DislikedEURJPY {quote} I guess everyone thought I was crazy when I did my self evaluation in front of the mirror but it works for me - try it and be brutally honest with yourself - you will be surprised what comes out of it but above all...........Ignored
Strat's PASR Long Term, Stress Free Trading
GBP {quote} Thanks Nathan. What was this - the meeting of Cabinet Ministers to approve Brexit terms?
Yes, but it is unlikely they will be accepted. If this is the case then the PM may be forced to resign, it is expected that some others will resign if it is passed so it's basically a no win situation at the moment.
This fallout is happening the rest of this week and now the deal is out in the open anything can happen.
Lucky you in California!
Private Msgs are turned off to weirdos, loafs and brain drainers
- #8,703
- Nov 14, 2018 11:34am Nov 14, 2018 11:34am
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
PASR
I would like your opinion
bistolis gave his - TRADER HELPING TRADERS - but did everyone else leave the room with Elvis?
Zanek, this is a change from your recent posts where you gave your opinion first.
You will learn much more from comments on YOUR opinion/analysis.
I only took the EURUSD one, as it was as textbook as you can get.
Really???????????????
Did you read, learn and UNDERSTAND my recent posts on Hammers and Shooting Stars? Obviously NOT. The candle on YOUR chart is NOT a Shooting Star - it is a Gravestone Doji. While it is telling the same thing in this case, it may not in others.
EURUSD - clear PASR
Yes on YOUR chart but definitely NOT on mine. It looks like YOUR broker daily candles do not close at 5pm New York time or your GMT time is incorrect. Whatever it is - get it fixed so that you can be aligned with us AND the Big Boys! See my EURUSD H4 chart.
Hi gang, I would like your opinion on the H4 shooting stars, that appeared this morning on EUR pairs. I only took the EURUSD one, as it was as textbook as you can get. Would you have taken the others as well, why and why not? EURUSD - clear PASR {image} {image} EURJPY - would the resistance at 128.450 have scared you off? {image} {image} EURCAD - would you consider 1.4938 and previous day BUEB good enough to prevent you from taking the trade? {image} {image} Comments welcome! Cheers
bistolis gave his - TRADER HELPING TRADERS - but did everyone else leave the room with Elvis?
Zanek, this is a change from your recent posts where you gave your opinion first.
You will learn much more from comments on YOUR opinion/analysis.
I only took the EURUSD one, as it was as textbook as you can get.
Really???????????????
Did you read, learn and UNDERSTAND my recent posts on Hammers and Shooting Stars? Obviously NOT. The candle on YOUR chart is NOT a Shooting Star - it is a Gravestone Doji. While it is telling the same thing in this case, it may not in others.
EURUSD - clear PASR
Yes on YOUR chart but definitely NOT on mine. It looks like YOUR broker daily candles do not close at 5pm New York time or your GMT time is incorrect. Whatever it is - get it fixed so that you can be aligned with us AND the Big Boys! See my EURUSD H4 chart.
15 YEARS OF PASR ON FOREX FACTORY!
- #8,705
- Nov 14, 2018 1:13pm Nov 14, 2018 1:13pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
PASR
Thank you for posting these trades, Chris, and good to see someone actually trading Long Term, Stress Free trades!
Disappointed only bistolis and Suran chose to comment on them - TRADER HELPING TRADERS
EURJPY
First, your candles are different to mine - do they close at 5pm New York time and is your GMT setting correct?
Attached is a recent trade that closed on EURJPY. My plan was to take two positions with take profit at 1R and 2R. I am currently weighing the pros and cons of different money management strategies. It ended up being a quick trade targeting 2R which was just prior to support.
bistolis comment:
Early entry on EURUSD in my opinion (Think he means EURJPY)
It was without confirmation BUT there is confluence of resistance and 200 ema plus 2 dojis at that resistance at the end of an up swing telling us the probability of PRICE going lower is higher than the probability of PRICE continuing higher.
Was this your reasoning and did you know you were trading Basic PASR?
I am currently weighing the pros and cons of different money management strategies.
Good. Keep trying all the possibilities until you find what fits your trading style. You must have 2 accounts then to get round FIFO. I don't trade this style but many on the old thread did.
EURUSD
Attached is a recent trade that closed on EURUSD. This trade ended in a SL.
As you can see I went short directly into support. Foolish decision on my part! I was hoping it would push through on the next attempt. LESSON LEARNED!
I was hoping
Remember my many posts on ""wishing, hoping and praying"? I guess not. The positives to take from this is that you got your entry and stop loss correct.
LESSON LEARNED!
It may take a few smacks across the head for this to sink in - it did for me!
Take note of Suran's important comments with respect to trading inside a Weekly Control Candle.
Had you taken a look at H4 at the end of the day, would this have changed anything?
Good Morning PASR members, I apologize for not posting many charts. I have been going back through the first thread, and taking notes while absorbing as much as possible. I have also placed some trades with overall success. I had two losses, a few winners, and a few that are 1/2 closed at BE. Attached is a recent trade that closed on EURJPY. My plan was to take two positions with take profit at 1R and 2R. I am currently weighing the pros and cons of different money management strategies. It ended up being a quick trade targeting 2R which was just...
Disappointed only bistolis and Suran chose to comment on them - TRADER HELPING TRADERS
EURJPY
First, your candles are different to mine - do they close at 5pm New York time and is your GMT setting correct?
Attached is a recent trade that closed on EURJPY. My plan was to take two positions with take profit at 1R and 2R. I am currently weighing the pros and cons of different money management strategies. It ended up being a quick trade targeting 2R which was just prior to support.
bistolis comment:
Early entry on EURUSD in my opinion (Think he means EURJPY)
It was without confirmation BUT there is confluence of resistance and 200 ema plus 2 dojis at that resistance at the end of an up swing telling us the probability of PRICE going lower is higher than the probability of PRICE continuing higher.
Was this your reasoning and did you know you were trading Basic PASR?
I am currently weighing the pros and cons of different money management strategies.
Good. Keep trying all the possibilities until you find what fits your trading style. You must have 2 accounts then to get round FIFO. I don't trade this style but many on the old thread did.
EURUSD
Attached is a recent trade that closed on EURUSD. This trade ended in a SL.
As you can see I went short directly into support. Foolish decision on my part! I was hoping it would push through on the next attempt. LESSON LEARNED!
I was hoping
Remember my many posts on ""wishing, hoping and praying"? I guess not. The positives to take from this is that you got your entry and stop loss correct.
LESSON LEARNED!
It may take a few smacks across the head for this to sink in - it did for me!
Take note of Suran's important comments with respect to trading inside a Weekly Control Candle.
Had you taken a look at H4 at the end of the day, would this have changed anything?
15 YEARS OF PASR ON FOREX FACTORY!
- #8,706
- Nov 14, 2018 1:18pm Nov 14, 2018 1:18pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
{quote} Hi Strat Yes, but it is unlikely they will be accepted. If this is the case then the PM may be forced to resign, it is expected that some others will resign if it is passed so it's basically a no win situation at the moment. This fallout is happening the rest of this week and now the deal is out in the open anything can happen. Lucky you in California!
15 YEARS OF PASR ON FOREX FACTORY!
- #8,707
- Nov 14, 2018 1:20pm Nov 14, 2018 1:20pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #8,708
- Nov 14, 2018 1:38pm Nov 14, 2018 1:38pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
EURAUD
EURAUD Price is at a decision level
Good
we could potentially see an end to the downswing.
Anything and everything is""potentially" in mid week.
If that candle closes on Friday like it is now, would you still say the same AFTER comparing it with the candles in my blue rectangles? Does it look ""strong enough"" to hold up that down swing?
EURAUD Price is at a decision level and we could potentially see an end to the downswing. {image} {image}
Good
we could potentially see an end to the downswing.
Anything and everything is""potentially" in mid week.
If that candle closes on Friday like it is now, would you still say the same AFTER comparing it with the candles in my blue rectangles? Does it look ""strong enough"" to hold up that down swing?
15 YEARS OF PASR ON FOREX FACTORY!
- #8,709
- Nov 14, 2018 1:41pm Nov 14, 2018 1:41pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
- #8,710
- Nov 14, 2018 1:44pm Nov 14, 2018 1:44pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
15 YEARS OF PASR ON FOREX FACTORY!
{quote} What is the situation on a re-vote on Brexit?
Private Msgs are turned off to weirdos, loafs and brain drainers
- #8,715
- Nov 14, 2018 4:32pm Nov 14, 2018 4:32pm
- Joined Feb 2009 | Status: 15 YEAR PASR THREAD Senior Member | 12,379 Posts
Daily Open Line
I only use it on M1, M5 and M15 as a "balance line". I carried this over from my stock trading some 35 years ago! The idea on stocks was if PRICE opened and stayed above the open PRICE level in the first hour then it would be a PLUS day meaning buy all dips. Vice versa for closing below.
As you can see, it doesn't really work on Forex. I sometimes use it as a ""Reversion to the Mean" when PRICE isn't really trending and instead is oscillating around the open PRICE level (meaning there is no clear direction from the Big Boys). Although I don't normally trade H1 and H4, it can be used on them as support and resistance.
{quote} Strat, Would you share the purpose of the horizontal lines on your chart and how they are generated? Thanks Terry
As you can see, it doesn't really work on Forex. I sometimes use it as a ""Reversion to the Mean" when PRICE isn't really trending and instead is oscillating around the open PRICE level (meaning there is no clear direction from the Big Boys). Although I don't normally trade H1 and H4, it can be used on them as support and resistance.
15 YEARS OF PASR ON FOREX FACTORY!
- #8,716
- Nov 14, 2018 10:25pm Nov 14, 2018 10:25pm
- Joined Feb 2009 | Status: Illegitimi non carborundum | 3,526 Posts
Illegitimi non carborundum - Noli pati a scelestis opprimi.
