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Strat's PASR Long Term, Stress Free Trading

  • #8,401
  • Nov 6, 2018 1:25am Nov 6, 2018 1:25am
Quoting huatzhi
{quote} Hi landax Here is my analysis of EURAUD BB {image} Immediate trend is down, overall trend is up. Shooting star resisted on SR 1.625. It was a second retest on SR. - It was a second retest on SR. - BUOB is in control. B {image} Immediate trend is down, now is testing on support. - base on previous prices, price generally don't change direction immediately on this pair, there are mostly weekly PA before big move happens or at the start of the big move. W {image} Dojis after BEEB. Yes, you could look for bullish entry on H1 or H4 if daily show...

EURAUD

BOSS: In a Swing Down from Resistance of BIG BOSS. (In the Chart says LOW but i mean DOWN)

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Worker: Arrive to a Support (Take profit Zone)

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For entry Long im going to wait PASR Worker with confluence with my 360m chart lookings for HH HL but right now i see sellers still trying hard in a support zone.

For me, is better to wait.


Notes: Im going to see if that doji in Worker after it appears a PASR For Long, can be the first entry for the HL Swing Boss?
  • #8,402
  • Nov 6, 2018 2:21am Nov 6, 2018 2:21am
Quoting pippoacher
{quote} Because you have important things to do, like spend pips, meld with the Strat ( Last Saturday I got to play a telecaster with a beautiful old Marshall valve state) and help the incorrigible among us on this thread....... enough work for a lifetime.
incorrigible
where do you find this vocabulary? Shakespeare?
  • #8,403
  • Nov 6, 2018 3:34am Nov 6, 2018 3:34am
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir!

Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup.

Thanks
FxE
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"What would you attempt to do, if you knew your success was a certainty?"
  • #8,404
  • Nov 6, 2018 4:06am Nov 6, 2018 4:06am
Quoting huatzhi
{quote} Hi landax Here is my analysis of EURAUD BB {image} Immediate trend is down, overall trend is up. Shooting star resisted on SR 1.625. It was a second retest on SR. - It was a second retest on SR. - BUOB is in control. B {image} Immediate trend is down, now is testing on support. - base on previous prices, price generally don't change direction immediately on this pair, there are mostly weekly PA before big move happens or at the start of the big move. W {image} Dojis after BEEB. Yes, you could look for bullish entry on H1 or H4 if daily show...
Thanks for your comment huatzi, we have a similar analysis,

personally I prefer for now enter on the daily when the boss made his swing confirmed for more security.

But when I have more experience I will use Strat boss Swing's method against the worker

I study a lot of card worker, and I find very little opportunity to exchange it with a good R:R it is rare probably because when this happens it causes a big move and brings FAT city
  • #8,405
  • Nov 6, 2018 4:09am Nov 6, 2018 4:09am
Quoting HappyTrend
{quote} EURAUD BOSS: In a Swing Down from Resistance of BIG BOSS. (In the Chart says LOW but i mean DOWN) {image} Worker: Arrive to a Support (Take profit Zone) {image} For entry Long im going to wait PASR Worker with confluence with my 360m chart lookings for HH HL but right now i see sellers still trying hard in a support zone. For me, is better to wait. Notes: Im going to see if that doji in Worker after it appears a PASR For Long, can be the first entry for the HL Swing Boss?
Even opinion, may soon be a swing low, let the boss show it to us

Waiting patiently
  • #8,406
  • Nov 6, 2018 4:24am Nov 6, 2018 4:24am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
Hello, Fxentropy already welcome to this thread,

I try to analyze your graph and so here is:

Big Boss: I have defined the nearest support and resistance levels in the BRN range 1.47 to 1.8750

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Boss: The price is stuck in a WCC for 3 weeks now let's get down on the worker now

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Worker: What do I see? You have to buy at the resistance of the WCC!

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So I advise you to read the old thread of Strat, and then this one you will have all the information to understand us, so take the time to understand well before exchanging real money if it is

You can read it and at the same time to post graphs to be sure you understood but ensure you have read much information before you do

Good reading
  • #8,407
  • Nov 6, 2018 4:24am Nov 6, 2018 4:24am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
Welcome.
I guess you took your trade today. We have to wait for the close of the candle to decide if we enter or not. (Maybe you can fine-tune and find a better entry using H4).
Have you done the 3-time-frame-analysis? Having a look at the Boss (weekly) I agree that the Boss is in an up-swing at the moment, but the whole picture doesn't look that bullish to me.
  • #8,408
  • Nov 6, 2018 4:24am Nov 6, 2018 4:24am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
Price is currently inside a weekly control candle and I think you just bought in the middle of that range. I would say you have barely 1:1 on a 4H chart, if price can get past 1235-36 and then reach the top of the range.

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  • #8,409
  • Nov 6, 2018 4:38am Nov 6, 2018 4:38am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
Hi Fx,

Welcome to the thread.

In addition to the comments by Bistolis, Malu and Landax, I need to ask you the most important question: What is your entry candle? Can you show us?
  • #8,410
  • Nov 6, 2018 4:57am Nov 6, 2018 4:57am
Quoting landax
{quote} Hello, Fxentropy already welcome to this thread, I try to analyze your graph and so here is: Big Boss: I have defined the nearest support and resistance levels in the BRN range 1.47 to 1.8750 {image} Boss: The price is stuck in a WCC for 3 weeks now let's get down on the worker now {image} {image} Worker: What do I see? You have to buy at the resistance of the WCC! {image} So I advise you to read the old thread of Strat, and then this one you will have all the information to understand us, so take the time to understand well before exchanging...
Did I pick the wrong WCC? I hate it when price is so close sometimes
  • #8,411
  • Nov 6, 2018 5:03am Nov 6, 2018 5:03am
Quoting bistolis
{quote} Did I pick the wrong WCC? I hate it when price is so close sometimes
On my graph I think I have the right WCC but maybe your graph is different from mine

it is true that it is often the case, it is sometimes difficult to determine the good wcc
  • #8,412
  • Nov 6, 2018 5:30am Nov 6, 2018 5:30am
Quoting bistolis
{quote} incorrigible where do you find this vocabulary? Shakespeare?
Legal judgments mostly, with a splattaring of ale woman and blasphemy.
In the words of my ex wife, she accused me of being a malcontent that can spell.... nicest thing I have ever been accised of..
  • #8,413
  • Nov 6, 2018 5:30am Nov 6, 2018 5:30am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
Welcome,

My addition to comments of others.
Look at price action on worker, "sore thumbs' (love this analogy) sticking out and bursting through resistance.
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If price on Big Boss is traveling between ~1150 and ~1350 range there is a big chance for the price to continue movement up. My plan is to add positions long on its way up until proven otherwise.
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  • #8,414
  • Nov 6, 2018 5:34am Nov 6, 2018 5:34am
Quoting bistolis
{quote} Did I pick the wrong WCC? I hate it when price is so close sometimes
Hi Bistolis,
here is the WCC as I see it...
All the best.

XAU USD - Boss

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  • #8,415
  • Nov 6, 2018 5:39am Nov 6, 2018 5:39am
Thanks for all your comments guys, also thanks for being patience with an old dog like me who's mostly a scalper than a long-term trader.

Indeed I need to get back to the old thread to read it all, thanks and please guys don't stop posting charts, keep up this great thread.

My charts below explain somehow why i took this trade. At least to me - based on my early understanding.

But don't count me in as being a PRO in this style lol
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"What would you attempt to do, if you knew your success was a certainty?"
  • #8,416
  • Nov 6, 2018 5:43am Nov 6, 2018 5:43am
Quoting Malu
{quote} Hi Bistolis, here is the WCC as I see it... All the best. XAU USD - Boss {image}
well yes. on my live account its the same as well
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  • #8,417
  • Nov 6, 2018 8:51am Nov 6, 2018 8:51am
Quoting Fxentropy
First time posting here.... I looked in silence for a couple of weeks now and saw the immense value of this thread for which I want to thank Strat: Hat Off to you Sir! Below is one Daily chart of Gold, I would appreciate it if you can have your comments for this setup. Thanks FxE {image}
You are buying in to a resistance zone, respected already 16 days trying to go for a new high without a success.. I prefer wait for worker close above of it and check boss and bigboss what they are telling me. Look that Worker Bullish Candle, big one trying to break without success.


Edit: Forget to post the your chart.


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Obviously Gold can go above and hit your take profit.. but for me is a Risk trade.
  • #8,418
  • Edited 9:16am Nov 6, 2018 8:55am | Edited 9:16am
Quoting Fxentropy
Thanks for all your comments guys, also thanks for being patience with an old dog like me who's mostly a scalper than a long-term trader. Indeed I need to get back to the old thread to read it all, thanks and please guys don't stop posting charts, keep up this great thread. My charts below explain somehow why i took this trade. At least to me - based on my early understanding. But don't count me in as being a PRO in this style lol {image} {image} {image}
Hi Fx,

You have drawn a resistance zone there, yet you are buying into it. Why??

In addition, what is the boss telling us? (Hint: Hanging man)

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  • #8,419
  • Nov 6, 2018 8:58am Nov 6, 2018 8:58am
Quoting strat
GBPAUD, GBPUSD and AUDUSD {quote} You have got comments from huatzhi, BTS, Miku and Terry - TRADERS HELPING TRADERS GBPAUD: Big Boss: October candle is doji with long up wick which shows sellers' power. The last a few months are side way and close above Strat Shadow, which means bullish to me. The overall trend is up. The Strat Shadow is horizontal and PRICE ACTION is horizontal telling me that this pair is not high on the priorities of the Big Boys. The overall trend is SIDEWAYS in a 1450 pip trading range. {im
age} Boss: Last candle is doji with...
Thank you very much for your comments Strat, they are very valuable for me.
I read the post you replied to TampaFx a few times as well.
The sentence 'We then trade the Worker IN THE DIRECTION of the BOSS SWING using PASR.' kind of punched me. It simply point out the criteria for PASR trading. It was there in the beginning and be repeated many times but why I didn't pay attention to?
I felt guilty when you asked me many times what swing is the Boss in.
I realize that one of the fundamental abilities is to determine where the Boss's swing is and if it is in harmony with Worker.
I am going to study charts and observe how price react when Boss swing is in harmony with worker in the next a few days and this weekend.
My eyes might be sharper in terms of this after this study.
This is my character weakness I need to work on. Sometimes I think I am so clever that I can fast forward things.
The more I learn trading, the more I feel it is another way to self-discover, self-grow and self-improve. It is fascinating. This is another motivation for me to trade.

Thank you again, for starting this post, for spending time teaching us.
We don't see things as they are, we see them as we are.
  • #8,420
  • Nov 6, 2018 9:34am Nov 6, 2018 9:34am
EURAUD

Quoting landax
EURAUD Bigboss: Upward trend, we can see that since June the bigboy were intended BRN 1.63500 who was reached late September and late October and resulted in down which is so their profit taking. Price is now at 1.58 support {image} Boss: Bullish Structure, boss is doing a new HL? I don't know but in any case the BRN 1.58 interested buyers, the price is to support. {image} Worker: The candle last Friday showed us a doji above 200 ema that shows us a certain indecision. He could almost look like a hammer because the wick is to support but there is...
Very good analysis and from huatzhi and HappyTrend - TRADERS HELPING TRADERS

In summary, the sell off of the Boss Swing to support has slowed down considerably telling us sellers have taken profits leaving less sellers left to sell any further. At this point in time, buyers have not come in at support telling us they too, have little interest - AT THIS TIME.

This means PRICE is in equilibrium - a state of balance telling us both buyers and sellers are OK with PRICE where it is now. PRICE needs to move out of equilibrium/balance for traders to profit so watch for either party making their move. Once they have made their move we will follow in their footsteps.
15 YEARS OF PASR ON FOREX FACTORY!
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