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Strat's PASR Long Term, Stress Free Trading

  • #3,961
  • Edited 4:57am Apr 17, 2018 4:41am | Edited 4:57am
BASIC PASR TRADE -- FROME RESISTANCE TO SUPPORT

NZDUSD

Big boss
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The price was trapped in Jan 2018.

Boss
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Bull Candle last week. If short, be careful and caution.

Worker
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PA - BEOB

PLAN:

  1. entry below BEOB
  2. SL @ Swing high. If I am wrong, I will be got out by my SL.
  3. TP @ bottom of Strat Shadow
  4. R:R = 2:1

The reason to take this trade is: there is NO TREND. It is wild sildways between 0.6850 to 0.7400 on the Boss chart. So, we can have a BASIC PASR TRADE.
I know the risk is from the Boss don't give me the short single. So, I should reduce the Risk and keep caution.

thanks

best regards

Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #3,962
  • Apr 17, 2018 9:25am Apr 17, 2018 9:25am
EURCAD M5 PASR Trend Trading:


Back at the MOVING HARD RIGHT EDGE live.......




Happy Trading,
Yomi.
Attached Image (click to enlarge)
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Time always comes before price
  • #3,963
  • Apr 17, 2018 9:54am Apr 17, 2018 9:54am
Quoting tintin1
{quote} Still waiting on the close above 1368 on GC futures to initiate a long trade. it is banging against the resistance continuously and getting rejected
Please post charts
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,964
  • Apr 17, 2018 9:58am Apr 17, 2018 9:58am
USDJPY

Quoting huatzhi
I haven't yet recognize any day trade (Except looking at others' trade) lately, feel like I start see-ing trade that does not exist. EURGBP BB {image} - Big trend upward, immediate trend is down - hitting 20ema support and going slightly below it B {image} - Going/Breaking downward after moving sideway - Breaking 20 ema support and another daily support that tested multiple times on past few weeks - Going down W {image} - a BEOB right below a resistance (Note that the middle bar show that it is from April 15 which is Sunday, I think that is a bug...
In addition to Luis' comment, PRICE is trapped inside a Weekly Control Candle
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,965
  • Apr 17, 2018 10:01am Apr 17, 2018 10:01am
EURGBP

Quoting huatzhi
I haven't yet recognize any day trade (Except looking at others' trade) lately, feel like I start see-ing trade that does not exist. EURGBP BB {image} - Big trend upward, immediate trend is down - hitting 20ema support and going slightly below it B {image} - Going/Breaking downward after moving sideway - Breaking 20 ema support and another daily support that tested multiple times on past few weeks - Going down W {image} - a BEOB right below a resistance (Note that the middle bar show that it is from April 15 which is Sunday, I think that is a bug...
PRICE is at support across all 3 time frames so WAIT for a CLOSE below Boss support
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,966
  • Apr 17, 2018 10:04am Apr 17, 2018 10:04am
EURGBP

Quoting Bestof27
{quote} Hi, For me Big Boss is going sideways, until it closes below support. May be safer to wait for a close below 0.866 support on Monthly basis
That would miss out on too many pips. WAIT for PRICE to CLOSE below Boss support
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,967
  • Apr 17, 2018 10:06am Apr 17, 2018 10:06am
Quoting fxrabbi
EURCAD M5 PASR Trend Trading: Back at the MOVING HARD RIGHT EDGE live....... Happy Trading, Yomi. {image}
its just my observation, start and others correct me if im wrong.
The best 5M PASR trend trade occurs at the break and pullback to S/R , where 20 ema is around S/R for more confluence

Thanks
  • #3,968
  • Apr 17, 2018 10:07am Apr 17, 2018 10:07am
Quoting strat
{quote} Please post charts
will do Strat. Thanks was busy with work last 2 weeks. will capture screenshot and post later in the day
  • #3,969
  • Apr 17, 2018 10:08am Apr 17, 2018 10:08am
NZDUSD

Quoting Cj.cn
BASIC PASR TRADE -- FROME RESISTANCE TO SUPPORT NZDUSD Big boss {image} The price was trapped in Jan 2018. Boss {image} Bull Candle last week. If short, be careful and caution. Worker {image} PA - BEOB PLAN: entry below BEOB SL @ Swing high. If I am wrong, I will be got out by my SL. TP @ bottom of Strat Shadow R:R = 2:1 The reason to take this trade is: there is NO TREND. It is wild sildways between 0.6850 to 0.7400 on the Boss chart. So, we can have a BASIC PASR TRADE. I know the risk is from the Boss don't give me the short single. So, I should...
PRICE is trapped inside the Weekly Control Candle for 5 weeks. Your other ""traps"" mean nothing.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,970
  • Apr 17, 2018 10:10am Apr 17, 2018 10:10am
EURCAD M5 PASR Trend Trading 80 pips

Quoting fxrabbi
EURCAD M5 PASR Trend Trading: Back at the MOVING HARD RIGHT EDGE live....... Happy Trading, Yomi. {image}
Good to see you back Yomi (at the moving hard right edge)

Nothing for M5 PST so far
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,971
  • Apr 17, 2018 10:13am Apr 17, 2018 10:13am
M5 PASR Trend Trading

Quoting tintin1
{quote} its just my observation, start and others correct me if im wrong. The best 5M PASR trend trade occurs at the break and pullback to S/R , where 20 ema is around S/R for more confluence Thanks
The best 5M PASR trend trade

It all depends what your definition of "best" is AND what your trading style is. I have posted my M5 strategy and style many times in this thread.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,972
  • Apr 17, 2018 10:18am Apr 17, 2018 10:18am
PASR

Quoting Svolacius
{quote} If you only use moving averages to see the trend, it will be very hard to identify trend changes. And what makes you think I am not on the right PATH?
We use PASR in conjunction with the Strat Shadow to identify and monitor trends

You ARE on The Path and there is only ONE Path - The PASR Path.
15 YEARS OF PASR ON FOREX FACTORY!
  • #3,973
  • Edited 10:52am Apr 17, 2018 10:28am | Edited 10:52am
Quoting strat
EURCAD M5 PASR Trend Trading 80 pips {quote} Good to see you back Yomi (at the moving hard right edge) Nothing for M5 PST so far
Yes Boss.

The trend/pairs has not really be trending these days, like the "SAW TOOTH BLADE STRUCTURE"

Thanks.
Happy Trading,
Yomi.
Time always comes before price
  • #3,974
  • Apr 17, 2018 10:33am Apr 17, 2018 10:33am
Quoting fxrabbi
{quote} Yes Boss. The trend has not really be trending these days, like the "SAW TOOTH BLADE STRUCTURE" Thanks. Happy Trading, Yomi.
FX volatility is Down. That's why. indices, gold and oil Better plays.

It will be Back soon.
It's in fear when people show what they truly value.
  • #3,975
  • Apr 17, 2018 10:37am Apr 17, 2018 10:37am
Quoting ensale
{quote} FX volatility is Down. That's why. indices, gold and oil Better plays. It will be Back soon.
Thanks for the feedback.
Time always comes before price
  • #3,976
  • Apr 17, 2018 10:40am Apr 17, 2018 10:40am
Quoting fxrabbi
{quote} Thanks for the feedback.
If I can find the image of the graph, I will post here. it's always good to present the primary research at hand..
It's in fear when people show what they truly value.
  • #3,977
  • Apr 17, 2018 10:49am Apr 17, 2018 10:49am
Quoting ensale
{quote} FX volatility is Down. That's why. indices, gold and oil Better plays. It will be Back soon.
Quick question : what instrument do you use for trading oil? Futures? If so, one in particular?
Thanks
  • #3,978
  • Apr 17, 2018 11:07am Apr 17, 2018 11:07am
Quoting darko2010
{quote} Quick question : what instrument do you use for trading oil? Futures? If so, one in particular? Thanks
yes futures, in particular CRUDE oil, also known as WTI/US OIL on broker platforms.

Started with GCAD, GNZD, GYEN, GAUD. Just 4. before this 20 pairs No focus, no success, no proper practice. overwhelmed.
Then added ECAD, ENZD , EYEN AND EAUD
Followed by GOLD/Crude oil and dax/dow
Major's: Still watch for dollar strength+ reading individual Currencies S/W vs the Dollar.
Correlations: often correlation can give you heads up of a setup coming and give extra probability/confidence in a setup.

What's in common with all these pairs/instrument's? They move, Dynamic. Like strat likes them.

One thing to note. if your new to a market, take notes at the start, follow it, then as you understand it more Trade it.

Keep it simple. as you brain adapts give it more. It can handle it as you develop!

It's in fear when people show what they truly value.
  • #3,979
  • Apr 17, 2018 11:12am Apr 17, 2018 11:12am
One pair that I will add to my watchlist until the end of April: AUD/NZD.

BB: Price reached support level and price immediately was rejected there after a strong downtrend. Some interesting PA has happened in that zone before, so I am looking for the history to repeat itself. Trendline just illustrates how clear the path of this pair is.

B: Strong push downwards ended up as a doji candle last week. A WCC was established, last weeks candle could not close below or above potential WCC, so it became one. I will monitor this pair's close at the end of this week to see if the price is building up any momentum.

W: BUEB at the BB support level is just beautifully executed pattern. Looking forwards to see how price reacts in the SS.
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  • #3,980
  • Apr 17, 2018 11:27am Apr 17, 2018 11:27am
Quoting ensale
{quote} yes futures, in particular CRUDE oil, also known as WTI/US OIL on broker platforms. Started with GCAD, GNZD, GYEN, GAUD. Just 4. before this 20 pairs No focus, no success, no proper practice. overwhelmed. Then added ECAD, ENZD , EYEN AND EAUD Followed by GOLD/Crude oil and dax/dow Major's: Still watch for dollar strength+ reading individual Currencies S/W vs the Dollar. Correlations: often correlation can give you heads up of a setup coming and give extra probability/confidence in a setup. What's in common with all these pairs/instrument's?...
Thanks Ensale,
I am mainly looking at 8-10 pairs with high ATR with no intention to do anything else in the near future, but I want to see how other major instruments react to current geopolitical events right now, hence my question to ensure I look at the right ones.
Take care
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