Strat's PASR Long Term, Stress Free Trading | Page 166 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MY PASR journey Based on Strat's PASR Trading 76 replies

M5 PASR Trend Trading Strat 95 replies

My PASR Trend Trading Journals 3 replies

A young trader's road to profitability - PASR trading - Live 11 replies

Fibs trading and PASR 0 replies

Attachments: Strat's PASR Long Term, Stress Free Trading
Exit Attachments

Strat's PASR Long Term, Stress Free Trading

  • #3,301
  • Mar 28, 2018 6:01am Mar 28, 2018 6:01am
Quoting fxrabbi
GBPAUD M5 PASR Trend Trading: Bonus trade, although out of my trading hour but can't take my eyes off these +129.8pips stress free trading. Happy Trading, Yomi. {image}
Yomi,
What are the MA values that you are using in the MA ribbon?

Thanks.
  • #3,302
  • Mar 28, 2018 6:04am Mar 28, 2018 6:04am
Quoting MidnightRun
{quote} Yomi, What are the MA values that you are using in the MA ribbon? Thanks.

20EMA
72EMA
Time always comes before price
  • #3,303
  • Mar 28, 2018 7:38am Mar 28, 2018 7:38am
USDJPY M5 PASR Trend Trading:


LIVE at the MOVING HARD RIGHT EDGE..........where the Strat Shadow is showing TOOTH BLADE STRUCTURE.




Happy Trading,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 32 KB
Time always comes before price
  • #3,304
  • Mar 28, 2018 9:52am Mar 28, 2018 9:52am
USDJPY

Quoting maxleecool
Hi, Another PASR trade on USD JPY, as always views are welcome, and will help me gain more knowledge and experience in my journey of PA. BB : Trend is down, and 20 and 63 ma are showing curve downwards. B: MA Crossover had occurred, 20 is below 63 and are widening showing the strength of the downwards trend. This week price is trying to give a weak pullback (candle still not closed ). Overall trend is down . W: Price approaches the Strat shadow on 27 Mar Candle and we can see rejection from 20 MA. This also confluence with the resistance level of...
PRICE on the Big Boss is at SUPPORT - why would you want to trade short?

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 60 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,305
  • Mar 28, 2018 9:55am Mar 28, 2018 9:55am
GBPUSD M5 PASR Trend Trading

Quoting darko2010
GBPUSD 5M {image}
That's good, darko.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,306
  • Edited 10:25am Mar 28, 2018 10:14am | Edited 10:25am
PASR

Quoting darko2010
{quote} Thanks, but believe me, I wish I could trade on higher TFs but I am working on it. Baby steps...
So why can't you? If you can do it on M5 you can do it on any other time frame since the Markets are fractal. The difference is in higher number of pips and the stops and take profits which you manage with Money Management. After that it is just Trading Psychology.

Go back to posts 3205 & 3225 - that chart could be a tick chart, M1 chart, M5 chart, Daily chart, Monthly chart, Quarterly chart, 10 year chart etc., etc. There is NO DIFFERENCE in how you trade it. Just manage the higher number of pips in each case.
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 97 KB

Attached Image (click to enlarge)
Click to Enlarge Name: c.PNG Size: 125 KB
Thanks BTS!

Then read and UNDERSTAND my post dated February 27, 2009 from my "old" original thread:
Attached Image (click to enlarge)
Click to Enlarge Name: b.PNG Size: 49 KB


Make sure you really UNDERSTAND this:

drop down to a $/pip level that is comfortable for you to accept WHEN YOU LOSE. The trick is to base it on LOSING and not winning. FORGET about thinking how much you will win and instead focus on how much you will lose. Doing this controls your losses and you will find the winners just take care of themselves.

Then THINK and TRADE like a Professional:

Attached Image (click to enlarge)
Click to Enlarge Name: d.PNG Size: 4 KB


You CAN do it, darko, just CONTROL your Little People
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,307
  • Mar 28, 2018 10:17am Mar 28, 2018 10:17am
Quoting MidnightRun
{quote} Yomi, What are the MA values that you are using in the MA ribbon? Thanks.
So now you have more goodies to add to all your Indicator Junk!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,308
  • Mar 28, 2018 10:24am Mar 28, 2018 10:24am
Quoting strat
PASR {quote} So why can't you?
Thanks Strat, I appreciate the encouragement.
I hope to post some higher TF trades in the near future
  • #3,309
  • Mar 28, 2018 11:01am Mar 28, 2018 11:01am
GBPAUD PASR M5 first trade

Entry : wanted to enter at 1.8415 support break (BEEB at 1.8405), but was too slow and could get a better entry
SL : above previous swing high first, then moved above the next one
TP : wanted to go to next support 1.8356, but closed earlier ...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM5.png Size: 37 KB
  • #3,310
  • Mar 28, 2018 11:28am Mar 28, 2018 11:28am
GBPAUD M5 PASR Trend Trading

Quoting Bestof27
GBPAUD PASR M5 first trade Entry : wanted to enter at 1.8415 support break (BEEB at 1.8405), but was too slow and could get a better entry SL : above previous swing high first, then moved above the next one TP : wanted to go to next support 1.8356, but closed earlier ... {image}
Well done
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,311
  • Mar 28, 2018 11:35am Mar 28, 2018 11:35am
Quoting darko2010
{quote} Have you tried Interactive Brokers? They do charge a commission but their spreads are the tightest I have seen and make up for it
Thanks, yes. They are not user friendly, don't have MT4, candles don't close at 5pm EST and I had a bad ""run in"" with them
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,312
  • Mar 28, 2018 11:50am Mar 28, 2018 11:50am
Strat,

Fundamentally, you are 100% right on the merit of trading higher timeframes, and ideally the daily. I see that everyday now that, for the first time, I am starting to try and understand the meaning behind every individual candle and how it relates to higher TF structures.

Even on successful 5mn trade days, 5mn trades are successful because, on a higher timeframe, there is a more meaningful PA shaping up or continuing. Who wouldn't like to be part of the real mouvement instead of scraping 30-50 pips daily killing your eyes in front of your screens?

The sad thing is that this is where I come from. I wouldn't have looked below a daily (and sometimes weekly) chart when I was an equities trader (more of an investor really). Then someone told me about technical analysis, lower timeframes and the magic indicators that help you predict the future (he went bankrupt since then, no kidding).

I am a recovering low TF trader, it is a daily struggle to get back the serenity I once had. Except that, at that time, I had the "comfort" of fundamental analysis, which worked as long as you had enough money (and SL levels) for the market to eventually agree with your fundamental analysis. I held some of my positions for 2-3 years before getting 300+% returns. Thanks to your teachings, I believe I now have something much more powerful as it is directly related to price.

As for my hesitations to move to higher timeframes, I am at a specific period of my life where I have enough time to practice and enough value per pip to keep it interesting. This may change, but I want to see as many real time candles as possible, work on my psychology, learn and unlearn a lot of things that respectively I lacked and was poisoned by. I will endeavor to enter higher TF positions, but I still see my shortcomings and hesitations on 5mn and I first want to feel stronger before I take the next step.

I hope this clarifies where I come from. I am sure we all have complex backstories, and this is just part of mine.
Again, again, and again, you are a great trader but, more importantly, you are a good and generous teacher.
Trade well
D
  • #3,313
  • Mar 28, 2018 12:00pm Mar 28, 2018 12:00pm
M5 PASR Trend Trading - PST

Did you catch these Rufus?

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 46 KB

Attached Image (click to enlarge)
Click to Enlarge Name: b.PNG Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: c.PNG Size: 52 KB

Attached Image (click to enlarge)
Click to Enlarge Name: d.PNG Size: 48 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,314
  • Mar 28, 2018 12:31pm Mar 28, 2018 12:31pm
CADJPY

Getting ready for this one on the Worker if EOD close confirms intention to go higher.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPY-Mensuel.png Size: 25 KB
Click to Enlarge Name: CADJPY-Hebdo.png Size: 26 KB
Click to Enlarge Name: CADJPY-Journalier.png Size: 21 KB
  • #3,315
  • Mar 28, 2018 12:40pm Mar 28, 2018 12:40pm
CADJPY

Quoting darko2010
CADJPY Getting ready for this one on the Worker if EOD close confirms intention to go higher. {image} {image} {image}
You missed a resistance level

Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY-Journalier.png Size: 31 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,316
  • Mar 28, 2018 12:46pm Mar 28, 2018 12:46pm
Quoting strat
CADJPY {quote} You missed a resistance level {image}
Thanks
  • #3,317
  • Mar 28, 2018 1:22pm Mar 28, 2018 1:22pm
Quoting strat
M5 PASR Trend Trading - PST Did you catch these Rufus? {image} {image} {image} {image}
I was out of the house by then.

I was starting to see the 5m trend start to develope and was waiting for a pull back into the Strat shadow. But had to meet people for my day job.

Thank you for calling my attention to them, it helps a lot. Training my eye daily on what to look for.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #3,318
  • Mar 28, 2018 4:18pm Mar 28, 2018 4:18pm
Quoting strat
{quote} Thanks, yes. They are not user friendly, don't have MT4, candles don't close at 5pm EST and I had a bad ""run in"" with them
Strat/Rufus and others if i can ask what is the broker you guys use in US?

Thanks
  • #3,319
  • Mar 28, 2018 4:47pm Mar 28, 2018 4:47pm
Quoting tintin1
{quote} Strat/Rufus and others if i can ask what is the broker you guys use in US? Thanks
I'll PM you
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #3,320
  • Mar 28, 2018 7:07pm Mar 28, 2018 7:07pm
Putting this here for comments from the peanut gallery.

PO did not trigger. I will be canceling it after todays actions.

Attached Image (click to enlarge)
Click to Enlarge Name: (1) AUDJPYproMonthly_LI.jpg Size: 773 KB


Attached Image (click to enlarge)
Click to Enlarge Name: (1) AUDJPYproWeekly_LI.jpg Size: 826 KB


Attached Image (click to enlarge)
Click to Enlarge Name: (1) AUDJPYproDaily PO_LI.jpg Size: 773 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
29 traders viewing now