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Strat's PASR Long Term, Stress Free Trading

  • #6,761
  • Edited 5:18pm Sep 12, 2018 2:48pm | Edited 5:18pm
PASR

Quoting HappyTrend
{quote} Because with 4HR TimeChart i cant sleep at night.. every 4hr watching the candles. Anyway thank you for ur answer.
Because with 4HR TimeChart i cant sleep at night.. every 4hr watching the candles.

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How do you think all the other THOUSANDS of H4 traders manage it then?

Then find a STANDARD time frame which DOES fit your schedule and lifestyle
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,762
  • Sep 12, 2018 2:59pm Sep 12, 2018 2:59pm
Quoting strat
PASR {quote} Because with 4HR TimeChart i cant sleep at night !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! How do you think all the other THOUSANDS of H4 traders manage it then?
With H4 im going to miss 2 - 3 Candles every 24hours, and with H6 im going to miss only one candle. That is the question that i made to myself and select H6. But well i think im going to reduce to the minium my lotsize for start trading only daily timeframe then... But the thing is that i feel comfortable trading PASR TREND TRADING.... The other side that i feel that i like is trading BOSS SWING, but already read and read and more read about "BOSS SWING TRADING" but still dont get it. And have a lot of questions.
  • #6,763
  • Sep 12, 2018 3:03pm Sep 12, 2018 3:03pm
Hello here i another try from me , any feedback is welcome
BB is in downdtrend but not as strong as i would like
Boss is also in down trend and moreover the last retracement begins its way to south, last week's candle has just cross the support of EMA(63) blue line
worker : the indicated with red arrows candles i believe that are classic PSAR cadles (BEOB)
Expcet that the weekly bar has not closed yet i believe that all the conditions are met to go short .
So i wait till the end of the week (but i am eager go short right now)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MONTHLY.GIF Size: 58 KB
Click to Enlarge Name: WEEKLY.GIF Size: 52 KB
Click to Enlarge Name: DAILY.GIF Size: 57 KB
  • #6,764
  • Sep 12, 2018 3:22pm Sep 12, 2018 3:22pm
Quoting strat
PASR {quote}What are the 3 time frames you are trading?
When a New Worker Candle appears (Monthly, Weekly, Daily)

When a 6H Candle Appear (Weekly, Daily, 6H).


When i have an entry with PASR TREND in 6H and continues, and if i see Daily Candle is going with my entry, im trying to managing it with BOSS SWING or Support/Resistance Daily.
  • #6,765
  • Edited 5:20pm Sep 12, 2018 3:42pm | Edited 5:20pm
PASR

Quoting HappyTrend
{quote} With H4 im going to miss 2 - 3 Candles every 24hours, and with H6 im going to miss only one candle. That is the question that i made to myself and select H6. But well i think im going to reduce to the minium my lotsize for start trading only daily timeframe then... But the thing is that i feel comfortable trading PASR TREND TRADING.... The other side that i feel that i like is trading BOSS SWING, but already read and read and more read about "BOSS SWING TRADING" but still dont get it. And have a lot of questions.
Because with 4HR TimeChart i cant sleep at night.. every 4hr watching the candles.

With H4 im going to miss 2 - 3 Candles every 24hours,

You are LIVING TO TRADE!!!!!!

You need to UNDERSTAND how Asset Managers at Investment Banks and Hedge Fund Managers trade though that will also be a problem since you can't even UNDERSTAND how PASR traders trade!

PASR traders TRADE TO LIVE.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,766
  • Sep 12, 2018 3:45pm Sep 12, 2018 3:45pm
PASR

Quoting HappyTrend
{quote} With H4 im going to miss 2 - 3 Candles every 24hours, and with H6 im going to miss only one candle. That is the question that i made to myself and select H6. But well i think im going to reduce to the minium my lotsize for start trading only daily timeframe then... But the thing is that i feel comfortable trading PASR TREND TRADING.... The other side that i feel that i like is trading BOSS SWING, but already read and read and more read about "BOSS SWING TRADING" but still dont get it. And have a lot of questions.
but still dont get it

That's so obvious based on your Posts 6752 & 6754!
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,767
  • Sep 12, 2018 3:46pm Sep 12, 2018 3:46pm
PASR

Quoting HappyTrend
{quote} When a New Worker Candle appears (Monthly, Weekly, Daily) When a 6H Candle Appear (Weekly, Daily, 6H). When i have an entry with PASR TREND in 6H and continues, and if i see Daily Candle is going with my entry, im trying to managing it with BOSS SWING or Support/Resistance Daily.
The time frames question was on your Post 6752
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,768
  • Sep 12, 2018 4:19pm Sep 12, 2018 4:19pm
Quoting strat
PASR {quote} You can't even UNDERSTAND how PASR traders trade! PASR traders TRADE TO LIVE.
I think i already said that one is the reason that i change my timeframe for have more free time (that already have it..)

And yes you are right... Sorry for wasting your time on me... but i still cant understand...

When my interest to trade Boss Swing arrive and start asking questions about it for learn, you was answer some of my questions and very slow i was learning.... Now that i start to post some of my trade and trying to understand and learn more about Boss Swing i didnt have any clear answer and now i felt that a just crash with a Wall and lost all the things already have learned.

Im going to study all the Thread again and checking it with my Trading Journal since i start trading the PASR Trend (anyway i think everything is now wrong... and just thinking in close everything, create a new trading journal and start from zero)

And Again, sorry for wasting your time on me and thank you for all ur answers.


Edit: I learn very slow, but when everything is in my head... All the knoweldge is set like a stone.
  • #6,769
  • Sep 12, 2018 4:40pm Sep 12, 2018 4:40pm
hello everyone, been a while i seen trogger posted on here...anyone heard from him?


happy positive pips to you all
  • #6,770
  • Sep 12, 2018 5:15pm Sep 12, 2018 5:15pm
Quoting bjpumping
hello everyone, been a while i seen trogger posted on here...anyone heard from him? happy positive pips to you all
Seems like you should get on the first plane to New Zealand before he finds another girlfriend!

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 21 KB

Attached Image

Attached Image
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,771
  • Edited Sep 13, 2018 9:27am Sep 12, 2018 5:29pm | Edited Sep 13, 2018 9:27am
PASR

Quoting HappyTrend
{quote} I think i already said that one is the reason that i change my time frame for have more free time (that already have it..) And yes you are right... Sorry for wasting your time on me... but i still cant understand... When my interest to trade Boss Swing arrive and start asking questions about it for learn, you was answer some of my questions and very slow i was learning.... Now that i start to post some of my trade and trying to understand and learn more about Boss Swing i didnt have any clear answer and now i felt that a just crash with...
i change my time frame for have more free time (that already have it..)

Free Time..............FREE Time.........................Free Time?????

Trading the Worker with a couple of minutes analysis after New York closes at 5pm is FREE TIME. I have ALL DAY to do what I want, where I want without the responsibility and restriction of having to check my charts every 4/6 hours.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,772
  • Sep 12, 2018 5:42pm Sep 12, 2018 5:42pm
Quoting strat
PASR {quote} i change my time frame for have more free time (that already have it..) Free Time..............FREE Time.........................Free Time????? Trading the Worker with a couple of minutes analysis after New York closes at 2pm is FREE TIME. I have ALL DAY to do what I want, where I want without the responsibility and restriction of having to check my charts every 4/6 hours.
I want to do that! You know me that i start trading intraday!, is not easy start changing the timeframe to higher timeframes... is has been a time until i get comfortable trading the timeframes where im at.

I want to trade the Daily! but i need to learn how to trade the basics PASR, because right now im Trading "TREND PASR TRADING" in H6, but for do that in Daily it can take Months that is the reason that im trading it. While i keep studyng and learning more about how to entry on Worker... And i really interested about BOSS SWING and already read and read everything about "BOSS SWING" but still my stupid mind dont get it at all... is the reason that days ago i ask you about if u can post more of your "PAST" trades but already know the answer.

Then i keep studyng studyng, and again.. thanks for your FREE TIME TO ME/US.
  • #6,773
  • Sep 12, 2018 5:52pm Sep 12, 2018 5:52pm
CLASSIC PASR SHOOTING STAR

And yet another example of CLASSIC PASR SHOOTING STAR

This time on USDCAD Big Boss.

For the highest probability Shooting Star trades we need:

Shooting Star at resistance

Shooting Star at the top of the Swing

NOTHING to the left of the Shooting Star - just empty space.

Trading this beauty on the Big Boss would have given PASR traders about 1250 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 58 KB
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,774
  • Sep 12, 2018 5:57pm Sep 12, 2018 5:57pm
PASR

Quoting HappyTrend
{quote} I want to do that! You know me that i start trading intraday!, is not easy start changing the timeframe to higher timeframes... is has been a time until i get comfortable trading the timeframes where im at. I want to trade the Daily! but i need to learn how to trade the basics PASR, because right now im Trading "TREND PASR TRADING" in H6, but for do that in Daily it can take Months that is the reason that im trading it. While i keep studyng and learning more about how to entry on Worker... And i really interested about BOSS SWING and already...

As per all your posts on here you are trying to short cut your learning!

The Path is laid out in a logical and progressive teaching manner and you don't move on to the next topic until you have MASTERED the current topic.

The Path instructs you to MASTER Basic PASR before even attempting anything else.
15 YEARS OF PASR ON FOREX FACTORY!
  • #6,775
  • Sep 12, 2018 9:44pm Sep 12, 2018 9:44pm
Quoting JCMPete
Good day All Paper trading while studying charts. Setup was on Worker but trade and exit on 4 hour chart. Regards Pete {image} {image} {image}

Pete,

Your trade shows us (again and again) how valuable is to follow the Strats advice to the letter and read The Path before jumping in half boiled. It motivated me to go back to my reading full time and forget about damn M5 trading ...(don't tell anyone).

Thanks alot

Suranga
Focus, Patience, Discipline, Determination and Perseverance
  • #6,776
  • Sep 12, 2018 11:20pm Sep 12, 2018 11:20pm
Quoting strat
CLASSIC PASR SHOOTING STAR And yet another example of CLASSIC PASR SHOOTING STAR This time on USDCAD Big Boss. For the highest probability Shooting Star trades we need: Shooting Star at resistance Shooting Star at the top of the Swing NOTHING to the left of the Shooting Star - just empty space. Trading this beauty on the Big Boss would have given PASR traders about 1250 pips. {image}
EURAUD

So far still moving well. Strat...Does this qualify for space?

I have been working the details of your recent posts about shooting stars and hammers. Saw this developing.

Attached Image (click to enlarge)
Click to Enlarge Name: (10) EURAUDDaily.png Size: 99 KB


Attached Image (click to enlarge)
Click to Enlarge Name: (10) EURAUDH4.png Size: 67 KB


Attached Image (click to enlarge)
Click to Enlarge Name: (10) EURAUDWeekly.png Size: 121 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #6,777
  • Sep 13, 2018 1:27am Sep 13, 2018 1:27am
Quoting Suran
{quote} Pete, Your trade shows us (again and again) how valuable is to follow the Strats advice to the letter and read The Path before jumping in half boiled. It motivated me to go back to my reading full time and forget about damn M5 trading ...(don't tell anyone). Thanks alot Suranga
Thanks Suran!

It really is worth it just to buckle down and read the entire path from start to finish. It took me a couple of months but I can really recommend putting in the effort. This gave me a really good theoretical overview of PASR which I am now able to start applying to gain practical experience of PASR.

The practical learning will take time as well but that is also fine. I know that I am practising the real deal and not what I would have had to guess at if I did not read the threads. Also if someone posts something now I can at least relate to it even if I do not fully understand it yet.

Having read the threads and making notes along with saving examples according to topics I can easily reference the examples and info and revisit the posts in the threads if neccesary. I also now KNOW where to find help on topics in the threads. Then if I still don't understand I can post and discuss from the vantage point of knowing what I have read and understood so far.

There simply is no shortcut to learning PASR. To follow the Path you have to read the threads starting with the old one first. This is the only way to build a foundation of knowledge from which to progress to the practical application of that knowledge.

Also, over and above reading the threads Strat instructs us to study 1000's of charts...and do you know what? There are literally 1000's of charts showing all sorts of PASR examples in the threads, pure gold in value for anyone putting in the effort to read them. It certainly makes it a lot easier for me to start recognizing PASR action in real time charts.

And very important to me now that I have made the effort is to realise how little I really know about trading and especially PASR. I know I will be making mistakes in applying what I have learnt but the nice thing is I will be failing FORWARD! Why? Because I have the foundation of basic knowledge to which I can relate the mistakes and LEARN from the experience.

Last thought....and I think I read this in the Path somewhere...a path is called a path because you start at point A in order to get to point B. No other way to it.

I think a very BIG THANK YOU TO STRAT is in order for providing us with the PATH OF LEARNING! We should simply follow it....

Enjoy the journey and do stop along the way to smell the flowers!

Regards
Pete

P.S... If anyone has questions about reading the threads please post them. I am willing to help whete I can.
  • #6,778
  • Sep 13, 2018 1:37am Sep 13, 2018 1:37am
Quoting macuba
Hello here i another try from me , any feedback is welcome BB is in downdtrend but not as strong as i would like Boss is also in down trend and moreover the last retracement begins its way to south, last week's candle has just cross the support of EMA(63) blue line worker : the indicated with red arrows candles i believe that are classic PSAR cadles (BEOB) Expcet that the weekly bar has not closed yet i believe that all the conditions are met to go short . So i wait till the end of the week (but i am eager go short right now) {image} {image} {image}...
Have a good look at the most recent monthly candle, a short is trading against the big boss hammer.

Quoting JCMPete
{quote} Thanks Suran! It really is worth it just to buckle down and read the entire path from start to finish. It took me a couple of months but I can really recommend putting in the effort. This gave me a really good theoretical overview of PASR which I am now able to start applying to gain practical experience of PASR. The practical learning will take time as well but that is also fine. I know that I am practising the real deal and not what I would have had to guess at if I did not read the threads. Also if someone posts something now I can at least relate to it even if I do not fully understand it yet. Having read the threads and making notes along with saving examples according to topics I can easily reference the examples and info and revisit the posts in the threads if neccesary. I also now KNOW where to find help on topics in the threads. Then if I still don't understand I can post and discuss from the vantage point of knowing what I have read and understood so far. There simply is no shortcut to learning PASR. To follow the Path you have to read the threads starting with the old one first. This is the only way to build a foundation of knowledge from which to progress to the practical application of that knowledge. Also, over and above reading the threads Strat instructs us to study 1000's of charts...and do you know what? There are literally 1000's of charts showing all sorts of PASR examples in the threads, pure gold in value for anyone putting in the effort to read them. It certainly makes it a lot easier for me to start recognizing PASR action in real time charts. And very important to me now that I have made the effort is to realise how little I really know about trading and especially PASR. I know I will be making mistakes in applying what I have learnt but the nice thing is I will be failing FORWARD! Why? Because I have the foundation of basic knowledge to which I can relate the mistakes and LEARN from the experience. Last thought....and I think I read this in the Path somewhere...a path is called a path because you start at point A in order to get to point B. No other way to it. I think a very BIG THANK YOU TO STRAT is in order for providing us with the PATH OF LEARNING! We should simply follow it.... Enjoy the journey and do stop along the way to smell the flowers! Regards Pete P.S... If anyone has questions about reading the threads please post them. I am willing to help whete I can.
If there's one thing I do, it's look at every chart posted! I don't always understand, but I look.
  • #6,779
  • Sep 13, 2018 1:43am Sep 13, 2018 1:43am
Quoting strat
EURUSD {quote} Welcome back! I have even permanently altered my chart colors from the doom and gloom to white background with cheerful candles That is a positive step on The Path! took this EurUsd trade on the boss last week Please post your analysis and reasons for this Trying to take the ' meat of the trade' Hang on - you have got your knickers in a twist here! What I wrote was "we want the meat of the trend"
Good too be back, thank you for having me , will post the chart and my reasons for electing to take it as soon as I have a gap.
' Knickers in a twist' hahah I havnt heard that expression for a long time, If I was a complicated coffee drinking millennial, in need of a safe space and bean bags at work, I would reply with " did you just assume my gender' or some equally inane drivel...I digress.
I possibly misunderstood you but I found immense value in the spirit of the sentiment. I dont try eviscerate every last pip out of the trade but, I rather set my TP levels at the close of the candle and ignore the wick, I believe this has the best odds of hitting instead of placing the tp on the last pip.
  • #6,780
  • Edited 2:41am Sep 13, 2018 2:05am | Edited 2:41am
Quoting strat
EURUSD {quote} Stubbornness is not a successful trait in trading - pull up any chart of mine and look in the top right hand corner IN RED and DO IT! Hopefully that position size of 2.5 lots is PAPER TRADING and NOT real, live hard earned money. Please explain how you justified a 2.5 lots position size
Let me clarify my thinking: If the trade is blatantly wrong, I heed your good advice and cut the loss. At this stage I have not seen anything on the daily PA that has compelled me, with certainty, that the trade is wrong.
It may be because I am inexperienced and dont read the price correctly, but I have 20 years of sports betting and Black jack, wherein I put myself through university and lived off till I got actual meaningful employment, where once you place the bet the act is decisive and final. Fiddling with the trade after I pull the trigger is not in my nature, I need to work on this.

2.5 lots is in ZAR, so to you lot its basically paper trading. The lot size represents just over 1.5% of my risk capital capital. the Sl in pips was something like 1.54% and I just rounded the lot size off to 2.5. So on a trade where the reward is better than even money, and the probability of success about even money, being the immensely risk adverse knit that i am 1.54% is seen as a bargain in my hard wiring.
I hope trogger is here.... Boks playing the AB's on Saturday, and considering the circumstances, the true odds of the game are about 3/1 and my book is offering 10/1.....Fat city to me.
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