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Strat's PASR Long Term, Stress Free Trading

  • #3,661
  • Apr 9, 2018 10:13am Apr 9, 2018 10:13am
Quoting ensale
{quote} 100 pips. Trade of the day. Well done. You take good trades. I don't like you anymore darko. I love you.. your effort, perseverance and fight. More should be like you... Don't misunderstand love!
Thanks Ensale, but I feel more lucky than good for now. If I am still around in a few years, maybe I'll start calling myself decent
  • #3,662
  • Edited 10:54am Apr 9, 2018 10:17am | Edited 10:54am
GBPCAD M5

Quoting Rub
After doing some study on the 5 minute charts, I'm having another go risking not more than $10. Entry on the marked candle, looking to get in on the continuation of friday's worker bar. Entry is on the 5 minute chart, but I am targeting the top of the WCC. I will move to break even with a close higher than 2:1 R:R. {image}
Entry on the marked candle, looking to get in on the continuation of friday's worker bar.

Come on Rub, get with the strategy! How many times do I have to post that MY M5 PASR Trend Trading strategy has NOTHING to do with any other time frame. M5 is a beast to itself and no other! You were lucky this time as you got in on the overnight orders placed by retail traders like you but there will come many times doing this when the BIG BOYS will ream your ass out!

I am targeting the top of the WCC.

No you're not! You are not doing anything! If you REALLY were targeting the top of the Weekly Control Candle at 1.8292, you would have set your Take Profit at 1.8290 and you would already be OUT for a nice profit.

I will move to break even with a close higher than 2:1 R:R

How long do you think an M5 trend lasts especially when PRICE is hovering near resistance? Again, MY M5 PASR Trend Trading strategy is totally different from my other PASR strategies.

After doing some study on the 5 minute charts

You either have not done enough or, more likely, you have not UNDERSTOOD.

Also, your chart candles look like they do not CLOSE at 5pm New York.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,663
  • Apr 9, 2018 10:21am Apr 9, 2018 10:21am
GBPCAD M5 PASR Trend Trading Strategy

Quoting Rub
{quote} You will find it in the attachments of this thread of the one linked on the first page. Darko2010, I've moved my stop to breakeven +2 now, so I'm not too worried. Should only get taken out for that at worst, but you're clearly going with a different plan.
but you're clearly going with a different plan.

Yes, unlike YOU, darko is following my M5 PASR Trend Trading Strategy!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,664
  • Apr 9, 2018 10:26am Apr 9, 2018 10:26am
AUDNZD & GBPUSD

Quoting catalin_eros
AN M5, BE trade. I waited for hours for it to move, but it was too stubborn. {image} GU, M5, add-on trading. {image}
AUDNZD on M5?

AUDNZD on M5?

You are a sucker for punishment! AUDNZD is 21st out of 28 on my VOLATILITY LIST! This pair moves slower than Fabregas!

AUDNZD is a pair for long term investing and trading like Wild Thing does.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,665
  • Apr 9, 2018 10:36am Apr 9, 2018 10:36am
GBPCAD M5 PASR Trend Trading 100+ pips

Quoting darko2010
{quote} Thanks Ensale, but I feel more lucky than good for now. If I am still around in a few years, maybe I'll start calling myself decent
darko, that's not luck, that's KNOWING what you are doing. Don't be negative and do not underestimate yourself - YOU ARE DOING GOOD!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,666
  • Apr 9, 2018 10:47am Apr 9, 2018 10:47am
Quoting strat
GBPCAD M5 PASR Trend Trading 100+ pips {quote} darko, that's not luck, that's KNOWING what you are doing. Don't be negative and do not underestimate yourself - YOU ARE DOING GOOD!
Thanks Strat, I really appreciate your encouragements, but I mean it, I see my weaknesses every day and I keep fighting them.
I would have never seen the GBPCAD trade unless YOU made me focus on it since this weekend, and I am still a toddler on M5 although,finally, I am starting to SEE what Yomi has been achieving all this time
  • #3,667
  • Apr 9, 2018 11:03am Apr 9, 2018 11:03am
PASR

Quoting darko2010
{quote} Thanks Strat, I really appreciate your encouragements, but I mean it, I see my weaknesses every day and I keep fighting them. I would have never seen the GBPCAD trade unless YOU made me focus on it since this weekend, and I am still a toddler on M5 although,finally, I am starting to SEE what Yomi has been achieving all this time
I see my weaknesses every day and I keep fighting them.

That's exactly what trading does, darko - it identifies your weaknesses and vulnerability - trading psychology. We ALL have our weaknesses when trading which we all have to overcome to be consistently profitable. There is not a trader out there who does not face his demons and Little People when executing and managing his/her trades. These are what keep us sharp and focused.

Your STRENGTH now is that you finally RECOGNISE your weaknesses and KNOW how to deal with them.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,668
  • Apr 9, 2018 11:09am Apr 9, 2018 11:09am
Quoting mario777
{quote} Strat, i like your template. Kindly please share. Thanks!
Had you taken the trouble to read Post #1, you would have read this:

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 5 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,669
  • Apr 9, 2018 11:11am Apr 9, 2018 11:11am
Quoting strat
PASR {quote} Your STRENGTH now is that you finally RECOGNISE your weaknesses and KNOW how to deal with them.
Recognize my weaknesses,yes, know how to deal with them, not always.
But I am very, very lucky I crossed your path, you gave me something I never had before, someone to look up to
  • #3,670
  • Edited 11:51am Apr 9, 2018 11:15am | Edited 11:51am
M5

Quoting Rub
Honestly I can see the benefits, but although I'm reading while keeping an eye on it, I'd much rather be free to do something else away from the screen. EDIT: Well, that's over. Taken out for break even + 2. Seems to have stalled and reversed at the first 4hr resistance.
Taken out for break even + 2

2 pips!

2 piddlin' pips!

This is what most other M5 traders are proud to get on other threads and Forums and does NOT belong on here!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,671
  • Apr 9, 2018 11:15am Apr 9, 2018 11:15am
USDCAD M5 PASR Trend Trading:


Bonus and EOD (end of day) trade:



1. -15pips.

2. +61.2pips.


Happy Trading,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 30 KB
Time always comes before price
  • #3,672
  • Apr 9, 2018 11:25am Apr 9, 2018 11:25am
Quoting strat
GBPCAD M5 PASR Trend Trading 100+ pips {quote} darko, that's not luck, that's KNOWING what you are doing. Don't be negative and do not underestimate yourself - YOU ARE DOING GOOD!
traders when they do shit learning something..

oh i am so shit, cant figure this out.. i suck.. (little people)

when they do well

"its luck, dont get carried away, this winning will revert back to losing" (little people)

not directed at darko..

You just gotta continue moving forward, and follow your strategy.
It's in fear when people show what they truly value.
  • #3,673
  • Apr 9, 2018 11:34am Apr 9, 2018 11:34am
Quoting ensale
{quote} traders when they do shit learning something.. oh i am so shit, cant figure this out.. i suck.. (little people) when they do well "its luck, dont get carried away, this winning will revert back to losing" (little people) not directed at darko.. You just gotta continue moving forward, and follow your strategy.
None taken Ensale, I know exactly what you mean.
Actually, even the worst trader could be profitable IF ONLY he knew when there is a TREND to trade.
The hardest part is not candle recognition or even S/R, it is to simply sit on your hands when there is no trend and, when there is one, take it.

Now, the question is: how to recognize when there is trend, and for that, there is no shortcut, no indicator, just sweat, blood and tears
  • #3,674
  • Apr 9, 2018 11:47am Apr 9, 2018 11:47am
Quoting fxrabbi
USDCAD M5 PASR Trend Trading: Bonus and EOD (end of day) trade: 1. -15pips. 2. +61.2pips. Happy Trading, Yomi. {image}
Bravo Yomi, well done
  • #3,675
  • Apr 9, 2018 11:54am Apr 9, 2018 11:54am
USDCAD 45 pips M5 PASR Trend Trading

Quoting fxrabbi
USDCAD M5 PASR Trend Trading: Bonus and EOD (end of day) trade: 1. -15pips. 2. +61.2pips. Happy Trading, Yomi. {image}
Nice, Yomi. I only managed to squeeze 26 pips in my time zone.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,676
  • Apr 9, 2018 12:01pm Apr 9, 2018 12:01pm
Quoting darko2010
{quote} None taken Ensale, I know exactly what you mean. Actually, even the worst trader could be profitable IF ONLY he knew when there is a TREND to trade. The hardest part is not candle recognition or even S/R, it is to simply sit on your hands when there is no trend and, when there is one, take it. Now, the question is: how to recognize when there is trend, and for that, there is no shortcut, no indicator, just sweat, blood and tears
agree on that. think it was jess livermore that said, " I didn't make my money in taking the trades, i made it in the waiting."
It's in fear when people show what they truly value.
  • #3,677
  • Apr 9, 2018 12:12pm Apr 9, 2018 12:12pm
Quoting fxrabbi
USDCAD M5 PASR Trend Trading: Bonus and EOD (end of day) trade: 1. -15pips. 2. +61.2pips. Happy Trading, Yomi. {image}
Yomi, where did your support come from? Worker?
  • #3,678
  • Apr 9, 2018 12:37pm Apr 9, 2018 12:37pm
Quoting darko2010
{quote} Yomi, where did your support come from? Worker?
Did you see any support line on that chart???No, that line on that particular chart is PRICE line.
Time always comes before price
  • #3,679
  • Apr 9, 2018 12:40pm Apr 9, 2018 12:40pm
Quoting fxrabbi
{quote} Did you see any support line on that chart???No, that line on that particular chart is PRICE line.
Ok, I thought the price line was a support and I couldn't find one on H1/H4, hence my question
Thanks
  • #3,680
  • Apr 9, 2018 12:42pm Apr 9, 2018 12:42pm
If only I could see meaning in this the way Strat does, I would know what to do next. Until then, I'll sit this one out
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD-Journalier.png Size: 31 KB
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