Strat's PASR Long Term, Stress Free Trading

Quoting darko2010

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{quote} Already entered based on H1 BEEB

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Quoting darko2010

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{quote} It's still on, but I realize I am not helping others by putting trades that don't properly apply Strat's strategy on Trend PASR. I'll post it if it helps teach something to others, otherwise I see no merit

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Quoting Rufus

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{quote} You aware of news release in a few minutes?

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Quoting Rufus

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{quote} I was still snuggled in my blankets when that happened. I am sticking with 5m only entries for now, limited to the couple hours I have in the morning. So I need to have... 1. An established trend with London. 2. Saw tooth pattern. 3. Pull back into Strat Shadow 4. Room to next area of S/R for good R: 5. Strong entry candle And probably the most important. 6. Awake enough to see it.

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Quoting Bestof27

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{quote} All that makes sense... But what is not obvious for me is point 1), what is an established trend ? For me now it is like too early or too late... Many things to learn & understand !

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Quoting Rub

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{quote} Thanks for the tips strat, I think it's a good step that I've only taken a couple of trades in the last month. The 5 minute trade I posted, Aud/usd (still open, stop at BE) short and USD/cad long (stopped out). The drawdown on the account is something I'm aware of but not to worried about as it doesn't tell the whole story. I'm risking $25 a trade, OR up to $50 if I can't meet the minimum position size, not a % of the $500. This account is money I can afford to lose, but when I get to the point of trading a grown up trader account (instead...

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Quoting Bestof27

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EURCAD M5 PASR I took this trade {image} Trying now to analyse Entry point : - doji - support becoming resistance (previous swing low) - ema20 resistance SL : - previous LH TP : 2R First bar ok Then failed to break support new go to the support failed again to break support + BUEB This confirmed support + BUEB may have been a reason to exit near BE, do you agree ? Or was this setup stupid ?

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Quoting darko2010

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GBPJPY 5M LEMONADE DEAL Because when life gives you only lemons, or a super scary BRN which is also the top of the WCC... +28 pips anyway {image}

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Quoting darko2010

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{quote} I saw that same potential trade but didn't take it, I cannot explain why, it just felt wrong. Your entry was textbook I believe, no problem there, but you just experienced a Dr Joe situation. I would have exited on the BUEB 4 bars after your entry but that's because of my own risk aversion and where we already were in the overall down movement, I think the correct SL was above the high of the last swing at around 1.5660. Just the way I see things, Strat may be of greater help

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Quoting strat

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GBPJPY M5 PASR Trend Trading {quote} Good trade, darko! You guys are so fortunate being able to trade the London session.

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Quoting strat

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EURCAD M5 {quote} Or was this setup stupid ? No, YOU were stupid! It seems you can't read. I have lost count the number of times I have posted that MY M5 PASR Trend Trading strategy is based on the M5 PRICE being in an established trend. Maybe you did read it but you definitely did not UNDERSTAND it. I have shown your entry on my M5 chart. At best your R:R was 1:1 which should tell you STRAIGHTAWAY that it was not going to be a high probability trade. You entered 50 minutes AFTER London Open - was there an established trend? HELL NO! During the...

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Quoting strat

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EURCAD M5 {quote} I saw that same potential trade but didn't take it, I cannot explain why, it just felt wrong. Because you finally UNDERSTAND my M5 PASR Trend Trading strategy!

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