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Strat's PASR Long Term, Stress Free Trading

  • #1,901
  • Feb 2, 2018 4:02pm Feb 2, 2018 4:02pm
GBPJPY

Quoting Frank0
{quote} Strat, I wasn't aware I had posted any chart with an indicator. If I have I'll guarantee it won't happen again. Thanks for your critigue of my post. Frank
No you didn't Frank, in fact you posted a very good analysis.

I trust you will also READ and UNDERSTAND my post # 1893 to Rub which explains everything in great detail. I SEE you flipping backwards and forwards from here to the Comedy Thread and sensed that you couldn't cut the umbilical cord to it so it was one of those days where I thought I'm not going to waste any more time and energy.
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,902
  • Feb 2, 2018 4:32pm Feb 2, 2018 4:32pm
Quoting strat
GBPJPY {quote} I hope this helps "us" to move forward
It does, and thank you for being so gracious with your time and consideration.
Just FYI, I had spotted all these entry points (in hindsight), so you are not teaching to a wall (hopefully), I was just focusing on the latest entry because I genuinely felt stupid for missing it.

Your observation on Pivot points is duly noted and they are indeed useless to the point of not noticing they were still there.

Have a nice week end
  • #1,903
  • Feb 2, 2018 5:34pm Feb 2, 2018 5:34pm
Quoting strat
PASR {quote} From my vacations in Portugal - Ola, Obrigado! No need for "Mr" - just plain old "Strat" is fine I have SEEN you on here almost everyday and have been having an argument with myself as to ""will he finally get over his indicator and automatic trading hallucinations and SEE the PASR light" or "will he GIVE IN and go back to squiggly lines and account destroying robots"? If you are COMMITTED and DEDICATED to PASR then we are here to HELP you

Olá Strat,

I have not yet had the opportunity to know Portugal, yet I know some people who have lived there, and as far as I know, they are friendly and receptive people, similar to the people of Brazil. I hope you enjoyed your vacation.

I totally got over my indicators and "automatic trading hallucinations".

Now I dedicate myself only to PASR, and I am CONFIDENT that I have found the PATH to follow.

Make sure I am COMMITTED and DEDICATED with PASR.

"Muito Obrigado".
  • #1,904
  • Feb 2, 2018 7:09pm Feb 2, 2018 7:09pm
Quoting evandrorp14
{quote} Olá Strat, I have not yet had the opportunity to know Portugal, yet I know some people who have lived there, and as far as I know, they are friendly and receptive people, similar to the people of Brazil. I hope you enjoyed your vacation. I totally got over my indicators and "automatic trading hallucinations". Now I dedicate myself only to PASR, and I am CONFIDENT that I have found the PATH to follow. Make sure I am COMMITTED and DEDICATED with PASR. "Muito Obrigado".
De nada!
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,905
  • Feb 3, 2018 7:17am Feb 3, 2018 7:17am
I've got a question regarding GBP/JPY.
BB: Strongly bullish but hitting a strong resistance level. January's candle looks strong to me, although wick at the top indicates that mentioned resistance level was hit.
B: Bullish, closed above EMA200, became WCC?
W: Now yesterday closed bearish after testing resistance and looks we could see a retracement? I am long since the January 30th candle closed and showed a beautiful setup to go long. Now I am not sure if we can see some higher highs in the Dragon, or you think GBP is running out of steam and we could see a deeper retracement? Do not want to do the same mistake again when I exit my trades too soon, when I'm looking for longer term opportunities but also do not want to sit too long and lose everything I worked on.

Happy to see your point of view Strat.
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  • #1,906
  • Feb 3, 2018 10:24am Feb 3, 2018 10:24am
GBPJPY

Quoting Svolacius
I've got a question regarding GBP/JPY. BB: Strongly bullish but hitting a strong resistance level. January's candle looks strong to me, although wick at the top indicates that mentioned resistance level was hit. B: Bullish, closed above EMA200, became WCC? W: Now yesterday closed bearish after testing resistance and looks we could see a retracement? I am long since the January 30th candle closed and showed a beautiful setup to go long. Now I am not sure if we can see some higher highs in the Dragon, or you think GBP is running out of steam and we...
Well done young man/lady!

The reason for my original post of GBPJPY was to show PRICE at STRONG RESISTANCE and to get feedback on what traders would do/are doing.

First, you have too many support and resistance levels on your TRADING chart. When you are learning PASR, you need ALL the support and resistance levels you can find - but not for trading. Your TRADING chart should only have resistance above/at where PRICE is now and support below/at where PRICE is now. See examples on my charts.

Week ending January 26, 2018 is the current Weekly Control Candle.

Now I am not sure if we can see some higher highs in the Dragon

What is the ""Dragon""?

you think GBP is running out of steam and we could see a deeper retracement?

Remember, I do NOT spoon feed and I, along with every other trader, CANNOT predict what the Market will do. All we can do is identify the support and resistance levels where PRICE can go and then WAIT and WATCH for the footprints from the Big Boys and then FOLLOW them in accordance with PASR.

Do not want to do the same mistake again when I exit my trades too soon, when I'm looking for longer term opportunities but also do not want to sit too long and lose everything I worked on

This tells me YOU don't have a PLAN. If you had a PLAN you would have already TAKEN ACTION in accordance with that PLAN.

PLAN THE TRADE then TRADE THE PLAN! Never, ever put on a trade without this!

This also tells me you are being hit with an attack from your Little People which further tells me you are trading a REAL live account with your hard earned money. Find all my posts on Trading Psychology and make sure you READ, LEARN and UNDERSTAND them. Particularly look for those on GREED which YOU are suffering badly from.

This further tells me you are not as far on The Path as you think and you should get back on it before you think of trading again.

What other PASR traders have done is ALREADY taken profit on the majority of their positions when that STRONG RESISTANCE was reached.
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,907
  • Edited 11:02am Feb 3, 2018 10:45am | Edited 11:02am
Hi Strat, I would like to ask you a question because I have confused ideas about a basic concept, ie "confirmed swings". Surely the question has been asked many times, but the answer is not always the same, so I want to ask you: For confirmation of a swing, the OPPOSITE end of the candle must be taken out (exceeded) with a CLOSE or is sufficient the HIGH/LOW?

Thank you

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  • #1,908
  • Feb 3, 2018 11:02am Feb 3, 2018 11:02am
Quoting Giannis95
Hi Strat, I would like to ask you a question because I have confused ideas about a basic concept, ie "confirmed swings". Surely the question has been asked many times, but the answer is not always the same, so I wanted to ask you: For confirmation of a swing, the OPPOSITE end of the candle must be taken out (exceeded) with a CLOSE or is sufficient the HIGH/LOW? Thank you {image} {image}
Not UNTIL YOU answer my questions on YOUR post!
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,909
  • Feb 3, 2018 11:06am Feb 3, 2018 11:06am
Quoting strat
GBPJPY M5 {quote} easiest and most profitable strategy is PASR M5 And you are making this claim based on ONE TRADE? Only think of making this claim when you have been consistently profitable, month by month for AT LEAST one year Well it seems you are very lucky on this trade - assuming you exited with a profit. Since you are trading after New York open, this is NOT in accordance with my consistently profitable M5 strategy You need to study all my posts on my M5 strategy BEFORE you do SERIOUS damage to your account and trading psychology.
I understand,
I normally have to rely on the Strat shadow to detect the trend, put S/R with H1 and M15, put trendline, and enter with the candles PASR after rebound or cross the MA but, I don't understand the fact that I should not trade after the opening of New York?

Thank you for your reply

Pixlab
  • #1,910
  • Feb 3, 2018 11:09am Feb 3, 2018 11:09am
Quote
Go back and read my previous post and this post and then ask yourself these questions............Have I READ ALL The Path on PASR? Have I LEARNED everything on PASR? Have I UNDERSTOOD PASR?

Then the final question...............Am I ready to trade PASR?
Do you mean this question?
  • #1,911
  • Feb 3, 2018 11:10am Feb 3, 2018 11:10am
Quote
https://www.forexfactory.com/showthr...8#post10737418


START
my last post gj entry is correctly?i need to advice more improving my trading skill

thank
fx1900
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  • #1,912
  • Feb 3, 2018 11:36am Feb 3, 2018 11:36am
Quoting strat
GBPJPY {quote} Well done young man/lady! The reason for my original post of GBPJPY was to show PRICE at STRONG RESISTANCE and to get feedback on what traders would do/are doing. First, you have too many support and resistance levels on your TRADING chart. When you are learning PASR, you need ALL the support and resistance levels you can find - but not for trading. Your TRADING chart should only have resistance above/at where PRICE is now and support below/at where PRICE is now. See examples on my charts. Week ending January 26, 2018 is the current...
Great advice, Strat. I will get back to studying your threads, so far the Path you allowed us to follow has been an enlightenment for a young trader like me.

By the way I am trading from a live account just as you noticed but just to help myself to deal with the little people inside my head. Demo trading helped me at the very beginning but it doesn't fully involve your psychology in the trading process. Trading smallest lot size and risking 1%, one position open at a time.
  • #1,913
  • Feb 3, 2018 11:44am Feb 3, 2018 11:44am
Quoting Svolacius
{quote} Great advice, Strat. I will get back to studying your threads, so far the Path you allowed us to follow has been an enlightenment for a young trader like me. By the way I am trading from a live account just as you noticed but just to help myself to deal with the little people inside my head. Demo trading helped me at the very beginning but it doesn't fully involve your psychology in the trading process. Trading smallest lot size and risking 1%, one position open at a time.

i think this's more help you///
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  • #1,914
  • Feb 3, 2018 11:58am Feb 3, 2018 11:58am
GBPUSD..
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  • #1,915
  • Feb 3, 2018 12:17pm Feb 3, 2018 12:17pm
Quoting strat
USDJPY M5 {quote} From my previous post, let's try to HELP you with your USDJPY M5 trade. The FIRST help I can give you is READ, LEARN and UNDERSTAND The Path on PASR before trading on any time frame So let's look at "I look for the alignment of all three time-frames ". As in my previous post, this is NOT the strategy for my M5 trading! If you don't know why - READ THE THREAD on my M5 strategy. Next, if YOU had traded what you wrote "I look for the alignment of all three time-frames" - you would NOT have traded this! I have posted my H4, H1 and...
H4: What I thought was that the price was in a trading range, I was convinced that the price after hitting the resistance would have tested the opposite side of the trading range. I ignored 20 ema as a dynamic support.

H1: What I focused on was the big red bar, I interpreted it as a trend change signal and I ignored the shadow strats again as a dynamic support.

M5: I have not even seen that big tail, I focused on the bear trend and the price close to the shadow. I considered the strat shadow only in the lower time frame. Moreover I did not check if the trend was a continuation of a trend started in the London session.

No, I do not feel ready to trade PASR, I have not read all the path on PASR but I'm doing it and at the same time I feel the need to get my hands dirty, to try to apply what I understand and understand what I'm wrong and why I'm wrong. As in any path of learning I think it is normal to ask yourself some questions or have doubts or maybe misunderstand something. That's all.
Maybe there is no fixed definition of a "confirmed swings", maybe it depends on the circumstances.
  • #1,916
  • Feb 3, 2018 12:21pm Feb 3, 2018 12:21pm
Quoting meugampong
GBPUSD.. {image}
great trading meugampong my targert gbpusd 1.4078.
my idea nexz week gbpusd range period
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  • #1,917
  • Feb 3, 2018 1:12pm Feb 3, 2018 1:12pm
PASR

Quoting Giannis95
{quote} Do you mean this question?
No, I mean these 16 questions:


Next, if YOU had traded what you wrote "I look for the alignment of all three time-frames" - you would NOT have traded this! I have posted my H4, H1 and M5 charts below - HOW do you SEE these being in alignment?
H4
At the TIME of YOUR SHORT entry, PRICE had made a BOTTOM at SUPPORT, RE-TESTED that BOTTOM as SUPPORT and is NOW making HIGHER HIGHS and HIGHER LOWS - what do you think that PRICE ACTION is telling you? Is this a PASR condition to sell?
H1
I have identified YOUR SHORT entry on my H1 chart. Do you SEE anything wrong with it?
Had you READ, LEARNED and UNDERSTOOD my PASR Trending Strategy, you would KNOW what the Strat Shadow and that chart is telling you
Do you SEE what the candle is that YOU entered on? Do you KNOW what it is? Do you KNOW where it is? Do you KNOW what it is telling us?
M5
I have identified YOUR SHORT entry on my M5 chart.
Do you SEE what type of candle that is that you entered on?
Do you KNOW what that candle is telling you?
Can you SEE the candle I have marked "A"? Do you KNOW what that is telling you?
Do you SEE the blue line I have drawn from that candle? Do you KNOW what it means? Do you KNOW what that is telling you?
""IF"" you are trading ""MY"" M5 strategy, is New York continuing the trend set by London?
Go back and read my previous post and this post and then ask yourself these questions............Have I READ ALL The Path on PASR? Have I LEARNED everything on PASR? Have I UNDERSTOOD PASR?

Then the final question...............Am I ready to trade PASR?
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,918
  • Feb 3, 2018 1:15pm Feb 3, 2018 1:15pm
im watching this setup closely..
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  • #1,919
  • Feb 3, 2018 1:19pm Feb 3, 2018 1:19pm
PASR

Quoting Pixlab
{quote} I understand, I normally have to rely on the Strat shadow to detect the trend, put S/R with H1 and M15, put trendline, and enter with the candles PASR after rebound or cross the MA but, I don't understand the fact that I should not trade after the opening of New York? Thank you for your reply Pixlab
I normally have to rely on the Strat shadow to detect the trend

That is only ONE of several conditions - READ, LEARN and UNDERSTAND The Path to get the rest

I don't understand the fact that I should not trade after the opening of New York?

I did NOT say that!

I said that because YOUR trade was in the New York session and NOT in accordance with MY M5 strategy which, due to my time zone, is based after the New York open
15 YEARS OF PASR ON FOREX FACTORY!
  • #1,920
  • Feb 3, 2018 1:26pm Feb 3, 2018 1:26pm
Quoting strat
PASR {quote} I normally have to rely on the Strat shadow to detect the trend That is only ONE of several conditions - READ, LEARN and UNDERSTAND The Path to get the rest I don't understand the fact that I should not trade after the opening of New York? I did NOT say that! I said that because YOUR trade was in the New York session and NOT in accordance with MY M5 strategy which, due to my time zone, is based after the New York open

hellow start i am trading 15min chart h1 4h focus it's no problem?
i think this's strategy anytime time frame valid.......

fx1990
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