Strat's PASR Long Term, Stress Free Trading

Quoting An_Lie88

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another trade i missed price hit low of WCC which confluence with 72 and 200 EMA and weekly support and close Bullish (First arrow) now price is breaking out of strat shadow ( second arrow) if candle close bullish out of strat shadow might be a long setup guys..? edit: it is so tempting to open long right now..just remember the first post about wait till candle close and strict to the rule.. {image}

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Quoting darko2010

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{quote} The first time you break that rule and that the candle closes in a shape that had nothing to do with your hopes and expectations, you will remember to respect that rule forever (hopefully)

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Quoting An_Lie88

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Another trade with stoploss in profit already open short after breaking that bull candle low with a bearish candle. Price inside a WCC..one pos TP to the nearest support..another TP to low of WCC. {image}

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Quoting MikuSS

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{quote} Hi An_Lie, Congrats on a profitable trade. However, a few questions: Did you enter on the close of that candle you indicated? So you traded into a support line that you drew? And correct me if I am wrong, I believe trading an engulfing candle into Strat Shadow is not part of PASR.

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Quoting darko2010

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{quote} The first time you break that rule and that the candle closes in a shape that had nothing to do with your hopes and expectations, you will remember to respect that rule forever (hopefully)

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Quoting MikuSS

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{quote} True Darko, I have been burned way too many times. Now I exercise patience, and tell my Little People to calm down. An_Lie, there will always be opportunities to trade, just wait for the best ones.

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Quoting samsonwebdes

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{quote} Welcome An_Lie. I'd love to give you feedback on that trade but I can't make out anything going on with your charts. Looks like a game crossword! All those crossed lines will be playing havoc with your trading brain and I can't read price action on them. Try and clean up your charts and include the strat shadow. Will change your life!

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Quoting An_Lie88

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{quote} hello mikuSS.. daily close around 4 AM my time..so when i woke up at 6 AM price is trading below the support already..so i open a short with Stoploss above the bull candle.. correct me if i am wrong too.. i believe i read in the thread that there are Basic PASR and Trend trading PASR..but need others to clarify it too...

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Quoting MikuSS

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{quote} A line is never broken until the candle closes pass it. You should not enter a trade based on a candle that is not closed. What was your R:R when you entered the trade? And yes, there are two types of PASR as you have described. For trend trading, the overall trend was UP and you were simply trading against the trend. As for basic PASR, you are trading directly into a support line, which Strat does not advocate.

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Quoting An_Lie88

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{quote} hello samsonwebdes..i am putting BB Boss and worker support res with WCC box only sir plus 20 72 and 200 EMA... no others indicator anymore..but will include the strat shadow...thanks for the advice sir

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Quoting samsonwebdes

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{quote} Hi An Lie, I was referring to the checkerboard you have as your background. No need for those lines at all. {image}

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Quoting An_Lie88

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{quote} ohh..will remove it now...)

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Quoting An_Lie88

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another trade i missed price hit low of WCC which confluence with 72 and 200 EMA and weekly support and close Bullish (First arrow) now price is breaking out of strat shadow ( second arrow) if candle close bullish out of strat shadow might be a long setup guys..? edit: it is so tempting to open long right now..just remember the first post about wait till candle close and strict to the rule.. {image}

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Quoting Rufus

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{quote} Put some brokers out of business. A lot of traders.

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Quoting Rufus

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{quote} One of the things Strat has taught and warned us about is trading CHF pairs. VERY manipulated and you don't want to get caught on the wrong side of the manipulation. Some here remember the spike from the last big one. {image} That was a 2000 pip move. Put some brokers out of business. A lot of traders. Stop loss wont protect you in a move like this. Stop loss becomes a market order and if there are no buyers price keeps dropping until it finds some taking your order with it.

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Quoting Rufus

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{quote} One of the things Strat has taught and warned us about is trading CHF pairs. VERY manipulated and you don't want to get caught on the wrong side of the manipulation. Some here remember the spike from the last big one. {image} That was a 2000 pip move. Put some brokers out of business. A lot of traders. Stop loss wont protect you in a move like this. Stop loss becomes a market order and if there are no buyers price keeps dropping until it finds some taking your order with it.

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