PASR
PASR One more time!
EURAUD example
Big Boss:
The Big Boys make their intentions very clear in April and May 2017 - see blue rectangle
Boss:
The Boss gives us PASR on week ending July 21, 2017 - see blue rectangle.
Worker:
The Worker gives us PASR on July 27, 28 and 31, 2017 - see blue rectangle
What is there NOT to UNDERSTAND? - there is nothing any SIMPLER than PASR
I find I still micro manage the trades, which may be hindering my progress
This is because you do NOT UNDERSTAND PASR and have NOT spent thousands of hours studying and practicing on thousands of charts.
Once entering the trade on the daily, I dont see why we need to look at the daily again
Then HOW are you going to MANAGE your trade(s)? Are you expecting them to go in a straight line to your Take Profit? Don't you want to ADD ON?
Also UNDERSTAND the latest trades from BeyondTheSea along with all the other many examples on BOTH threads.
Disliked{quote} Thanks Mucky! It makes sense. As I am reading and trying to understand. I find I still micro manage the trades, which may be hindering my progress. Waiting for closes and PASR to form on the weekly before looking at the daily is something I need to work on. This is where my confusion may now lie. Once entering the trade on the daily, I dont see why we need to look at the daily again unless there are Sr levels on the daily we need to watch, but then again that defeats the purpose of using the weekly and monthly levels. I will keep reading...Ignored
EURAUD example
Big Boss:
The Big Boys make their intentions very clear in April and May 2017 - see blue rectangle
Boss:
The Boss gives us PASR on week ending July 21, 2017 - see blue rectangle.
Worker:
The Worker gives us PASR on July 27, 28 and 31, 2017 - see blue rectangle
What is there NOT to UNDERSTAND? - there is nothing any SIMPLER than PASR
I find I still micro manage the trades, which may be hindering my progress
This is because you do NOT UNDERSTAND PASR and have NOT spent thousands of hours studying and practicing on thousands of charts.
Once entering the trade on the daily, I dont see why we need to look at the daily again
Then HOW are you going to MANAGE your trade(s)? Are you expecting them to go in a straight line to your Take Profit? Don't you want to ADD ON?
Also UNDERSTAND the latest trades from BeyondTheSea along with all the other many examples on BOTH threads.
15 YEARS OF PASR ON FOREX FACTORY!
10