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  • #21,541
  • Aug 8, 2018 11:05am Aug 8, 2018 11:05am
Hi Strat,

I just finished reading this thread from beginning to end. It took a month or two but was well worth the time. To me the content on rhis thread is very, very valuable and for the first time I have had a glimpse under the bonnet of seeing price in action in the markets and how to use that price action to become profitable.

I am heading to the new thread now for tbe final leg catching up to the other students studying the path. I will certainly refer back to this thread for reference purposes.

I can only say that tbis thread is an incredble contribution of knowledge and experience to the world of trading.

Job well done!
Pete
  • #21,542
  • Aug 16, 2018 4:53pm Aug 16, 2018 4:53pm
Hi Strat
I've just joined and trying to navigate through this place. Kudos to you for fighting the good fight... we are only defined by our own actions, not that of others.
I'd like to unlearn what I've got so far, empty the glass and start again as it looks like I need to "see" your system. I'm already lost with terminology of"boss" etc. So to start from the beginning, the candles etc... is it a case of reading the thread or is there somewhere I start where we start with the basics...I have traveled between steps 1 and 3 a few times.
I do like you your general philosophy....and the humor... well that's something! Def need that, as "pay-it-forward" is a scarce commodity...unfortunately. Hope some of those who have taken flight have an epiphany... or something..to rethink giving back.
  • #21,543
  • Aug 19, 2018 4:25am Aug 19, 2018 4:25am
Quoting strat
GBPAUD First target should be the blue trend line, Donatas. If PRICE closes below that and then RE-TESTS it as RESISTANCE, then it ""could"" be heading for EW Wave 5 first target at RN 1.3550 {image}
ive been looking for any where, clip, posts. page to page. i cant see download link for this indicator. where can i get those?
Profit growth tells you the trader ability.
  • #21,544
  • Aug 19, 2018 6:48am Aug 19, 2018 6:48am
Quoting voketexpert
{quote} ive been looking for any where, clip, posts. page to page. i cant see download link for this indicator. where can i get those?
You might never find a download link anywhere. you know why? because there is no indicators here...

And if you read page to page then how come you missed it?
Focus, Patience, Discipline, Determination and Perseverance
  • #21,545
  • Aug 19, 2018 7:10am Aug 19, 2018 7:10am
Quoting Suran
{quote} You might never find a download link anywhere. you know why? because there is no indicators here...
thank you Suran, i thought strat shared indicators. Its because i saw TerryDawe and Strat are using the same looking chart like this
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 50 KB

Quoting Suran
{quote} And if you read page to page then how come you missed it?
i said posts man, not all posts. I may not read all of them.
Profit growth tells you the trader ability.
  • #21,546
  • Aug 22, 2018 3:44am Aug 22, 2018 3:44am
Good day Strat

First and foremost, one can not finish thanking you for life, just as you can finish thanking Dr. Joe. I will forever be grateful to you.
Moreover, I am a newbie and during my reading through your thread, I have come across these candles pattern and I am get to know their meaning.
"We then have to learn the basic price reversal candles – Hammer, Shooting Star, BUOB, BUEB, BEOB and BEEB,nothing else. At this point we have to learn the classical definitions of these candles. Do NOT think about or study other candles or patterns as they are NOT reliable and/or consistent for PASR trading"
Though, Hammer and Shooting Start not inclusive.
Thanks.

Quoting strat
My PASR method works on any freely traded financial instrument on any time frame. It HAS to and does, because it is based purely on the energy and emotions (fear and greed) of the buyers and sellers otherwise known as PRICE ACTION. There are students of PASR who trade Crude Oil, Gold and E-Minis and students who profitably trade M5, M15, H1 and H4 time frames. Indeed, on my BootCamp exercise, even M1 was traded profitably. The choice of instrument and time fame is purely personal depending on the individual’s mentality, personality, characteristics,...
  • #21,547
  • Edited Aug 31, 2018 10:08am Aug 30, 2018 2:30pm | Edited Aug 31, 2018 10:08am
PASR

Quoting Radhe2209
Hi Strat I've just joined and trying to navigate through this place. Kudos to you for fighting the good fight... we are only defined by our own actions, not that of others. I'd like to unlearn what I've got so far, empty the glass and start again as it looks like I need to "see" your system. I'm already lost with terminology of"boss" etc. So to start from the beginning, the candles etc... is it a case of reading the thread or is there somewhere I start where we start with the basics...I have traveled between steps 1 and 3 a few times. I do like...
I'm already lost with terminology of"boss" etc.

You need to ask yourself "Why" and "Who"

Then ask yourself "How come others UNDERSTAND it and "I" don't?"

is there somewhere I start where we start with the basics?

Start from Post 1!

So, to start from the beginning?

Where else do you start a new journey from?

I have traveled between steps 1 and 3 a few times.

And you will continue to do so unless you get SERIOUS and stop treating the business of trading as a ""play thing""!
15 YEARS OF PASR ON FOREX FACTORY!
  • #21,548
  • Aug 30, 2018 2:39pm Aug 30, 2018 2:39pm
PASR

Quoting voketexpert
{quote} thank you Suran, i thought strat shared indicators. Its because i saw TerryDawe and Strat are using the same looking chart like this {image} {quote} i said posts man, not all posts. I may not read all of them.
i said posts man, not all posts. I may not read all of them

Then anything and everything on this thread will be of no use to you until you do!

At least read Post 1:

Attached Image (click to enlarge)
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PASR does not use indicators other than the Strat Shadow

We do not give the Strat Shadow to indicator junkies, indicator collectors, lurkers and thread hoppers
15 YEARS OF PASR ON FOREX FACTORY!
  • #21,549
  • Aug 31, 2018 10:12am Aug 31, 2018 10:12am
PASR

Quoting Suran
{quote} Oh...To be honest , I didn't thought I were opening a CAN OF WORM. Now I feel regret. So sorry for taking this up. I just wanted to say Thats the way it is (who said that..? Celine may be). Anyway I see this happening every where. As you said hoomans are very fickle. But there will be one out of million come in and balance this out. And the power of one will be enough to do so. So the good deeds of humanity will continue. Have faith pls. And you believe in KARMA know? Suranga (P.S. I also see good things happening in the New Thread....
There are bunch of senior guys who jumping in to help others. BTS,Samson,Drako,Yomi,Rufus,Rub. etc..

Attached Image (click to enlarge)
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Are you still watching Suranga?
15 YEARS OF PASR ON FOREX FACTORY!
  • #21,550
  • Sep 2, 2018 3:03pm Sep 2, 2018 3:03pm
Quoting strat
PASR {quote} I'm already lost with terminology of"boss" etc. You need to ask yourself "Why" and "Who" Then ask yourself "How come others UNDERSTAND it and "I" don't?" is there somewhere I start where we start with the basics? Start from Post 1! So, to start from the beginning? Where else do you start a new journey from? I have traveled between steps 1 and 3 a few times. And you will continue to do so unless you get SERIOUS and stop treating the business of trading as a ""play thing""!
Thanks for the reply....I did finally manage to get through the threads... not so much why I don't understand... but finding the actual information... which I didn't initially until I found a pdf doc . As pointed out a number of times about the dynamic market and hence candles being different based on broker time-frame, please explain the why having the worker in any other time frame won't work... as some markets will close later... and this isn't as crucial with the boss and big boss?
  • #21,551
  • Sep 2, 2018 6:07pm Sep 2, 2018 6:07pm
Quoting Radhe2209
{quote} Thanks for the reply....I did finally manage to get through the threads... not so much why I don't understand... but finding the actual information... which I didn't initially until I found a pdf doc . As pointed out a number of times about the dynamic market and hence candles being different based on broker time-frame, please explain the why having the worker in any other time frame won't work... as some markets will close later... and this isn't as crucial with the boss and big boss?
Big money firms use the New York close as their end of day trading. Keep in mind these firms never stop trading, they just pass the "book" around the globe as each session starts. But when NY closes that is their closing candle. We should be looking at the same things they are.

As for the Boss...Weekly chart. It closes with the US session on Friday already no matter what timeframe any broker uses.

The BIG Boss. Monthly.. This may very depending on which day of the week the month ends. But there can be a 500 to 1000 pip range in a month. Closing the candle 2 or 3 hours one way or another really wont have much of an effect.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #21,552
  • Sep 2, 2018 6:42pm Sep 2, 2018 6:42pm
Quoting Rufus
{quote} Big money firms use the New York close as their end of day trading. Keep in mind these firms never stop trading, they just pass the "book" around the globe as each session starts. But when NY closes that is their closing candle. We should be looking at the same things they are. As for the Boss...Weekly chart. It closes with the US session on Friday already no matter what timeframe any broker uses. The BIG Boss. Monthly.. This may very depending on which day of the week the month ends. But there can be a 500 to 1000 pip range in a month....
Thanks Rufus, that makes a lot of sense as it's the big boys that govern movements. Got it.
Also my understanding so far in PASR is to look towards entries in the initial establishment of trends due to the large fluctuations possible in the higher time-frames. Hope about entries using PASR system in lower timeframes well into the trend...all other factors being aligned?
  • #21,553
  • Sep 2, 2018 6:57pm Sep 2, 2018 6:57pm
Quoting Radhe2209
{quote} Thanks Rufus, that makes a lot of sense as it's the big boys that govern movements. Got it. Also my understanding so far in PASR is to look towards entries in the initial establishment of trends due to the large fluctuations possible in the higher time-frames. Hope about entries using PASR system in lower timeframes well into the trend...all other factors being aligned?
I am not exactly sure about your question.

Keep in mind that between Basic PASR, Trend PASR, Swing PASR, and 5m PASR. There are numerous high probability ways to get into a position. Also, I may have a Boss Swing PASR trade going along and moving nicely and you trading the opposite direction on 5m PASR and profiting as well. So your perspective of the chart you are trading will enter in. But suffice it to say, usually any timeframe above 5m will be traded with the Boss and Worker in mind.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #21,554
  • Sep 2, 2018 8:07pm Sep 2, 2018 8:07pm
Quoting strat
PASR {quote} There are bunch of senior guys who jumping in to help others. BTS,Samson,Drako,Yomi,Rufus,Rub. etc.. {image} Are you still watching Suranga?

He he.. I am here.. Watching...yes.


These days not much reading and practice. My mind occupied with other stuff these days.... And wasted my precious time that I could use for reading. ....it appears.

Thanks Strat
Focus, Patience, Discipline, Determination and Perseverance
  • #21,555
  • Sep 6, 2018 6:06am Sep 6, 2018 6:06am
Quoting Rufus
{quote} I am not exactly sure about your question. Keep in mind that between Basic PASR, Trend PASR, Swing PASR, and 5m PASR. There are numerous high probability ways to get into a position. Also, I may have a Boss Swing PASR trade going along and moving nicely and you trading the opposite direction on 5m PASR and profiting as well. So your perspective of the chart you are trading will enter in. But suffice it to say, usually any timeframe above 5m will be traded with the Boss and Worker in mind.
Thanks a lot Rufus for the reply. I'm trying to get a handle on the information provided whilst also trying to"see" ...in action on charts. Hence I don't contribute, as I don't have anything to contribute...yet! Also not sure about uploading charts etc. Just putting it out there... not a "lurker" but a learner.
  • #21,556
  • Sep 10, 2018 11:12pm Sep 10, 2018 11:12pm
Quoting strat
{quote} ....... Now, this applies to everyone, until you can prove you are consistently successful and profitable on the daily time frame for at least 3 YEARS, do not even consider H4 or shorter........

Hi Strat ,

This above mentioned statement bugging me a lot. I know you stated markets are fractals and we can trade any time frames same way. But as the beginner traders you said (earlier) we should trade Daily. Is this statement still valid or you have different view to this now. I am asking this because I concentrated on M5 in the beginning(which also what attracted me to your PASR thread in the first place). But I really like to learn Worker trades now.

Suranga

(p.s. forgive me if you answered this recently. I haven't came across this lately)
Focus, Patience, Discipline, Determination and Perseverance
  • #21,557
  • Sep 13, 2018 2:55am Sep 13, 2018 2:55am
Keep alive.

Thanks Strat and all contributors for this fantastic thread, especially for Big 4.

I wanted to introduce myself and not just lurk, I'm currently working my way through all the posts and recommended material, currently about 60% through.

Keep to read post by post, word by word...

The English not my first language, sorry.
  • #21,558
  • Oct 5, 2018 1:48am Oct 5, 2018 1:48am
Hi Strat,

I've read through all post and take notes with MS Word and Excel, thank you all teaching.
Because the English not my first language, so to understanding every concept exactly is a problem for me.

May I ask you a question about description of the trend?

Let me said,

Big Boss is Monthly
Boss is Weekly
Worker is Daily

#Post 20,388 almost include all adjective.

By far, can I think:
1. overall trend = dominant trend = long-term trend? (from Max. Big Picture/Zoom out on weekly or monthly charts)
2. PRIMARY TREND = immediate trend(on BB, B, W charts)?
3. MAIN TREND is from Strat Shadow(it's color etc.) visually, maybe is a overall quick tips?

According to period(or time), overall(dominant/long-term) > intermediate > short > immediate, right?
But on #Post 19550(the picture was posted by you many times), I want to understanding where is immediate trend on the chart?

Thank you advice.
Best Regards.
  • #21,559
  • Oct 10, 2018 5:10am Oct 10, 2018 5:10am
Quoting bluedormouse
Hi Strat, I've read through all post and take notes with MS Word and Excel, thank you all teaching. Because the English not my first language, so to understanding every concept exactly is a problem for me. May I ask you a question about description of the trend? Let me said, Big Boss is Monthly Boss is Weekly Worker is Daily #Post 20,388 almost include all adjective. By far, can I think: 1. overall trend = dominant trend = long-term trend? (from Max. Big Picture/Zoom...
You might want to continue reading this post.

https://www.forexfactory.com/showthread.php?t=708441

As for that question, may be try go through some chart, look for those trend, post what you think?

For my understanding, it is relative to the chart though. E.g. Immediate trend in BB is the dominant trend in W.

----

Oo wait, you are already there. Why ask here?
  • #21,560
  • Oct 10, 2018 9:21am Oct 10, 2018 9:21am
Quoting bluedormouse
Hi Strat, I've read through all post and take notes with MS Word and Excel, thank you all teaching. Because the English not my first language, so to understanding every concept exactly is a problem for me. May I ask you a question about description of the trend? Let me said, Big Boss is Monthly Boss is Weekly Worker is Daily #Post 20,388 almost include all adjective. By far, can I think: 1. overall trend = dominant trend = long-term trend? (from Max. Big Picture/Zoom...
Bluedormouse,

you better ask your questions in the new thread. Otherwise Strat ( and others ) might miss your post.

rgds
Focus, Patience, Discipline, Determination and Perseverance
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