Strat's PASR Long Term, Stress Free Trading | Page 170 | 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

  • #3,381
  • Apr 1, 2018 6:35am Apr 1, 2018 6:35am
The higher they climb the harder they fall

I started in the equities market and I feel that, finally, the big bear has awaken again.

With Strat's permission, I will post here some of my analyses on particular stocks that I find interesting. Those will be either on the Worker, and probably more on the Boss.
  • #3,382
  • Edited 7:32am Apr 1, 2018 7:15am | Edited 7:32am
GU PASR

Big Boss :
- up trend

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 45 KB


Boss :
- up trend, consolidating between 1.382 & 1,414

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 45 KB


Worker :
- looking for bullish PA near TL, could buy if enough room to 1.414 resistance (1rst TP)

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 50 KB


Don't hesitate to make comments, I'm learning ...
  • #3,383
  • Apr 1, 2018 11:58am Apr 1, 2018 11:58am
Quoting Bestof27
GU PASR Big Boss : - up trend {image} Boss : - up trend, consolidating between 1.382 & 1,414 {image} Worker : - looking for bullish PA near TL, could buy if enough room to 1.414 resistance (1rst TP) {image} Don't hesitate to make comments, I'm learning ...
I feel the Boss is telling a different story, don't you think?
  • #3,384
  • Apr 1, 2018 12:57pm Apr 1, 2018 12:57pm
Quoting darko2010
{quote} I feel the Boss is telling a different story, don't you think?
Double top ?
  • #3,385
  • Edited 1:29pm Apr 1, 2018 1:08pm | Edited 1:29pm
Quoting Bestof27
{quote} Double top ?
I can't read into the future, I only know as much as you do, but when I look at the Boss, I see that (1) we are stuck in a WCC, (2) that price has been rejected several times from higher levels, and (3) even though there is no such a thing in Strat's teaching, there is a Monthly Control Candle-ish configuration. I can't tell you what to do, but as for me, I would only trade GU on lower TFs and I have been shorting it for the last week until the picture on higher TFs is easier to understand for me.

Remember, I am just the guy sitting next to you in class, not the teacher, so take everything I say with extreme skepticism
  • #3,386
  • Apr 1, 2018 1:26pm Apr 1, 2018 1:26pm
Quoting Bestof27
{quote} Double top ?
GU just got rejected from Big Boss resistance around BRN 1.4. Still stuck in WCC. I'd say it's still early to confirm a change of trend, so I'll stay out of any long-term sell trades until further PASR confirmation.

Until breakout of WCC, trade only within WCC on H4 timeframe using Basic PASR.
  • #3,387
  • Apr 1, 2018 2:27pm Apr 1, 2018 2:27pm
Quoting darko2010
{quote} I can't read into the future, I only know as much as you do, but when I look at the Boss, I see that (1) we are stuck in a WCC, (2) that price has been rejected several times from higher levels, and (3) even though there is no such a thing in Strat's teaching, there is a Monthly Control Candle-ish configuration. I can't tell you what to do, but as for me, I would only trade GU on lower TFs and I have been shorting it for the last week until the picture on higher TFs is easier to understand for me. Remember, I am just the guy sitting next...
Agree with WCC (consolidation in my comment), sure there is not too much room for a daily trade.
  • #3,388
  • Apr 1, 2018 2:34pm Apr 1, 2018 2:34pm
XLU - Utilities ETF

BB : HH, HL lows so far so uptrend is intact. this could be start of the next impulsive wave after the corrective wave in the uptrend . Feb bar looks like an hammer at support and Mar bar is inside bar and strat shadow is acting as support
B: consolidation near support, HL in the immediate trend and near the start shadow resistance and the last bar looks like BUEB
W: HH, HL in the immediate trend and price just closed above the the start shadow
Trade Plan is
Buy on Monday market open , preferably around the 50.25
1st target 51.25, 2nd target 52.50, if we clear 52.50 area 55 is the target

BB
Attached Image (click to enlarge)
Click to Enlarge Name: xlu_BB.png Size: 89 KB

B
Attached Image (click to enlarge)
Click to Enlarge Name: xlu_B.png Size: 93 KB

W
Attached Image (click to enlarge)
Click to Enlarge Name: xlu_W.png Size: 113 KB
  • #3,389
  • Apr 1, 2018 2:50pm Apr 1, 2018 2:50pm
yes its really stressfress but some improvement needed overall its good
  • #3,390
  • Apr 2, 2018 9:40am Apr 2, 2018 9:40am
EQUITIES

Quoting darko2010
The higher they climb the harder they fall I started in the equities market and I feel that, finally, the big bear has awaken again. With Strat's permission, I will post here some of my analyses on particular stocks that I find interesting. Those will be either on the Worker, and probably more on the Boss.
With Strat's permission, I will post here some of my analyses on particular stocks that I find interesting. Those will be either on the Worker, and probably more on the Boss.

Go ahead. PASR works on all freely traded instruments. Hopefully you will start with the Big Boss.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,391
  • Apr 2, 2018 9:44am Apr 2, 2018 9:44am
Quoting jacksparrow1
yes its really stressfress but some improvement needed overall its good
but some improvement needed

Watch out guys, there is a self-proclaimed guru, expert, know it all, and trading systems assessor LURKER in town! Not only that, he only joined FF on March 25, 2018 so he REALLY knows his stuff!

Attached Image


Pray tell us how to improve our CONSISTENTLY PROFITABLE strategy
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,392
  • Apr 2, 2018 9:49am Apr 2, 2018 9:49am
28 pairs of analysis, no wanted trade today.

Feel like I mixed a few non-PASR things in my analysis from previous readings. Probably need to get those out of my mind next time.

Just ignore me if these analysis are so bad that your eyes hurt. Gotta continue reading old threads.
Attached File(s)
File Type: docx 20180402PASR_PATH.docx   4.2 MB | 677 downloads
  • #3,393
  • Apr 2, 2018 10:18am Apr 2, 2018 10:18am
PASR

Quoting huatzhi
28 pairs of analysis, no wanted trade today. Feel like I mixed a few non-PASR things in my analysis from previous readings. Probably need to get those out of my mind next time. Just ignore me if these analysis are so bad that your eyes hurt. Gotta continue reading old threads. {file}
Good job but don't get frustrated. Most pairs are stagnant at resistance or support while others are just going sideways with no meaningful direction. The Big Boys are still out of town as can be seen on horrible M5 charts as previously posted.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,394
  • Apr 2, 2018 12:50pm Apr 2, 2018 12:50pm
Quoting strat
PASR {quote} Good job but don't get frustrated. Most pairs are stagnant at resistance or support while others are just going sideways with no meaningful direction. The Big Boys are still out of town as can be seen on horrible M5 charts as previously posted.
Not JPY pairs apparently... Unfortunately, I wasn't focused
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY-5-minutes.png Size: 22 KB
  • #3,395
  • Apr 2, 2018 1:35pm Apr 2, 2018 1:35pm
ES BB Analysis
Due to the effect of selling in ES, i wanted to have a quick look at where things stand at big picture
It hasn't made a LL yet so technically in uptrend
Minor supports at 2480( Doji and bullish engulfing) and 2370(doji, insidebar ans bullish engulfing) area
Major support at 2100-2150(nice consolidation above previous resistance and bullish engulfing S/R area) area
Notice the strat shadow went negative only 2 times in the last 34 years
both the times it is a bear market in US

Trade Plan
buying small at 248 and 238 in SPY, if we hit 210 buying heavy for the next leg up in equities markets

Attached Image (click to enlarge)
Click to Enlarge Name: Es_BB.png Size: 95 KB
  • #3,396
  • Apr 2, 2018 5:43pm Apr 2, 2018 5:43pm
JPY

Quoting darko2010
{quote} Not JPY pairs apparently... Unfortunately, I wasn't focused {image}
Yes, New York Big Boys (who had Good Friday off) buying JPY as safe haven for stock market sell off. London Big Boys have Easter Monday off.

I didn't even check my charts - pity as I could have made some serious pips on GBJPY and EURJPY - no problem though there is always another day.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,397
  • Apr 2, 2018 5:46pm Apr 2, 2018 5:46pm
Quoting strat
JPY {quote} Yes, New York Big Boys (who had Good Friday off) buying JPY as safe haven for stock market sell off. London Big Boys have Easter Monday off. I didn't even check my charts - pity as I could have made some serious pips on GBJPY and EURJPY - no problem though there is always another day.
Jpy to hedge equities? What's the rationale there?
  • #3,398
  • Apr 2, 2018 5:46pm Apr 2, 2018 5:46pm
XLU - Utilities ETF

Quoting tintin1
XLU - Utilities ETF BB : HH, HL lows so far so uptrend is intact. this could be start of the next impulsive wave after the corrective wave in the uptrend . Feb bar looks like an hammer at support and Mar bar is inside bar and strat shadow is acting as support B: consolidation near support, HL in the immediate trend and near the start shadow resistance and the last bar looks like BUEB W: HH, HL in the immediate trend and price just closed above the the start shadow Trade Plan is Buy on Monday market open , preferably around the 50.25 1st target 51.25,...
A higher probability and lower risk entry would be to wait for a CLOSE above the Boss Strat Shadow
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,399
  • Apr 2, 2018 5:51pm Apr 2, 2018 5:51pm
Quoting darko2010
{quote} Jpy to hedge equities? What's the rationale there?
A common ploy - surprised you have never heard of it. JPY is regarded as a safe haven, much like gold when stocks start tumbling.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,400
  • Apr 2, 2018 5:53pm Apr 2, 2018 5:53pm
Quoting strat
{quote} A common ploy - surprised you have never heard of it. JPY is regarded as a safe haven, much like gold when stocks start tumbling.
Used to be chf when I was young.
I generally see negative correlation between equity indices and currency, but I will now pay more attention to jpy as well. Thanks!
5 traders viewing now