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Strat's PASR Long Term, Stress Free Trading

  • #6,301
  • Aug 14, 2018 3:20pm Aug 14, 2018 3:20pm
Quoting Svolacius
Markets are really providing some learning material for us all. Scanning through the pairs and PA can be seen on many charts. Just attaching one chart, marked candles look like twins to me, thought I would share them with you! Once again, Price Action. Have a great night you all, putting my orders in and going to sleep soon. {image}
Seems similar on EUR/AUD.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 31 KB
  • #6,302
  • Aug 14, 2018 11:55pm Aug 14, 2018 11:55pm
Quoting Rub
{quote} Seems similar on EUR/AUD. {image}
And look at the EUR/USD Bearish engulfing that formed!
  • #6,303
  • Aug 14, 2018 11:56pm Aug 14, 2018 11:56pm
Quoting timilehin
hi Suran , can i have your template
I don't know If Strat Agree with me for helping you with what you ask or not. Assuming its OK, here it goes.
And furthermore its not My template... It's Strat Shadow

Pls go to post 4828 & 4829 in this thread

Any other questions you might ask..pls search and read the thread ..

Many thanks

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #6,304
  • Aug 15, 2018 12:12am Aug 15, 2018 12:12am
Quoting Svolacius
{quote} And look at the EUR/USD Bearish engulfing that formed!
Yes, that's my pick over GBP/usd. More open space below. The pound has some wobble area about 1.2540.
  • #6,305
  • Aug 15, 2018 1:04am Aug 15, 2018 1:04am
Quoting Rub
{quote} Yes, that's my pick over GBP/usd. More open space below. The pound has some wobble area about 1.2540.
Hi,

Sorry I'm not very active here although I'm follow this thread almost from the start.
Please correct me if I'm wrong, GU is in the wobble area right now.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 30 KB
  • #6,306
  • Aug 15, 2018 1:41am Aug 15, 2018 1:41am
Quoting Szpons
{quote} Hi, Sorry I'm not very active here although I'm follow this thread almost from the start. Please correct me if I'm wrong, GU is in the wobble area right now. {image}

That's pretty much exactly what I was looking at. The area you've highlighted.
  • #6,307
  • Aug 15, 2018 3:19am Aug 15, 2018 3:19am
Quoting Szpons
{quote} Hi, Sorry I'm not very active here although I'm follow this thread almost from the start. Please correct me if I'm wrong, GU is in the wobble area right now. {image}
I see the same thing on my side

Attached Image (click to enlarge)
Click to Enlarge Name: forex.png Size: 63 KB
  • #6,308
  • Aug 15, 2018 3:47am Aug 15, 2018 3:47am
USDJPY

Will be back to its up trend?

Boss
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Weekly - 20180815.png Size: 41 KB

Worker
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Daily - 20180815.png Size: 57 KB


Regards

Cj
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #6,309
  • Aug 15, 2018 9:13am Aug 15, 2018 9:13am
EURUSD

Quoting brian661
Hi everyone, sorry for disappeared for a week as I was busy for my job and my broker disabled their service in Japan. So spent some time on search for a new broker. Working on my weekly analysis. EURUSD Monthly : After rejected by 200EMA twice, the trend are going down. Weekly : Close clearly under the WCC and support area. Daily : Close clearly under support I think this is a nice sell trade as there is a wide space to next support. But I am wondering should I enter directly once the market open on Monday. {image} {image} {image}
But I am wondering should I enter directly once the market open on Monday.

When all the PASR ""stars"" are aligned ALWAYS enter your trade - do not procrastinate as this will engage your Little People. Remember, trading is all about probability. When PASR indicates the probability of a successful trade is high, get your trade in!

Failure to do this will result in even more indecision the next time, and even more the next time and....................
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,310
  • Aug 15, 2018 9:20am Aug 15, 2018 9:20am
GBPCAD

Quoting brian661
{quote} On Boss and Big Boss of GBPCAD, both are still in a downtrend and no sign of reversal yet. I will choose to avoid long trade on this pair
Very good, Brian. Hammers do not mean anything UNTIL they are followed by buying by the Big Boys.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,311
  • Aug 15, 2018 9:24am Aug 15, 2018 9:24am
AUDNZD

Quoting BeyondTheSea
{quote} Be careful for your "planned trade days" because you will be "looking" for trades and not SEEING them. There is no good or bad day to trade London and don't listen to anyone who tells you there is. You need to be aware of ALL GBP domestic news announcements and trade accordingly. I think I made a post some time back about trading that session. Also don't waste your time trading these 5m chart sessions on demo, it's a waste of time and you will not develop your mindset skills. As for your AUDNZD trade, sorry I don't trade that pair anymore,...
I also don't know why you have a Boss chart and a 1 hour chart, looks like you took a punt at it?

That was my question also BTS. Just does not make any sense from a PASR analysis point of view. All I see is an attempt at "top" trading which, along with "bottom" trading, is how amateurs blow their accounts.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,312
  • Aug 15, 2018 9:41am Aug 15, 2018 9:41am
GBPJPY & EURJPY

Quoting fxlrich
Don't have the account size to comfortably trade the weekly chart yet, stops are to wide to keep my risk at 2%, but i will continue to trade them on demo so that when the time comes that i do have a larger account i can trade the weekly stress free and with confidence. 1 example of whats possible with boring old PASR, currently up about 600 pips (DEMO) and no sign of slowing down yet, might have a bit of a wobble at current support, but price action will tell us what to do. EURJPY another thats up 500+ pips. {image}
Don't have the account size to comfortably trade the weekly chart yet,

So why do it? You adjust your position size to accommodate your RISK meaning that you can have a large RISK which is small in $ terms.

If the Weekly chart is going to be your choice of time frame then you should drop down to the Daily chart for your entries which is another way to reduce the size of your RISK.

but i will continue to trade them on demo so that when the time comes that i do have a larger account i can trade the weekly stress free and with confidence.

You will have a very RUDE AWAKENING with a very blunt object when you switch to trading a REAL, LIVE account with your hard earned money which will be the opposite of "stress free".

Again, how many times do I have to post that trading on ""DEMO"" is feeding the lions? I have stated the reasons for NOT trading on "demo" many times so do yourself a BIG favour and find what these are. You need to switch from "demo" trading to PAPER TRADING.

From what you have posted it seems you have an understanding of PASR but STOP DREAMING of pips/profit and GET OFF "demo" and paper trading as soon as possible. Start trading with a LIVE account (but with the smallest position size your broker offers) with your REAL, HARD EARNED money to enter the REAL world of trading.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,313
  • Aug 15, 2018 9:56am Aug 15, 2018 9:56am
GBPAUD

Quoting HappyTrend
{quote} Hello Strat, here writting from the celphone. Your entries was in the worker and your "view" was on the boss because u was trading the boss swing... that ends in a hammer and better to close all ur position (i think it was 2 short positions..) i have a question, in those short positions... you already was in breakeven? Thinking in how you manage your trade, you entry in the worker but in that boss swing, your decision for manage the trade was with the boss (each week decisions). And as u said, the markets can change in a "hearbeat".
Your entries was in the worker and your "view" was on the boss because u was trading the boss swing... that ends in a hammer and better to close all ur position

This tells me you do not understand how I trade the Boss Swing on the Worker. My decisions are made on the ""Boss"", not on the "Worker"". My execution of trades is on the Worker but my trade management is on the Boss.

in those short positions... you already was in breakeven?

From my Post 6177:

Those of us in the ""know"" in PASR have been trading the Boss Swing short since June 22, 2018 on the Worker.

NO! I was in profit from June 25, 2018. I don't monitor individual positions - ONLY my overall P&L from my first position. If you understand the FIFO rule imposed on us by US Brokers, you will know why.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,314
  • Aug 15, 2018 9:58am Aug 15, 2018 9:58am
GBPAUD

Quoting Svolacius
Markets are really providing some learning material for us all. Scanning through the pairs and PA can be seen on many charts. Just attaching one chart, marked candles look like twins to me, thought I would share them with you! Once again, Price Action. Have a great night you all, putting my orders in and going to sleep soon. {image}
putting my orders in and going to sleep soon.

Make sure you know where SUPPORT is
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,315
  • Edited 10:21am Aug 15, 2018 10:04am | Edited 10:21am
PASR

Quoting Suran
{quote} I don't know If Strat Agree with me for helping you with what you ask or not. Assuming its OK, here it goes. And furthermore its not My template... It's Strat Shadow Pls go to post 4828 & 4829 in this thread Any other questions you might ask..pls search and read the thread .. Many thanks Suranga
I don't know If Strat Agree with me for helping you with what you ask or not.

NO! And you should know better!

From Post 1 on this thread:

I will help all those who are GENUINELY interested in trading for a living but will ignore all those looking for shortcuts or who will not READ and UNDERSTAND and PRACTICE the strategy.

The answer to ALL these requests is:

""Go to Post 1 on https://www.forexfactory.com/showthread.php?t=155459 ""
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,316
  • Aug 15, 2018 10:12am Aug 15, 2018 10:12am
GBPUSD

Quoting Szpons
{quote} Hi, Sorry I'm not very active here although I'm follow this thread almost from the start. Please correct me if I'm wrong, GU is in the wobble area right now. {image}
Sorry I'm not very active here

Why not? You will learn and UNDERSTAND much more through INTERACTION on here with fellow students.

From someone much wiser and Holier than me:

"'Tell me and I forget,

Teach me and I may remember,

Involve me and I learn.""

From my many previous posts on GBPUSD - ""GBPUSD Big Boys like BRNs""
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,317
  • Aug 15, 2018 10:14am Aug 15, 2018 10:14am
EURJPY & GBPJPY M15 PASR Trend Trading:


LIVE at the MOVING HARD RIGHT EDGE.........





Happy Trading,
Yomi
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 35 KB
Click to Enlarge Name: GBPJPYM15.png Size: 34 KB
Time always comes before price
  • #6,318
  • Aug 15, 2018 10:17am Aug 15, 2018 10:17am
USDJPY

Quoting Cj.cn
USDJPY Will be back to its up trend? Boss {image} Worker {image} Regards Cj
Will be back to its up trend?

You SEE an ""UP"" trend? All I SEE is sideways action on all 3 time frames which means.......................................
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,319
  • Aug 15, 2018 10:24am Aug 15, 2018 10:24am
EURJPY & GBPJPY M15

Quoting fxrabbi
EURJPY & GBPJPY M15 PASR Trend Trading: LIVE at the MOVING HARD RIGHT EDGE......... Happy Trading, Yomi {image} {image}
Good to see you back posting, Yomi.

Strange that you now post M15 as I was doing the same for the last 2 weeks.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,320
  • Aug 15, 2018 10:56am Aug 15, 2018 10:56am
Quoting strat
EURJPY & GBPJPY M15 {quote} Good to see you back posting, Yomi. Strange that you now post M15 as I was doing the same for the last 2 weeks.
Thanks, the great One,

I have been Very busy of late (outside Forex). Now I have limited time at the moving hard right edge, where you need total concentration as a full time trader for at least 8hrs per day, so I'm trying to give myself some space to attend to other things outside Forex. Though I still trade on full-time basis, only need little time to enjoy myself and at the same time trade Forex hence the transformation to M15 chart.

As you rightly said in one of your post, I'm a one-timeframe Trader, I do all my analysis on my trading chart, where I look for TREND via your wonderful Strat Shadow hence my lack of participation in discussion on BASIC PASR.


Happy Trading Sir,
Yomi.
Time always comes before price
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