Strat's PASR Long Term, Stress Free Trading

Quoting Rufus

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{quote} We don't pick tops and bottoms with PASR and the Strat Shadow. We follow trends. Traders on this thread are entering long on the candle indicated on my chart. May have snatched up a 2:1 {image}

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Quoting strat

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EURJPY H4 {quote} But you never answered this: Which PASR strategy are you trading? I inserted the tp on the resistance of daily chart and to satisfy my little people If your goal was to satisfy your Little People then you would have taken profit on the LATEST Worker resistance. While PRICE ""may"" reach your target, the probability of reaching it is getting lower with the odds against it increasing. Make sure you are not in ""GREED"" mode. (even if it is not very correct to satisfy the little people) We always, ALWAYS have to satisfy our Little...

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Quoting strat

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EURUSD M15 {quote} she was from the posh side of Glasgow, I could tell because all her tattoos were spelt correctly! My type of humour! That shooting star (bond candle?) used to be the bane of my life, but I NOW don't take the info from the candle in isolation, I consider it in the context of all three time frames, and make a decision based on that. So that candle I ignored. Well, you have a very good understanding of PASR - good for you! Did you take profit at London CLOSE? So, if you have a skirt and don't wear a kilt, does that make you a ...........................

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Quoting pippoacher

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Here an entry on Eur Usd, Long. Break of the hammer indicated by blue arrow. Stop just under the candle. 5min Chart at London open {image}

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Quoting Rub

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{quote} Entry looks good to me, I imagine it's taken off for you by now! Make sure you're aware of the 1&4 hour resistance.

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Quoting pippoacher

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The horse died. Stopped out on that hammer entry on 15min chart. Profit locked in for a small small net win. Once again demonstrating why trading the daily has such merit. {image}

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Quoting darko2010

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{quote} Not necessarily, but the choice of the instrument on M5 and the configuration is absolutely critical. Had you looked at EURUSD on higher TFs, notwithstanding the daily ATR of that pair which is not great, you may have elected another pair such as EURJPY

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Quoting pippoacher

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{quote} I limited myself to EU as the business iam in deals a lot with it, so i wanted to focus on one pair for the moment (low time frames), but I think the time has come to expand the repertoire. I usually trade Usd/Zar which has an ATR that makes GBP / Znd look pedestrian

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Quoting darko2010

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{quote} Strat mentioned several times his own list of M5 trading pairs that offer the best ATRs (GBP pairs, JPY pairs for instance), EURUSD and AUDUSD come dead last. I have not looked at exotic pairs, maybe some day when I can already master the main ones... Trade safe

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Quoting windofmarch

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{quote} Hi Strat, I can hardly define which PASR strategy I'm trading. I'm still studying. Probably I am close to the classic PASR with the trend (above or below 72 ema), even if I am considering with the 4h chart the possibility to enter counter trend after a low, High, HL, HH and vice versa. Exchange microlots with real money. But I have to find rules for good money management. Best Regards Strat and thanks for the reply.

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