Strat's PASR Long Term, Stress Free Trading

Quoting trogger

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{quote} Today's Lesson in History* {image} Now why would I have .7198 marked on that chart? Anybody? (I know! Luck? ESP? wishful thinking?... Nah, Nah and Nah!) So, what happened after that spike? {image} Retest and "Hog-Heaven" freefall for all you "5 minute" wonders - if you can be bothered with 30 whole pips! And all from the BIG BOSS No. You work it out! (It will save you from a world of pain.) * For you 5min traders, "History" means 1271232 (give or take) five minute intervals ago!

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Quoting Forex_Fox

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Hi Strat and other fellow traders, I have a few questions: 1) As I was reading the thread it was emphasized that the higher time frames are easier to beat (require less precision in timing entries) - Will a switch to 1H/4H/D1 give me much better chances to be profitable in the long run? 2) I saw many posts about stealing pips in countertrends , I guess thats unprofitable since nobody posts these anymore? 3) How important is it if price is trapped inside the WCC when trading the M5? 4) Is this entry ok? I don't like that its so far away from the...

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Quoting TerryDawe

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Also a pretty strong PA signal at the BB resistance. {image}

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Quoting Forex_Fox

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Hi Strat and other fellow traders, I have a few questions: 1) As I was reading the thread it was emphasized that the higher time frames are easier to beat (require less precision in timing entries) - Will a switch to 1H/4H/D1 give me much better chances to be profitable in the long run? 2) I saw many posts about stealing pips in countertrends , I guess thats unprofitable since nobody posts these anymore? 3) How important is it if price is trapped inside the WCC when trading the M5? 4) Is this entry ok? I don't like that its so far away from the...

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Quoting trogger

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{quote} Today's Lesson in History* {image} Now why would I have .7198 marked on that chart? Anybody? (I know! Luck? ESP? wishful thinking?... Nah, Nah and Nah!) So, what happened after that spike? {image} Retest and "Hog-Heaven" freefall for all you "5 minute" wonders - if you can be bothered with 30 whole pips! And all from the BIG BOSS No. You work it out! (It will save you from a world of pain.) * For you 5min traders, "History" means 1271232 (give or take) five minute intervals ago!

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Quoting BeyondTheSea

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M5 GBPNZD - Sell The usual GBP shenanigans went on for a couple of hours during the ECB meeting, sat through it... There was also a lot going on in this area with three weekly bottoms (ahem) one a biggish WCC and a big number, so it was a good one to observe.. Because PA on M5 was a bit messy I was keeping a close eye on the other time frames and other GBP pairs for a nudge, I used my M15 for entry so thats why it may not be a clear entry on M5. Also PA on 1 hour allowed me to relax through the dull range period.... M15 entry {image}...

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Quoting strat

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PASR {quote} PASR has a name for this type of candle identified in the black box. I wonder if there are still some out there who know what it is? {image}

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Quoting Kohari

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{quote} Terry I noticed that one last Friday night after the markets closed. But isn't that just a corrective swing forming? Looking back it's obvious anyone who works the smaller time frames made some easy profits, but for those who trade the daily is it not a situation to wait until price hits the ema's and gains fresh momentum for a new high? please share your thoughts on this or how you have treated that SS at the WCC resistance.

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Quoting BeyondTheSea

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M5 GBPJPY - Sell Just a little cheeky one before I hit the road... It's always interesting looking back at a chart and wondering why I couldn't trade it. I couldn't trade this one earlier because it felt like I was chasing it. There are some obvious entries in hindsight but had I taken them at the time they would have been more like breakout trades which is what I am avoiding taking... unless it occurs with a PASR setup. Might be back Friday.. {image}

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Quoting Kohari

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{quote} A Shooting Star?

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Quoting strat

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PASR {quote} No, its probably in the "old" thread

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Quoting strat

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PASR M5 {quote} I've gotta stick it to the man some day soon! That is a long way off................yet. Stick at it, keep doing what you're doing and DO NOT BE DISTRACTED by others now that you have got your motor running. Wild Thing wants to know why you are not trying to trade the longer time frames?

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Quoting BeyondTheSea

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{quote} Bond SS?

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Quoting strat

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PASR {quote} Hell, no!

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