Strat's PASR Long Term, Stress Free Trading

Quoting strat

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M5 PASR Trend Trading {quote} Sorry for the confusion. Hopefully you remember me posting many times on my old 2009 original thread "Do as I say, not as I do". There is no change to my M5 PASR Trend Trading strategy and is, as you copied, "Looking for New York to continue the direction set by London. If the trend does not continue in New York, It is a no trade - no questions asked." I should not have posted it as "Trend Trading" in fact, I should not have posted it at all since it conflicts with what I teach. I was pleased to profit from an M5 trade...

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Quoting Fxentropy

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{quote} Is this a valid entry for M5? {image}

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Quoting TampaFX

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{quote} Thanks for the clarification! I am glad you posted it however I wanted to confirm why you entered the trade opposite the London trend. After 100 hours of reading the forums on one monitor and charting on my second monitor PASR is starting to become clear. Still much work for me to do but it's coming along.....

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Quoting strat

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EURUSD M5 PASR Trend Trading {quote} Yes as long as you were aware of the 200 and SR levels BUT, where are your SR levels? {image}

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Quoting strat

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PASR THE PATH {quote} PASR is starting to become clear. Still much work for me to do but it's coming along..... Good for you. Just remember this when the Market goes into "chaos" mode and nothing works.

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Quoting strat

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EURUSD M5 PASR Trend Trading {quote} Yes as long as you were aware of the 200 and SR levels BUT, where are your SR levels? {image}

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Quoting TampaFX

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{quote} Yes sir. Been there done that got the t-shirt upstairs! Have you done a write up on the differences between Swing PASR and Trend PASR entries and exits? I searched with no success, however I have found several charts examples, showing several different entries. Thanks Chris

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Quoting TampaFX

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{quote} I saw his chart and was waiting for you to respond. I really like your second entry. Price closed below the EMA200, retested the Strat Shadow, followed by a BEEB. Would you place your stop above your first entry high (1.1477)?

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Quoting strat

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EURUSD M5 PASR Trend Trading {quote} Would you place your stop above your first entry high (1.1477)? I don't trade this pair on short time frames - I can't stay awake long enough. I don't "place" stops - I keep mental stops More of an ""emergency mental stop"" above the Strat Shadow to give PRICE room to breathe in the trend.

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Quoting TampaFX

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{quote} Agreed it is a slow mover. I am reducing my watchlist pairs for M5 / M15 trading. The NZD & AUD crosses are highly correlated. Would it make sense to pick one for each cross (AUDUSD/NZDUSD, EURAUD/EURNZD, GBPAUD/GBPNZD) versus watching both? Thanks Chris

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Quoting TampaFX

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{quote} Hi Miku, Thanks for reviewing this chart it has excellent examples to learn from. Although it was not my trade would you mind explaining why you exited when you did? I ask because after the fourth short position there was a BUOB and previous candles with bullish wicks. You then placed the fifth short position and then exited on the next BUEB. Were you waiting for further conformation the price has stalled? Thanks Chris {image}

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Quoting TampaFX

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{quote} Miku, Thanks again for the reply as it helped. I do have a few follow-up questions: "Swing PASR - We take profit when primary trend changes" I assume you are referring to the primary trend change on the Boss? "Trend PASR - We exit when the trend is over" For M5 that would be the trend on the M5 chart that's straight forward. What if you are trading the Daily? Are you referring to the primary trend on the Daily or Weekly? Are you aware of written entry and exit rules for Swing & Trend PASR on higher timeframes (Worker = Daily)? I tried searching...

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Quoting strat

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EURJPY {quote} Thank you, Terry - at least you recognised my ""signal"" I wonder if anyone followed up with long positions on this pair. Since no-one posted their trades, I guess no-one did. The Boss is still chugging away slowly in its UP Swing with the Worker doing as it is told. {image} {image}

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Quoting TerryDawe

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{quote} Just for my clarification Strat: Are you referring to the Boss up swing being that it has not made a new lower low during this recent several week range? Based on primary trend definition, it is currently in a down swing within a WCC.

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Quoting Eurotrader17

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NZDCAD BASIC PASR BIGBOSS Immediate trend -> UP {image} BOSS In a Swing UP -> UP {image} WORKER I could've opened a position where marked with but I waited for confirmation in the very next resistance Just closed a small position (TP set at the beginning) and still running most of it {image}

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Quoting Eurotrader17

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AUDJPY H4 PASR Trend Trading Very late entry but it had a good RR. It could've been a perfect addon. {image} Sorry for not participating more in this amazing group that Strat has given us but very busy at work (hopefully BlackFriday will be over soon!) and spending more time going through the old thread again whenever I can.

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Quoting Eurotrader17

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NZDCAD BASIC PASR BIGBOSS Immediate trend -> UP {image} BOSS In a Swing UP -> UP {image} WORKER I could've opened a position where marked with but I waited for confirmation in the very next resistance Just closed a small position (TP set at the beginning) and still running most of it {image}

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