One Loser One Winner GBPNZD {image} Stuck to the plan. You win some, you lose some. It's been a funny week with the market still very thin, I saw a 40 pip spread yesterday with no news on a GBP pair for about 5 seconds! That's me done for a green week. Cheers!
I can't work out whether you bought or sold on EURNZD - please mark up.

On GBPNZD, you were too eager to jump into a trade. Yes the Shooting Star was an ideal entry candle BUT the Strat Shadow was AGAINST you WARNING you of a CHANGE OF TREND or at least CONSOLIDATION. Make sure you UNDERSTAND my blue lines on your chart. Your next entry, a CLOSE below support was spot on.

Don't trade M5 tomorrow as it is NFP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM5.png Size: 45 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,560
  • Jan 4, 2018 10:54am Jan 4, 2018 10:54am
Quoting strat
PASR M5 {quote} I can't work out whether you bought or sold on EURNZD - please mark up. On GBPNZD, you were too eager to jump into a trade. Yes the Shooting Star was an ideal entry candle BUT the Strat Shadow was AGAINST you WARNING you of a CHANGE OF TREND or at least CONSOLIDATION. Make sure you UNDERSTAND my blue lines on your chart. Your next entry, a CLOSE below support was spot on. Don't trade M5 tomorrow as it is NFP {image}
I was selling on EURNZD, I was too hasty on the second trade and in hindsight it may have been a "revenge" trade after it took my original stop out on trade one. I wasn't emotional or thought about it that way at the time though but maybe the little people had a poke at me....

Your lines... so we are looking the angle of the shadow now pointing in the wrong direction of my trade with a fast momentum of the 20 heading up but the 72 almost flat lining with no momentum. It's either going to change direction or more likely go into a range, hence no trade.. I was looking at the lamp post whilst not trying to crash into it and forgot about the path?!!
Private Msgs are turned off to weirdos, loafs and brain drainers
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