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Strat's PASR Long Term, Stress Free Trading

  • #2,501
  • Edited 7:47pm Feb 21, 2018 6:56pm | Edited 7:47pm
Hello Strat,

attached is my current trade. i already closed UJ with profit and running loss on NU, running profit on AU.

on UJ, hit my TP yesterday.

on NU, it was my little people afraid to missing out, but i did think that the arrowed bar is the signal to short. and it's my greed (or stupidity) to think that it will come back down that made me move my SL into that huge (crazy RR, i admit, but micro account allows me to accept the risk).

on AU, hope it touched my TP today (the low of WCC) .


this is my 4 months-trading-life (im lucky that i met this thread on the 2nd months), so im still practicing while trying to answer Strat question on the very beginning of the thread; what kind of trader that i want to be. and i think it's more comfortable for me to swing trading than trend trading. but too early to conclude. i will stay practice more and more. now im still in the midle of reading TITZ and leaving the old thread for a while to practice my understanding on the first 120 pages.

for now, i found it hard to have confidence about my SR (and so about my SL and TP), so will practice more in that too. im ashamed for not contributing much and for being a slow learner. and many thanks for keep posting and guiding.

Regards
Rina

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  • #2,502
  • Feb 21, 2018 7:26pm Feb 21, 2018 7:26pm
Hello.

-- Im Watching W1 D1 H4 and H1/H4 for entrys.

-- Big Width Lines is the Weekly Candle Control
-- Medium Width Lines is the Daily Support and Resistances
-- Small Width Lines is the H4 Support and Resistances.

Entry:

W1: We are in Weekly Control Candle *Bearish*. Ranging Mode.

Daily: Make a Lower Low in the "Crash" and then Confirmed Swing Lower High and fail to make a new Lower Low. and Creating few days later the Weekly Control Candle. Then the price go Higher in the Resistance Zone and Fail to break it
and again confirmed a "new" Lower High. Daily end with a very big Tail.

H4: Candle Close bellow Support after Rejecting EMA 200 and Resistance.

H1: Candle Close bellow Support.


Im watching correctly the things? Thank you.

-----------------------------------------

Weekly

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Daily

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H4

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H1

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  • #2,503
  • Feb 21, 2018 11:22pm Feb 21, 2018 11:22pm
Ok, trying a different browser seem to let me upload charts.

USD/CAD: Entered short on the break of the 9th Feb candle, took a loss on it for nearly my full stop. Whooo.... where to start. Crappy candle, not a lower high, and first support too close to get a good R:R. Oh, and boss made a higher low. Was totally in the wrong direction.

GBP/JPY: Entered on the 14 Feb at market, with the doji candle. Was at support, candle stuck out, the pair has been trending up for over a year. Trade was break even, as I moved the stop because I was 100 pips up. However, trade was going against a large BEOB from resistance at 155.00 so countertrend. Had also made a lower low on worker. I should be looking for shorts, and not the ones you wear surfing.
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  • #2,504
  • Feb 22, 2018 12:17am Feb 22, 2018 12:17am
Quoting strat
PASR {quote} Biggest hurdle crossed You will change your mind when your Little People visit you!
I am aware of the importance of it, as the no. of people (including Nicola) talked about how Psychology is important and the 90% success depends on that in your old thread.
  • #2,505
  • Feb 22, 2018 1:44am Feb 22, 2018 1:44am
Quoting strat
GBPJPY H4 {quote} Good morning! Hmm, is this a joke or are you taking the p**s? You have been on FF since January 2006 and are STILL trying to trade your way out of a paper bag. You have been in and out of more threads than Tommy Lee with Pamela Anderson! This is a thread for teaching PASR Stress Free, Long Term trades so that students can become CONSISTENTLY PROFITABLE to TRADE FOR A LIVING. The average time to achieve this is 3 years. The average time you have been on a thread seems to be 3 days! Please kindly advise WHY we should take you seriously....
=========
Taking the "p**s"? Now why would I be that stupid in the first place?
Has it perhaps occurred to you that I was looking to improve my long term trading skills over the last number of years or is this a standard salutation when someone did not find you in the first place? You yourself was"all over the show" including in the "Pit" before you found direction in your life and now you are too smart to live your offer of "helping others" without denigrating them. If this is your style, go right ahead and I wish you God's blessing on your journey.

Why I should be taken seriously, is because I am a student learning the basics and having to unlearn the crap that we were fed in this country of mine when unscrupulous vendors descended on us without knowing what they were doing other than selling their software. So I have been through the mill. And if you are too smart for me ( checking where I was before finding you, must have taken some time out of your schedule just so that you can belittle me ), than so be it as I would have met just another insensitive individual in the world of smart people whose doors were open to you (yes you!) and forgotten about it.

I would not have asked you this question of mine had I not read anything. I also found that you have changed the 63-sma to 72 and I still see a lot of traders here using the 63 for one. So Yes I have read, registered and carried on reading before I was stupid enough to ask you a simple question.

Blessings to you.
Hercs
  • #2,506
  • Feb 22, 2018 1:45am Feb 22, 2018 1:45am
GBPAUD Trend Trading

Boss shows a nice uptrend and has formed a swing low mid of January. The swing high (third candle from the right) was not confirmed yet. So interesting what will happen next.

Worker also in an uptrend , confirmed by Strat shadow (EMAs in a nice slope). BUEB at 20.02. was a trigger for me to enter with a small position. For the case that we close above my resistance level and also above the resistance of the WCC that would be a bullish signal for me to show for further entries.

Boss:

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Worker:

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  • #2,507
  • Feb 22, 2018 10:07am Feb 22, 2018 10:07am
USDJPY, NZDUSD and AUDUSD

Quoting rina53547
Hello Strat, attached is my current trade. i already closed UJ with profit and running loss on NU, running profit on AU. on UJ, hit my TP yesterday. on NU, it was my little people afraid to missing out, but i did think that the arrowed bar is the signal to short. and it's my greed (or stupidity) to think that it will come back down that made me move my SL into that huge (crazy RR, i admit, but micro account allows me to accept the risk). on AU, hope it touched my TP today (the low of WCC) . this is my 4 months-trading-life (im lucky that i met this...
USDJPY:While you were lucky to profit THIS TIME - you may not be the next time and the time after that. Think where your account would be now had you not taken profit. Trade With The Trend NOT against it.

NZDUSD: Oh dear Rina! Where is your 3 time frame analysis to justify this trade? The Big Boss, Boss and Worker are all trying to test recent highs. There is no PASR on either the Big Boss or Boss to indicate a sell. In any event, on your H4, you failed to SEE that long candle you entered on February 14, 2018 had ALREADY tested support and PRICE was rejected from that support.

AUDUSD: This is good Basic PASR, Rina. I don't know if you knew it but you traded short from the top of the Weekly Control Candle with the bottom as your target. Make sure to protect profit as PRICE is being pushed higher by the Big Boys.

Hopefully Wild Thing will add some pearls of wisdom as he is in the same time zone as you and UNDERSTANDS his local currencies (AUD and NZD) better than anyone I know.

I'm ashamed for not contributing much and for being a slow learner.

You have nothing to be ashamed of, Rina. Post when you can, like you did and as for being a "slow learner", take whatever time you need to master PASR - the Markets will always be there. Finally, remember the story of the hare and the tortoise - the tortoise always WINS.

Attached Image
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,508
  • Feb 22, 2018 10:09am Feb 22, 2018 10:09am
DOW

Quoting HappyTrend
Hello. -- Im Watching W1 D1 H4 and H1/H4 for entrys. -- Big Width Lines is the Weekly Candle Control -- Medium Width Lines is the Daily Support and Resistances -- Small Width Lines is the H4 Support and Resistances. Entry: W1: We are in Weekly Control Candle *Bearish*. Ranging Mode. Daily: Make a Lower Low in the "Crash" and then Confirmed Swing Lower High and fail to make a new Lower Low. and Creating few days later the Weekly Control Candle. Then the price go Higher in the Resistance Zone and Fail to break it and again confirmed a "new" Lower...
Im watching correctly the things?

Yes
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,509
  • Feb 22, 2018 10:38am Feb 22, 2018 10:38am
GBPJPY & USDCAD

Quoting Rub
Ok, trying a different browser seem to let me upload charts. USD/CAD: Entered short on the break of the 9th Feb candle, took a loss on it for nearly my full stop. Whooo.... where to start. Crappy candle, not a lower high, and first support too close to get a good R:R. Oh, and boss made a higher low. Was totally in the wrong direction. GBP/JPY: Entered on the 14 Feb at market, with the doji candle. Was at support, candle stuck out, the pair has been trending up for over a year. Trade was break even, as I moved the stop because I was 100 pips up....
GBPJPY: Where is your 3 time frame analysis? Although the month is not finished yet, there is a BIG RED BEOB. Have you READ and UNDERSTOOD the Power of Time Frames? Did you UNDERSTAND that PRICE is trapped in a Weekly Control Candle? PRICE is in the RED and below the Strat Shadow. PASR does NOT trade tops and bottoms.

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USDCAD: Again, Where is your 3 time frame analysis? What is the Big Boss telling you? Did you UNDERSTAND that PRICE is trapped in a Weekly Control Candle? What is the Market Structure of the Boss? Where is PRICE relative to the Strat Shadow?

It seems you are too eager to trade and are ""looking"" for a trade instead of ""SEEING"" a trade. Make sure you get on The Path and do more reading
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,510
  • Feb 22, 2018 10:54am Feb 22, 2018 10:54am
GBPAUD

Quoting Malu
GBPAUD Trend Trading Boss shows a nice uptrend and has formed a swing low mid of January. The swing high (third candle from the right) was not confirmed yet. So interesting what will happen next. Worker also in an uptrend , confirmed by Strat shadow (EMAs in a nice slope). BUEB at 20.02. was a trigger for me to enter with a small position. For the case that we close above my resistance level and also above the resistance of the WCC that would be a bullish signal for me to show for further entries. Boss: {image} Worker: {image}
PASR is a 3 time frame strategy. Where is your Big Boss? My Big Boss would NOT have me taking long positions. In addition to the Big Boss, my Boss is confirming NOT to BUY into RESISTANCE. Your BUY on February 20, 2018 has ONLY a 1:1 RISK to reward and is NOT worth the STRESS. Even dropping down to H4 for an entry would NOT have improved the 1:1 R:R.

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THIS IS NOT PASR TREND TRADING

See Post 2492 for an example of PASR TREND TRADING - can you spot the difference?
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,511
  • Feb 22, 2018 11:14am Feb 22, 2018 11:14am
Quoting strat
GBPAUD {quote} PASR is a 3 time frame strategy. Where is your Big Boss? My Big Boss would NOT have me taking long positions. In addition to the Big Boss, my Boss is confirming NOT to BUY into RESISTANCE. Your BUY on February 20, 2018 has ONLY a 1:1 RISK to reward and is NOT worth the STRESS. Even dropping down to H4 for an entry would NOT have improved the 1:1 R:R. {image} {image} THIS IS NOT PASR TREND TRADING See Post 2492 for an example of PASR TREND TRADING - can you spot the difference?
Very cool your thread, is much more easy to see the tendance this way. Congrats.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #2,512
  • Feb 22, 2018 11:25am Feb 22, 2018 11:25am
Some Intraday Action Today.

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  • #2,513
  • Edited Feb 23, 2018 10:18am Feb 22, 2018 11:44am | Edited Feb 23, 2018 10:18am
Quoting Hercs
{quote} ========= Taking the "p**s"? Now why would I be that stupid in the first place? Has it perhaps occurred to you that I was looking to improve my long term trading skills over the last number of years or is this a standard salutation when someone did not find you in the first place? You yourself was"all over the show" including in the "Pit" before you found direction in your life and now you are too smart to live your offer of "helping others" without denigrating them. If this is your style, go right ahead and I wish you God's blessing on...
Thank you for your reply which shows you are not just the usual lurker. You must understand that on both my threads I have been bombarded with lurkers, know it alls, newbies, wannabees, get rich quickers, more money than sense people who want to give me their life savings to trade for them, and idiots who don't know a pip from a chip! Add to that the short cut idiots who think they can flatter me to give them information. This is my way of weeding out the chaff.

I am not going to argue save to repeat what is on Post 1 of this thread.

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""IF"" you genuinely want to learn PASR to become CONSISTENTLY PROFITABLE to TRADE FOR A LIVING knowing that it is taking on average around 3 years, I will help you all I can.

What I am having a really hard time understanding is why you posted H4 with your ""control candle"". Had you read The Path, you would have started with support and resistance identification. BeeCee is an example of a student logically learning PASR on The Path.
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,514
  • Feb 22, 2018 12:37pm Feb 22, 2018 12:37pm
Quoting strat
GBPAUD See Post 2492 for an example of PASR TREND TRADING - can you spot the difference?
Thanks Strat. I suppose the difference in the above mentioned post is that there trades were taken when PA occurres at support and restistance. (In contrast to my trade).
  • #2,515
  • Feb 22, 2018 2:06pm Feb 22, 2018 2:06pm
Quoting Malu
{quote} Thanks Strat. I suppose the difference in the above mentioned post is that there trades were taken when PA occurres at support and restistance. (In contrast to my trade).
Try again. See if you can SEE the difference between "a" and "b"

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15 YEARS OF PASR ON FOREX FACTORY!
  • #2,516
  • Feb 22, 2018 2:45pm Feb 22, 2018 2:45pm
Quoting strat
{quote} Try again. See if you can SEE the difference between "a" and "b"
What I see is that we come from a sideways market into an downtrend that goes in one direction. Price never crossed the second EMA, what shows that the trend is still intact.
Hope I am on the right track ...
  • #2,517
  • Feb 22, 2018 2:47pm Feb 22, 2018 2:47pm
Quoting Malu
{quote} What I see is that we come from a sideways market into an downtrend that goes in one direction. Price never crossed the second EMA, what shows that the trend is still intact. Hope I am on the right track ...
Yes, so why did you think your GBPAUD was a Trend Trade?
15 YEARS OF PASR ON FOREX FACTORY!
  • #2,518
  • Feb 22, 2018 3:11pm Feb 22, 2018 3:11pm
Quoting strat
{quote} Yes, so why did you think your GBPAUD was a Trend Trade?
I thought that, because the worker was in an upmove since January this year. But I agree that price is coming from
somewhere else compared to your example. I see the difference now.
Maybe I WANTED TO SEE a trend to take the trade. That is no excuse, I am just trying to point out that I wanted to trade something that wasn’t there.
Thanks for guiding me to that point.
  • #2,519
  • Feb 22, 2018 3:12pm Feb 22, 2018 3:12pm
Quoting strat
{quote} the short cut idiots who think they can flatter me to give them information.
Is it just my sick imagination, or you were talking about me, because I said that you are amazing? If you consider this as being flattery in exchange for information (where did that come from, anyway???), than you could not be further from the truth. If you were referring to someone else, still, you kind of made me feel 'guilty'.

Here is a screenshot from one of my PMs, where my 'flattery' towards you continues, 5 minutes or so after I made that post about you being amazing.

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P.S.: I started again reading the old thread today, where I left off the last time. It is clear that my M5 trading sucks, and it will stop sucking when the reading process ends.

P.S. 2: Someone warned me not to write this post, as I might end up on your ignore list (I have a clean record so far ). Either way, when I have something to say, I will say it, especially when I know I am wrongfully accused. And even if you ignore me, I will still not change my opinion towards you and towards the value found in your pages, and I will continue to read your posts, even though I shall be unable to write anything. It is going to be just another kick in the butt. Back to reading...
  • #2,520
  • Feb 22, 2018 3:31pm Feb 22, 2018 3:31pm
Quoting catalin_eros
{quote} Is it just my sick imagination, or you were talking about me, because I said that you are amazing? If you consider this as being flattery in exchange for information (where did that come from, anyway???), than you could not be further from the truth. If you were referring to someone else, still, you kind of made me feel 'guilty'. Here is a screenshot from one of my PMs, where my 'flattery' towards you continues, 5 minutes or so after I made that post about you being amazing. {image} P.S.: I started again reading the old thread today, where...
It is your sick imagination!

I was referring to these type of posts where this is one of the latest:

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As I have said in several posts, I don't give a rat's ass what anyone thinks of me! I am very successful both in my trading and in my teaching. Name calling has NO EFFECT on me whatsoever. Yes, I have an unorthodox style of teaching but those I have taught to TRADE FOR A LIVING by being CONSISTENTLY PROFITABLE will tell you IT WORKS!

It is clear that my M5 trading sucks, and it will stop sucking when the reading process ends.

Almost right. The reading process, like LEARNING, will NEVER end.

Someone warned me not to write this post, as I might end up on your ignore list

You need to change your circle of trading advisors! I only ignore those who post to cause trouble/arguments/chaos as happened in the Comedy Thread.

I like you, Romanian Playboy, and Clousea - you stop me from being complacent!
15 YEARS OF PASR ON FOREX FACTORY!
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