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Strat's PASR Long Term, Stress Free Trading

  • #3,741
  • Apr 10, 2018 9:46am Apr 10, 2018 9:46am
Quoting Rufus
Cad seems to be the strong currency now. {image}
You should keep an eye on AUD as well
  • #3,742
  • Apr 10, 2018 9:48am Apr 10, 2018 9:48am
Quoting LuisRicardo
Hi Strat, I use different value for the moving average of the strat shadow, it's ok to post images with my values?
Thank you for asking but no. The settings are really not that important. What is more important is the knowledge and understanding of how PRICE behaves in and around the Strat Shadow.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,743
  • Apr 10, 2018 9:56am Apr 10, 2018 9:56am
Quoting catalin_eros
{quote} Thanks for the explanation, Strat! I appreciate that you are patient with me, since I have already stated I am the worst M5 trader out there. About the AN trade, that is what I did, I entered on a retracement in London, under the low of the previous day, after the trend set by Asia, so I suppose it was not a bad trade. But what made it bad is that it was a bad pair to choose, therefore no more tortoise pairs for me on M5 trading. {image}
I am the worst M5 trader out there.

Maybe now, but darko had that privilege before you.................................look where he is NOW!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,744
  • Apr 10, 2018 9:58am Apr 10, 2018 9:58am
Quoting darko2010
{quote} And now? {image}
That was a trade to die for, in my book, because I could not help but notice that there were good PA signals on higher time frames: H1 had a master candle that had a bearish break and close, H4 had an inside bar that had a bearish break and close, D1 was a BEOB, and even the W1 had a PA signal, a BEOB or DBHLC (depending on the broker data). So many time frames begging you to sell. I know for M5 PASR trading higher time frames are used for S/R, not so much for PA signals, but I am still noticing them, since I they have been pat of my trading routine for a long time. Unfortunately, I was in other two trades and I did not manage to get a glimpse at the UC. But you spotted it nicely. Well done!
  • #3,745
  • Apr 10, 2018 9:58am Apr 10, 2018 9:58am
Quoting strat
{quote} I am the worst M5 trader out there. Maybe now, but darko had that privilege before you.................................look where he is NOW!
I concur, I am the best at being the worst
  • #3,746
  • Apr 10, 2018 10:00am Apr 10, 2018 10:00am
Quoting catalin_eros
{quote} Don't worry, Luis, you have not offended me, we're good. This happens when two non-English speakers have a conversation in English - things get misunderstood. Besides, I do not get offended so easily, Strat called me 'a sucker for punishment', and I did not even care. His words are a mild breeze compared to what the market does to me sometimes. You are absolutely right about knowing where the S/R areas are. In my defense, before taking a trade, many times I just look at the chart to see them, without actually placing the...
Besides, I do not get offended so easily, Strat called me 'a sucker for punishment', and I did not even care.

Note to self: Must use stronger words on the Romanian Playboy!
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,747
  • Apr 10, 2018 10:03am Apr 10, 2018 10:03am
Quoting Rufus
Price now sitting at an area of support. Waiting to see if it can bust through. Cad seems to be the strong currency now. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: (4) USDCADiM5 3.png Size: 55 KB


Out with just under 50 pips. Not often I can grab that amount in the morning before going to the job site. Usually the other side of the pond gets it.

For those who are interested. I like saving a number of screenshots of each trade. Entry, sometimes trouble areas, then exit. Helps when reviewing later so that I am seeing exactly what I saw when trade was placed. To keep the screenshots in order in the monthly file, I found that if you label them (1) USDCAD 1, (1) USDCAD 2. etc it will keep them together. Then the next position (2) USDJPY, next (3) EURJPY. Makes things organized numerically.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #3,748
  • Apr 10, 2018 10:04am Apr 10, 2018 10:04am
I got tired of watching GU and not getting the result I wanted. I closed the trades at BE. Actually, about 3 pips in red.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 91 KB

And then there is my other trade, NU. This one went much better.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 79 KB

This concludes my 8 hours in front of the PC in order to trade M5. I now understand why Strat calls it 'the one eyed MONSTER'. I also understand why he refers to D1 trading as 'stress free'.
  • #3,749
  • Apr 10, 2018 10:05am Apr 10, 2018 10:05am
Quoting strat
{quote} Besides, I do not get offended so easily, Strat called me 'a sucker for punishment', and I did not even care. Note to self: Must use stronger words on the Romanian Playboy!
Hahaha! You don't scare me a bit. Bring it on, coach!
  • #3,750
  • Apr 10, 2018 10:09am Apr 10, 2018 10:09am
CADJPY M5

Meh, not much to write home about
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY-5-minutes.png Size: 25 KB
  • #3,751
  • Apr 10, 2018 10:12am Apr 10, 2018 10:12am
Quoting Rufus
{quote} {image} Out with just under 50 pips. Not often I can grab that amount in the morning before going to the job site. Usually the other side of the pond gets it. For those who are interested. I like saving a number of screenshots of each trade. Entry, sometimes trouble areas, then exit. Helps when reviewing later so that I am seeing exactly what I saw when trade was placed. To keep the screenshots in order in the monthly file, I found that if you label them (1) USDCAD 1, (1) USDCAD 2. etc it will keep them together. Then the next position (2)...
Well done!
Enjoy eating our lunch for now, London is slow because of school holidays. We'll get all our pips back in the morning in a couple weeks
  • #3,752
  • Apr 10, 2018 10:13am Apr 10, 2018 10:13am
Quoting catalin_eros
And then there is my other trade, NU. This one went much better. {image}
NU asked for a rematch. Challenge accepted!
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 30 KB
  • #3,753
  • Apr 10, 2018 10:16am Apr 10, 2018 10:16am
Quoting catalin_eros
I got tired of watching GU and not getting the result I wanted. .
And what result were you hoping for?
  • #3,754
  • Apr 10, 2018 10:24am Apr 10, 2018 10:24am
USDJPY M5 LIVE
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-5-minutes.png Size: 25 KB
  • #3,755
  • Apr 10, 2018 10:27am Apr 10, 2018 10:27am
Quoting darko2010
{quote} And what result were you hoping for?
Breaking the highs and moving upwards, of course. I know you want to tell me that there was a resistance, but in uptrends, resistances get broken. With a small SL, you have a small risk and a good TP if that happens. I know this style is too aggressive for many.
  • #3,756
  • Apr 10, 2018 10:31am Apr 10, 2018 10:31am
Quoting catalin_eros
{quote} Breaking the highs and moving upwards, of course. I know you want to tell me that there was a resistance, but in uptrends, resistances get broken. With a small SL, you have a small risk and a good TP if that happens. I know this style is too aggressive for many.
I mean R:R wise, not being sarcastic
  • #3,757
  • Apr 10, 2018 10:42am Apr 10, 2018 10:42am
Quoting fxrabbi
USDCAD M5 PASR Trend Trading: LIVE at the MOVING HARD RIGHT EDGE place..............where the Strat Shadow is showing SAW TOOTH BLADE STRUCTURE like Trend. Happy Trading, Yomi. {image}
Like clockwork !
Are you sure you are not Swiss Yomi?
  • #3,758
  • Apr 10, 2018 10:48am Apr 10, 2018 10:48am
Quoting darko2010
{quote} Like clockwork ! Are you sure you are not Swiss Yomi?

lol......
Time always comes before price
  • #3,759
  • Apr 10, 2018 10:50am Apr 10, 2018 10:50am
GBPCAD Boss

Quoting strat
GBPCAD Boss {quote} Very disappointed that no-one commented on this. I am obviously wasting my time doing these things. {image} {image}
Thanks to those who took the trouble to comment on this.

The reason was to get everyone to widen their horizons and think in a BIGGER PASR box.

History often repeats itself. PRICE often repeats in history. Never ignore history.

Yesterday is the past, tomorrow is the future - today is the present - that is why it is called a gift.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,760
  • Apr 10, 2018 10:54am Apr 10, 2018 10:54am
Quoting Bestof27
{quote} Yes, you are right about Strat entries, but I m more on Yomi 's style (as I see it) at the moment, so I m looking for small pullbacks in strong trends. And to be honest I m more focused on long term trading, because I can't stay all day long in front of my screen to monitor M5 trades. "Bon, il est possible qu'après ça je me prenne un gros missile"
"Bon, il est possible qu'après ça je me prenne un gros missile"

Any more of this stuff and I will ram your "missile" up where the sun don't shine!
15 YEARS OF PASR ON FOREX FACTORY!
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