{quote} When I grow up, I want to take add-ons like you
Inserted Video
Private Msgs are turned off to weirdos, loafs and brain drainers
Strat's PASR Long Term, Stress Free Trading
- #4,683
- May 9, 2018 7:49am May 9, 2018 7:49am
- Joined Feb 2009 | Status: Illegitimi non carborundum | 3,526 Posts
It is morning for me... So far the 5m PASR is looking mighty skimpy. All you guys on the other side of the world took all the fun.
I have incorporated 4h trades into my repertoire. Get in on moves that are underway.
I have incorporated 4h trades into my repertoire. Get in on moves that are underway.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
- #4,685
- May 9, 2018 8:56am May 9, 2018 8:56am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURAUD
The ""wick"" on this candle is the rejection of PRICE at Strat Shadow resistance and, so far today, there is the same rejection in the same place.
Learn to UNDERSTAND what the buyers and sellers are doing in each candle so that you can SEE BEYOND THE CANDLES
{quote} Hi Strat, can you explain a bit more about "PRICE being rejected from the Strat Shadow" in this chart? I only see the price get contained by 20 & 63ema so far in Svolacius chart, so I do not understand that.
Learn to UNDERSTAND what the buyers and sellers are doing in each candle so that you can SEE BEYOND THE CANDLES
15 YEARS OF PASR ON FOREX FACTORY!
- #4,686
- May 9, 2018 9:03am May 9, 2018 9:03am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #4,687
- May 9, 2018 9:09am May 9, 2018 9:09am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #4,688
- Edited 6:09pm May 9, 2018 9:27am | Edited 6:09pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURUSD M5 PASR Trend Trading
Your Short trade:
The Strat Shadow is going flat and PRICE has already reached the Worker support so the probability of PRICE going lower is less
Your entry is too late anyway for a short trade. It should have been at the Shooting Star at the Strat Shadow shown by the blue arrow. We always want to enter our M5 trades as near to the Strat Shadow as PRICE allows. This usually gives us the best R:R. Your entry gives you too many pips for your Stop Loss. My M5 PASR Trend Trading strategy is based around having a very small Stop Loss and BIG Take Profit. If your Stop Loss is a lot of pips then WAIT for a better entry or MISS the trade. We do not trade for trading's sake.
{quote} I'm sorry, I'm not looking for compassion or scare people in the living room. We move on to something else more joyous lol (By cons I prefer a pregnant womanthat cancer lol because I find it very beautiful and alive! This expresses life, happiness etc.) In short, whatever the event, let's be combative to the end. Otherwise today I have shortened surely short too early Eur Usd (I'm bad ??I think I have work with sawtooth !!!). I buy then and I finish profit on the pair. Good profit in addition to usd cad. Have a good day, and go ahead!...
The Strat Shadow is going flat and PRICE has already reached the Worker support so the probability of PRICE going lower is less
Your entry is too late anyway for a short trade. It should have been at the Shooting Star at the Strat Shadow shown by the blue arrow. We always want to enter our M5 trades as near to the Strat Shadow as PRICE allows. This usually gives us the best R:R. Your entry gives you too many pips for your Stop Loss. My M5 PASR Trend Trading strategy is based around having a very small Stop Loss and BIG Take Profit. If your Stop Loss is a lot of pips then WAIT for a better entry or MISS the trade. We do not trade for trading's sake.
15 YEARS OF PASR ON FOREX FACTORY!
- #4,689
- May 9, 2018 9:36am May 9, 2018 9:36am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
GBPJPY M5 PASR Trend Trading 140+ pips
140+ pips is enough for 5 hours watching the one eyed monster..........................
But it is no match for 3856 pips on the Worker with a couple of minutes analysis at the end of each day and week!
GBPJPY M5 {image} Had enough for today
But it is no match for 3856 pips on the Worker with a couple of minutes analysis at the end of each day and week!
15 YEARS OF PASR ON FOREX FACTORY!
- #4,692
- May 9, 2018 11:56am May 9, 2018 11:56am
- Joined Feb 2009 | Status: Illegitimi non carborundum | 3,526 Posts
One of the guys I like to read. He wrote a great book called The Crowd. Interesting read in light of trading.
As for the above quote. I think of the illusions indicators give, or get rich quick schemes, numerous more if we dont lock our brain into the task at hand.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
EURUSD M5 PASR Trend Trading {quote} Your Short trade: The Strat Shadow is going flat and PRICE has already reached the Worker support so the probability of PRICE going lower is less Your entry is too late anyway for a short trade. It should have been at the Shooting Star at the Strat Shadow shown by the blue arrow. We always want to enter our M5 trades as near to the Strat Shadow as PRICE allows. This usually gives us the best R:R. Your entry gives you too many pips for your Stop Loss. My M5 PASR Trend Trading strategy is based around having a...
I thought I saw sawtooth :/
and PRICE has already reached the Worker support ? "The support worker was broken for me (1,184).
Can you join me an image? thank you for imaging your words
My first entry was the shooting star but bad entry for me and I'm happy to have closed to enjoy the rise ...
Thank and good night all
- #4,696
- Edited 6:12pm May 9, 2018 5:55pm | Edited 6:12pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURUSD M5 PASR Trend Trading
The Strat Shadow was flat with no trend momentum left as PRICE approached the previous Worker low. As often happens with the Big Boys, their final move down through the previous Worker support is just exhaustion to pick up the long orders waiting below the Worker low so that they, the Big Boys, can take them out - this called a STOP RUN. This is for experienced PASR traders rather than for new traders trying to learn PASR.
On top of all that and again, your entry was too far below the Strat Shadow. Had it been below the Shooting Star you may have escaped at break-even or with a few pips.
You should also read my previous M5 posts about trading in the first hour of London Open.
Bonne nuit!
{quote} The Strat Shadow is going flat?" Where ? {image} I thought I saw sawtooth :/ and PRICE has already reached the Worker support ? "The support worker was broken for me (1,184). Can you join me an image? thank you for imaging your words My first entry was the shooting star but bad entry for me and I'm happy to have closed to enjoy the rise ... {image} Thank and good night all
On top of all that and again, your entry was too far below the Strat Shadow. Had it been below the Shooting Star you may have escaped at break-even or with a few pips.
You should also read my previous M5 posts about trading in the first hour of London Open.
Bonne nuit!
15 YEARS OF PASR ON FOREX FACTORY!
- #4,697
- May 9, 2018 6:07pm May 9, 2018 6:07pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #4,698
- Edited 6:53pm May 9, 2018 6:43pm | Edited 6:53pm
{quote} Gets boring after a while, doesn't it? {image}
KIWI-EXPRESS DERAILED!
The big story from Kiwiland this week:
https://www.stuff.co.nz/auckland/103...ain-derailment
OF course, Kiwi-US plunged off the cliff too!
I can't think why! : 10:00am NZD Official Cash Rate 1.75%1.75%1.75%
(Hope you all took that break of.....you guessed it!... 0.7198!)
Me...., well... we are upside down in this part of the world.....
{quote} Hello Svolacius I like your analysis (especially because it Starts with the BIG BOSS!!). ...... I have taken profit on approx one third of my longs already. My PLAN is the usual for this pair: trade it "Hokey Tokey" style (in/out ... in/out... in/out...)for as long as it wants to let me back in. If I can't get back in (around 1.05 to 1.0550) then I have higher targets for the remaining two thirds of total position I currently retain.
First, the "Train-wreck" response:
Fasten your seat belts folks - things may get bumpy from here!
- #4,700
- May 9, 2018 10:04pm May 9, 2018 10:04pm
Hi all,
As per recommendation, I have removed all SR lines and changed my template resembling the one Strat is using right now.
A BUEB has presented itself with GBPCHF. From a technical point of view, what do you think about going long now?
BB: UPswing
B: UPswing, around the 200ema area
Worker: Strat Shadow seems to be trending well. Price retested the lows and closed as BUEB yesterday, rejecting 200ema of the Boss chart (seen as 1000ema here).
My concerns are:
1) We will be trading into an immediate area of resistance, something we avoid in basic PSAR. (Is this allowed in trend PSAR?)
2) Price is around 200ema on Boss chart
Any feedback?
As per recommendation, I have removed all SR lines and changed my template resembling the one Strat is using right now.
A BUEB has presented itself with GBPCHF. From a technical point of view, what do you think about going long now?
BB: UPswing
B: UPswing, around the 200ema area
Worker: Strat Shadow seems to be trending well. Price retested the lows and closed as BUEB yesterday, rejecting 200ema of the Boss chart (seen as 1000ema here).
My concerns are:
1) We will be trading into an immediate area of resistance, something we avoid in basic PSAR. (Is this allowed in trend PSAR?)
2) Price is around 200ema on Boss chart
Any feedback?